Chery Automobile Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2017
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '17 Dec 31, 2017
Operating Revenue	300,287	269,897	163,205	92,618	26,476
Other Revenue	-	-	-	-	2,995
Revenue	300,287	269,897	163,205	92,618	29,471
Revenue Growth (YoY)	11.26%	65.37%	76.21%	214.26%	-10.59%
Cost of Revenue	258,844	233,589	137,115	79,813	27,572
Gross Profit	41,443	36,308	26,090	12,805	1,900
Selling, General & Admin	17,246	14,379	9,627	5,141	4,308
Research & Development	11,444	9,243	6,664	3,646	-
Other Operating Expenses	-993	621	363	128	388.43
Operating Expenses	27,872	24,234	16,701	9,074	5,039
Operating Income	13,571	12,074	9,389	3,731	-3,140
Interest Expense	-2,096	-2,310	-1,617	-1,405	-2,067
Interest & Investment Income	931	992	1,146	825	5,602
Earnings From Equity Investments	1,579	1,446	1,236	887	-
Currency Exchange Gain (Loss)	2,710	-	-141	504	-241.03
Other Non Operating Income (Expenses)	5,959	4,610	3,252	1,808	-39.49
EBT Excluding Unusual Items	22,654	16,812	13,265	6,350	114.19
Gain (Loss) on Sale of Investments	290	-267	27	62	0.23
Gain (Loss) on Sale of Assets	57	59	13	96	163.11
Asset Writedown	-	-	-	-	-194.14
Other Unusual Items	-	8	-	-	130.68
Pretax Income	23,001	16,612	13,305	6,508	214.08
Income Tax Expense	3,494	2,278	2,861	702	-50.38
Earnings From Continuing Operations	19,507	14,334	10,444	5,806	264.46
Minority Interest in Earnings	-488	-199	1,509	460	21.48
Net Income	19,019	14,135	11,953	6,266	285.94
Net Income to Common	19,019	14,135	11,953	6,266	285.94
Net Income Growth	34.55%	18.25%	90.76%	2091.39%	-53.49%
Shares Outstanding (Basic)	5,552	-	-	-	-
Shares Outstanding (Diluted)	5,552	-	-	-	-
EPS (Basic)	3.43	-	-	-	-
EPS (Diluted)	3.43	-	-	-	-
Free Cash Flow	-	37,582	18,632	4,371	-4,943
Dividend Per Share	0.860	-	-	-	-
Gross Margin	13.80%	13.45%	15.99%	13.83%	6.44%
Operating Margin	4.52%	4.47%	5.75%	4.03%	-10.65%
Profit Margin	6.33%	5.24%	7.32%	6.77%	0.97%
Free Cash Flow Margin	-	13.93%	11.42%	4.72%	-16.77%
EBITDA	16,947	15,450	11,656	5,536	-739.11
EBITDA Margin	5.64%	5.72%	7.14%	5.98%	-2.51%
D&A For EBITDA	3,376	3,376	2,267	1,805	2,400
EBIT	13,571	12,074	9,389	3,731	-3,140
EBIT Margin	4.52%	4.47%	5.75%	4.03%	-10.65%
Effective Tax Rate	15.19%	13.71%	21.50%	10.79%	-
Revenue as Reported	-	-	-	-	29,471
Advertising Expenses	-	-	-	-	818.64

Source: S&P Global Market Intelligence. Standard template. Financial Sources.