AVIC Shenyang Aircraft Company Limited (SHA:600760)

SHA:600760 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	37,900	42,591	46,027	41,380	34,392	27,113
Other Revenue	246.58	246.58	220.54	218.04	294.01	203
Revenue	38,146	42,837	46,248	41,598	34,686	27,316
Revenue Growth (YoY)	3.34%	-7.37%	11.18%	19.93%	26.98%	14.96%
Cost of Revenue	33,558	37,529	41,273	37,725	31,261	24,836
Gross Profit	4,589	5,308	4,975	3,873	3,426	2,480
Selling, General & Admin	1,043	938.41	970.98	891.69	869.93	712.6
Research & Development	372.99	727.17	975.64	739.97	684.53	287.62
Other Operating Expenses	-3.08	167.44	135.14	204.27	38.82	36.66
Operating Expenses	1,234	1,729	1,969	1,678	1,898	1,234
Operating Income	3,355	3,579	3,006	2,194	1,528	1,246
Interest Expense	-1.92	-4	-2.84	-6.29	-4.98	-27.32
Interest & Investment Income	71.87	295.86	320.3	256.08	290.46	172.98
Currency Exchange Gain (Loss)	7.35	7.35	1.83	57.84	-13.77	-44.86
Other Non Operating Income (Expenses)	-12.05	-17.64	-19.94	-4.86	-23.7	-19.77
EBT Excluding Unusual Items	3,420	3,861	3,305	2,497	1,776	1,327
Gain (Loss) on Sale of Investments	-20	-20	-	-1.1	-	-
Gain (Loss) on Sale of Assets	9.4	1.1	13.03	-1.53	10.38	-6.69
Asset Writedown	-69.71	-5.98	-4.36	-1.32	-10.34	-
Other Unusual Items	119.99	79.15	80.66	117.48	111.27	417.82
Pretax Income	3,460	3,915	3,395	2,611	1,887	1,738
Income Tax Expense	485.25	501.94	385.44	297.71	168.03	254.36
Earnings From Continuing Operations	2,974	3,413	3,009	2,313	1,719	1,484
Minority Interest in Earnings	-36.66	-18.93	-2.04	-7.97	-5.82	-3.47
Net Income	2,938	3,394	3,007	2,305	1,713	1,480
Net Income to Common	2,938	3,394	3,007	2,305	1,713	1,480
Net Income Growth	19.39%	12.86%	30.47%	34.55%	15.73%	68.63%
Shares Outstanding (Basic)	2,736	2,759	2,759	2,744	2,757	2,726
Shares Outstanding (Diluted)	2,736	2,759	2,759	2,744	2,757	2,726
Shares Change (YoY)	-0.96%	0.02%	0.55%	-0.46%	1.11%	-0.17%
EPS (Basic)	1.07	1.23	1.09	0.84	0.62	0.54
EPS (Diluted)	1.07	1.23	1.09	0.84	0.62	0.54
EPS Growth	20.55%	12.84%	29.76%	35.18%	14.46%	68.92%
Free Cash Flow	-3,252	-6,795	-6,956	1,618	9,049	5,578
Free Cash Flow Per Share	-1.19	-2.46	-2.52	0.59	3.28	2.05
Dividend Per Share	0.400	0.400	0.400	0.286	0.250	0.122
Dividend Growth	-25.93%	-	40.01%	14.28%	104.25%	60.00%
Gross Margin	12.03%	12.39%	10.76%	9.31%	9.88%	9.08%
Operating Margin	8.79%	8.36%	6.50%	5.27%	4.40%	4.56%
Profit Margin	7.70%	7.92%	6.50%	5.54%	4.94%	5.42%
Free Cash Flow Margin	-8.53%	-15.86%	-15.04%	3.89%	26.09%	20.42%
EBITDA	4,463	4,570	3,841	2,975	2,291	1,923
EBITDA Margin	11.70%	10.67%	8.30%	7.15%	6.61%	7.04%
D&A For EBITDA	1,109	991.14	834.65	780.34	763.88	676.89
EBIT	3,355	3,579	3,006	2,194	1,528	1,246
EBIT Margin	8.79%	8.36%	6.50%	5.27%	4.40%	4.56%
Effective Tax Rate	14.03%	12.82%	11.35%	11.40%	8.91%	14.64%
Revenue as Reported	17,540	42,837	46,248	41,598	34,686	27,316
Advertising Expenses	-	18.61	20.25	10.89	13.31	7.88

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