Yutong Heavy Industries Co.,Ltd. (SHA:600817)

Yutong Heavy Industries Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,625	2,714	3,457	3,577	3,251
Other Revenue	173.51	192.94	128.29	179.26	233.05
Revenue	3,799	2,907	3,585	3,757	3,484
Revenue Growth (YoY)	30.67%	-18.92%	-4.56%	7.81%	8.62%
Cost of Revenue	3,005	2,185	2,518	2,683	2,438
Gross Profit	793.89	721.78	1,067	1,073	1,046
Selling, General & Admin	379.72	307.99	484.81	568.85	517.81
Research & Development	129.03	146.16	159.91	174.86	189.25
Other Operating Expenses	28.13	26.05	28.36	30.73	-21.45
Operating Expenses	573.81	605.36	743.36	803.3	667.6
Operating Income	220.08	116.42	324.08	269.78	378.57
Interest Expense	-4	-1.47	-2.22	-5.59	-12.72
Interest & Investment Income	38.34	50.85	59.79	56.71	30.39
Currency Exchange Gain (Loss)	0.17	0.03	0.7	-1	-0.72
Other Non Operating Income (Expenses)	-12.64	5.6	3.06	13.94	-3.22
EBT Excluding Unusual Items	241.95	171.43	385.42	333.85	392.3
Gain (Loss) on Sale of Investments	-	-	-	-	0.22
Gain (Loss) on Sale of Assets	1.35	0.71	5.96	1.51	0.79
Asset Writedown	-	-0.08	-0.1	-	-0.13
Other Unusual Items	55.83	84.31	101.79	149.01	-
Pretax Income	299.13	256.36	493.68	485.55	394.69
Income Tax Expense	44.51	30.31	76	48.79	51.81
Earnings From Continuing Operations	254.62	226.05	417.69	436.77	342.88
Minority Interest in Earnings	-27.54	-7.64	-32.07	-43.86	-48.67
Net Income	227.08	218.4	385.62	392.91	294.21
Net Income to Common	227.08	218.4	385.62	392.91	294.21
Net Income Growth	3.97%	-43.36%	-1.86%	33.55%	-4.94%
Shares Outstanding (Basic)	528	546	528	524	499
Shares Outstanding (Diluted)	528	546	528	524	499
Shares Change (YoY)	-3.28%	3.36%	0.83%	5.06%	1.50%
EPS (Basic)	0.43	0.40	0.73	0.75	0.59
EPS (Diluted)	0.43	0.40	0.73	0.75	0.59
EPS Growth	7.50%	-45.20%	-2.67%	27.12%	-6.35%
Free Cash Flow	551.16	14.63	-142.38	42.8	429.07
Free Cash Flow Per Share	1.04	0.03	-0.27	0.08	0.86
Dividend Per Share	0.380	0.380	0.380	0.350	-
Dividend Growth	-	-	8.57%	-	-
Gross Margin	20.90%	24.83%	29.77%	28.57%	30.03%
Operating Margin	5.79%	4.00%	9.04%	7.18%	10.87%
Profit Margin	5.98%	7.51%	10.76%	10.46%	8.44%
Free Cash Flow Margin	14.51%	0.50%	-3.97%	1.14%	12.31%
EBITDA	288.14	202.67	418.22	367.48	474.42
EBITDA Margin	7.58%	6.97%	11.67%	9.78%	13.62%
D&A For EBITDA	68.06	86.25	94.14	97.69	95.85
EBIT	220.08	116.42	324.08	269.78	378.57
EBIT Margin	5.79%	4.00%	9.04%	7.18%	10.87%
Effective Tax Rate	14.88%	11.82%	15.39%	10.05%	13.13%
Revenue as Reported	3,799	2,907	3,585	3,757	3,484
Advertising Expenses	5.48	8.59	6.12	5.43	6.23

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.