SAIC Motor Corporation Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	632,848	632,007	598,531	710,667	705,550	745,977
Other Revenue	22,954	24,236	29,059	34,038	38,513	33,868
Revenue	655,802	656,244	627,590	744,705	744,063	779,846
Revenue Growth (YoY)	4.87%	4.57%	-15.73%	0.09%	-4.59%	5.08%
Cost of Revenue	576,593	582,329	557,058	659,955	653,039	686,618
Gross Profit	79,679	74,240	68,561	82,103	86,466	88,633
Selling, General & Admin	44,541	44,257	42,088	49,472	56,338	54,084
Research & Development	18,246	18,104	17,650	18,365	18,031	19,668
Other Operating Expenses	2,797	2,739	-312.26	4,626	5,281	5,549
Operating Expenses	66,396	65,812	61,798	74,365	80,523	79,888
Operating Income	13,283	8,428	6,763	7,738	5,942	8,745
Interest Expense	-3,292	-3,587	-3,797	-3,447	-5,412	-2,106
Interest & Investment Income	14,930	15,303	10,042	17,854	17,452	29,575
Currency Exchange Gain (Loss)	2,142	2,146	-1,606	1,236	1,029	-569.82
Other Non Operating Income (Expenses)	-2,317	-62.12	-2,351	-1,041	1,970	-39.67
EBT Excluding Unusual Items	24,747	22,228	9,051	22,339	20,981	35,605
Impairment of Goodwill	-	-	-12.53	-16.81	-	-66.72
Gain (Loss) on Sale of Investments	2,936	5,007	1,645	964.46	-76.84	1,738
Gain (Loss) on Sale of Assets	543.46	450.23	345.62	1,268	1,887	810.06
Asset Writedown	-3,837	-3,752	-714.76	-2,419	-414.52	-434.83
Other Unusual Items	975.64	975.64	196.42	3,837	5,694	3,907
Pretax Income	25,365	24,909	10,511	25,973	28,071	41,558
Income Tax Expense	7,581	7,465	4,678	5,913	5,228	7,616
Earnings From Continuing Operations	17,784	17,444	5,833	20,060	22,843	33,942
Minority Interest in Earnings	-7,675	-7,338	-4,167	-5,954	-6,725	-9,409
Net Income	10,109	10,106	1,666	14,106	16,118	24,533
Net Income to Common	10,109	10,106	1,666	14,106	16,118	24,533
Net Income Growth	411.63%	506.45%	-88.19%	-12.48%	-34.30%	20.08%
Shares Outstanding (Basic)	11,411	11,419	11,492	11,506	11,513	11,572
Shares Outstanding (Diluted)	11,411	11,419	11,492	11,506	11,513	11,572
Shares Change (YoY)	-0.60%	-0.64%	-0.12%	-0.06%	-0.52%	-0.77%
EPS (Basic)	0.89	0.89	0.14	1.23	1.40	2.12
EPS (Diluted)	0.89	0.89	0.14	1.23	1.40	2.12
EPS Growth	414.74%	510.34%	-88.17%	-12.43%	-33.96%	21.00%
Free Cash Flow	40,640	12,520	48,466	22,925	-13,430	2,873
Free Cash Flow Per Share	3.56	1.10	4.22	1.99	-1.17	0.25
Dividend Per Share	0.266	0.266	0.088	0.370	0.337	0.682
Dividend Growth	202.27%	202.27%	-76.24%	9.92%	-50.59%	10.00%
Gross Margin	12.15%	11.31%	10.92%	11.03%	11.62%	11.37%
Operating Margin	2.02%	1.28%	1.08%	1.04%	0.80%	1.12%
Profit Margin	1.54%	1.54%	0.27%	1.89%	2.17%	3.15%
Free Cash Flow Margin	6.20%	1.91%	7.72%	3.08%	-1.80%	0.37%
EBITDA	30,719	25,963	24,696	24,567	21,279	24,289
EBITDA Margin	4.68%	3.96%	3.94%	3.30%	2.86%	3.12%
D&A For EBITDA	17,436	17,535	17,933	16,829	15,337	15,544
EBIT	13,283	8,428	6,763	7,738	5,942	8,745
EBIT Margin	2.02%	1.28%	1.08%	1.04%	0.80%	1.12%
Effective Tax Rate	29.89%	29.97%	44.50%	22.77%	18.63%	18.33%
Revenue as Reported	655,802	656,244	627,590	744,705	744,063	779,846
Advertising Expenses	-	9,179	7,225	11,418	13,174	13,105

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