Fujian Longxi Bearing (Group) Co., Ltd (SHA:600592)

SHA:600592 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	1,683	1,748	1,885	1,690	1,403	1,118
Other Revenue	28.89	28.89	19.52	29.9	31.89	40.75
Revenue	1,712	1,777	1,904	1,719	1,435	1,159
Revenue Growth (YoY)	-9.44%	-6.68%	10.74%	19.81%	23.86%	22.48%
Cost of Revenue	1,385	1,436	1,541	1,375	1,055	899.59
Gross Profit	326.91	341.46	363.26	344.19	379.99	259.12
Selling, General & Admin	118.84	117.39	106.69	109.65	107.74	95.61
Research & Development	127.98	128.11	127.35	123.02	108.74	107.99
Other Operating Expenses	10.15	10.33	11.29	13.49	15.86	13.95
Operating Expenses	260.92	259.56	249.84	251.32	231.61	220.65
Operating Income	65.99	81.9	113.42	92.87	148.38	38.47
Interest Expense	-3.52	-4.55	-8.78	-15.67	-9.43	-9.92
Interest & Investment Income	45.6	44.28	28.3	30.09	21.89	22.87
Currency Exchange Gain (Loss)	1.17	1.17	2.75	3.6	-1.55	-0.97
Other Non Operating Income (Expenses)	4.1	1.61	-1.69	3.11	-5.33	0.03
EBT Excluding Unusual Items	113.34	124.41	134	114.01	153.97	50.47
Impairment of Goodwill	-	-	-	-	-79.55	-
Gain (Loss) on Sale of Investments	23.45	20.76	8.47	-163.79	50.45	73.94
Gain (Loss) on Sale of Assets	1.76	1.76	25.79	1.53	188.01	2.29
Asset Writedown	-11.32	-13.66	-13.8	-12.43	-9	-
Other Unusual Items	23.89	24.06	23.3	21.68	27.89	37.78
Pretax Income	151.13	157.33	177.75	-38.99	331.77	164.49
Income Tax Expense	12.54	14.48	16.63	-20.15	48.67	25.13
Earnings From Continuing Operations	138.58	142.85	161.12	-18.84	283.1	139.36
Minority Interest in Earnings	-18.69	-17.54	7.19	12.85	15.06	10.26
Net Income	119.89	125.31	168.31	-5.99	298.16	149.62
Net Income to Common	119.89	125.31	168.31	-5.99	298.16	149.62
Net Income Growth	-11.10%	-25.55%	-	-	99.28%	2.23%
Shares Outstanding (Basic)	404	404	401	399	398	404
Shares Outstanding (Diluted)	404	404	401	399	398	404
Shares Change (YoY)	0.89%	0.87%	0.35%	0.45%	-1.69%	2.23%
EPS (Basic)	0.30	0.31	0.42	-0.01	0.75	0.37
EPS (Diluted)	0.30	0.31	0.42	-0.01	0.75	0.37
EPS Growth	-11.88%	-26.19%	-	-	102.70%	-
Free Cash Flow	266.23	287.5	-82.57	9.12	24.93	-64.37
Free Cash Flow Per Share	0.66	0.71	-0.21	0.02	0.06	-0.16
Dividend Per Share	0.100	0.100	0.127	-	0.122	0.113
Dividend Growth	-21.26%	-21.26%	-	-	7.96%	2.73%
Gross Margin	19.10%	19.21%	19.08%	20.02%	26.48%	22.36%
Operating Margin	3.85%	4.61%	5.96%	5.40%	10.34%	3.32%
Profit Margin	7.00%	7.05%	8.84%	-0.35%	20.77%	12.91%
Free Cash Flow Margin	15.55%	16.18%	-4.34%	0.53%	1.74%	-5.56%
EBITDA	134.37	150.69	183.83	162.9	221.42	111.54
EBITDA Margin	7.85%	8.48%	9.65%	9.47%	15.43%	9.63%
D&A For EBITDA	68.38	68.78	70.4	70.03	73.04	73.07
EBIT	65.99	81.9	113.42	92.87	148.38	38.47
EBIT Margin	3.85%	4.61%	5.96%	5.40%	10.34%	3.32%
Effective Tax Rate	8.30%	9.20%	9.35%	-	14.67%	15.28%
Revenue as Reported	1,712	1,777	1,904	1,719	1,435	1,159

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