Zhejiang Xinchai Co.,Ltd Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	2,324	2,324	2,254	2,308	2,085	2,468
Other Revenue	6.69	6.69	5.97	7.43	8.88	14.25
Revenue	2,331	2,331	2,260	2,316	2,094	2,483
Revenue Growth (YoY)	2.24%	3.13%	-2.40%	10.58%	-15.64%	0.88%
Cost of Revenue	2,074	2,080	2,050	2,142	1,916	2,210
Gross Profit	257.67	251.45	210.42	173.87	178.21	272.66
Selling, General & Admin	78.89	78.68	78.19	84.5	102.85	129.18
Research & Development	81.27	77.91	76.69	76.55	77.23	84.74
Other Operating Expenses	-3.16	-2.67	-12.94	2.66	8.39	8.69
Operating Expenses	159.56	152.68	144.57	162.29	190.66	224.19
Operating Income	98.11	98.77	65.85	11.58	-12.45	48.47
Interest Expense	-1.84	-2.01	-2.06	-2.52	-3.86	-5.32
Interest & Investment Income	9.12	6.31	8.33	13.4	11.01	9.33
Currency Exchange Gain (Loss)	-0.24	-0.24	0.34	0.06	1.17	6.27
Other Non Operating Income (Expenses)	2.32	2.85	3.14	-0.13	2.32	-0.83
EBT Excluding Unusual Items	107.47	105.68	75.61	22.39	-1.81	57.92
Gain (Loss) on Sale of Investments	-	-	-	-	-0.54	-1.11
Gain (Loss) on Sale of Assets	0.07	0.13	0.17	0.04	8.95	14.83
Asset Writedown	4.87	-	-1.06	-	-	-0.73
Other Unusual Items	6	6.5	4.11	2.72	7.88	9.4
Pretax Income	118.41	112.31	78.82	25.15	14.48	80.31
Income Tax Expense	7.13	6.92	2.26	-5	-7.69	0.69
Earnings From Continuing Operations	111.28	105.39	76.56	30.15	22.17	79.61
Minority Interest in Earnings	0.98	1.9	2.54	1.81	-	-
Net Income	112.27	107.29	79.11	31.96	22.17	79.61
Net Income to Common	112.27	107.29	79.11	31.96	22.17	79.61
Net Income Growth	37.62%	35.63%	147.52%	44.14%	-72.15%	-15.02%
Shares Outstanding (Basic)	244	244	240	246	246	204
Shares Outstanding (Diluted)	244	244	240	246	246	204
Shares Change (YoY)	1.71%	1.72%	-2.49%	-0.21%	20.68%	13.31%
EPS (Basic)	0.46	0.44	0.33	0.13	0.09	0.39
EPS (Diluted)	0.46	0.44	0.33	0.13	0.09	0.39
EPS Growth	35.30%	33.33%	153.85%	44.44%	-76.92%	-25.00%
Free Cash Flow	204.77	231.05	41.54	-239.05	209.17	-327.81
Free Cash Flow Per Share	0.84	0.95	0.17	-0.97	0.85	-1.61
Dividend Per Share	0.130	0.130	0.100	0.030	0.020	0.100
Dividend Growth	30.00%	30.00%	233.33%	50.00%	-80.00%	-
Gross Margin	11.05%	10.79%	9.31%	7.51%	8.51%	10.98%
Operating Margin	4.21%	4.24%	2.91%	0.50%	-0.59%	1.95%
Profit Margin	4.82%	4.60%	3.50%	1.38%	1.06%	3.21%
Free Cash Flow Margin	8.78%	9.91%	1.84%	-10.32%	9.99%	-13.21%
EBITDA	156.69	158.55	130.48	76.31	52.47	105.65
EBITDA Margin	6.72%	6.80%	5.77%	3.29%	2.50%	4.26%
D&A For EBITDA	58.58	59.79	64.62	64.73	64.92	57.18
EBIT	98.11	98.77	65.85	11.58	-12.45	48.47
EBIT Margin	4.21%	4.24%	2.91%	0.50%	-0.59%	1.95%
Effective Tax Rate	6.02%	6.16%	2.87%	-	-	0.86%
Revenue as Reported	2,331	2,331	2,260	2,316	2,094	2,483
Advertising Expenses	-	4.98	5.57	5.53	5.03	7.14

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