Sinomach Automobile Co.,Ltd. (SHA:600335)

Sinomach Automobile Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	40,119	41,552	43,148	39,331	43,648	43,896
Other Revenue	472.77	472.77	371.51	238.01	297.46	238.86
Revenue	40,591	42,025	43,520	39,569	43,945	44,135
Revenue Growth (YoY)	-5.52%	-3.44%	9.98%	-9.96%	-0.43%	-15.39%
Cost of Revenue	37,832	39,100	40,518	36,458	40,793	40,535
Gross Profit	2,759	2,925	3,001	3,111	3,152	3,600
Selling, General & Admin	1,523	1,581	1,458	1,445	1,589	1,367
Research & Development	487.92	627.64	677.76	618.4	609.21	588.85
Other Operating Expenses	156.78	140.78	135.11	121.39	144.31	95.11
Operating Expenses	2,241	2,429	2,898	2,667	2,493	2,108
Operating Income	518.17	495.79	103.11	443.98	659.07	1,492
Interest Expense	-149.44	-149.87	-121.36	-117.35	-122.25	-204.59
Interest & Investment Income	45.72	50.11	84.71	92.52	92.04	43.81
Currency Exchange Gain (Loss)	-0.57	-0.57	57.93	121.47	-56.97	-123.51
Other Non Operating Income (Expenses)	35.67	5.87	-5.28	-62.9	-295.71	-607.61
EBT Excluding Unusual Items	449.56	401.34	119.11	477.73	276.18	600.3
Impairment of Goodwill	-	-	-	-	-	-9.59
Gain (Loss) on Sale of Investments	-10.63	0.93	-30.62	-68.05	31.79	-130.67
Gain (Loss) on Sale of Assets	65.43	81.76	39.15	50.81	61.8	35.44
Asset Writedown	-2.67	-1.5	-15.36	-	21.73	-10.48
Other Unusual Items	46.81	46.81	40.26	25.05	36.85	13.79
Pretax Income	548.51	529.35	152.55	485.54	428.35	498.79
Income Tax Expense	136.19	129.27	133.06	177.71	150.78	248.48
Earnings From Continuing Operations	412.32	400.08	19.49	307.82	277.57	250.3
Minority Interest in Earnings	-8.72	-7.62	1.31	10.75	-21.45	177.16
Net Income	403.59	392.46	20.79	318.57	256.12	427.46
Net Income to Common	403.59	392.46	20.79	318.57	256.12	427.46
Net Income Growth	797.25%	1787.58%	-93.47%	24.39%	-40.08%	-20.49%
Shares Outstanding (Basic)	1,496	1,496	1,496	1,457	1,457	1,457
Shares Outstanding (Diluted)	1,496	1,496	1,496	1,457	1,457	1,457
Shares Change (YoY)	0.01%	-0.01%	2.69%	-0.01%	-0.00%	-
EPS (Basic)	0.27	0.26	0.01	0.22	0.18	0.29
EPS (Diluted)	0.27	0.26	0.01	0.22	0.18	0.29
EPS Growth	797.15%	1787.77%	-93.64%	24.40%	-40.08%	-20.49%
Free Cash Flow	3,124	1,571	-609.65	-3,315	2,497	145.03
Free Cash Flow Per Share	2.09	1.05	-0.41	-2.28	1.71	0.10
Dividend Per Share	0.105	0.105	0.005	0.080	0.070	0.120
Dividend Growth	2000.00%	2000.00%	-93.75%	14.29%	-41.67%	100.00%
Gross Margin	6.80%	6.96%	6.90%	7.86%	7.17%	8.16%
Operating Margin	1.28%	1.18%	0.24%	1.12%	1.50%	3.38%
Profit Margin	0.99%	0.93%	0.05%	0.80%	0.58%	0.97%
Free Cash Flow Margin	7.70%	3.74%	-1.40%	-8.38%	5.68%	0.33%
EBITDA	1,102	1,068	626.15	882.21	1,117	1,960
EBITDA Margin	2.71%	2.54%	1.44%	2.23%	2.54%	4.44%
D&A For EBITDA	584.01	571.81	523.04	438.22	457.72	467.33
EBIT	518.17	495.79	103.11	443.98	659.07	1,492
EBIT Margin	1.28%	1.18%	0.24%	1.12%	1.50%	3.38%
Effective Tax Rate	24.83%	24.42%	87.23%	36.60%	35.20%	49.82%
Revenue as Reported	40,591	42,025	43,520	39,569	43,945	44,135

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