Geely Automobile Holdings Limited (VIE: GRU)

Geely Automobile Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	223,599	179,204	147,965	101,611	92,114	97,401
Revenue Growth (YoY)	32.95%	21.11%	45.62%	10.31%	-5.43%	-8.63%
Cost of Revenue	188,834	151,789	127,069	84,199	77,377	80,485
Gross Profit	34,765	27,415	20,896	17,412	14,737	16,917
Selling, General & Admin	28,026	24,498	19,809	15,443	10,803	9,422
Other Operating Expenses	317	317	340.4	-	-	-
Operating Expenses	29,421	24,976	20,152	15,571	10,811	9,460
Operating Income	5,344	2,439	743.59	1,841	3,926	7,457
Interest Expense	-417.01	-417.01	-454.38	-264.83	-166.98	-127.58
Interest & Investment Income	1,199	961.36	931.16	544.98	375.3	235.6
Earnings From Equity Investments	1,036	599.09	651.38	1,205	875.41	664
Currency Exchange Gain (Loss)	-125.83	-125.83	-78.58	124.82	-	67.55
Other Non Operating Income (Expenses)	1,461	1,634	1,111	1,186	1,032	1,156
EBT Excluding Unusual Items	8,498	5,091	2,904	4,637	6,041	9,453
Gain (Loss) on Sale of Investments	10.21	10.21	28.32	28.62	-	0.64
Gain (Loss) on Sale of Assets	7,168	-301.54	-	-	399.55	183.07
Other Unusual Items	150.14	150.14	1,750	-	-	-
Pretax Income	15,587	4,950	4,682	4,665	6,441	9,636
Income Tax Expense	267.92	14.92	32.28	312.17	866.35	1,375
Earnings From Continuing Operations	15,319	4,935	4,650	4,353	5,575	8,261
Minority Interest in Earnings	195.39	373.39	610.69	494.44	-40.84	-71.72
Net Income	15,514	5,308	5,260	4,847	5,534	8,190
Preferred Dividends & Other Adjustments	142.44	142.44	137.48	127.39	137.22	-
Net Income to Common	15,372	5,166	5,123	4,720	5,397	8,190
Net Income Growth	230.02%	0.91%	8.52%	-12.40%	-32.43%	-34.76%
Shares Outstanding (Basic)	10,063	10,059	10,034	9,821	9,552	9,081
Shares Outstanding (Diluted)	10,063	10,130	10,147	9,887	9,561	9,180
Shares Change (YoY)	-	-0.17%	2.63%	3.40%	4.15%	0.07%
EPS (Basic)	1.53	0.51	0.51	0.48	0.56	0.90
EPS (Diluted)	1.53	0.51	0.50	0.48	0.56	0.89
EPS Growth	-	1.01%	5.76%	-14.75%	-37.08%	-35.04%
Free Cash Flow	-	16,631	12,502	12,515	-1,210	9,665
Free Cash Flow Per Share	-	1.64	1.23	1.27	-0.13	1.05
Dividend Per Share	-	0.200	0.186	0.171	0.168	0.223
Dividend Growth	-	7.50%	8.58%	1.59%	-24.64%	-27.29%
Gross Margin	15.55%	15.30%	14.12%	17.14%	16.00%	17.37%
Operating Margin	2.39%	1.36%	0.50%	1.81%	4.26%	7.66%
Profit Margin	6.87%	2.88%	3.46%	4.65%	5.86%	8.41%
Free Cash Flow Margin	-	9.28%	8.45%	12.32%	-1.31%	9.92%
EBITDA	8,106	5,226	3,564	4,302	6,116	8,860
EBITDA Margin	3.63%	2.92%	2.41%	4.23%	6.64%	9.10%
D&A For EBITDA	2,762	2,787	2,821	2,461	2,190	1,404
EBIT	5,344	2,439	743.59	1,841	3,926	7,457
EBIT Margin	2.39%	1.36%	0.50%	1.81%	4.26%	7.66%
Effective Tax Rate	1.72%	0.30%	0.69%	6.69%	13.45%	14.27%

Source: S&P Capital IQ. Standard template. Financial Sources.