Xi'an ChenXi Aviation Technology Corp., Ltd. (SHE:300581)

SHE:300581 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	103.62	122.24	197.33	230.59	222.55	268.94
Other Revenue	18.29	18.29	36.02	2.5	1.63	1.82
Revenue	121.9	140.53	233.35	233.08	224.18	270.76
Revenue Growth (YoY)	-41.30%	-39.78%	0.11%	3.97%	-17.20%	13.44%
Cost of Revenue	69.87	82.12	137.66	144.05	131.45	149.41
Gross Profit	52.04	58.41	95.69	89.03	92.73	121.35
Selling, General & Admin	30.7	32.68	33.12	31.22	32.38	28.47
Research & Development	30.79	30.96	22.29	26.96	26	25.78
Other Operating Expenses	4.45	3.45	4.03	2.75	3.33	3.64
Operating Expenses	104.41	90.73	98.88	74.29	70.57	71.03
Operating Income	-52.37	-32.32	-3.19	14.74	22.16	50.32
Interest Expense	-0.14	-0	-0.02	-0.06	-0.02	-
Interest & Investment Income	0.98	1.89	3.76	1.03	0.64	0.39
Other Non Operating Income (Expenses)	-0.12	-0.07	-0.1	-0.03	0	-0.07
EBT Excluding Unusual Items	-51.64	-30.51	0.45	15.69	22.78	50.64
Gain (Loss) on Sale of Investments	0.18	0.15	1.08	1.74	-	-
Gain (Loss) on Sale of Assets	-0.09	-0.05	-	-0.01	-0	0.03
Asset Writedown	0	0	-0.04	-	-	-
Other Unusual Items	1.61	1.72	5.55	21.19	6.08	18.96
Pretax Income	-49.95	-28.69	7.04	38.61	28.87	69.64
Income Tax Expense	-4.43	-2.11	1.29	2.93	2.14	6.68
Net Income	-45.52	-26.59	5.75	35.68	26.72	62.96
Net Income to Common	-45.52	-26.59	5.75	35.68	26.72	62.96
Net Income Growth	-	-	-83.87%	33.52%	-57.55%	29.54%
Shares Outstanding (Basic)	551	550	548	544	526	526
Shares Outstanding (Diluted)	551	550	548	544	526	526
Shares Change (YoY)	0.57%	0.44%	0.76%	3.39%	0.10%	0.02%
EPS (Basic)	-0.08	-0.05	0.01	0.07	0.05	0.12
EPS (Diluted)	-0.08	-0.05	0.01	0.07	0.05	0.12
EPS Growth	-	-	-83.99%	29.13%	-57.60%	29.51%
Free Cash Flow	-56.56	-76.05	-114.81	14.59	6.92	-45.01
Free Cash Flow Per Share	-0.10	-0.14	-0.21	0.03	0.01	-0.09
Dividend Per Share	-	-	0.013	-	-	-
Gross Margin	42.69%	41.56%	41.01%	38.20%	41.36%	44.82%
Operating Margin	-42.96%	-23.00%	-1.37%	6.32%	9.89%	18.58%
Profit Margin	-37.34%	-18.92%	2.47%	15.31%	11.92%	23.25%
Free Cash Flow Margin	-46.40%	-54.12%	-49.20%	6.26%	3.09%	-16.62%
EBITDA	-34.46	-15.7	11.73	27.6	32.32	57.59
EBITDA Margin	-28.27%	-11.17%	5.03%	11.84%	14.42%	21.27%
D&A For EBITDA	17.91	16.63	14.92	12.86	10.16	7.27
EBIT	-52.37	-32.32	-3.19	14.74	22.16	50.32
EBIT Margin	-42.96%	-23.00%	-1.37%	6.32%	9.89%	18.58%
Effective Tax Rate	-	-	18.29%	7.59%	7.42%	9.60%
Revenue as Reported	121.9	140.53	233.35	233.08	224.18	270.76

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