Rayhoo Motor Dies Co.,Ltd. (SHE:002997)

Rayhoo Motor Dies 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	3,233	2,355	1,839	1,153	1,032	945.83
Other Revenue	69.71	69.71	38.02	15.04	12.73	4.04
Revenue	3,303	2,424	1,877	1,168	1,045	949.87
Revenue Growth (YoY)	43.28%	29.16%	60.73%	11.78%	9.98%	-9.80%
Cost of Revenue	2,446	1,821	1,500	909.28	811.69	717.83
Gross Profit	856.88	603.27	377.18	258.51	233.02	232.03
Selling, General & Admin	153.17	142.29	115.45	92.98	87.47	68.23
Research & Development	139.82	119.25	97.47	79.56	60.85	53.07
Other Operating Expenses	8.8	-10.42	-1.18	9.44	5.71	5.28
Operating Expenses	326.68	256.52	224.54	188.69	167.54	142.48
Operating Income	530.2	346.75	152.64	69.82	65.48	89.55
Interest Expense	-6.54	-13.01	-19.67	-11.53	-3.12	-5.35
Interest & Investment Income	76.51	104.49	95.24	57	52.97	22.15
Currency Exchange Gain (Loss)	3.27	3.27	2.02	1.37	-0.95	-1.27
Other Non Operating Income (Expenses)	-9.91	-1.48	-3.04	-1.33	-2.13	-0.82
EBT Excluding Unusual Items	593.54	440.03	227.2	115.32	112.25	104.26
Gain (Loss) on Sale of Investments	0.06	0.7	-0.5	0.44	-0.11	0.46
Gain (Loss) on Sale of Assets	0.17	0.12	-0.19	0.03	-0.04	-0.84
Asset Writedown	-2.26	0.03	0.07	-0.01	-0.09	-0.05
Other Unusual Items	14.79	14.79	4.56	29.15	21.78	18.88
Pretax Income	606.3	455.67	231.13	144.93	133.79	122.7
Income Tax Expense	81.04	52.36	12.16	-0.22	9.6	14.58
Earnings From Continuing Operations	525.26	403.31	218.97	145.15	124.19	108.13
Minority Interest in Earnings	-72.56	-52.99	-16.71	-5.12	-8.96	-4.76
Net Income	452.69	350.32	202.26	140.03	115.23	103.36
Net Income to Common	452.69	350.32	202.26	140.03	115.23	103.36
Net Income Growth	50.64%	73.20%	44.44%	21.52%	11.48%	-23.94%
Shares Outstanding (Basic)	209	206	187	184	183	152
Shares Outstanding (Diluted)	209	206	194	187	183	152
Shares Change (YoY)	0.64%	5.96%	4.17%	2.08%	20.32%	10.73%
EPS (Basic)	2.17	1.70	1.08	0.76	0.63	0.68
EPS (Diluted)	2.17	1.70	1.04	0.75	0.63	0.68
EPS Growth	49.69%	63.46%	38.67%	19.05%	-7.35%	-31.31%
Free Cash Flow	269.69	-58.41	-130.13	-139.96	-51.23	2.88
Free Cash Flow Per Share	1.29	-0.28	-0.67	-0.75	-0.28	0.02
Dividend Per Share	0.450	0.300	0.300	0.300	0.200	0.200
Dividend Growth	50.00%	-	-	50.00%	-	-
Gross Margin	25.94%	24.88%	20.09%	22.14%	22.30%	24.43%
Operating Margin	16.05%	14.30%	8.13%	5.98%	6.27%	9.43%
Profit Margin	13.71%	14.45%	10.78%	11.99%	11.03%	10.88%
Free Cash Flow Margin	8.17%	-2.41%	-6.93%	-11.98%	-4.90%	0.30%
EBITDA	642.23	438.2	216.64	117.32	103.11	120.58
EBITDA Margin	19.45%	18.07%	11.54%	10.05%	9.87%	12.70%
D&A For EBITDA	112.03	91.45	64	47.5	37.63	31.03
EBIT	530.2	346.75	152.64	69.82	65.48	89.55
EBIT Margin	16.05%	14.30%	8.13%	5.98%	6.27%	9.43%
Effective Tax Rate	13.37%	11.49%	5.26%	-	7.17%	11.88%
Revenue as Reported	3,303	2,424	1,877	1,168	1,045	949.87
Advertising Expenses	-	1.06	0.85	-	-	-

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