West Shanghai Automotive Service Co.,Ltd. (SHA:605151)

SHA:605151 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	1,682	1,575	1,240	1,206	1,047	1,146
Other Revenue	44.54	44.54	35.23	36.53	23.48	23.55
Revenue	1,726	1,619	1,276	1,242	1,070	1,170
Revenue Growth (YoY)	35.54%	26.92%	2.71%	16.04%	-8.50%	-4.31%
Cost of Revenue	1,447	1,335	975.14	964.84	830.44	926.76
Gross Profit	279.07	284.02	300.54	277.22	239.95	243.03
Selling, General & Admin	134.83	116.6	104.97	88.18	80.46	78.72
Research & Development	60.66	56.92	46.46	44.3	44.85	18.43
Other Operating Expenses	7.54	5.01	7.95	7.76	9.25	8.73
Operating Expenses	217.31	196	165.91	142.55	134.39	104.44
Operating Income	61.77	88.02	134.63	134.67	105.56	138.59
Interest Expense	-9	-6.64	-1.83	-3.96	-2.98	-1.45
Interest & Investment Income	9.28	11.47	11.9	21.49	12.32	3.84
Currency Exchange Gain (Loss)	-0.01	-0.01	-	-	-	-
Other Non Operating Income (Expenses)	-0.16	-0.13	-0.26	-0.12	-0.53	-0.23
EBT Excluding Unusual Items	61.88	92.72	144.43	152.08	114.37	140.74
Impairment of Goodwill	-4.1	-4.1	-	-	-	-
Gain (Loss) on Sale of Investments	-11.79	-10.65	5.24	4.86	3.55	0.01
Gain (Loss) on Sale of Assets	-0.25	-0.23	1.02	0.8	4.58	0.64
Asset Writedown	0.9	-	-	-0.12	-	-
Other Unusual Items	1.45	1.45	11.78	4.98	9.59	5.05
Pretax Income	48.1	79.19	162.47	162.61	132.09	146.45
Income Tax Expense	27.1	28.54	25.91	25.82	20.51	28.41
Earnings From Continuing Operations	21	50.65	136.56	136.79	111.58	118.04
Minority Interest in Earnings	-17.94	-15.65	-15.78	-21.23	-8.75	-10.58
Net Income	3.06	35.01	120.78	115.56	102.84	107.47
Net Income to Common	3.06	35.01	120.78	115.56	102.84	107.47
Net Income Growth	-97.35%	-71.02%	4.52%	12.37%	-4.31%	12.57%
Shares Outstanding (Basic)	133	135	134	133	134	101
Shares Outstanding (Diluted)	133	135	134	133	134	101
Shares Change (YoY)	-1.26%	0.33%	1.03%	-0.55%	31.73%	0.88%
EPS (Basic)	0.02	0.26	0.90	0.87	0.77	1.06
EPS (Diluted)	0.02	0.26	0.90	0.87	0.77	1.06
EPS Growth	-97.32%	-71.11%	3.45%	12.99%	-27.36%	11.58%
Free Cash Flow	-48.31	-76.22	-51.34	123.63	101.24	174.54
Free Cash Flow Per Share	-0.36	-0.57	-0.38	0.93	0.76	1.72
Dividend Per Share	0.080	0.080	0.290	0.290	0.290	0.290
Dividend Growth	-72.41%	-72.41%	-	-	-	-
Gross Margin	16.17%	17.54%	23.56%	22.32%	22.42%	20.78%
Operating Margin	3.58%	5.44%	10.55%	10.84%	9.86%	11.85%
Profit Margin	0.18%	2.16%	9.47%	9.30%	9.61%	9.19%
Free Cash Flow Margin	-2.80%	-4.71%	-4.03%	9.95%	9.46%	14.92%
EBITDA	108.52	131.48	164.89	164.49	133.66	167.27
EBITDA Margin	6.29%	8.12%	12.93%	13.24%	12.49%	14.30%
D&A For EBITDA	46.76	43.46	30.27	29.82	28.1	28.68
EBIT	61.77	88.02	134.63	134.67	105.56	138.59
EBIT Margin	3.58%	5.44%	10.55%	10.84%	9.86%	11.85%
Effective Tax Rate	56.33%	36.04%	15.95%	15.88%	15.53%	19.40%
Revenue as Reported	1,726	1,619	1,276	1,242	1,070	1,170

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