Chery Automobile Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2017	FY 2016
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Operating Revenue	302,576	269,897	163,205	92,618	26,476	30,071
Other Revenue	-	-	-	-	2,995	2,893
Revenue	302,576	269,897	163,205	92,618	29,471	32,964
Revenue Growth (YoY)	85.40%	65.37%	76.21%	214.26%	-10.59%	17.50%
Cost of Revenue	263,808	233,589	137,115	79,813	27,572	29,502
Gross Profit	38,768	36,308	26,090	12,805	1,900	3,462
Selling, General & Admin	16,415	14,379	9,627	5,141	4,308	4,187
Research & Development	10,568	9,243	6,664	3,646	-	-
Other Operating Expenses	-2,862	-2,655	-1,376	-1,388	388.43	1,131
Operating Expenses	24,112	20,958	14,962	7,558	5,039	5,334
Operating Income	14,656	15,350	11,128	5,247	-3,140	-1,872
Interest Expense	-2,117	-2,310	-1,617	-1,405	-2,067	-1,670
Interest & Investment Income	2,077	2,077	2,389	1,642	5,602	3,483
Earnings From Equity Investments	1,442	1,446	1,236	887	-	-
Currency Exchange Gain (Loss)	-	-	-141	504	-241.03	259.45
Other Non Operating Income (Expenses)	4,714	249	270	-525	-39.49	112.78
EBT Excluding Unusual Items	20,772	16,812	13,265	6,350	114.19	312.8
Gain (Loss) on Sale of Investments	-267	-267	27	62	0.23	0.79
Gain (Loss) on Sale of Assets	59	59	13	96	163.11	8.91
Asset Writedown	-	-	-	-	-194.14	-116.98
Other Unusual Items	8	8	-	-	130.68	-
Pretax Income	20,572	16,612	13,305	6,508	214.08	205.52
Income Tax Expense	3,049	2,278	2,861	702	-50.38	-96.02
Earnings From Continuing Operations	17,523	14,334	10,444	5,806	264.46	301.53
Minority Interest in Earnings	-245	-199	1,509	460	21.48	313.31
Net Income	17,278	14,135	11,953	6,266	285.94	614.84
Net Income to Common	17,278	14,135	11,953	6,266	285.94	614.84
Net Income Growth	44.55%	18.25%	90.76%	2091.39%	-53.49%	256.13%
Free Cash Flow	-	37,582	18,632	4,371	-4,943	1,524
Gross Margin	12.81%	13.45%	15.99%	13.83%	6.44%	10.50%
Operating Margin	4.84%	5.69%	6.82%	5.67%	-10.65%	-5.68%
Profit Margin	5.71%	5.24%	7.32%	6.77%	0.97%	1.86%
Free Cash Flow Margin	-	13.93%	11.42%	4.72%	-16.77%	4.62%
EBITDA	17,999	18,726	13,395	7,052	-739.11	652.78
EBITDA Margin	5.95%	6.94%	8.21%	7.61%	-2.51%	1.98%
D&A For EBITDA	3,343	3,376	2,267	1,805	2,400	2,525
EBIT	14,656	15,350	11,128	5,247	-3,140	-1,872
EBIT Margin	4.84%	5.69%	6.82%	5.67%	-10.65%	-5.68%
Effective Tax Rate	14.82%	13.71%	21.50%	10.79%	-	-
Revenue as Reported	-	-	-	-	29,471	32,964
Advertising Expenses	-	-	-	-	818.64	846.91

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