Loncin Motor Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	19,283	18,979	16,693	12,906	12,274	12,918
Other Revenue	156.46	156.46	129.4	160.73	136.17	139.72
Revenue	19,440	19,135	16,822	13,066	12,410	13,058
Revenue Growth	1.46%	13.75%	28.74%	5.29%	-4.96%	25.11%
Cost of Revenue	15,725	15,591	13,918	10,673	10,307	11,290
Gross Profit	3,715	3,544	2,904	2,393	2,104	1,768
Selling, General & Admin	931.08	936.96	851.19	774.9	635.35	583.02
Research & Development	467.14	468.56	513.33	457.07	463.75	383.98
Other Operating Expenses	513.45	403.58	328.04	240.02	142.17	136.12
Operating Expenses	1,919	1,818	1,763	1,492	1,460	1,224
Operating Income	1,796	1,726	1,141	901.36	643.2	543.98
Interest Expense	-13.45	-34.64	-42.9	-31.03	-19.21	-25.32
Interest & Investment Income	209.73	177.83	152.97	127.67	80.51	305.8
Currency Exchange Gain (Loss)	-14.33	-14.33	76.73	4.44	144.49	-31.48
Other Non Operating Income (Expenses)	-110.64	-1.09	-2.78	12.87	-21.65	-10.28
EBT Excluding Unusual Items	1,867	1,854	1,325	1,015	827.34	782.7
Impairment of Goodwill	-	-	-14.31	-125.16	-221.78	-251.97
Gain (Loss) on Sale of Investments	-31.83	-31.83	-86.31	-14.07	-22.49	-8.41
Gain (Loss) on Sale of Assets	2.63	4.43	1.07	0.94	-4.53	0.56
Asset Writedown	-6.51	33.53	-52.85	-256.82	-63.32	-116.1
Other Unusual Items	75.95	67.64	102.72	-61.73	71.83	83.73
Pretax Income	1,907	1,928	1,276	558.46	587.05	490.51
Income Tax Expense	291.34	295.31	219.25	84.24	99.73	122.84
Earnings From Continuing Operations	1,616	1,632	1,056	474.21	487.32	367.67
Minority Interest in Earnings	-1.82	15.47	64.89	109.21	39.96	17.13
Net Income	1,614	1,648	1,121	583.42	527.28	384.8
Net Income to Common	1,614	1,648	1,121	583.42	527.28	384.8
Net Income Growth	-10.30%	46.95%	92.19%	10.65%	37.03%	-19.82%
Shares Outstanding (Basic)	2,040	2,060	2,039	2,084	2,028	2,025
Shares Outstanding (Diluted)	2,040	2,060	2,039	2,084	2,028	2,025
Shares Change	0.04%	1.03%	-2.16%	2.74%	0.13%	-2.94%
EPS (Basic)	0.79	0.80	0.55	0.28	0.26	0.19
EPS (Diluted)	0.79	0.80	0.55	0.28	0.26	0.19
EPS Growth	-10.34%	45.45%	96.43%	7.69%	36.84%	-17.39%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	1,623	2,546	1,448	1,868	619.54	575.81
Free Cash Flow Per Share	0.80	1.24	0.71	0.90	0.30	0.28
Dividend Per Share	0.500	0.700	0.400	0.100	0.080	0.060
Dividend Growth	-16.67%	75.00%	300.00%	25.00%	33.33%	-25.00%
Gross Margin	19.11%	18.52%	17.27%	18.32%	16.95%	13.54%
Operating Margin	9.24%	9.02%	6.78%	6.90%	5.18%	4.17%
Profit Margin	8.30%	8.61%	6.67%	4.46%	4.25%	2.95%
Free Cash Flow Margin	8.35%	13.31%	8.61%	14.29%	4.99%	4.41%
EBITDA	2,260	2,208	1,646	1,342	1,127	983.76
EBITDA Margin	11.63%	11.54%	9.78%	10.27%	9.08%	7.53%
D&A For EBITDA	464.34	481.49	504.36	440.9	484.16	439.78
EBIT	1,796	1,726	1,141	901.36	643.2	543.98
EBIT Margin	9.24%	9.02%	6.78%	6.90%	5.18%	4.17%
Effective Tax Rate	15.28%	15.32%	17.19%	15.09%	16.99%	25.04%
Revenue as Reported	19,440	19,135	16,822	13,066	12,410	13,058