Dajin Heavy Industry 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	5,196	3,727	4,278	4,992	4,358	3,287	Upgrade
Other Revenue	68.97	53.14	47.44	113.69	73.85	38.35	Upgrade
Revenue	5,265	3,780	4,325	5,106	4,432	3,325	Upgrade
Revenue Growth (YoY)	45.43%	-12.61%	-15.30%	15.21%	33.28%	97.08%	Upgrade
Cost of Revenue	3,724	2,652	3,324	4,252	3,412	2,489	Upgrade
Gross Profit	1,540	1,127	1,001	853.92	1,020	836.78	Upgrade
Selling, General & Admin	400.78	315.43	217.35	158.83	130.8	93.49	Upgrade
Research & Development	221	182.01	255.61	215.34	183.37	132.87	Upgrade
Other Operating Expenses	40.88	29.19	30.66	18.46	25.9	16.88	Upgrade
Operating Expenses	727.39	604.06	505.46	410.27	343.82	291.74	Upgrade
Operating Income	812.85	523.34	495.57	443.65	676.13	545.03	Upgrade
Interest Expense	-14.04	-5.63	-13.84	-24.88	-14.71	-	Upgrade
Interest & Investment Income	71.62	58.8	50.04	75.89	9.77	9.44	Upgrade
Currency Exchange Gain (Loss)	111.77	-46.76	-73.72	12.06	-2.3	-5.87	Upgrade
Other Non Operating Income (Expenses)	-8.84	-8.81	-12.2	-10	-4.09	-4.85	Upgrade
EBT Excluding Unusual Items	973.36	520.93	445.86	496.72	664.79	543.75	Upgrade
Gain (Loss) on Sale of Investments	-20.45	-	2.19	-	0.04	2.99	Upgrade
Gain (Loss) on Sale of Assets	5.12	6.69	-0.02	0.64	0.12	0.05	Upgrade
Asset Writedown	-35.17	-35.03	-0.03	-0	-0.05	-1.29	Upgrade
Legal Settlements	-0.51	-0.68	-0.4	-0.38	-0.13	-0.37	Upgrade
Other Unusual Items	31.09	23.84	37.12	26.89	9.59	3.08	Upgrade
Pretax Income	953.44	515.75	484.73	523.86	674.36	548.21	Upgrade
Income Tax Expense	106.92	41.88	59.57	73.59	96.96	83.18	Upgrade
Net Income	846.52	473.87	425.16	450.28	577.4	465.02	Upgrade
Net Income to Common	846.52	473.87	425.16	450.28	577.4	465.02	Upgrade
Net Income Growth	159.38%	11.46%	-5.58%	-22.02%	24.17%	164.75%	Upgrade
Shares Outstanding (Basic)	636	640	635	563	555	554	Upgrade
Shares Outstanding (Diluted)	636	640	635	563	555	554	Upgrade
Shares Change (YoY)	-0.53%	0.92%	12.74%	1.38%	0.29%	-0.28%	Upgrade
EPS (Basic)	1.33	0.74	0.67	0.80	1.04	0.84	Upgrade
EPS (Diluted)	1.33	0.74	0.67	0.80	1.04	0.84	Upgrade
EPS Growth	160.75%	10.45%	-16.25%	-23.08%	23.81%	165.49%	Upgrade
Free Cash Flow	-396.52	238.56	395.34	-573.8	-198.58	-122.55	Upgrade
Free Cash Flow Per Share	-0.62	0.37	0.62	-1.02	-0.36	-0.22	Upgrade
Dividend Per Share	0.166	0.080	0.182	0.028	0.022	0.008	Upgrade
Dividend Growth	-8.79%	-56.04%	550.00%	27.27%	175.00%	-69.23%	Upgrade
Gross Margin	29.26%	29.83%	23.14%	16.72%	23.01%	25.16%	Upgrade
Operating Margin	15.44%	13.85%	11.46%	8.69%	15.26%	16.39%	Upgrade
Profit Margin	16.08%	12.54%	9.83%	8.82%	13.03%	13.98%	Upgrade
Free Cash Flow Margin	-7.53%	6.31%	9.14%	-11.24%	-4.48%	-3.69%	Upgrade
EBITDA	961.39	646.93	580.63	508.19	730.48	582.61	Upgrade
EBITDA Margin	18.26%	17.12%	13.43%	9.95%	16.48%	17.52%	Upgrade
D&A For EBITDA	148.54	123.59	85.06	64.54	54.35	37.58	Upgrade
EBIT	812.85	523.34	495.57	443.65	676.13	545.03	Upgrade
EBIT Margin	15.44%	13.85%	11.46%	8.69%	15.26%	16.39%	Upgrade
Effective Tax Rate	11.21%	8.12%	12.29%	14.05%	14.38%	15.17%	Upgrade
Revenue as Reported	5,265	3,780	4,325	5,106	4,432	3,325	Upgrade
Advertising Expenses	-	2.39	0.91	0.67	0.25	0.07	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.