Aecc Aero Science and Technology Co.,Ltd (SHA:600391)

SHA:600391 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,247	3,780	4,448	3,733	3,456	2,688
Other Revenue	70.45	70.45	69.65	68.67	48.36	33.27
Revenue	4,317	3,850	4,518	3,801	3,505	2,721
Revenue Growth (YoY)	5.32%	-14.77%	18.85%	8.47%	28.79%	-19.58%
Cost of Revenue	3,755	3,255	4,035	3,339	3,118	2,454
Gross Profit	561.83	594.99	483.14	462.43	386.81	266.69
Selling, General & Admin	245.22	259.09	261.77	202.96	205.15	165.78
Research & Development	112.76	104.57	77.74	87.51	67.18	65.52
Other Operating Expenses	8.21	5.2	16.94	27.71	14.64	19.7
Operating Expenses	387.66	384.22	362.37	332.08	283.74	236.07
Operating Income	174.17	210.77	120.76	130.35	103.07	30.62
Interest Expense	-52.42	-60.11	-49.33	-48.99	-49.67	-40.51
Interest & Investment Income	0.96	2.55	1.6	1.54	1.71	1.59
Currency Exchange Gain (Loss)	10.37	10.37	9.36	24.08	-11.43	0.88
Other Non Operating Income (Expenses)	-8.11	-9.34	-9.66	-7.22	-10.65	-5.4
EBT Excluding Unusual Items	124.96	154.24	72.74	99.75	33.03	-12.82
Gain (Loss) on Sale of Investments	-0.49	-1.45	-1.61	-1.95	-	-
Gain (Loss) on Sale of Assets	0.03	-0.03	5.06	0.56	1.82	-0.07
Asset Writedown	12.4	-3.37	-1.33	-27.44	-0.68	-6.17
Legal Settlements	-	-	-0.55	-	-	-
Other Unusual Items	9.95	10.98	48.4	17.67	20.34	34.4
Pretax Income	146.85	160.37	122.71	88.58	54.5	15.33
Income Tax Expense	27.53	24.42	15.55	5.13	8.02	5.63
Earnings From Continuing Operations	119.32	135.95	107.17	83.45	46.49	9.7
Minority Interest in Earnings	-74.54	-67.16	-59.01	-36.73	-25.2	-25.73
Net Income	44.77	68.79	48.16	46.72	21.29	-16.03
Net Income to Common	44.77	68.79	48.16	46.72	21.29	-16.03
Net Income Growth	-34.46%	42.85%	3.08%	119.48%	-	-
Shares Outstanding (Basic)	328	328	321	334	355	321
Shares Outstanding (Diluted)	328	328	321	334	355	321
Shares Change (YoY)	2.09%	2.04%	-3.79%	-5.94%	10.68%	-0.62%
EPS (Basic)	0.14	0.21	0.15	0.14	0.06	-0.05
EPS (Diluted)	0.14	0.21	0.15	0.14	0.06	-0.05
EPS Growth	-35.80%	40.00%	7.14%	133.33%	-	-
Free Cash Flow	946.07	-1,322	307.26	286.1	-815.3	637.74
Free Cash Flow Per Share	2.89	-4.04	0.96	0.86	-2.30	1.99
Gross Margin	13.01%	15.45%	10.69%	12.16%	11.04%	9.80%
Operating Margin	4.03%	5.47%	2.67%	3.43%	2.94%	1.13%
Profit Margin	1.04%	1.79%	1.07%	1.23%	0.61%	-0.59%
Free Cash Flow Margin	21.92%	-34.34%	6.80%	7.53%	-23.26%	23.44%
EBITDA	408.22	434.51	330.77	340.7	302.65	178.92
EBITDA Margin	9.46%	11.29%	7.32%	8.96%	8.64%	6.58%
D&A For EBITDA	234.05	223.75	210.01	210.35	199.58	148.3
EBIT	174.17	210.77	120.76	130.35	103.07	30.62
EBIT Margin	4.03%	5.47%	2.67%	3.43%	2.94%	1.13%
Effective Tax Rate	18.75%	15.23%	12.67%	5.80%	14.71%	36.72%
Revenue as Reported	4,317	3,850	4,518	3,801	3,505	2,721
Advertising Expenses	-	3.66	1.39	-	-	-

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