Guangxi Liugong Machinery Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	32,037	29,133	26,635	25,373	27,700	24,920
Other Revenue	930.01	930.01	884.4	1,106	1,001	1,059
Revenue	32,967	30,063	27,519	26,480	28,701	25,979
Revenue Growth (YoY)	12.66%	9.24%	3.92%	-7.74%	10.47%	35.47%
Cost of Revenue	25,434	23,190	22,029	21,915	23,593	20,211
Gross Profit	7,213	6,554	5,190	4,279	4,863	5,438
Selling, General & Admin	3,472	3,219	2,744	2,553	2,921	2,816
Research & Development	1,313	1,141	906.67	747.05	641.76	656.03
Other Operating Expenses	130.53	97.29	58.95	-23.97	10.58	12
Operating Expenses	5,557	4,787	3,889	3,438	3,646	3,587
Operating Income	1,656	1,767	1,301	840.7	1,216	1,851
Interest Expense	-302.63	-322.77	-394.43	-225.24	-224.24	-254.76
Interest & Investment Income	220.44	253.55	398.76	295.45	372.14	302.74
Currency Exchange Gain (Loss)	-57.9	-57.9	-27.79	-43.22	-54.48	-150.52
Other Non Operating Income (Expenses)	2.29	-56.75	-395.62	-221.64	-200.72	-226.94
EBT Excluding Unusual Items	1,519	1,583	882.36	646.05	1,109	1,522
Impairment of Goodwill	-	-	-	-	-0.05	-4.29
Gain (Loss) on Sale of Investments	-97.22	-95.89	6.35	0.03	-	0.61
Gain (Loss) on Sale of Assets	11.72	21.2	180.11	18.44	8.15	5.85
Asset Writedown	22.06	-22.35	-11.01	-38.13	-4.52	-12.22
Other Unusual Items	166.12	166.12	151.43	163.78	150.66	272.12
Pretax Income	1,621	1,652	1,209	790.17	1,263	1,784
Income Tax Expense	322.87	265.17	267.61	143.3	238.09	293.54
Earnings From Continuing Operations	1,298	1,387	941.63	646.86	1,025	1,490
Minority Interest in Earnings	165.62	-59.79	-73.82	-47.54	-27.76	-49.93
Net Income	1,464	1,327	867.81	599.33	997.26	1,440
Net Income to Common	1,464	1,327	867.81	599.33	997.26	1,440
Net Income Growth	7.48%	52.92%	44.80%	-39.90%	-30.76%	41.59%
Shares Outstanding (Basic)	1,995	1,945	1,951	1,938	1,955	1,600
Shares Outstanding (Diluted)	2,223	2,209	2,121	1,954	1,955	1,600
Shares Change (YoY)	-1.45%	4.15%	8.53%	-0.07%	22.18%	8.56%
EPS (Basic)	0.73	0.68	0.44	0.31	0.51	0.90
EPS (Diluted)	0.66	0.60	0.41	0.31	0.51	0.90
EPS Growth	9.06%	46.82%	33.42%	-39.86%	-43.33%	30.44%
Free Cash Flow	453.2	657.83	835.12	243.98	-65.87	1,692
Free Cash Flow Per Share	0.20	0.30	0.39	0.13	-0.03	1.06
Dividend Per Share	0.273	0.273	0.200	0.100	0.160	0.280
Dividend Growth	36.50%	36.50%	100.00%	-37.50%	-42.86%	86.67%
Gross Margin	21.88%	21.80%	18.86%	16.16%	16.94%	20.93%
Operating Margin	5.02%	5.88%	4.73%	3.17%	4.24%	7.13%
Profit Margin	4.44%	4.41%	3.15%	2.26%	3.48%	5.54%
Free Cash Flow Margin	1.38%	2.19%	3.03%	0.92%	-0.23%	6.51%
EBITDA	2,311	2,421	1,955	1,426	1,709	2,297
EBITDA Margin	7.01%	8.05%	7.10%	5.38%	5.96%	8.84%
D&A For EBITDA	654.84	654.12	653.16	585.13	493.2	445.35
EBIT	1,656	1,767	1,301	840.7	1,216	1,851
EBIT Margin	5.02%	5.88%	4.73%	3.17%	4.24%	7.13%
Effective Tax Rate	19.91%	16.05%	22.13%	18.14%	18.85%	16.46%
Revenue as Reported	32,967	30,063	27,519	26,480	28,701	25,979
Advertising Expenses	-	348.09	229.38	177.78	185.52	129.1

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