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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,650	4,493	4,273	4,001	3,633	3,362
Other Revenue	16.77	20.9	26.22	34.35	31.03	23.9
Revenue	4,667	4,513	4,299	4,035	3,664	3,386
Revenue Growth (YoY)	5.51%	4.98%	6.54%	10.14%	8.20%	-12.30%
Cost of Revenue	3,831	3,649	3,470	3,398	2,885	2,651
Gross Profit	836.44	864.96	829.45	637.51	778.63	734.89
Selling, General & Admin	500.59	576.67	560.25	545.39	502.64	472.61
Research & Development	181.81	181.01	184.97	207.67	180.77	169.83
Other Operating Expenses	10.95	9.19	4.53	13.61	13.48	16.45
Operating Expenses	691.56	763.53	751.05	764.98	699.88	665.25
Operating Income	144.88	101.43	78.39	-127.47	78.74	69.64
Interest Expense	-48.82	-61.78	-80.42	-73.15	-76.15	-89.52
Interest & Investment Income	2.96	5.73	6.39	3.14	2.74	2.19
Currency Exchange Gain (Loss)	-7.05	0.48	-3.89	-0.77	12.7	-23.79
Other Non Operating Income (Expenses)	-2.09	-2.35	-0.52	-0.94	-2.06	-2.77
EBT Excluding Unusual Items	89.87	43.51	-0.05	-199.19	15.97	-44.27
Impairment of Goodwill	-	-	-	-709.93	-	-333.29
Gain (Loss) on Sale of Investments	-1.14	-1.66	-1.29	-1.97	-8.5	-3.01
Gain (Loss) on Sale of Assets	4.07	4.15	0.09	8.75	-1.97	-5.19
Asset Writedown	-1.56	-0.62	-	-25.08	-	-12.95
Other Unusual Items	13.98	9.97	12.03	14.15	19.84	16.7
Pretax Income	105.22	55.35	10.77	-913.27	25.33	-382.01
Income Tax Expense	42.8	27.88	1.67	10.53	1.25	36.36
Earnings From Continuing Operations	62.42	27.47	9.11	-923.8	24.08	-418.37
Minority Interest in Earnings	2.58	4.96	3.77	7.5	-0.52	-4.44
Net Income	65.01	32.43	12.88	-916.3	23.56	-422.81
Net Income to Common	65.01	32.43	12.88	-916.3	23.56	-422.81
Net Income Growth	157.25%	151.73%	-	-	-	-
Shares Outstanding (Basic)	148	147	143	140	131	114
Shares Outstanding (Diluted)	148	147	143	140	131	114
Shares Change (YoY)	3.10%	2.98%	2.16%	7.04%	14.86%	8.46%
EPS (Basic)	0.44	0.22	0.09	-6.54	0.18	-3.71
EPS (Diluted)	0.44	0.22	0.09	-6.54	0.18	-3.71
EPS Growth	149.51%	144.44%	-	-	-	-
Free Cash Flow	160.21	275.84	161.68	99.77	-163.46	173.36
Free Cash Flow Per Share	1.08	1.87	1.13	0.71	-1.25	1.52
Dividend Per Share	-	-	-	-	0.050	-
Gross Margin	17.92%	19.16%	19.29%	15.80%	21.25%	21.70%
Operating Margin	3.10%	2.25%	1.82%	-3.16%	2.15%	2.06%
Profit Margin	1.39%	0.72%	0.30%	-22.71%	0.64%	-12.49%
Free Cash Flow Margin	3.43%	6.11%	3.76%	2.47%	-4.46%	5.12%
EBITDA	287.66	239.52	267.12	53.51	251.54	244.16
EBITDA Margin	6.16%	5.31%	6.21%	1.33%	6.87%	7.21%
D&A For EBITDA	142.78	138.09	188.73	180.97	172.8	174.53
EBIT	144.88	101.43	78.39	-127.47	78.74	69.64
EBIT Margin	3.10%	2.25%	1.82%	-3.16%	2.15%	2.06%
Effective Tax Rate	40.67%	50.37%	15.47%	-	4.94%	-
Revenue as Reported	4,667	4,513	4,299	4,035	3,664	3,386

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