Guangzhou Ruili Kormee Automotive Electronic Co., Ltd. (SHE:001285)

SHE:001285 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,112	1,940	1,727	1,298	1,346	1,241
Other Revenue	38.52	37.81	33.61	27.32	37.37	30.17
Revenue	2,151	1,977	1,760	1,326	1,383	1,271
Revenue Growth (YoY)	18.34%	12.32%	32.81%	-4.18%	8.87%	76.32%
Cost of Revenue	1,559	1,430	1,281	1,038	1,018	855.24
Gross Profit	592.25	547.21	479.78	288.05	365.95	415.56
Selling, General & Admin	143.24	132.72	120.65	89.77	88.76	76.64
Research & Development	119.45	115.83	96.79	93.73	84.3	70.09
Other Operating Expenses	1.47	-9.13	-10.21	-8.07	-20.15	-13.4
Operating Expenses	274.38	248.46	203.34	189.64	141.44	140.65
Operating Income	317.87	298.75	276.44	98.4	224.51	274.91
Interest Expense	-7.03	-9.16	-15.62	-16.18	-4.82	-2.24
Interest & Investment Income	7.6	3.73	2.77	4.53	4.31	2.57
Currency Exchange Gain (Loss)	-2.29	-2.29	1.23	1.5	-0.42	-1.17
Other Non Operating Income (Expenses)	11.59	-0.51	1.58	-1.28	0.72	-0.6
EBT Excluding Unusual Items	327.74	290.53	266.4	86.97	224.3	273.46
Gain (Loss) on Sale of Investments	-7.45	3.1	-0.07	-	-0.07	-
Gain (Loss) on Sale of Assets	-0.31	-0.07	0.11	-0.84	-0.9	0.09
Asset Writedown	-0.22	-0.4	-2.07	-1.26	-0.67	-0.14
Other Unusual Items	15.18	11.87	3.02	17.58	5.05	10.48
Pretax Income	334.94	305.02	267.39	102.46	227.71	283.89
Income Tax Expense	39.86	30.23	28.08	-2.38	28.38	35.92
Earnings From Continuing Operations	295.08	274.8	239.31	104.84	199.33	247.97
Minority Interest in Earnings	-4.55	-5.68	-3.38	-7.87	-1.82	0.22
Net Income	290.53	269.12	235.93	96.96	197.52	248.19
Net Income to Common	290.53	269.12	235.93	96.96	197.52	248.19
Net Income Growth	25.44%	14.07%	143.32%	-50.91%	-20.42%	20.20%
Shares Outstanding (Basic)	135	135	135	135	117	98
Shares Outstanding (Diluted)	135	135	135	135	117	98
Shares Change (YoY)	0.40%	0.31%	0.11%	15.23%	18.67%	0.17%
EPS (Basic)	2.15	1.99	1.75	0.72	1.69	2.52
EPS (Diluted)	2.15	1.99	1.75	0.72	1.69	2.52
EPS Growth	24.93%	13.71%	143.06%	-57.40%	-32.94%	20.00%
Free Cash Flow	310.3	343.86	111.19	-118.62	325.97	15.84
Free Cash Flow Per Share	2.29	2.54	0.82	-0.88	2.79	0.16
Gross Margin	27.54%	27.67%	27.25%	21.73%	26.45%	32.70%
Operating Margin	14.78%	15.11%	15.70%	7.42%	16.23%	21.63%
Profit Margin	13.51%	13.61%	13.40%	7.32%	14.28%	19.53%
Free Cash Flow Margin	14.43%	17.39%	6.32%	-8.95%	23.56%	1.25%
EBITDA	413.34	367.67	342.75	157.62	273.94	314.06
EBITDA Margin	19.22%	18.59%	19.47%	11.89%	19.80%	24.71%
D&A For EBITDA	95.48	68.91	66.31	59.22	49.43	39.15
EBIT	317.87	298.75	276.44	98.4	224.51	274.91
EBIT Margin	14.78%	15.11%	15.70%	7.42%	16.23%	21.63%
Effective Tax Rate	11.90%	9.91%	10.50%	-	12.46%	12.65%

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