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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	19,681	20,492	24,722	23,398	27,241	26,247
Other Revenue	506.69	506.69	364.78	222.9	407.19	251.81
Revenue	20,187	20,998	25,087	23,621	27,648	26,499
Revenue Growth (YoY)	-5.41%	-16.30%	6.21%	-14.57%	4.33%	14.12%
Cost of Revenue	17,031	17,624	20,572	20,550	24,669	23,165
Gross Profit	3,156	3,375	4,515	3,070	2,978	3,334
Selling, General & Admin	1,420	1,467	1,917	1,531	1,563	1,490
Research & Development	428.52	388.63	396.52	305.58	397.82	371.41
Other Operating Expenses	34.74	39.81	89.51	90.67	98.18	119.08
Operating Expenses	2,039	2,112	2,492	1,960	2,077	2,027
Operating Income	1,118	1,263	2,023	1,111	901.76	1,307
Interest Expense	-19.95	-40.17	-43.42	-50.33	-45.89	-64.32
Interest & Investment Income	52.9	172.83	1,217	73.3	77.58	76.77
Currency Exchange Gain (Loss)	27.78	27.78	-11.34	76.21	-23.83	-112.81
Other Non Operating Income (Expenses)	-47.75	0.49	14.38	-7.24	-18.73	-14.2
EBT Excluding Unusual Items	1,131	1,424	3,199	1,203	890.89	1,192
Impairment of Goodwill	-	-	-	-	-12.73	-4.75
Gain (Loss) on Sale of Investments	13.15	-7.12	-0.1	-31.26	-20.23	13.02
Gain (Loss) on Sale of Assets	14.92	7.51	12.32	224.18	177.12	57.99
Asset Writedown	0.13	-0.88	-20.68	-3.1	-2.27	-3.37
Other Unusual Items	3.17	3.17	68.9	81.98	141.74	257.18
Pretax Income	1,164	1,428	3,261	1,475	1,176	1,518
Income Tax Expense	301.96	346.88	813	361.17	188.5	248.35
Earnings From Continuing Operations	861.78	1,081	2,448	1,114	987.66	1,269
Minority Interest in Earnings	2.56	4.19	7.91	4.35	-86.91	-137.8
Net Income	864.34	1,085	2,456	1,118	900.75	1,132
Net Income to Common	864.34	1,085	2,456	1,118	900.75	1,132
Net Income Growth	-15.34%	-55.80%	119.66%	24.11%	-20.40%	-6.53%
Shares Outstanding (Basic)	1,886	1,938	2,013	2,033	1,877	1,768
Shares Outstanding (Diluted)	1,886	1,938	2,013	2,033	1,877	1,768
Shares Change (YoY)	-4.04%	-3.71%	-0.97%	8.32%	6.14%	9.79%
EPS (Basic)	0.46	0.56	1.22	0.55	0.48	0.64
EPS (Diluted)	0.46	0.56	1.22	0.55	0.48	0.64
EPS Growth	-11.52%	-54.10%	121.82%	14.58%	-25.00%	-14.87%
Free Cash Flow	1,253	1,771	1,271	616.17	-890.2	1,560
Free Cash Flow Per Share	0.66	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	15.64%	16.07%	18.00%	13.00%	10.77%	12.58%
Operating Margin	5.54%	6.02%	8.06%	4.70%	3.26%	4.93%
Profit Margin	4.28%	5.17%	9.79%	4.73%	3.26%	4.27%
Free Cash Flow Margin	6.21%	8.43%	5.07%	2.61%	-3.22%	5.89%
EBITDA	1,596	1,752	2,525	1,595	1,365	1,695
EBITDA Margin	7.91%	8.34%	10.07%	6.75%	4.94%	6.40%
D&A For EBITDA	478.42	488.59	502.16	484.44	462.81	388.17
EBIT	1,118	1,263	2,023	1,111	901.76	1,307
EBIT Margin	5.54%	6.02%	8.06%	4.70%	3.26%	4.93%
Effective Tax Rate	25.95%	24.29%	24.93%	24.49%	16.03%	16.36%
Revenue as Reported	5,175	20,998	25,087	23,621	27,648	26,499
Advertising Expenses	-	-	-	10.69	19.88	17.81

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