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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	8,171	7,760	8,314	8,181	7,753	8,095
Other Revenue	397.56	316.15	269.29	262.75	304.46	763.92
Revenue	8,569	8,076	8,583	8,443	8,057	8,859
Revenue Growth (YoY)	0.98%	-5.91%	1.66%	4.79%	-9.05%	-3.05%
Cost of Revenue	7,308	6,853	7,267	7,142	6,831	7,518
Gross Profit	1,260	1,223	1,316	1,302	1,226	1,341
Selling, General & Admin	321.82	314.77	338.06	350.72	349.36	375.61
Research & Development	315.18	316.47	327.93	291.71	306.68	266.1
Other Operating Expenses	-9.05	-11.84	24.21	32.32	36.67	38.77
Operating Expenses	643.79	635.69	689.07	684.07	693.94	689.11
Operating Income	616.53	586.85	627.09	617.72	532.15	651.87
Interest Expense	-9.8	-11.28	-18.61	-22.77	-19.47	-28.17
Interest & Investment Income	80.25	65.98	50.87	24.2	29.27	15.5
Currency Exchange Gain (Loss)	4.8	-	10.72	8.11	-6.69	-3.8
Other Non Operating Income (Expenses)	-13.91	-17.26	-2.5	-2.58	-0.8	-0.33
EBT Excluding Unusual Items	677.86	624.28	667.57	624.69	534.46	635.07
Gain (Loss) on Sale of Investments	-	-	-	-8.73	-	-1.57
Gain (Loss) on Sale of Assets	1.65	2.2	1.15	2.18	5.01	8.45
Asset Writedown	-9.61	-9.44	-17.35	-20.98	-38.65	-29.75
Other Unusual Items	-7.43	-10.89	-68.35	20.46	82.33	-3.61
Pretax Income	662.48	606.14	583.02	617.61	583.14	608.58
Income Tax Expense	91.79	65.8	78.64	77.4	46.26	67.87
Earnings From Continuing Operations	570.69	540.34	504.38	540.21	536.88	540.71
Minority Interest in Earnings	-40.25	-40.24	-38.26	-39.25	-38.4	-34.52
Net Income	530.44	500.1	466.12	500.96	498.48	506.2
Net Income to Common	530.44	500.1	466.12	500.96	498.48	506.2
Net Income Growth	12.81%	7.29%	-6.95%	0.50%	-1.52%	31.81%
Shares Outstanding (Basic)	510	510	512	516	514	511
Shares Outstanding (Diluted)	510	510	512	516	514	511
Shares Change (YoY)	-0.25%	-0.38%	-0.82%	0.50%	0.51%	-0.14%
EPS (Basic)	1.04	0.98	0.91	0.97	0.97	0.99
EPS (Diluted)	1.04	0.98	0.91	0.97	0.97	0.99
EPS Growth	13.09%	7.69%	-6.19%	-	-2.02%	32.00%
Free Cash Flow	165.42	565.44	767.4	592.65	561.71	1,516
Free Cash Flow Per Share	0.32	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	14.71%	15.14%	15.33%	15.42%	15.22%	15.14%
Operating Margin	7.20%	7.27%	7.31%	7.32%	6.60%	7.36%
Profit Margin	6.19%	6.19%	5.43%	5.93%	6.19%	5.71%
Free Cash Flow Margin	1.93%	7.00%	8.94%	7.02%	6.97%	17.11%
EBITDA	851.32	830.06	901.16	905.56	846.21	1,009
EBITDA Margin	9.93%	10.28%	10.50%	10.72%	10.50%	11.39%
D&A For EBITDA	234.8	243.21	274.06	287.84	314.07	356.85
EBIT	616.53	586.85	627.09	617.72	532.15	651.87
EBIT Margin	7.20%	7.27%	7.31%	7.32%	6.60%	7.36%
Effective Tax Rate	13.86%	10.86%	13.49%	12.53%	7.93%	11.15%
Revenue as Reported	8,569	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.