Sinomach Automobile 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	Sep '26 Sep 30, 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	34,254	35,177	41,552	43,148	39,331	43,648
Other Revenue	424.7	424.7	472.77	371.51	238.01	297.46
Revenue	34,679	35,602	42,025	43,520	39,569	43,945
Revenue Growth	-10.72%	-15.28%	-3.44%	9.98%	-9.96%	-0.43%
Cost of Revenue	31,507	32,833	39,100	40,518	36,458	40,793
Gross Profit	3,172	2,769	2,925	3,001	3,111	3,152
Selling, General & Admin	1,428	1,441	1,581	1,458	1,445	1,589
Research & Development	649.9	610.5	627.64	677.76	618.4	609.21
Other Operating Expenses	243.43	175.23	140.78	135.11	121.39	144.31
Operating Expenses	2,269	2,205	2,454	2,884	2,667	2,493
Operating Income	903	564.01	471.02	117.54	443.98	659.07
Interest Expense	-67.01	-90.35	-149.87	-121.36	-117.35	-122.25
Interest & Investment Income	67.45	64.46	50.11	84.71	92.52	92.04
Currency Exchange Gain (Loss)	20.3	20.3	-0.57	57.93	121.47	-56.97
Other Non Operating Income (Expenses)	-270.46	-20.92	29.15	-19.7	-62.9	-295.71
EBT Excluding Unusual Items	653.28	537.51	399.84	119.11	477.73	276.18
Gain (Loss) on Sale of Investments	-11.22	-20.81	0.93	-30.62	-68.05	31.79
Gain (Loss) on Sale of Assets	36.75	32.51	81.76	39.15	50.81	61.8
Asset Writedown	-50.03	-2.26	-	-15.36	-	21.73
Other Unusual Items	33.34	33.34	46.81	40.26	25.05	36.85
Pretax Income	662.12	580.29	529.35	152.55	485.54	428.35
Income Tax Expense	160.96	147.46	129.27	133.06	177.71	150.78
Earnings From Continuing Operations	501.16	432.83	400.08	19.49	307.82	277.57
Minority Interest in Earnings	-12.43	-11.39	-7.62	1.31	10.75	-21.45
Net Income	488.73	421.43	392.46	20.79	318.57	256.12
Net Income to Common	488.73	421.43	392.46	20.79	318.57	256.12
Net Income Growth	9.38%	7.38%	1787.58%	-93.47%	24.39%	-40.08%
Shares Outstanding (Basic)	1,491	1,496	1,496	1,496	1,457	1,457
Shares Outstanding (Diluted)	1,491	1,496	1,496	1,496	1,457	1,457
Shares Change	-0.31%	-0.01%	-0.01%	2.69%	-0.01%	-0.00%
EPS (Basic)	0.33	0.28	0.26	0.01	0.22	0.18
EPS (Diluted)	0.33	0.28	0.26	0.01	0.22	0.18
EPS Growth	9.72%	7.39%	1787.77%	-93.64%	24.40%	-40.08%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	1,016	3,002	1,571	-609.65	-3,315	2,497
Free Cash Flow Per Share	0.68	2.01	1.05	-0.41	-2.28	1.71
Dividend Per Share	0.124	0.112	0.105	0.005	0.080	0.070
Dividend Growth	12.73%	6.67%	2000.00%	-93.75%	14.29%	-41.67%
Gross Margin	9.15%	7.78%	6.96%	6.90%	7.86%	7.17%
Operating Margin	2.60%	1.58%	1.12%	0.27%	1.12%	1.50%
Profit Margin	1.41%	1.18%	0.93%	0.05%	0.80%	0.58%
Free Cash Flow Margin	2.93%	8.43%	3.74%	-1.40%	-8.38%	5.68%
EBITDA	1,613	1,219	1,052	640.58	882.21	1,117
EBITDA Margin	4.65%	3.42%	2.50%	1.47%	2.23%	2.54%
D&A For EBITDA	709.86	654.72	581.21	523.04	438.22	457.72
EBIT	903	564.01	471.02	117.54	443.98	659.07
EBIT Margin	2.60%	1.58%	1.12%	0.27%	1.12%	1.50%
Effective Tax Rate	24.31%	25.41%	24.42%	87.23%	36.60%	35.20%
Revenue as Reported	34,679	35,602	42,025	43,520	39,569	43,945