Gemac Engineering Machinery Co., Ltd. (SHE:301048)

SHE:301048 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	2,619	2,461	2,448	2,837	2,880	2,578
Other Revenue	632.62	632.62	610.91	423.41	172.74	43.91
Revenue	3,251	3,093	3,059	3,260	3,052	2,622
Revenue Growth (YoY)	6.64%	1.13%	-6.18%	6.81%	16.40%	-0.50%
Cost of Revenue	2,689	2,595	2,491	2,699	2,586	2,184
Gross Profit	562.66	498.04	568.1	561.51	466.66	437.78
Selling, General & Admin	116.11	105.59	99.77	85.23	82.7	88.91
Research & Development	99.17	95.16	86.98	109.42	138.04	74.62
Other Operating Expenses	11.78	1.91	-1.61	17	17.58	12.89
Operating Expenses	282.3	249.57	207.15	223.7	215.73	219.2
Operating Income	280.37	248.47	360.95	337.81	250.93	218.58
Interest Expense	-5.76	-5.11	-7.28	-6.76	-5.53	-9.56
Interest & Investment Income	2.96	3.15	2.62	4.13	2.01	1.41
Earnings From Equity Investments	1.34	1.53	1.1	0.28	1.01	-1.16
Currency Exchange Gain (Loss)	-0.08	-0.08	0.35	5.46	-0.79	5.11
Other Non Operating Income (Expenses)	-41.76	-41.43	-27.57	-2.67	1.32	-4.53
EBT Excluding Unusual Items	237.07	206.53	330.17	338.24	248.95	209.84
Gain (Loss) on Sale of Assets	-1.83	9.8	0.04	0.8	13.77	-
Asset Writedown	10.97	-	-	-	-0.01	-
Other Unusual Items	4.31	4.31	9.83	1.15	17.6	16.14
Pretax Income	250.52	220.64	340.04	340.2	280.32	225.98
Income Tax Expense	33.52	28.61	43.63	37.98	38.82	32.26
Earnings From Continuing Operations	217	192.03	296.41	302.22	241.5	193.72
Minority Interest in Earnings	-5.97	-1.44	-0.74	-0.01	-	-
Net Income	211.03	190.6	295.67	302.21	241.5	193.72
Net Income to Common	211.03	190.6	295.67	302.21	241.5	193.72
Net Income Growth	-6.71%	-35.54%	-2.17%	25.14%	24.66%	14.67%
Shares Outstanding (Basic)	545	529	538	530	447	404
Shares Outstanding (Diluted)	545	529	538	530	447	404
Shares Change (YoY)	1.94%	-1.52%	1.39%	18.55%	10.81%	90.47%
EPS (Basic)	0.39	0.36	0.55	0.57	0.54	0.48
EPS (Diluted)	0.39	0.36	0.55	0.57	0.54	0.48
EPS Growth	-8.49%	-34.54%	-3.51%	5.56%	12.50%	-39.79%
Free Cash Flow	297.61	130.08	304.18	-108.03	-363.79	265.69
Free Cash Flow Per Share	0.55	0.25	0.57	-0.20	-0.81	0.66
Dividend Per Share	0.062	0.062	0.049	0.049	0.119	-
Dividend Growth	26.80%	26.80%	-0.15%	-58.77%	-	-
Gross Margin	17.30%	16.10%	18.57%	17.22%	15.29%	16.70%
Operating Margin	8.62%	8.03%	11.80%	10.36%	8.22%	8.34%
Profit Margin	6.49%	6.16%	9.67%	9.27%	7.91%	7.39%
Free Cash Flow Margin	9.15%	4.21%	9.95%	-3.31%	-11.92%	10.13%
EBITDA	316.45	285.16	398.47	366.43	278.22	243.66
EBITDA Margin	9.73%	9.22%	13.03%	11.24%	9.12%	9.29%
D&A For EBITDA	36.08	36.7	37.52	28.62	27.29	25.08
EBIT	280.37	248.47	360.95	337.81	250.93	218.58
EBIT Margin	8.62%	8.03%	11.80%	10.36%	8.22%	8.34%
Effective Tax Rate	13.38%	12.96%	12.83%	11.16%	13.85%	14.27%
Revenue as Reported	3,251	3,093	3,059	3,260	3,052	2,622
Advertising Expenses	-	1.85	1.81	0.69	0.7	1.51

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