Giti Tire 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 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	4,785	4,622	4,123	3,475	3,306	2,775
Other Revenue	46.55	46.55	41.31	31.82	36.33	27.79
Revenue	4,831	4,668	4,164	3,507	3,342	2,803
Revenue Growth (YoY)	6.82%	12.11%	18.74%	4.94%	19.22%	-8.70%
Cost of Revenue	4,004	3,818	3,349	3,130	2,948	2,298
Gross Profit	827.27	850.56	815.13	377.37	393.99	505.41
Selling, General & Admin	315.87	303.03	261.79	222.66	208.67	189.57
Research & Development	35.78	29.94	24.52	24.96	22.4	19.5
Other Operating Expenses	26.21	28.79	25.35	19.34	20.53	19.96
Operating Expenses	378.88	361.64	313.81	267.69	253.71	228.53
Operating Income	448.39	488.93	501.32	109.68	140.27	276.88
Interest Expense	-24.55	-22.65	-20.86	-24.5	-30.35	-42.37
Interest & Investment Income	5.28	5.64	3.11	3.15	2.79	2.09
Currency Exchange Gain (Loss)	-4.11	-4.11	6.02	5.12	-16.08	-70.87
Other Non Operating Income (Expenses)	-1.59	-2.62	-2.5	-3.08	-1.56	-0.76
EBT Excluding Unusual Items	423.43	465.19	487.08	90.38	95.08	164.97
Gain (Loss) on Sale of Investments	-2.44	-2.32	-2.84	-0.38	-	-
Gain (Loss) on Sale of Assets	0.56	0.62	-0.7	-0.28	1.92	-1.26
Asset Writedown	5.84	-0.3	-0.36	-0.42	-0.38	-12.93
Other Unusual Items	2.65	2.65	3.71	10.4	7.77	15.31
Pretax Income	430.04	465.85	486.9	99.69	104.38	166.1
Income Tax Expense	117.1	114.47	120.09	22.64	26.26	41.42
Earnings From Continuing Operations	312.94	351.38	366.81	77.05	78.12	124.67
Minority Interest in Earnings	-173.31	-177.09	-183.82	-42.62	-41.98	-65.04
Net Income	139.62	174.29	183	34.42	36.14	59.64
Net Income to Common	139.62	174.29	183	34.42	36.14	59.64
Net Income Growth	-33.15%	-4.76%	431.64%	-4.76%	-39.40%	-31.35%
Shares Outstanding (Basic)	340	340	340	340	340	340
Shares Outstanding (Diluted)	340	340	340	340	340	340
Shares Change (YoY)	0.00%	-	-0.03%	0.04%	0.00%	0.01%
EPS (Basic)	0.41	0.51	0.54	0.10	0.11	0.18
EPS (Diluted)	0.41	0.51	0.54	0.10	0.11	0.18
EPS Growth	-33.16%	-4.76%	431.82%	-4.80%	-39.40%	-31.35%
Free Cash Flow	71.14	377.72	200.59	31.07	191.32	325.86
Free Cash Flow Per Share	0.21	1.11	0.59	0.09	0.56	0.96
Dividend Per Share	0.870	0.910	0.270	0.035	0.035	0.055
Dividend Growth	47.46%	237.04%	671.43%	-	-36.36%	-30.38%
Gross Margin	17.12%	18.22%	19.57%	10.76%	11.79%	18.03%
Operating Margin	9.28%	10.47%	12.04%	3.13%	4.20%	9.88%
Profit Margin	2.89%	3.73%	4.40%	0.98%	1.08%	2.13%
Free Cash Flow Margin	1.47%	8.09%	4.82%	0.89%	5.73%	11.63%
EBITDA	589.63	625.86	632.53	240.67	270.68	408.09
EBITDA Margin	12.21%	13.41%	15.19%	6.86%	8.10%	14.56%
D&A For EBITDA	141.24	136.94	131.2	130.98	130.4	131.21
EBIT	448.39	488.93	501.32	109.68	140.27	276.88
EBIT Margin	9.28%	10.47%	12.04%	3.13%	4.20%	9.88%
Effective Tax Rate	27.23%	24.57%	24.66%	22.71%	25.16%	24.94%
Revenue as Reported	4,831	4,668	4,164	3,507	3,342	2,803

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