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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,318	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	2,951	3,093	3,059	3,260	3,052	2,622
Revenue Growth (YoY)	-2.86%	1.13%	-6.18%	6.81%	16.40%	-0.50%
Cost of Revenue	2,459	2,595	2,491	2,699	2,586	2,184
Gross Profit	492.25	498.04	568.1	561.51	466.66	437.78
Selling, General & Admin	109.42	105.59	99.77	85.23	82.7	88.91
Research & Development	92.31	95.16	86.98	109.42	138.04	74.62
Other Operating Expenses	3.69	1.91	-1.61	17	17.58	12.89
Operating Expenses	244.56	249.57	207.15	223.7	215.73	219.2
Operating Income	247.69	248.47	360.95	337.81	250.93	218.58
Interest Expense	-5.32	-5.11	-7.28	-6.76	-5.53	-9.56
Interest & Investment Income	3.4	3.15	2.62	4.13	2.01	1.41
Earnings From Equity Investments	1.4	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)	-41.46	-41.43	-27.57	-2.67	1.32	-4.53
EBT Excluding Unusual Items	205.64	206.53	330.17	338.24	248.95	209.84
Gain (Loss) on Sale of Assets	0	9.8	0.04	0.8	13.77	-
Asset Writedown	0.63	-	-	-	-0.01	-
Other Unusual Items	4.39	4.31	9.83	1.15	17.6	16.14
Pretax Income	210.66	220.64	340.04	340.2	280.32	225.98
Income Tax Expense	27.43	28.61	43.63	37.98	38.82	32.26
Earnings From Continuing Operations	183.23	192.03	296.41	302.22	241.5	193.72
Minority Interest in Earnings	-1.77	-1.44	-0.74	-0.01	-	-
Net Income	181.46	190.6	295.67	302.21	241.5	193.72
Net Income to Common	181.46	190.6	295.67	302.21	241.5	193.72
Net Income Growth	-33.93%	-35.54%	-2.17%	25.14%	24.66%	14.67%
Shares Outstanding (Basic)	529	529	538	530	447	404
Shares Outstanding (Diluted)	529	529	538	530	447	404
Shares Change (YoY)	-1.52%	-1.52%	1.39%	18.55%	10.81%	90.47%
EPS (Basic)	0.34	0.36	0.55	0.57	0.54	0.48
EPS (Diluted)	0.34	0.36	0.55	0.57	0.54	0.48
EPS Growth	-32.91%	-34.54%	-3.51%	5.56%	12.50%	-39.79%
Free Cash Flow	132.84	130.08	304.18	-108.03	-363.79	265.69
Free Cash Flow Per Share	0.25	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	16.68%	16.10%	18.57%	17.22%	15.29%	16.70%
Operating Margin	8.39%	8.03%	11.80%	10.36%	8.22%	8.34%
Profit Margin	6.15%	6.16%	9.67%	9.27%	7.91%	7.39%
Free Cash Flow Margin	4.50%	4.21%	9.95%	-3.31%	-11.92%	10.13%
EBITDA	284.18	285.16	398.47	366.43	278.22	243.66
EBITDA Margin	9.63%	9.22%	13.03%	11.24%	9.12%	9.29%
D&A For EBITDA	36.49	36.7	37.52	28.62	27.29	25.08
EBIT	247.69	248.47	360.95	337.81	250.93	218.58
EBIT Margin	8.39%	8.03%	11.80%	10.36%	8.22%	8.34%
Effective Tax Rate	13.02%	12.96%	12.83%	11.16%	13.85%	14.27%
Revenue as Reported	2,951	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.