Gem-Year Industrial Co.,Ltd. (SHA:601002)

Gem-Year Industrial 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	2,405	2,253	2,192	2,515	2,578	2,283
Other Revenue	116.95	116.95	121.72	201.75	296.03	239.33
Revenue	2,522	2,370	2,314	2,717	2,874	2,522
Revenue Growth (YoY)	12.01%	2.40%	-14.83%	-5.45%	13.96%	-14.43%
Cost of Revenue	1,946	1,904	2,092	2,273	2,322	2,046
Gross Profit	576.43	465.85	222.48	444.21	552.13	476.09
Selling, General & Admin	167.99	155.3	140.67	174.28	178.28	189.73
Research & Development	114.53	106.04	113.08	126.71	124.61	121.66
Other Operating Expenses	12.15	9.7	6.5	12.76	15.78	16.94
Operating Expenses	306.89	284.33	263.32	378.84	324.59	323.53
Operating Income	269.54	181.52	-40.83	65.37	227.54	152.55
Interest Expense	-2.21	-3.47	-8.14	-6.15	-0.44	-14.26
Interest & Investment Income	21.87	15.95	14.65	2.48	29.72	407.77
Currency Exchange Gain (Loss)	5.61	5.61	-0.66	13.52	-4.46	-5.48
Other Non Operating Income (Expenses)	-1.29	-0.91	-0.82	-1.25	-1.56	-1.48
EBT Excluding Unusual Items	293.51	198.69	-35.8	73.98	250.8	539.1
Gain (Loss) on Sale of Assets	0.18	-0	-6.66	-1.81	-9.22	-9.05
Asset Writedown	-9.17	-5.01	-2.47	-4.17	5.25	-3.08
Other Unusual Items	4.58	4.6	3.61	13.75	10.3	26.12
Pretax Income	289.1	198.27	-41.32	81.74	257.14	553.1
Income Tax Expense	79.73	66.98	-21.46	-33.37	41.54	47.75
Earnings From Continuing Operations	209.38	131.3	-19.86	115.11	215.59	505.35
Net Income to Company	209.38	131.3	-19.86	115.11	215.59	505.35
Minority Interest in Earnings	-1.07	-1.16	0.57	-0.25	-0.48	-2.97
Net Income	208.31	130.14	-19.29	114.86	215.11	502.38
Net Income to Common	208.31	130.14	-19.29	114.86	215.11	502.38
Net Income Growth	-	-	-	-46.60%	-57.18%	262.72%
Shares Outstanding (Basic)	935	930	964	957	978	897
Shares Outstanding (Diluted)	935	930	964	957	978	897
Shares Change (YoY)	-2.53%	-3.60%	0.74%	-2.10%	8.99%	10.11%
EPS (Basic)	0.22	0.14	-0.02	0.12	0.22	0.56
EPS (Diluted)	0.22	0.14	-0.02	0.12	0.22	0.56
EPS Growth	-	-	-	-45.45%	-60.71%	229.41%
Free Cash Flow	477.8	588.41	327.83	-496.74	-304.81	358.67
Free Cash Flow Per Share	0.51	0.63	0.34	-0.52	-0.31	0.40
Dividend Per Share	0.100	0.100	0.100	0.100	-	0.050
Gross Margin	22.86%	19.66%	9.61%	16.35%	19.21%	18.88%
Operating Margin	10.69%	7.66%	-1.76%	2.41%	7.92%	6.05%
Profit Margin	8.26%	5.49%	-0.83%	4.23%	7.49%	19.92%
Free Cash Flow Margin	18.95%	24.83%	14.17%	-18.28%	-10.61%	14.22%
EBITDA	428.06	342.64	130.65	202.47	350.42	293.15
EBITDA Margin	16.97%	14.46%	5.64%	7.45%	12.19%	11.62%
D&A For EBITDA	158.53	161.12	171.48	137.1	122.88	140.6
EBIT	269.54	181.52	-40.83	65.37	227.54	152.55
EBIT Margin	10.69%	7.66%	-1.76%	2.41%	7.92%	6.05%
Effective Tax Rate	27.58%	33.78%	-	-	16.16%	8.63%
Revenue as Reported	2,522	2,370	2,314	2,717	2,874	2,522

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.