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 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	33,298	32,386	29,133	26,635	25,373	27,700
Other Revenue	757.62	757.62	930.01	884.4	1,106	1,001
Revenue	34,056	33,144	30,063	27,519	26,480	28,701
Revenue Growth (YoY)	8.90%	10.25%	9.24%	3.92%	-7.74%	10.47%
Cost of Revenue	26,312	25,531	23,190	22,029	21,915	23,593
Gross Profit	7,391	7,260	6,554	5,190	4,279	4,863
Selling, General & Admin	3,343	3,345	3,219	2,744	2,553	2,921
Research & Development	1,388	1,355	1,141	906.67	747.05	641.76
Other Operating Expenses	193.81	134.82	116.77	58.95	-23.97	10.58
Operating Expenses	5,393	5,323	4,759	3,889	3,438	3,646
Operating Income	1,998	1,937	1,795	1,301	840.7	1,216
Interest Expense	-303.75	-313.35	-322.77	-394.43	-225.24	-224.24
Interest & Investment Income	238.97	216.01	253.55	398.76	295.45	372.14
Currency Exchange Gain (Loss)	-56.29	-56.29	-57.9	-27.79	-43.22	-54.48
Other Non Operating Income (Expenses)	-434.44	-222.55	-105.85	-395.62	-221.64	-200.72
EBT Excluding Unusual Items	1,442	1,561	1,562	882.36	646.05	1,109
Impairment of Goodwill	-	-	-	-	-	-0.05
Gain (Loss) on Sale of Investments	-73.57	-59.28	-95.89	6.35	0.03	-
Gain (Loss) on Sale of Assets	7.38	6.1	21.2	180.11	18.44	8.15
Asset Writedown	-4.55	-10.24	-22.35	-11.01	-38.13	-4.52
Other Unusual Items	228.2	196.51	187.12	151.43	163.78	150.66
Pretax Income	1,600	1,694	1,652	1,209	790.17	1,263
Income Tax Expense	205.33	285.16	265.17	267.61	143.3	238.09
Earnings From Continuing Operations	1,394	1,409	1,387	941.63	646.86	1,025
Minority Interest in Earnings	163.85	200.15	-59.79	-73.82	-47.54	-27.76
Net Income	1,558	1,609	1,327	867.81	599.33	997.26
Net Income to Common	1,558	1,609	1,327	867.81	599.33	997.26
Net Income Growth	4.83%	21.26%	52.92%	44.80%	-39.90%	-30.76%
Shares Outstanding (Basic)	2,021	2,017	1,945	1,951	1,938	1,955
Shares Outstanding (Diluted)	2,278	2,275	2,209	2,121	1,954	1,955
Shares Change (YoY)	3.16%	2.98%	4.15%	8.53%	-0.07%	22.18%
EPS (Basic)	0.77	0.80	0.68	0.44	0.31	0.51
EPS (Diluted)	0.68	0.71	0.60	0.41	0.31	0.51
EPS Growth	1.62%	17.76%	46.82%	33.42%	-39.86%	-43.33%
Free Cash Flow	-95.71	290.28	657.83	835.12	243.98	-65.87
Free Cash Flow Per Share	-0.04	0.13	0.30	0.39	0.13	-0.03
Dividend Per Share	0.325	0.325	0.273	0.200	0.100	0.160
Dividend Growth	19.05%	19.05%	36.50%	100.00%	-37.50%	-42.86%
Gross Margin	21.70%	21.91%	21.80%	18.86%	16.16%	16.94%
Operating Margin	5.87%	5.85%	5.97%	4.73%	3.17%	4.24%
Profit Margin	4.58%	4.86%	4.41%	3.15%	2.26%	3.48%
Free Cash Flow Margin	-0.28%	0.88%	2.19%	3.03%	0.92%	-0.23%
EBITDA	-	2,633	2,476	1,955	1,426	1,709
EBITDA Margin	-	7.95%	8.24%	7.10%	5.38%	5.96%
D&A For EBITDA	-	695.97	680.62	653.16	585.13	493.2
EBIT	1,998	1,937	1,795	1,301	840.7	1,216
EBIT Margin	5.87%	5.85%	5.97%	4.73%	3.17%	4.24%
Effective Tax Rate	12.84%	16.83%	16.05%	22.13%	18.14%	18.85%
Revenue as Reported	34,056	33,144	30,063	27,519	26,480	28,701
Advertising Expenses	-	298.22	348.09	229.38	177.78	185.52

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