Ginlong Technologies Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020	2016 - 2020
Operating Revenue	6,953	6,520	6,088	5,880	3,305	2,080	Upgrade
Other Revenue	27.83	22.03	12.69	9.17	7.66	4.21	Upgrade
Revenue	6,981	6,542	6,101	5,890	3,312	2,084	Upgrade
Revenue Growth (YoY)	12.51%	7.23%	3.59%	77.80%	58.92%	82.98%	Upgrade
Cost of Revenue	4,685	4,502	4,156	3,919	2,364	1,423	Upgrade
Gross Profit	2,296	2,040	1,945	1,971	948.1	661.35	Upgrade
Selling, General & Admin	707.48	663.73	626.72	435.2	281.31	238.06	Upgrade
Research & Development	424.12	384.42	312.46	301.19	173.06	94.32	Upgrade
Other Operating Expenses	24.94	-12.05	20.35	11	6.27	4.23	Upgrade
Operating Expenses	1,171	1,060	957.91	780.94	471.27	339.39	Upgrade
Operating Income	1,125	979.58	987.15	1,190	476.82	321.96	Upgrade
Interest Expense	-298.02	-329.91	-250.33	-140.18	-29.56	-2.89	Upgrade
Interest & Investment Income	30.23	25.97	36.73	17.37	47.35	22.45	Upgrade
Currency Exchange Gain (Loss)	41.46	13.99	63.71	93.22	-30.69	-8.32	Upgrade
Other Non Operating Income (Expenses)	-4.92	-4.53	-5.77	-9.7	-2.02	-1.06	Upgrade
EBT Excluding Unusual Items	893.36	685.1	831.49	1,151	461.91	332.13	Upgrade
Gain (Loss) on Sale of Investments	0.02	-	-34.22	5.97	49.85	30.49	Upgrade
Gain (Loss) on Sale of Assets	-8.7	-10.66	0.77	-	-	-0.02	Upgrade
Asset Writedown	-1.69	-2.36	-0.3	-1	-0	-0.36	Upgrade
Other Unusual Items	82.15	49.82	39.41	28.5	17.36	8.5	Upgrade
Pretax Income	965.15	721.91	837.15	1,184	529.12	370.75	Upgrade
Income Tax Expense	24.06	30.75	57.8	124.26	55.29	52.64	Upgrade
Earnings From Continuing Operations	941.09	691.16	779.36	1,060	473.83	318.1	Upgrade
Net Income	941.09	691.16	779.36	1,060	473.83	318.1	Upgrade
Net Income to Common	941.09	691.16	779.36	1,060	473.83	318.1	Upgrade
Net Income Growth	86.58%	-11.32%	-26.46%	123.65%	48.95%	151.30%	Upgrade
Shares Outstanding (Basic)	395	395	394	371	367	351	Upgrade
Shares Outstanding (Diluted)	395	395	400	373	370	353	Upgrade
Shares Change (YoY)	-2.15%	-1.18%	7.11%	0.80%	4.73%	8.39%	Upgrade
EPS (Basic)	2.38	1.75	1.98	2.86	1.29	0.91	Upgrade
EPS (Diluted)	2.38	1.75	1.95	2.84	1.28	0.90	Upgrade
EPS Growth	90.66%	-10.26%	-31.34%	121.88%	42.22%	131.84%	Upgrade
Free Cash Flow	1,614	-1,580	-6,733	-3,228	-1,028	62.44	Upgrade
Free Cash Flow Per Share	4.08	-4.00	-16.84	-8.65	-2.78	0.18	Upgrade
Dividend Per Share	0.200	0.200	0.200	0.400	0.333	0.392	Upgrade
Dividend Growth	-	-	-50.00%	20.01%	-15.02%	70.00%	Upgrade
Gross Margin	32.89%	31.18%	31.88%	33.46%	28.62%	31.73%	Upgrade
Operating Margin	16.11%	14.97%	16.18%	20.20%	14.39%	15.45%	Upgrade
Profit Margin	13.48%	10.56%	12.78%	17.99%	14.31%	15.26%	Upgrade
Free Cash Flow Margin	23.12%	-24.16%	-110.35%	-54.80%	-31.03%	3.00%	Upgrade
EBITDA	1,992	1,824	1,545	1,438	554.31	346.98	Upgrade
EBITDA Margin	28.54%	27.89%	25.33%	24.42%	16.73%	16.65%	Upgrade
D&A For EBITDA	867.57	844.89	557.93	248.4	77.49	25.03	Upgrade
EBIT	1,125	979.58	987.15	1,190	476.82	321.96	Upgrade
EBIT Margin	16.11%	14.97%	16.18%	20.20%	14.39%	15.45%	Upgrade
Effective Tax Rate	2.49%	4.26%	6.90%	10.50%	10.45%	14.20%	Upgrade
Revenue as Reported	6,981	6,542	6,101	5,890	3,312	2,084	Upgrade
Advertising Expenses	-	28.1	22.33	18.08	14.29	15.92	Upgrade

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