Yutong Bus Co.,Ltd. (SHA:600066)

Yutong Bus Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	32,779	24,102	19,530	20,979	20,009
Other Revenue	4,439	2,940	2,269	2,254	1,696
Revenue	37,218	27,042	21,799	23,233	21,705
Revenue Growth (YoY)	37.63%	24.05%	-6.17%	7.04%	-28.82%
Cost of Revenue	28,989	20,956	16,945	19,021	18,016
Gross Profit	8,228	6,086	4,854	4,212	3,689
Selling, General & Admin	2,094	1,942	2,472	2,572	2,373
Research & Development	1,788	1,568	1,694	1,561	1,552
Other Operating Expenses	231.17	293.71	198.28	246.15	168.76
Operating Expenses	4,334	4,121	4,824	4,361	3,967
Operating Income	3,894	1,964	30.46	-149.05	-277.88
Interest Expense	-1.78	-1.87	-0.23	-3.01	-0.15
Interest & Investment Income	146.76	245.56	215.25	195.32	199.83
Currency Exchange Gain (Loss)	23.59	-45.18	16.69	72	-123.38
Other Non Operating Income (Expenses)	-24.06	-13.66	-0.21	-18.25	-60.77
EBT Excluding Unusual Items	4,039	2,149	261.96	97.01	-262.36
Gain (Loss) on Sale of Investments	327.84	-455.9	-17.25	40.78	93.65
Gain (Loss) on Sale of Assets	18.89	46.72	53.99	8.03	107.91
Asset Writedown	1.58	1.29	0.46	0.94	-1.54
Other Unusual Items	335.15	336.68	408.59	396.69	410.05
Pretax Income	4,722	2,078	707.76	543.46	347.71
Income Tax Expense	568.28	238.51	-60.05	-82.05	-170.36
Earnings From Continuing Operations	4,154	1,840	767.8	625.51	518.08
Minority Interest in Earnings	-37.73	-22.42	-8.66	-11.73	-2.09
Net Income	4,116	1,817	759.14	613.79	515.99
Net Income to Common	4,116	1,817	759.14	613.79	515.99
Net Income Growth	126.53%	139.36%	23.68%	18.95%	-73.43%
Shares Outstanding (Basic)	2,213	2,216	2,233	2,192	2,457
Shares Outstanding (Diluted)	2,213	2,216	2,233	2,192	2,457
Shares Change (YoY)	-0.13%	-0.75%	1.86%	-10.79%	7.53%
EPS (Basic)	1.86	0.82	0.34	0.28	0.21
EPS (Diluted)	1.86	0.82	0.34	0.28	0.21
EPS Growth	126.83%	141.18%	21.43%	33.33%	-75.29%
Free Cash Flow	6,515	4,150	2,278	24.41	2,611
Free Cash Flow Per Share	2.94	1.87	1.02	0.01	1.06
Dividend Per Share	0.600	1.500	1.000	0.500	0.500
Dividend Growth	-60.00%	50.00%	100.00%	-	-50.00%
Gross Margin	22.11%	22.50%	22.27%	18.13%	17.00%
Operating Margin	10.46%	7.26%	0.14%	-0.64%	-1.28%
Profit Margin	11.06%	6.72%	3.48%	2.64%	2.38%
Free Cash Flow Margin	17.51%	15.35%	10.45%	0.10%	12.03%
EBITDA	4,579	2,689	897.89	667.48	376.29
EBITDA Margin	12.30%	9.94%	4.12%	2.87%	1.73%
D&A For EBITDA	684.99	724.4	867.43	816.53	654.16
EBIT	3,894	1,964	30.46	-149.05	-277.88
EBIT Margin	10.46%	7.26%	0.14%	-0.64%	-1.28%
Effective Tax Rate	12.03%	11.48%	-	-	-
Revenue as Reported	37,218	27,042	21,799	23,233	21,705
Advertising Expenses	77.03	57.99	75.94	83.44	85.74

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