Guanglian Aviation Industry Co., Ltd. (SHE:300900)

SHE:300900 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	1,150	1,036	733.49	654.18	233.65	312.66
Other Revenue	12.25	12.25	6.49	9.46	3.75	2.04
Revenue	1,162	1,048	739.98	663.64	237.4	314.7
Revenue Growth (YoY)	35.46%	41.64%	11.50%	179.55%	-24.56%	17.22%
Cost of Revenue	944.85	779.3	429.48	310.41	137.29	144.05
Gross Profit	217.32	268.82	310.5	353.23	100.11	170.65
Selling, General & Admin	150.59	148.59	112.17	91.78	44.8	24.54
Research & Development	83.61	83.14	57.52	45.69	25.95	13.59
Other Operating Expenses	6.14	-0.44	-0.59	5.9	2.4	3.55
Operating Expenses	251.02	249.86	168.88	160.75	84.99	56.59
Operating Income	-33.69	18.96	141.62	192.49	15.13	114.06
Interest Expense	-89.35	-77.82	-58.34	-27.81	-4.03	-4.94
Interest & Investment Income	0.52	1.44	5.54	6.96	10.39	1.73
Currency Exchange Gain (Loss)	-0	-0	0	-0.05	-	0
Other Non Operating Income (Expenses)	-12.85	-3.95	-2.02	-3.89	-1.57	-2.09
EBT Excluding Unusual Items	-103.17	-61.38	86.8	167.7	19.91	108.75
Gain (Loss) on Sale of Investments	-8.84	-8.84	-	-	0.85	0.17
Gain (Loss) on Sale of Assets	1.52	1.5	0.3	0.21	-0.02	-
Asset Writedown	-10.12	-0.39	-0.44	-0.9	-	-
Other Unusual Items	14.83	0.61	9.91	6.83	21.04	6.31
Pretax Income	-105.78	-68.49	96.58	173.83	41.78	115.23
Income Tax Expense	-24.05	-19.51	-4.53	3.32	4.08	14.69
Earnings From Continuing Operations	-81.73	-48.98	101.11	170.52	37.7	100.54
Minority Interest in Earnings	-1.28	-0.12	3.49	-20.5	0.68	-
Net Income	-83.01	-49.1	104.59	150.02	38.37	100.54
Net Income to Common	-83.01	-49.1	104.59	150.02	38.37	100.54
Net Income Growth	-	-	-30.28%	290.93%	-61.83%	34.69%
Shares Outstanding (Basic)	323	289	299	296	298	235
Shares Outstanding (Diluted)	323	289	299	296	298	235
Shares Change (YoY)	22.73%	-3.36%	1.02%	-0.86%	27.21%	5.49%
EPS (Basic)	-0.26	-0.17	0.35	0.51	0.13	0.43
EPS (Diluted)	-0.26	-0.17	0.35	0.51	0.13	0.43
EPS Growth	-	-	-30.98%	294.32%	-69.99%	27.67%
Free Cash Flow	-62.31	-318.22	-647.95	-593.73	-416.12	-182.72
Free Cash Flow Per Share	-0.19	-1.10	-2.17	-2.01	-1.39	-0.78
Dividend Per Share	-	-	0.071	0.143	-	0.071
Dividend Growth	-	-	-50.03%	-	-	-
Gross Margin	18.70%	25.65%	41.96%	53.23%	42.17%	54.23%
Operating Margin	-2.90%	1.81%	19.14%	29.00%	6.37%	36.24%
Profit Margin	-7.14%	-4.68%	14.13%	22.61%	16.16%	31.95%
Free Cash Flow Margin	-5.36%	-30.36%	-87.56%	-89.47%	-175.28%	-58.06%
EBITDA	195.46	201.02	260.88	267.18	51.06	142.62
EBITDA Margin	16.82%	19.18%	35.25%	40.26%	21.51%	45.32%
D&A For EBITDA	229.16	182.06	119.26	74.69	35.94	28.56
EBIT	-33.69	18.96	141.62	192.49	15.13	114.06
EBIT Margin	-2.90%	1.81%	19.14%	29.00%	6.37%	36.24%
Effective Tax Rate	-	-	-	1.91%	9.78%	12.75%
Revenue as Reported	1,162	1,048	739.98	663.64	237.4	314.7
Advertising Expenses	-	0.82	-	-	-	-

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