Jiangsu Maixinlin Aviation Science and Technology Corp. (SHA:688685)

SHA:688685 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	591.76	473.58	289.38	315.64	302.63	273.14
Other Revenue	3.18	3.18	4.29	8.37	18.09	15.49
Revenue	594.94	476.77	293.67	324.01	320.72	288.63
Revenue Growth (YoY)	99.80%	62.35%	-9.37%	1.03%	11.12%	15.84%
Cost of Revenue	311.33	289.93	214.03	222.44	220.18	187.99
Gross Profit	283.61	186.83	79.63	101.57	100.54	100.65
Selling, General & Admin	78.37	60.74	42.5	38.85	32.59	26.37
Research & Development	33.98	30.12	25.29	20.51	16.45	16.49
Other Operating Expenses	-1.59	3.68	1.69	2.6	1.39	0.69
Operating Expenses	134.26	115.04	69.33	63.33	48.44	48.52
Operating Income	149.34	71.79	10.31	38.23	52.1	52.12
Interest Expense	-21.99	-17.15	-0.52	-1.28	-2.24	-1.79
Interest & Investment Income	0.63	0.53	2.18	3.75	2.33	0.32
Currency Exchange Gain (Loss)	-1.67	-1.67	-0	-0.32	-1.61	0.13
Other Non Operating Income (Expenses)	-8.89	-10.54	-0.34	-0.14	-0.11	0.02
EBT Excluding Unusual Items	117.43	42.95	11.63	40.25	50.47	50.8
Gain (Loss) on Sale of Investments	-3.21	-3.22	-2.06	-	-	-0.12
Gain (Loss) on Sale of Assets	-0.83	-0.61	0.42	0.07	0.32	-1.32
Asset Writedown	-0.03	-	-	-	-	-
Other Unusual Items	30.04	30.04	6.81	8.75	10.22	10.83
Pretax Income	143.4	69.16	16.81	49.06	61.01	60.19
Income Tax Expense	31.84	11.11	0.53	6.19	7.19	6.86
Earnings From Continuing Operations	111.56	58.05	16.28	42.87	53.81	53.33
Minority Interest in Earnings	-33.5	-12.51	-1.03	-0.39	-2.85	-2.13
Net Income	78.06	45.54	15.25	42.47	50.96	51.2
Net Income to Common	78.06	45.54	15.25	42.47	50.96	51.2
Net Income Growth	392.12%	198.73%	-64.11%	-16.66%	-0.46%	21.42%
Shares Outstanding (Basic)	143	147	152	145	130	109
Shares Outstanding (Diluted)	143	147	152	145	130	109
Shares Change (YoY)	-9.46%	-3.64%	4.92%	11.86%	19.05%	10.45%
EPS (Basic)	0.55	0.31	0.10	0.29	0.39	0.47
EPS (Diluted)	0.55	0.31	0.10	0.29	0.39	0.47
EPS Growth	443.53%	210.00%	-65.79%	-25.49%	-16.39%	10.90%
Free Cash Flow	-673.17	-830.07	-149.52	-14.18	80.26	-20.72
Free Cash Flow Per Share	-4.70	-5.65	-0.98	-0.10	0.62	-0.19
Dividend Per Share	0.157	0.157	0.077	0.231	-	-
Dividend Growth	103.90%	103.90%	-66.64%	-	-	-
Gross Margin	47.67%	39.19%	27.12%	31.35%	31.35%	34.87%
Operating Margin	25.10%	15.06%	3.51%	11.80%	16.24%	18.06%
Profit Margin	13.12%	9.55%	5.19%	13.11%	15.89%	17.74%
Free Cash Flow Margin	-113.15%	-174.10%	-50.91%	-4.38%	25.02%	-7.18%
EBITDA	200.02	118.6	41.68	68.45	76.92	67.88
EBITDA Margin	33.62%	24.88%	14.19%	21.13%	23.98%	23.52%
D&A For EBITDA	50.68	46.82	31.38	30.21	24.82	15.76
EBIT	149.34	71.79	10.31	38.23	52.1	52.12
EBIT Margin	25.10%	15.06%	3.51%	11.80%	16.24%	18.06%
Effective Tax Rate	22.20%	16.06%	3.16%	12.62%	11.79%	11.39%
Revenue as Reported	594.94	476.77	293.67	324.01	320.72	288.63

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