CIMC Vehicles (Group) Co., Ltd. (SHE:301039)

CIMC Vehicles (Group) 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	19,585	20,492	24,722	23,398	27,241	26,247
Other Revenue	466.52	506.69	364.78	222.9	407.19	251.81
Revenue	20,052	20,998	25,087	23,621	27,648	26,499
Revenue Growth (YoY)	-10.15%	-16.30%	6.21%	-14.57%	4.33%	14.12%
Cost of Revenue	16,803	17,624	20,572	20,550	24,669	23,165
Gross Profit	3,248	3,375	4,515	3,070	2,978	3,334
Selling, General & Admin	1,413	1,467	1,917	1,531	1,563	1,490
Research & Development	436.33	388.63	396.52	305.58	397.82	371.41
Other Operating Expenses	45.56	39.81	89.51	90.67	98.18	119.08
Operating Expenses	2,157	2,112	2,492	1,960	2,077	2,027
Operating Income	1,091	1,263	2,023	1,111	901.76	1,307
Interest Expense	-30.12	-40.17	-43.42	-50.33	-45.89	-64.32
Interest & Investment Income	167.9	172.83	1,217	73.3	77.58	76.77
Currency Exchange Gain (Loss)	1.24	27.78	-11.34	76.21	-23.83	-112.81
Other Non Operating Income (Expenses)	-9.15	0.49	14.38	-7.24	-18.73	-14.2
EBT Excluding Unusual Items	1,221	1,424	3,199	1,203	890.89	1,192
Impairment of Goodwill	-	-	-	-	-12.73	-4.75
Gain (Loss) on Sale of Investments	17.42	-7.12	-0.1	-31.26	-20.23	13.02
Gain (Loss) on Sale of Assets	9.64	7.51	12.32	224.18	177.12	57.99
Asset Writedown	-0.79	-0.88	-20.68	-3.1	-2.27	-3.37
Other Unusual Items	-13.63	3.17	68.9	81.98	141.74	257.18
Pretax Income	1,235	1,428	3,261	1,475	1,176	1,518
Income Tax Expense	319.9	346.88	813	361.17	188.5	248.35
Earnings From Continuing Operations	915.38	1,081	2,448	1,114	987.66	1,269
Minority Interest in Earnings	9.74	4.19	7.91	4.35	-86.91	-137.8
Net Income	925.12	1,085	2,456	1,118	900.75	1,132
Net Income to Common	925.12	1,085	2,456	1,118	900.75	1,132
Net Income Growth	-17.54%	-55.80%	119.66%	24.11%	-20.40%	-6.53%
Shares Outstanding (Basic)	1,875	1,938	2,013	2,033	1,877	1,768
Shares Outstanding (Diluted)	1,875	1,938	2,013	2,033	1,877	1,768
Shares Change (YoY)	-6.40%	-3.71%	-0.97%	8.32%	6.14%	9.79%
EPS (Basic)	0.49	0.56	1.22	0.55	0.48	0.64
EPS (Diluted)	0.49	0.56	1.22	0.55	0.48	0.64
EPS Growth	-12.25%	-54.10%	121.82%	14.58%	-25.00%	-14.87%
Free Cash Flow	1,820	1,771	1,271	616.17	-890.2	1,560
Free Cash Flow Per Share	0.97	0.91	0.63	0.30	-0.47	0.88
Dividend Per Share	0.280	0.560	-	0.300	0.200	-
Dividend Growth	-	-	-	50.00%	-	-
Gross Margin	16.20%	16.07%	18.00%	13.00%	10.77%	12.58%
Operating Margin	5.44%	6.02%	8.06%	4.70%	3.26%	4.93%
Profit Margin	4.61%	5.17%	9.79%	4.73%	3.26%	4.27%
Free Cash Flow Margin	9.08%	8.43%	5.07%	2.61%	-3.22%	5.89%
EBITDA	1,559	1,752	2,525	1,595	1,365	1,695
EBITDA Margin	7.78%	8.34%	10.07%	6.75%	4.94%	6.40%
D&A For EBITDA	468.03	488.59	502.16	484.44	462.81	388.17
EBIT	1,091	1,263	2,023	1,111	901.76	1,307
EBIT Margin	5.44%	6.02%	8.06%	4.70%	3.26%	4.93%
Effective Tax Rate	25.90%	24.29%	24.93%	24.49%	16.03%	16.36%
Revenue as Reported	20,998	20,998	25,087	23,621	27,648	26,499
Advertising Expenses	-	-	-	10.69	19.88	17.81

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