Zhuhai CosMX Battery Co., Ltd. (SHA:688772)

Zhuhai CosMX Battery Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	11,182	11,028	10,462	9,967	6,749
Other Revenue	358.73	417.76	512.55	372.79	215.56
Revenue	11,541	11,446	10,974	10,340	6,964
Revenue Growth (YoY)	0.83%	4.29%	6.14%	48.47%	30.63%
Cost of Revenue	8,810	8,832	9,433	7,942	4,892
Gross Profit	2,731	2,613	1,541	2,398	2,072
Selling, General & Admin	1,221	1,312	829.85	671.73	476.49
Research & Development	1,458	1,150	772.4	623.37	405.78
Other Operating Expenses	-9.61	81.08	-31.82	31.95	43.59
Operating Expenses	2,671	2,542	1,575	1,327	940.58
Operating Income	60.28	71.08	-33.75	1,071	1,132
Interest Expense	-222.9	-225.13	-86.17	-30.59	-54.3
Interest & Investment Income	116.58	117.77	48.49	38.18	27.42
Currency Exchange Gain (Loss)	108.61	67.05	35.1	-40.83	-148.22
Other Non Operating Income (Expenses)	-12.81	-17.19	27.26	-14.31	-8.66
EBT Excluding Unusual Items	49.78	13.57	-9.06	1,024	947.77
Merger & Restructuring Charges	-	-21.38	-	-	-
Gain (Loss) on Sale of Investments	1.6	-1.06	-78.06	-2.49	-0.36
Gain (Loss) on Sale of Assets	-18.3	2.04	-0.5	-7.43	-11.14
Asset Writedown	-13.15	-66.94	-41.77	-49.7	-21.06
Other Unusual Items	89.83	133.8	23.49	60.17	20.12
Pretax Income	109.76	60.02	-105.91	1,024	935.33
Income Tax Expense	-177.71	-136.95	-164.03	79.15	118.52
Earnings From Continuing Operations	287.46	196.97	58.12	945.15	816.81
Minority Interest in Earnings	142.89	147.22	32.82	0.68	0.22
Net Income	430.35	344.19	90.95	945.83	817.03
Net Income to Common	430.35	344.19	90.95	945.83	817.03
Net Income Growth	25.03%	278.45%	-90.38%	15.76%	89.87%
Shares Outstanding (Basic)	1,133	1,110	1,137	996	961
Shares Outstanding (Diluted)	1,133	1,147	1,137	996	961
Shares Change (YoY)	-1.29%	0.92%	14.19%	3.58%	9.45%
EPS (Basic)	0.38	0.31	0.08	0.95	0.85
EPS (Diluted)	0.38	0.30	0.08	0.95	0.85
EPS Growth	26.67%	275.00%	-91.58%	11.77%	73.47%
Free Cash Flow	-578.66	-693.78	-1,370	-1,727	217.4
Free Cash Flow Per Share	-0.51	-0.60	-1.21	-1.74	0.23
Dividend Per Share	0.300	0.270	0.090	0.180	-
Dividend Growth	11.11%	200.00%	-50.00%	-	-
Gross Margin	23.66%	22.83%	14.04%	23.19%	29.75%
Operating Margin	0.52%	0.62%	-0.31%	10.36%	16.25%
Profit Margin	3.73%	3.01%	0.83%	9.15%	11.73%
Free Cash Flow Margin	-5.01%	-6.06%	-12.48%	-16.71%	3.12%
EBITDA	1,846	1,564	1,080	1,812	1,553
EBITDA Margin	16.00%	13.67%	9.84%	17.52%	22.30%
D&A For EBITDA	1,786	1,493	1,114	740.45	421.43
EBIT	60.28	71.08	-33.75	1,071	1,132
EBIT Margin	0.52%	0.62%	-0.31%	10.36%	16.25%
Effective Tax Rate	-	-	-	7.73%	12.67%
Revenue as Reported	11,541	11,446	10,974	10,340	6,964

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