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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,884	2,355	1,839	1,153	1,032	945.83
Other Revenue	81.71	69.71	38.02	15.04	12.73	4.04
Revenue	2,966	2,424	1,877	1,168	1,045	949.87
Revenue Growth (YoY)	38.67%	29.16%	60.73%	11.78%	9.98%	-9.80%
Cost of Revenue	2,208	1,821	1,500	909.28	811.69	717.83
Gross Profit	757.63	603.27	377.18	258.51	233.02	232.03
Selling, General & Admin	149.52	142.29	115.45	92.98	87.47	68.23
Research & Development	128.74	119.25	97.47	79.56	60.85	53.07
Other Operating Expenses	-4.55	-10.42	-1.18	9.44	5.71	5.28
Operating Expenses	292.99	256.52	224.54	188.69	167.54	142.48
Operating Income	464.64	346.75	152.64	69.82	65.48	89.55
Interest Expense	-9.3	-13.01	-19.67	-11.53	-3.12	-5.35
Interest & Investment Income	93.91	104.49	95.24	57	52.97	22.15
Currency Exchange Gain (Loss)	7.17	3.27	2.02	1.37	-0.95	-1.27
Other Non Operating Income (Expenses)	-3.5	-1.48	-3.04	-1.33	-2.13	-0.82
EBT Excluding Unusual Items	552.92	440.03	227.2	115.32	112.25	104.26
Gain (Loss) on Sale of Investments	0.43	0.7	-0.5	0.44	-0.11	0.46
Gain (Loss) on Sale of Assets	0.14	0.12	-0.19	0.03	-0.04	-0.84
Asset Writedown	-3.09	0.03	0.07	-0.01	-0.09	-0.05
Other Unusual Items	4.12	14.79	4.56	29.15	21.78	18.88
Pretax Income	554.53	455.67	231.13	144.93	133.79	122.7
Income Tax Expense	72.17	52.36	12.16	-0.22	9.6	14.58
Earnings From Continuing Operations	482.37	403.31	218.97	145.15	124.19	108.13
Minority Interest in Earnings	-66.82	-52.99	-16.71	-5.12	-8.96	-4.76
Net Income	415.54	350.32	202.26	140.03	115.23	103.36
Net Income to Common	415.54	350.32	202.26	140.03	115.23	103.36
Net Income Growth	51.76%	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)	3.92%	5.96%	4.17%	2.08%	20.32%	10.73%
EPS (Basic)	1.99	1.70	1.08	0.76	0.63	0.68
EPS (Diluted)	1.99	1.70	1.04	0.75	0.63	0.68
EPS Growth	46.04%	63.46%	38.67%	19.05%	-7.35%	-31.31%
Free Cash Flow	239.92	-58.41	-130.13	-139.96	-51.23	2.88
Free Cash Flow Per Share	1.15	-0.28	-0.67	-0.75	-0.28	0.02
Dividend Per Share	0.300	0.300	0.300	0.300	0.200	0.200
Dividend Growth	-	-	-	50.00%	-	-
Gross Margin	25.55%	24.88%	20.09%	22.14%	22.30%	24.43%
Operating Margin	15.67%	14.30%	8.13%	5.98%	6.27%	9.43%
Profit Margin	14.01%	14.45%	10.78%	11.99%	11.03%	10.88%
Free Cash Flow Margin	8.09%	-2.41%	-6.93%	-11.98%	-4.90%	0.30%
EBITDA	569.66	438.2	216.64	117.32	103.11	120.58
EBITDA Margin	19.21%	18.07%	11.54%	10.05%	9.87%	12.70%
D&A For EBITDA	105.02	91.45	64	47.5	37.63	31.03
EBIT	464.64	346.75	152.64	69.82	65.48	89.55
EBIT Margin	15.67%	14.30%	8.13%	5.98%	6.27%	9.43%
Effective Tax Rate	13.01%	11.49%	5.26%	-	7.17%	11.88%
Revenue as Reported	2,966	2,424	1,877	1,168	1,045	949.87
Advertising Expenses	-	1.06	0.85	-	-	-

Updated Oct 17, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.