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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	18,043	16,693	12,906	12,274	12,918	10,244
Other Revenue	129.4	129.4	160.73	136.17	139.72	193.29
Revenue	18,173	16,822	13,066	12,410	13,058	10,437
Revenue Growth (YoY)	33.38%	28.74%	5.29%	-4.96%	25.11%	-2.00%
Cost of Revenue	15,011	13,918	10,673	10,307	11,290	8,717
Gross Profit	3,161	2,904	2,393	2,104	1,768	1,720
Selling, General & Admin	809.14	851.19	774.9	635.35	583.02	518.41
Research & Development	501.21	513.33	457.07	463.75	383.98	305.77
Other Operating Expenses	373.96	328.04	240.02	142.17	136.12	93.46
Operating Expenses	1,753	1,763	1,492	1,460	1,224	1,042
Operating Income	1,408	1,141	901.36	643.2	543.98	678
Interest Expense	-41.48	-42.9	-31.03	-19.21	-25.32	-35.48
Interest & Investment Income	154.06	152.97	127.67	80.51	305.8	108.04
Currency Exchange Gain (Loss)	76.73	76.73	4.44	144.49	-31.48	-94.88
Other Non Operating Income (Expenses)	-6.93	-2.78	12.87	-21.65	-10.28	-2.84
EBT Excluding Unusual Items	1,591	1,325	1,015	827.34	782.7	652.84
Impairment of Goodwill	-14.31	-14.31	-125.16	-221.78	-251.97	-189.46
Gain (Loss) on Sale of Investments	-72.7	-86.31	-14.07	-22.49	-8.41	16.98
Gain (Loss) on Sale of Assets	0.84	1.07	0.94	-4.53	0.56	-2.7
Asset Writedown	-69.41	-52.85	-256.82	-63.32	-116.1	-48.24
Other Unusual Items	133.61	102.72	-61.73	71.83	83.73	113.3
Pretax Income	1,569	1,276	558.46	587.05	490.51	542.71
Income Tax Expense	264.02	219.25	84.24	99.73	122.84	80.48
Earnings From Continuing Operations	1,305	1,056	474.21	487.32	367.67	462.23
Minority Interest in Earnings	65.97	64.89	109.21	39.96	17.13	17.69
Net Income	1,371	1,121	583.42	527.28	384.8	479.92
Net Income to Common	1,371	1,121	583.42	527.28	384.8	479.92
Net Income Growth	108.92%	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)	-2.17%	-2.16%	2.74%	0.13%	-2.94%	0.50%
EPS (Basic)	0.67	0.55	0.28	0.26	0.19	0.23
EPS (Diluted)	0.67	0.55	0.28	0.26	0.19	0.23
EPS Growth	113.56%	96.43%	7.69%	36.84%	-17.39%	-23.33%
Free Cash Flow	2,661	1,448	1,868	619.54	575.81	689.54
Free Cash Flow Per Share	1.31	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	17.40%	17.27%	18.32%	16.95%	13.54%	16.48%
Operating Margin	7.75%	6.78%	6.90%	5.18%	4.17%	6.50%
Profit Margin	7.54%	6.67%	4.46%	4.25%	2.95%	4.60%
Free Cash Flow Margin	14.64%	8.61%	14.29%	4.99%	4.41%	6.61%
EBITDA	1,880	1,607	1,342	1,127	983.76	1,164
EBITDA Margin	10.35%	9.55%	10.27%	9.08%	7.53%	11.15%
D&A For EBITDA	471.75	465.58	440.9	484.16	439.78	486.06
EBIT	1,408	1,141	901.36	643.2	543.98	678
EBIT Margin	7.75%	6.78%	6.90%	5.18%	4.17%	6.50%
Effective Tax Rate	16.83%	17.19%	15.09%	16.99%	25.04%	14.83%
Revenue as Reported	18,173	16,822	13,066	12,410	13,058	10,437

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