Loncin Motor Co., Ltd. (SHA:603766)

Loncin Motor 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	18,784	16,693	12,906	12,274	12,918	10,244
Other Revenue	124.46	129.4	160.73	136.17	139.72	193.29
Revenue	18,908	16,822	13,066	12,410	13,058	10,437
Revenue Growth (YoY)	28.15%	28.74%	5.29%	-4.96%	25.11%	-2.00%
Cost of Revenue	15,579	13,918	10,673	10,307	11,290	8,717
Gross Profit	3,329	2,904	2,393	2,104	1,768	1,720
Selling, General & Admin	750.15	851.19	774.9	635.35	583.02	518.41
Research & Development	459.79	513.33	457.07	463.75	383.98	305.77
Other Operating Expenses	406.45	328.04	240.02	142.17	136.12	93.46
Operating Expenses	1,685	1,763	1,492	1,460	1,224	1,042
Operating Income	1,644	1,141	901.36	643.2	543.98	678
Interest Expense	-40.31	-42.9	-31.03	-19.21	-25.32	-35.48
Interest & Investment Income	152.2	152.97	127.67	80.51	305.8	108.04
Currency Exchange Gain (Loss)	43.46	76.73	4.44	144.49	-31.48	-94.88
Other Non Operating Income (Expenses)	1.33	-2.78	12.87	-21.65	-10.28	-2.84
EBT Excluding Unusual Items	1,801	1,325	1,015	827.34	782.7	652.84
Impairment of Goodwill	-	-14.31	-125.16	-221.78	-251.97	-189.46
Gain (Loss) on Sale of Investments	-60.77	-86.31	-14.07	-22.49	-8.41	16.98
Gain (Loss) on Sale of Assets	2.22	1.07	0.94	-4.53	0.56	-2.7
Asset Writedown	-60.61	-52.85	-256.82	-63.32	-116.1	-48.24
Other Unusual Items	158.23	102.72	-61.73	71.83	83.73	113.3
Pretax Income	1,840	1,276	558.46	587.05	490.51	542.71
Income Tax Expense	293.13	219.25	84.24	99.73	122.84	80.48
Earnings From Continuing Operations	1,547	1,056	474.21	487.32	367.67	462.23
Minority Interest in Earnings	59.33	64.89	109.21	39.96	17.13	17.69
Net Income	1,606	1,121	583.42	527.28	384.8	479.92
Net Income to Common	1,606	1,121	583.42	527.28	384.8	479.92
Net Income Growth	139.32%	92.19%	10.65%	37.03%	-19.82%	-22.95%
Shares Outstanding (Basic)	2,039	2,039	2,084	2,028	2,025	2,087
Shares Outstanding (Diluted)	2,039	2,039	2,084	2,028	2,025	2,087
Shares Change (YoY)	-2.16%	-2.16%	2.74%	0.13%	-2.94%	0.50%
EPS (Basic)	0.79	0.55	0.28	0.26	0.19	0.23
EPS (Diluted)	0.79	0.55	0.28	0.26	0.19	0.23
EPS Growth	144.60%	96.43%	7.69%	36.84%	-17.39%	-23.33%
Free Cash Flow	2,816	1,448	1,868	619.54	575.81	689.54
Free Cash Flow Per Share	1.38	0.71	0.90	0.30	0.28	0.33
Dividend Per Share	0.400	0.400	0.100	0.080	0.060	0.080
Dividend Growth	300.00%	300.00%	25.00%	33.33%	-25.00%	-20.00%
Gross Margin	17.61%	17.27%	18.32%	16.95%	13.54%	16.48%
Operating Margin	8.70%	6.78%	6.90%	5.18%	4.17%	6.50%
Profit Margin	8.49%	6.67%	4.46%	4.25%	2.95%	4.60%
Free Cash Flow Margin	14.89%	8.61%	14.29%	4.99%	4.41%	6.61%
EBITDA	2,048	1,607	1,342	1,127	983.76	1,164
EBITDA Margin	10.83%	9.55%	10.27%	9.08%	7.53%	11.15%
D&A For EBITDA	403.95	465.58	440.9	484.16	439.78	486.06
EBIT	1,644	1,141	901.36	643.2	543.98	678
EBIT Margin	8.70%	6.78%	6.90%	5.18%	4.17%	6.50%
Effective Tax Rate	15.93%	17.19%	15.09%	16.99%	25.04%	14.83%
Revenue as Reported	18,908	16,822	13,066	12,410	13,058	10,437

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