Fuyao Glass Industry Group Co., Ltd. (SHA:600660)

SHA:600660 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	41,749	38,710	32,650	27,651	23,261	19,641
Other Revenue	609.89	541.23	510.82	447.78	341.93	265.3
Revenue	42,359	39,252	33,161	28,099	23,603	19,907
Revenue Growth (YoY)	16.15%	18.37%	18.02%	19.05%	18.57%	-5.67%
Cost of Revenue	26,906	25,176	21,495	18,609	15,192	12,730
Gross Profit	15,453	14,076	11,666	9,490	8,411	7,177
Selling, General & Admin	4,300	4,013	3,984	3,455	3,052	2,894
Research & Development	1,776	1,678	1,403	1,249	997.2	815.58
Other Operating Expenses	243.22	70.74	172.77	225.34	204.63	198.18
Operating Expenses	6,326	5,764	5,576	4,934	4,260	3,910
Operating Income	9,127	8,312	6,090	4,556	4,151	3,266
Interest Expense	-307.03	-288.51	-288.32	-288.12	-318.94	-354.75
Interest & Investment Income	925.46	979.19	614	262.73	231.79	361.29
Currency Exchange Gain (Loss)	591.48	-24.28	368.7	1,045	-528.01	-422.47
Other Non Operating Income (Expenses)	-33.17	-11.68	-6.98	-7.41	-7.21	-11
EBT Excluding Unusual Items	10,304	8,967	6,778	5,568	3,529	2,839
Gain (Loss) on Sale of Investments	128.99	-70.03	-36.31	-10.28	-9.4	-0.68
Gain (Loss) on Sale of Assets	-72.66	-92.21	-100.07	-127.95	-103	-67.15
Asset Writedown	-19.16	-19.16	-147.03	-105.5	-	-
Other Unusual Items	318.58	205.61	221.87	254.51	402.64	338.06
Pretax Income	10,660	8,991	6,716	5,579	3,819	3,110
Income Tax Expense	1,850	1,487	1,087	826.31	675.86	511.14
Earnings From Continuing Operations	8,810	7,504	5,629	4,753	3,143	2,598
Minority Interest in Earnings	-5.82	-6.06	0.15	2.8	3.19	2.33
Net Income	8,804	7,498	5,629	4,756	3,146	2,601
Net Income to Common	8,804	7,498	5,629	4,756	3,146	2,601
Net Income Growth	39.93%	33.20%	18.37%	51.15%	20.97%	-10.27%
Shares Outstanding (Basic)	2,613	2,613	2,606	2,613	2,558	2,501
Shares Outstanding (Diluted)	2,613	2,613	2,606	2,613	2,558	2,501
Shares Change (YoY)	0.08%	0.25%	-0.26%	2.15%	2.28%	0.08%
EPS (Basic)	3.37	2.87	2.16	1.82	1.23	1.04
EPS (Diluted)	3.37	2.87	2.16	1.82	1.23	1.04
EPS Growth	39.82%	32.87%	18.68%	47.97%	18.27%	-10.35%
Free Cash Flow	4,595	3,081	3,150	2,763	3,348	3,505
Free Cash Flow Per Share	1.76	1.18	1.21	1.06	1.31	1.40
Dividend Per Share	2.700	1.800	1.300	1.250	1.000	0.750
Dividend Growth	107.69%	38.46%	4.00%	25.00%	33.33%	-
Gross Margin	36.48%	35.86%	35.18%	33.77%	35.64%	36.05%
Operating Margin	21.55%	21.18%	18.37%	16.21%	17.59%	16.41%
Profit Margin	20.78%	19.10%	16.98%	16.93%	13.33%	13.06%
Free Cash Flow Margin	10.85%	7.85%	9.50%	9.83%	14.19%	17.61%
EBITDA	11,409	10,496	8,172	6,519	6,038	5,135
EBITDA Margin	26.93%	26.74%	24.64%	23.20%	25.58%	25.80%
D&A For EBITDA	2,282	2,184	2,082	1,963	1,887	1,869
EBIT	9,127	8,312	6,090	4,556	4,151	3,266
EBIT Margin	21.55%	21.18%	18.37%	16.21%	17.59%	16.41%
Effective Tax Rate	17.35%	16.54%	16.18%	14.81%	17.70%	16.44%
Revenue as Reported	42,359	39,252	33,161	28,099	23,603	19,907

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.