TUHU Car Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	14,206	13,601	11,547	11,724	8,753	7,040
Revenue Growth (YoY)	12.74%	17.79%	-1.51%	33.94%	24.33%	-
Cost of Revenue	10,579	10,242	9,277	9,854	7,673	6,517
Gross Profit	3,627	3,359	2,270	1,870	1,080	523.41
Selling, General & Admin	2,802	2,724	2,569	2,686	1,764	1,455
Research & Development	583.7	579.62	621.37	619.58	369.51	223.28
Other Operating Expenses	-74.27	-115.8	-127.71	-76.16	-13.08	-7.05
Operating Expenses	3,311	3,187	3,062	3,230	2,120	1,671
Operating Income	315.8	172.04	-792.25	-1,359	-1,040	-1,148
Interest Expense	-17.98	-18.82	-27.88	-57.94	-50.53	-17.1
Interest & Investment Income	157.31	128.51	56.93	63.5	63.24	41.71
Earnings From Equity Investments	-14.2	-11.22	-33.52	-52.74	-10.79	-0.69
Currency Exchange Gain (Loss)	-18.09	2.56	23.74	17.29	24.94	4.54
Other Non Operating Income (Expenses)	-	-	-	-7.76	-	-9.3
EBT Excluding Unusual Items	422.84	273.07	-772.97	-1,397	-1,014	-1,129
Gain (Loss) on Sale of Investments	20.73	-1.31	4.59	0.15	26.11	8.2
Asset Writedown	-11.77	-11.77	-	28	76.5	-
Other Unusual Items	6,513	6,465	-1,339	-4,441	-2,993	-2,297
Pretax Income	6,944	6,725	-2,108	-5,810	-3,904	-3,418
Income Tax Expense	18.78	24.65	30.67	34.82	24.59	10.3
Earnings From Continuing Operations	6,926	6,701	-2,138	-5,845	-3,928	-3,428
Minority Interest in Earnings	2.68	2.24	2.14	4.22	-	-
Net Income	6,928	6,703	-2,136	-5,841	-3,928	-3,428
Net Income to Common	6,928	6,703	-2,136	-5,841	-3,928	-3,428
Shares Outstanding (Basic)	657	322	144	144	144	144
Shares Outstanding (Diluted)	847	807	144	144	144	144
Shares Change (YoY)	487.49%	459.51%	-	-	-	-
EPS (Basic)	10.54	20.80	-14.82	-40.52	-27.25	-23.78
EPS (Diluted)	0.45	0.29	-14.82	-41.00	-27.25	-24.00
Free Cash Flow	643.85	661.31	-646.85	-384.63	170.57	-390.5
Free Cash Flow Per Share	0.76	0.82	-4.49	-2.67	1.18	-2.71
Gross Margin	25.53%	24.70%	19.66%	15.95%	12.34%	7.43%
Operating Margin	2.22%	1.26%	-6.86%	-11.59%	-11.89%	-16.30%
Profit Margin	48.77%	49.28%	-18.50%	-49.82%	-44.88%	-48.69%
Free Cash Flow Margin	4.53%	4.86%	-5.60%	-3.28%	1.95%	-5.55%
EBITDA	475.87	333.2	-635.07	-1,238	-957.94	-1,085
EBITDA Margin	3.35%	2.45%	-5.50%	-10.56%	-10.94%	-15.41%
D&A For EBITDA	160.07	161.17	157.18	120.85	82.48	62.89
EBIT	315.8	172.04	-792.25	-1,359	-1,040	-1,148
EBIT Margin	2.22%	1.26%	-6.86%	-11.59%	-11.89%	-16.30%
Effective Tax Rate	0.27%	0.37%	-	-	-	-
Advertising Expenses	-	782.63	617.3	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.