AVIC Airborne Systems Co. Ltd. Class A

600372.SS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

3,343

Cost of Revenue

2,423

Gross Profit

920

Gross Margin

27.5%

Operating Income

180

Operating Margin

5.4%

Net Income

146

Net Margin

4.4%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

358

EBITDA Margin

10.7%

2023

12/31/2023

Revenue

4,061

Cost of Revenue

2,881

Gross Profit

1,180

Gross Margin

29.1%

Operating Income

312

Operating Margin

7.7%

Net Income

264

Net Margin

6.5%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

499

EBITDA Margin

12.3%

2022

12/31/2022

Revenue

3,881

Cost of Revenue

2,789

Gross Profit

1,092

Gross Margin

28.1%

Operating Income

270

Operating Margin

7.0%

Net Income

189

Net Margin

4.9%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

484

EBITDA Margin

12.5%

2021

12/31/2021

Revenue

1,378

Cost of Revenue

989

Gross Profit

388

Gross Margin

28.2%

Operating Income

123

Operating Margin

9.0%

Net Income

112

Net Margin

8.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

191

EBITDA Margin

13.8%

2020

12/31/2020

Revenue

1,225

Cost of Revenue

873

Gross Profit

351

Gross Margin

28.7%

Operating Income

102

Operating Margin

8.4%

Net Income

Net Margin

7.2%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

183

EBITDA Margin

15.0%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	3,343	4,061	3,881	1,378	1,225
Cost of Revenue	2,423	2,881	2,789	989	873
Gross Profit	920	1,180	1,092	388	351
Gross Margin	27.5%	29.1%	28.1%	28.2%	28.7%
Operating Income	180	312	270	123	102
Operating Margin	5.4%	7.7%	7.0%	9.0%	8.4%
Net Income	146	264	189	112	88
Net Margin	4.4%	6.5%	4.9%	8.1%	7.2%
EPS (Basic)	$0.00	$0.00	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00
EBITDA	358	499	484	191	183
EBITDA Margin	10.7%	12.3%	12.5%	13.8%	15.0%