Fuxin Dare Automotive Parts Co., Ltd. (SHE:300473)

SHE:300473 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	4,752	4,493	4,273	4,001	3,633	3,362
Other Revenue	20.9	20.9	26.22	34.35	31.03	23.9
Revenue	4,773	4,513	4,299	4,035	3,664	3,386
Revenue Growth (YoY)	7.09%	4.98%	6.54%	10.14%	8.20%	-12.30%
Cost of Revenue	3,902	3,649	3,470	3,398	2,885	2,651
Gross Profit	870.83	864.96	829.45	637.51	778.63	734.89
Selling, General & Admin	507.85	576.67	560.25	545.39	502.64	472.61
Research & Development	181.48	181.01	184.97	207.67	180.77	169.83
Other Operating Expenses	6.17	9.19	4.53	13.61	13.48	16.45
Operating Expenses	691.03	763.53	751.05	764.98	699.88	665.25
Operating Income	179.79	101.43	78.39	-127.47	78.74	69.64
Interest Expense	-47.05	-61.78	-80.42	-73.15	-76.15	-89.52
Interest & Investment Income	2.92	5.73	6.39	3.14	2.74	2.19
Currency Exchange Gain (Loss)	0.48	0.48	-3.89	-0.77	12.7	-23.79
Other Non Operating Income (Expenses)	-15.48	-2.35	-0.52	-0.94	-2.06	-2.77
EBT Excluding Unusual Items	120.67	43.51	-0.05	-199.19	15.97	-44.27
Impairment of Goodwill	-	-	-	-709.93	-	-333.29
Gain (Loss) on Sale of Investments	-1.02	-1.66	-1.29	-1.97	-8.5	-3.01
Gain (Loss) on Sale of Assets	5.85	4.15	0.09	8.75	-1.97	-5.19
Asset Writedown	4.16	-0.62	-	-25.08	-	-12.95
Other Unusual Items	9.69	9.97	12.03	14.15	19.84	16.7
Pretax Income	139.34	55.35	10.77	-913.27	25.33	-382.01
Income Tax Expense	54.29	27.88	1.67	10.53	1.25	36.36
Earnings From Continuing Operations	85.05	27.47	9.11	-923.8	24.08	-418.37
Minority Interest in Earnings	2.46	4.96	3.77	7.5	-0.52	-4.44
Net Income	87.51	32.43	12.88	-916.3	23.56	-422.81
Net Income to Common	87.51	32.43	12.88	-916.3	23.56	-422.81
Net Income Growth	235.63%	151.73%	-	-	-	-
Shares Outstanding (Basic)	148	147	143	140	131	114
Shares Outstanding (Diluted)	148	147	143	140	131	114
Shares Change (YoY)	3.17%	2.98%	2.16%	7.04%	14.86%	8.46%
EPS (Basic)	0.59	0.22	0.09	-6.54	0.18	-3.71
EPS (Diluted)	0.59	0.22	0.09	-6.54	0.18	-3.71
EPS Growth	225.32%	144.44%	-	-	-	-
Free Cash Flow	91.19	275.84	161.68	99.77	-163.46	173.36
Free Cash Flow Per Share	0.62	1.87	1.13	0.71	-1.25	1.52
Dividend Per Share	-	-	-	-	0.050	-
Gross Margin	18.25%	19.16%	19.29%	15.80%	21.25%	21.70%
Operating Margin	3.77%	2.25%	1.82%	-3.16%	2.15%	2.06%
Profit Margin	1.83%	0.72%	0.30%	-22.71%	0.64%	-12.49%
Free Cash Flow Margin	1.91%	6.11%	3.76%	2.47%	-4.46%	5.12%
EBITDA	279.91	239.52	267.12	53.51	251.54	244.16
EBITDA Margin	5.87%	5.31%	6.21%	1.33%	6.87%	7.21%
D&A For EBITDA	100.12	138.09	188.73	180.97	172.8	174.53
EBIT	179.79	101.43	78.39	-127.47	78.74	69.64
EBIT Margin	3.77%	2.25%	1.82%	-3.16%	2.15%	2.06%
Effective Tax Rate	38.96%	50.37%	15.47%	-	4.94%	-
Revenue as Reported	4,773	4,513	4,299	4,035	3,664	3,386

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