Jiangyin Pivot Automotive Products Co., Ltd. (SHE:301181)

SHE:301181 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	507.41	503.28	559.35	505.05	466.66	618.83
Other Revenue	10.43	10.43	11.6	12.79	12.06	13.37
Revenue	517.84	513.71	570.95	517.84	478.72	632.2
Revenue Growth (YoY)	-9.10%	-10.03%	10.26%	8.17%	-24.28%	12.35%
Cost of Revenue	348.25	345.2	376.04	348.16	328.45	444.96
Gross Profit	169.59	168.51	194.91	169.68	150.27	187.24
Selling, General & Admin	32.95	31.87	28.47	25.1	16.41	18.76
Research & Development	27.72	27.79	24.02	23.01	20.51	21.6
Other Operating Expenses	0.29	0.66	1.17	2.39	2.77	3.35
Operating Expenses	65.58	64.89	54.98	50.21	38.75	44.09
Operating Income	104.01	103.62	139.93	119.46	111.52	143.15
Interest Expense	-0.14	-0.11	-0	-	-0.16	-0.74
Interest & Investment Income	32.74	32.6	25.67	15.66	2.04	0.65
Currency Exchange Gain (Loss)	0.12	0.12	0.87	1.35	1.59	0.71
Other Non Operating Income (Expenses)	-0.31	-0.18	-0.12	-0.09	-0.11	-0.11
EBT Excluding Unusual Items	136.42	136.05	166.35	136.38	114.89	143.66
Gain (Loss) on Sale of Investments	-0.42	0.88	3.96	1.97	-	-
Gain (Loss) on Sale of Assets	-0.13	-0.13	-	0.03	-	-
Asset Writedown	-0.89	-0.18	-0.55	-0.01	-0.21	-0.03
Other Unusual Items	2.61	2.64	2.65	0.16	2.82	1.48
Pretax Income	137.59	139.26	172.41	138.53	117.49	145.1
Income Tax Expense	17.79	17.77	23.62	17.36	16.14	20.95
Earnings From Continuing Operations	119.79	121.49	148.79	121.18	101.36	124.15
Minority Interest in Earnings	0.4	0.11	-	-	-	-
Net Income	120.2	121.6	148.79	121.18	101.36	124.15
Net Income to Common	120.2	121.6	148.79	121.18	101.36	124.15
Net Income Growth	-20.04%	-18.27%	22.79%	19.56%	-18.36%	34.56%
Shares Outstanding (Basic)	117	117	117	112	88	88
Shares Outstanding (Diluted)	117	117	117	112	88	88
Shares Change (YoY)	-0.68%	-0.20%	4.42%	27.73%	0.15%	-0.03%
EPS (Basic)	1.03	1.04	1.27	1.08	1.15	1.42
EPS (Diluted)	1.03	1.04	1.27	1.08	1.15	1.42
EPS Growth	-19.50%	-18.11%	17.59%	-6.40%	-18.48%	34.61%
Free Cash Flow	73.88	85.89	113.22	100.36	71.98	113.69
Free Cash Flow Per Share	0.63	0.73	0.97	0.90	0.82	1.30
Dividend Per Share	0.650	0.650	0.500	0.462	0.462	0.769
Dividend Growth	30.00%	30.00%	8.34%	-	-40.00%	149.98%
Gross Margin	32.75%	32.80%	34.14%	32.77%	31.39%	29.62%
Operating Margin	20.09%	20.17%	24.51%	23.07%	23.30%	22.64%
Profit Margin	23.21%	23.67%	26.06%	23.40%	21.17%	19.64%
Free Cash Flow Margin	14.27%	16.72%	19.83%	19.38%	15.04%	17.98%
EBITDA	124.43	123.69	158.62	134.2	124.36	155.06
EBITDA Margin	24.03%	24.08%	27.78%	25.91%	25.98%	24.53%
D&A For EBITDA	20.42	20.07	18.69	14.74	12.84	11.9
EBIT	104.01	103.62	139.93	119.46	111.52	143.15
EBIT Margin	20.09%	20.17%	24.51%	23.07%	23.30%	22.64%
Effective Tax Rate	12.93%	12.76%	13.70%	12.53%	13.73%	14.44%
Revenue as Reported	517.84	513.71	570.95	517.84	478.72	632.2

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.