Zhongshan Broad-Ocean Motor Co., Ltd. (SHE:002249)

SHE:002249 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	12,449	11,964	11,152	10,775	9,771	7,556
Other Revenue	107.94	149.31	136.03	154.67	246.04	220.3
Revenue	12,557	12,113	11,288	10,930	10,017	7,776
Revenue Growth (YoY)	9.34%	7.31%	3.28%	9.11%	28.82%	-4.54%
Cost of Revenue	9,757	9,468	9,078	8,991	8,264	6,144
Gross Profit	2,801	2,646	2,210	1,939	1,753	1,633
Selling, General & Admin	1,292	1,209	1,061	1,081	1,053	968.74
Research & Development	532.33	528.54	488.08	421.84	356.16	339.62
Other Operating Expenses	34.31	-7.73	-2.55	25.97	19.94	8.68
Operating Expenses	1,861	1,725	1,542	1,462	1,485	1,397
Operating Income	939.39	920.43	667.78	476.57	267.89	236.09
Interest Expense	-22.78	-25.11	-24.89	-33.86	-19.31	-39.46
Interest & Investment Income	273.5	246.95	162.84	76.48	109.09	8.14
Currency Exchange Gain (Loss)	64.86	8.22	32.26	77.22	-18.9	-34.36
Other Non Operating Income (Expenses)	-22.97	-21.18	-24.27	-13.35	-12.04	-7.11
EBT Excluding Unusual Items	1,232	1,129	813.73	583.06	326.73	163.31
Impairment of Goodwill	-	-	-	-35.07	-	-83.41
Gain (Loss) on Sale of Investments	62.54	-26.67	11.12	-3.58	-2.03	12.94
Gain (Loss) on Sale of Assets	-0.88	1.33	-6.53	5.32	-0.52	8.15
Asset Writedown	-68.3	-67.94	-34.59	-78.99	-44.49	-38.08
Legal Settlements	-	-	-	-24.31	-0.24	-20.32
Other Unusual Items	26.63	15.08	-1.03	121.28	84.16	77.29
Pretax Income	1,252	1,051	782.7	567.71	363.6	119.88
Income Tax Expense	165.99	139.13	108.15	142.87	94.6	40.46
Earnings From Continuing Operations	1,086	911.99	674.54	424.84	269	79.42
Minority Interest in Earnings	-44.41	-24.44	-44.28	2.25	-18.62	24.04
Net Income	1,042	887.55	630.26	427.09	250.39	103.46
Net Income to Common	1,042	887.55	630.26	427.09	250.39	103.46
Net Income Growth	50.83%	40.82%	47.57%	70.57%	142.01%	92.96%
Shares Outstanding (Basic)	2,424	2,399	2,424	2,373	2,276	2,587
Shares Outstanding (Diluted)	2,424	2,399	2,424	2,373	2,276	2,587
Shares Change (YoY)	1.36%	-1.04%	2.16%	4.24%	-12.00%	-3.52%
EPS (Basic)	0.43	0.37	0.26	0.18	0.11	0.04
EPS (Diluted)	0.43	0.37	0.26	0.18	0.11	0.04
EPS Growth	48.81%	42.31%	44.44%	63.64%	175.00%	100.00%
Free Cash Flow	1,541	2,035	1,462	1,209	476.25	429.85
Free Cash Flow Per Share	0.64	0.85	0.60	0.51	0.21	0.17
Dividend Per Share	0.230	0.190	0.210	0.160	0.170	0.090
Dividend Growth	21.05%	-9.52%	31.25%	-5.88%	88.89%	-
Gross Margin	22.30%	21.84%	19.58%	17.74%	17.50%	21.00%
Operating Margin	7.48%	7.60%	5.92%	4.36%	2.67%	3.04%
Profit Margin	8.29%	7.33%	5.58%	3.91%	2.50%	1.33%
Free Cash Flow Margin	12.27%	16.79%	12.96%	11.06%	4.75%	5.53%
EBITDA	1,262	1,249	992.76	865.44	704.58	650.76
EBITDA Margin	10.05%	10.31%	8.79%	7.92%	7.03%	8.37%
D&A For EBITDA	322.24	328.27	324.98	388.86	436.69	414.67
EBIT	939.39	920.43	667.78	476.57	267.89	236.09
EBIT Margin	7.48%	7.60%	5.92%	4.36%	2.67%	3.04%
Effective Tax Rate	13.26%	13.24%	13.82%	25.17%	26.02%	33.75%
Revenue as Reported	12,557	12,113	11,288	10,930	10,017	7,776
Advertising Expenses	-	8.24	5.55	4.42	3.34	2.16

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