Zhuhai CosMX Battery 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	Mar '26 Mar 31, 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	14,887	13,750	11,182	11,028	10,462	9,967
Other Revenue	660.05	660.05	358.73	417.76	512.55	372.79
Revenue	15,547	14,410	11,541	11,446	10,974	10,340
Revenue Growth (YoY)	35.31%	24.86%	0.83%	4.29%	6.14%	48.47%
Cost of Revenue	12,018	11,114	8,810	8,832	9,433	7,942
Gross Profit	3,529	3,296	2,731	2,613	1,541	2,398
Selling, General & Admin	1,383	1,297	1,221	1,312	829.85	671.73
Research & Development	1,972	1,858	1,458	1,150	772.4	623.37
Other Operating Expenses	25.61	33.92	-9.61	81.08	-31.82	31.95
Operating Expenses	3,383	3,190	2,671	2,542	1,575	1,327
Operating Income	146.3	105.69	60.28	71.08	-33.75	1,071
Interest Expense	-188.85	-188.85	-222.9	-225.13	-86.17	-30.59
Interest & Investment Income	57.02	57.02	116.58	117.77	48.49	38.18
Currency Exchange Gain (Loss)	-26.39	-26.39	108.61	67.05	35.1	-40.83
Other Non Operating Income (Expenses)	-121.02	-18.54	-12.81	-17.19	27.26	-14.31
EBT Excluding Unusual Items	-132.94	-71.07	49.78	13.57	-9.06	1,024
Merger & Restructuring Charges	-	-	-	-21.38	-	-
Gain (Loss) on Sale of Investments	22.23	-9.33	1.6	-1.06	-78.06	-2.49
Gain (Loss) on Sale of Assets	0.55	0.2	-18.81	2.04	-0.5	-7.43
Asset Writedown	10.54	-1.98	-12.64	-66.94	-41.77	-49.7
Other Unusual Items	189.88	189.88	89.83	133.8	23.49	60.17
Pretax Income	90.27	107.7	109.76	60.02	-105.91	1,024
Income Tax Expense	-280.83	-285.98	-177.71	-136.95	-164.03	79.15
Earnings From Continuing Operations	371.09	393.68	287.46	196.97	58.12	945.15
Minority Interest in Earnings	39.54	77.97	142.89	147.22	32.82	0.68
Net Income	410.64	471.66	430.35	344.19	90.95	945.83
Net Income to Common	410.64	471.66	430.35	344.19	90.95	945.83
Net Income Growth	3.52%	9.60%	25.03%	278.45%	-90.38%	15.76%
Shares Outstanding (Basic)	1,091	1,123	1,133	1,110	1,137	996
Shares Outstanding (Diluted)	1,091	1,123	1,133	1,147	1,137	996
Shares Change (YoY)	-7.41%	-0.84%	-1.29%	0.92%	14.19%	3.58%
EPS (Basic)	0.38	0.42	0.38	0.31	0.08	0.95
EPS (Diluted)	0.38	0.42	0.38	0.30	0.08	0.95
EPS Growth	11.81%	10.53%	26.67%	275.00%	-91.58%	11.77%
Free Cash Flow	-1,914	-2,023	-578.66	-693.78	-1,370	-1,727
Free Cash Flow Per Share	-1.75	-1.80	-0.51	-0.60	-1.21	-1.74
Dividend Per Share	0.300	0.300	0.300	0.270	0.090	0.180
Dividend Growth	-	-	11.11%	200.00%	-50.00%	-
Gross Margin	22.70%	22.87%	23.66%	22.83%	14.04%	23.19%
Operating Margin	0.94%	0.73%	0.52%	0.62%	-0.31%	10.36%
Profit Margin	2.64%	3.27%	3.73%	3.01%	0.83%	9.15%
Free Cash Flow Margin	-12.31%	-14.04%	-5.01%	-6.06%	-12.48%	-16.71%
EBITDA	2,054	1,992	1,862	1,564	1,080	1,812
EBITDA Margin	13.21%	13.83%	16.13%	13.67%	9.84%	17.52%
D&A For EBITDA	1,908	1,887	1,801	1,493	1,114	740.45
EBIT	146.3	105.69	60.28	71.08	-33.75	1,071
EBIT Margin	0.94%	0.73%	0.52%	0.62%	-0.31%	10.36%
Effective Tax Rate	-	-	-	-	-	7.73%
Revenue as Reported	14,410	14,410	11,541	11,446	10,974	10,340

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