YAPP Automotive Systems Co., Ltd. (SHA:603013)

YAPP Automotive Systems 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	8,703	7,760	8,314	8,181	7,753	8,095
Other Revenue	316.15	316.15	269.29	262.75	304.46	763.92
Revenue	9,019	8,076	8,583	8,443	8,057	8,859
Revenue Growth (YoY)	12.10%	-5.91%	1.66%	4.79%	-9.05%	-3.05%
Cost of Revenue	7,662	6,853	7,267	7,142	6,831	7,518
Gross Profit	1,357	1,223	1,316	1,302	1,226	1,341
Selling, General & Admin	331.83	314.77	338.06	350.72	349.36	375.61
Research & Development	340.31	316.47	327.93	291.71	306.68	266.1
Other Operating Expenses	13.54	-11.84	24.21	32.32	36.67	38.77
Operating Expenses	702.51	635.69	689.07	684.07	693.94	689.11
Operating Income	654.45	586.85	627.09	617.72	532.15	651.87
Interest Expense	-8.96	-11.28	-18.61	-22.77	-19.47	-28.17
Interest & Investment Income	78.06	65.98	50.87	24.2	29.27	15.5
Currency Exchange Gain (Loss)	-	-	10.72	8.11	-6.69	-3.8
Other Non Operating Income (Expenses)	-2.23	-17.26	-2.5	-2.58	-0.8	-0.33
EBT Excluding Unusual Items	721.32	624.28	667.57	624.69	534.46	635.07
Gain (Loss) on Sale of Investments	-0.08	-	-	-8.73	-	-1.57
Gain (Loss) on Sale of Assets	-0.11	2.2	1.15	2.18	5.01	8.45
Asset Writedown	-12.85	-9.44	-17.35	-20.98	-38.65	-29.75
Other Unusual Items	-12.41	-10.89	-68.35	20.46	82.33	-3.61
Pretax Income	695.85	606.14	583.02	617.61	583.14	608.58
Income Tax Expense	103.77	65.8	78.64	77.4	46.26	67.87
Earnings From Continuing Operations	592.09	540.34	504.38	540.21	536.88	540.71
Minority Interest in Earnings	-48.71	-40.24	-38.26	-39.25	-38.4	-34.52
Net Income	543.37	500.1	466.12	500.96	498.48	506.2
Net Income to Common	543.37	500.1	466.12	500.96	498.48	506.2
Net Income Growth	25.81%	7.29%	-6.95%	0.50%	-1.52%	31.81%
Shares Outstanding (Basic)	512	510	512	516	514	511
Shares Outstanding (Diluted)	512	510	512	516	514	511
Shares Change (YoY)	-0.26%	-0.38%	-0.82%	0.50%	0.51%	-0.14%
EPS (Basic)	1.06	0.98	0.91	0.97	0.97	0.99
EPS (Diluted)	1.06	0.98	0.91	0.97	0.97	0.99
EPS Growth	26.13%	7.69%	-6.19%	-	-2.02%	32.00%
Free Cash Flow	319.64	565.44	767.4	592.65	561.71	1,516
Free Cash Flow Per Share	0.62	1.11	1.50	1.15	1.09	2.96
Dividend Per Share	0.400	0.400	0.400	0.500	0.700	0.700
Dividend Growth	-11.11%	-	-20.00%	-28.57%	-	40.00%
Gross Margin	15.05%	15.14%	15.33%	15.42%	15.22%	15.14%
Operating Margin	7.26%	7.27%	7.31%	7.32%	6.60%	7.36%
Profit Margin	6.02%	6.19%	5.43%	5.93%	6.19%	5.71%
Free Cash Flow Margin	3.54%	7.00%	8.94%	7.02%	6.97%	17.11%
EBITDA	874.52	830.06	901.16	905.56	846.21	1,009
EBITDA Margin	9.70%	10.28%	10.50%	10.72%	10.50%	11.39%
D&A For EBITDA	220.07	243.21	274.06	287.84	314.07	356.85
EBIT	654.45	586.85	627.09	617.72	532.15	651.87
EBIT Margin	7.26%	7.27%	7.31%	7.32%	6.60%	7.36%
Effective Tax Rate	14.91%	10.86%	13.49%	12.53%	7.93%	11.15%
Revenue as Reported	9,019	8,076	8,583	8,443	8,057	8,859
Advertising Expenses	-	-	-	0.01	0	0

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