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

Yutong Heavy Industries 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	3,510	3,625	2,714	3,457	3,577	3,251
Other Revenue	173.51	173.51	192.94	128.29	179.26	233.05
Revenue	3,684	3,799	2,907	3,585	3,757	3,484
Revenue Growth (YoY)	8.39%	30.67%	-18.92%	-4.56%	7.81%	8.62%
Cost of Revenue	2,891	3,005	2,185	2,518	2,683	2,438
Gross Profit	793.12	793.89	721.78	1,067	1,073	1,046
Selling, General & Admin	388.18	379.72	307.99	484.81	568.85	517.81
Research & Development	145.04	129.03	146.16	159.91	174.86	189.25
Other Operating Expenses	45.73	28.13	26.05	28.36	30.73	-21.45
Operating Expenses	637.5	573.81	605.36	743.36	803.3	667.6
Operating Income	155.62	220.08	116.42	324.08	269.78	378.57
Interest Expense	-2.11	-4	-1.47	-2.22	-5.59	-12.72
Interest & Investment Income	162.15	38.34	50.85	59.79	56.71	30.39
Currency Exchange Gain (Loss)	0.17	0.17	0.03	0.7	-1	-0.72
Other Non Operating Income (Expenses)	-14.73	-12.64	5.6	3.06	13.94	-3.22
EBT Excluding Unusual Items	301.09	241.95	171.43	385.42	333.85	392.3
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.22
Gain (Loss) on Sale of Assets	0.87	1.35	0.71	5.96	1.51	0.79
Asset Writedown	9.18	-	-0.08	-0.1	-	-0.13
Other Unusual Items	66.68	55.83	84.31	101.79	149.01	-
Pretax Income	377.81	299.13	256.36	493.68	485.55	394.69
Income Tax Expense	72.2	44.51	30.31	76	48.79	51.81
Earnings From Continuing Operations	305.61	254.62	226.05	417.69	436.77	342.88
Minority Interest in Earnings	-22.11	-27.54	-7.64	-32.07	-43.86	-48.67
Net Income	283.51	227.08	218.4	385.62	392.91	294.21
Net Income to Common	283.51	227.08	218.4	385.62	392.91	294.21
Net Income Growth	26.42%	3.97%	-43.36%	-1.86%	33.55%	-4.94%
Shares Outstanding (Basic)	526	528	546	528	524	499
Shares Outstanding (Diluted)	526	528	546	528	524	499
Shares Change (YoY)	-2.66%	-3.28%	3.36%	0.83%	5.06%	1.50%
EPS (Basic)	0.54	0.43	0.40	0.73	0.75	0.59
EPS (Diluted)	0.54	0.43	0.40	0.73	0.75	0.59
EPS Growth	29.87%	7.50%	-45.20%	-2.67%	27.12%	-6.35%
Free Cash Flow	75.33	551.16	14.63	-142.38	42.8	429.07
Free Cash Flow Per Share	0.14	1.04	0.03	-0.27	0.08	0.86
Dividend Per Share	0.380	0.380	0.380	0.380	0.350	-
Dividend Growth	-20.83%	-	-	8.57%	-	-
Gross Margin	21.53%	20.90%	24.83%	29.77%	28.57%	30.03%
Operating Margin	4.22%	5.79%	4.00%	9.04%	7.18%	10.87%
Profit Margin	7.70%	5.98%	7.51%	10.76%	10.46%	8.44%
Free Cash Flow Margin	2.04%	14.51%	0.50%	-3.97%	1.14%	12.31%
EBITDA	210.03	288.14	202.67	418.22	367.48	474.42
EBITDA Margin	5.70%	7.58%	6.97%	11.67%	9.78%	13.62%
D&A For EBITDA	54.41	68.06	86.25	94.14	97.69	95.85
EBIT	155.62	220.08	116.42	324.08	269.78	378.57
EBIT Margin	4.22%	5.79%	4.00%	9.04%	7.18%	10.87%
Effective Tax Rate	19.11%	14.88%	11.82%	15.39%	10.05%	13.13%
Revenue as Reported	3,684	3,799	2,907	3,585	3,757	3,484
Advertising Expenses	-	5.48	8.59	6.12	5.43	6.23

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