XJ Electric 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	14,850	14,821	17,009	16,975	14,975	11,933
Other Revenue	171.36	171.36	80.24	85.99	54.8	57.24
Revenue	15,022	14,992	17,089	17,061	15,030	11,991
Revenue Growth (YoY)	-9.66%	-12.27%	0.17%	13.51%	25.35%	7.14%
Cost of Revenue	11,658	11,529	13,554	13,997	12,121	9,527
Gross Profit	3,364	3,463	3,536	3,064	2,909	2,463
Selling, General & Admin	1,361	1,363	1,307	1,092	979.39	854.84
Research & Development	791.96	781.18	880.89	812.95	745.78	677.42
Other Operating Expenses	-50.37	-59.76	-141.21	-26.26	37.98	30.17
Operating Expenses	2,106	2,088	2,209	1,946	1,838	1,544
Operating Income	1,258	1,375	1,326	1,118	1,072	918.93
Interest Expense	-11.82	-11.69	-8.58	-3.52	-30.64	-31.88
Interest & Investment Income	81.14	74.96	98.6	119.97	50.69	24.06
Currency Exchange Gain (Loss)	-0.13	-0.13	0.26	0	0.06	0.01
Other Non Operating Income (Expenses)	3.88	10.35	-24.53	-28.36	9.32	-3.69
EBT Excluding Unusual Items	1,331	1,448	1,392	1,206	1,101	907.42
Gain (Loss) on Sale of Investments	-0.78	-0.78	-	-	-3.64	-
Gain (Loss) on Sale of Assets	1.75	1.79	0.96	2.35	1.02	7.7
Asset Writedown	-6.87	-7.88	-8.99	-2.72	-6.38	-14.14
Legal Settlements	-10.92	-10.92	-11.16	-3.86	-1.98	-3.69
Other Unusual Items	49.9	49.9	40.98	33.61	22.49	64
Pretax Income	1,364	1,480	1,414	1,235	1,113	961.3
Income Tax Expense	162.4	168.54	121.5	49.25	117.21	104.17
Earnings From Continuing Operations	1,202	1,312	1,292	1,186	995.4	857.13
Minority Interest in Earnings	-131.42	-144.64	-175.25	-180.63	-210.14	-132.76
Net Income	1,071	1,167	1,117	1,005	785.26	724.37
Net Income to Common	1,071	1,167	1,117	1,005	785.26	724.37
Net Income Growth	-1.53%	4.50%	11.09%	28.03%	8.41%	1.18%
Shares Outstanding (Basic)	1,012	1,012	1,014	1,008	1,043	1,008
Shares Outstanding (Diluted)	1,012	1,013	1,014	1,009	1,043	1,008
Shares Change (YoY)	-0.20%	-0.10%	0.43%	-3.22%	3.44%	0.01%
EPS (Basic)	1.06	1.15	1.10	1.00	0.75	0.72
EPS (Diluted)	1.06	1.15	1.10	1.00	0.75	0.72
EPS Growth	-1.33%	4.61%	10.62%	32.29%	4.80%	1.17%
Free Cash Flow	2,071	2,422	908.85	2,536	1,629	1,155
Free Cash Flow Per Share	2.05	2.39	0.90	2.51	1.56	1.15
Dividend Per Share	0.559	0.559	0.419	0.296	0.140	0.100
Dividend Growth	33.41%	33.41%	41.55%	111.43%	40.00%	-
Gross Margin	22.39%	23.10%	20.69%	17.96%	19.36%	20.54%
Operating Margin	8.38%	9.17%	7.76%	6.55%	7.13%	7.66%
Profit Margin	7.13%	7.79%	6.54%	5.89%	5.22%	6.04%
Free Cash Flow Margin	13.79%	16.16%	5.32%	14.86%	10.84%	9.63%
EBITDA	1,550	1,671	1,643	1,422	1,359	1,190
EBITDA Margin	10.32%	11.15%	9.61%	8.33%	9.04%	9.92%
D&A For EBITDA	291.66	296.67	316.68	303.79	287.42	270.91
EBIT	1,258	1,375	1,326	1,118	1,072	918.93
EBIT Margin	8.38%	9.17%	7.76%	6.55%	7.13%	7.66%
Effective Tax Rate	11.90%	11.39%	8.60%	3.99%	10.53%	10.84%
Revenue as Reported	15,022	14,992	17,089	17,061	15,030	11,991
Advertising Expenses	-	12.13	10.74	9.31	5.25	6.08

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