Shandong Linglong Tyre Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	24,022	21,810	19,865	16,727	18,579	18,116
Other Revenue	247.56	247.56	299.82	278.84	-	267.08
Revenue	24,270	22,058	20,165	17,006	18,579	18,383
Revenue Growth (YoY)	12.44%	9.39%	18.58%	-8.47%	1.07%	7.10%
Cost of Revenue	20,696	17,574	16,449	14,983	15,672	13,845
Gross Profit	3,574	4,484	3,716	2,022	2,907	4,537
Selling, General & Admin	1,541	1,280	1,248	1,095	1,161	1,048
Research & Development	978.1	920.48	814.78	747.93	934.09	763.4
Other Operating Expenses	59.12	44.62	117.95	81.66	99.72	104.71
Operating Expenses	2,573	2,246	2,213	1,916	2,212	1,944
Operating Income	1,001	2,238	1,504	106.57	694.49	2,594
Interest Expense	-294.82	-290.94	-272.19	-166.37	-176.33	-267.78
Interest & Investment Income	153.71	160.02	89.47	52.27	40.2	53.48
Currency Exchange Gain (Loss)	-166.74	-166.74	130.03	73.82	14.96	-155.69
Other Non Operating Income (Expenses)	629.54	-17.86	-17.6	-17.48	-13.58	-13.52
EBT Excluding Unusual Items	1,322	1,923	1,433	48.81	559.73	2,210
Gain (Loss) on Sale of Investments	-3.12	-17.64	11.43	10.78	-3.91	4.68
Gain (Loss) on Sale of Assets	-1.71	-3	-22.26	-10.91	27.14	-10.1
Asset Writedown	-88.95	-	-	-	-	-
Legal Settlements	-1.51	-1.51	-2.74	-11.93	-9.87	4.92
Other Unusual Items	86.73	70.12	109.44	119.88	140.78	99.04
Pretax Income	1,314	1,971	1,529	156.63	713.87	2,311
Income Tax Expense	106.03	218.57	138.65	-135.15	-74.69	90.54
Earnings From Continuing Operations	1,208	1,752	1,391	291.79	788.56	2,220
Minority Interest in Earnings	0.18	0.32	0.07	-0.17	0.16	0.16
Net Income	1,208	1,752	1,391	291.62	788.71	2,220
Net Income to Common	1,208	1,752	1,391	291.62	788.71	2,220
Net Income Growth	-43.63%	26.01%	376.88%	-63.03%	-64.48%	33.13%
Shares Outstanding (Basic)	1,457	1,460	1,464	1,458	1,360	1,220
Shares Outstanding (Diluted)	1,457	1,460	1,464	1,458	1,360	1,254
Shares Change (YoY)	0.23%	-0.24%	0.40%	7.22%	8.40%	3.04%
EPS (Basic)	0.83	1.20	0.95	0.20	0.58	1.82
EPS (Diluted)	0.83	1.20	0.95	0.20	0.58	1.77
EPS Growth	-43.76%	26.32%	375.00%	-65.52%	-67.23%	29.20%
Free Cash Flow	-52.57	-505.42	-1,926	-3,376	-4,399	1,842
Free Cash Flow Per Share	-0.04	-0.35	-1.31	-2.31	-3.23	1.47
Dividend Per Share	0.259	0.367	0.286	0.060	0.160	0.490
Dividend Growth	-59.47%	28.32%	376.67%	-62.50%	-67.35%	13.95%
Gross Margin	14.72%	20.33%	18.43%	11.89%	15.65%	24.68%
Operating Margin	4.12%	10.15%	7.46%	0.63%	3.74%	14.11%
Profit Margin	4.98%	7.94%	6.90%	1.71%	4.25%	12.08%
Free Cash Flow Margin	-0.22%	-2.29%	-9.55%	-19.85%	-23.68%	10.02%
EBITDA	2,732	3,807	2,857	1,357	1,882	3,752
EBITDA Margin	11.25%	17.26%	14.17%	7.98%	10.13%	20.41%
D&A For EBITDA	1,731	1,569	1,353	1,250	1,188	1,158
EBIT	1,001	2,238	1,504	106.57	694.49	2,594
EBIT Margin	4.12%	10.15%	7.46%	0.63%	3.74%	14.11%
Effective Tax Rate	8.07%	11.09%	9.07%	-	-	3.92%
Revenue as Reported	24,270	22,058	20,165	17,006	18,579	18,383
Advertising Expenses	-	136.26	128.98	127.79	194.32	173.72

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