AVIC Xi'an Aircraft Industry Group Company Ltd.

000768.SZ

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

6,050

Cost of Revenue

5,709

Gross Profit

341

Gross Margin

5.6%

Operating Income

166

Operating Margin

2.7%

Net Income

143

Net Margin

2.4%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

281

EBITDA Margin

4.6%

2023

12/31/2023

Revenue

5,642

Cost of Revenue

5,326

Gross Profit

317

Gross Margin

5.6%

Operating Income

143

Operating Margin

2.5%

Net Income

121

Net Margin

2.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

255

EBITDA Margin

4.5%

2022

12/31/2022

Revenue

5,272

Cost of Revenue

4,912

Gross Profit

360

Gross Margin

6.8%

Operating Income

Operating Margin

1.5%

Net Income

Net Margin

1.4%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

241

EBITDA Margin

4.6%

2021

12/31/2021

Revenue

4,578

Cost of Revenue

4,251

Gross Profit

327

Gross Margin

7.1%

Operating Income

112

Operating Margin

2.4%

Net Income

Net Margin

2.0%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

269

EBITDA Margin

5.9%

2020

12/31/2020

Revenue

4,688

Cost of Revenue

4,338

Gross Profit

349

Gross Margin

7.5%

Operating Income

137

Operating Margin

2.9%

Net Income

109

Net Margin

2.3%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

296

EBITDA Margin

6.3%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	6,050	5,642	5,272	4,578	4,688
Cost of Revenue	5,709	5,326	4,912	4,251	4,338
Gross Profit	341	317	360	327	349
Gross Margin	5.6%	5.6%	6.8%	7.1%	7.5%
Operating Income	166	143	82	112	137
Operating Margin	2.7%	2.5%	1.5%	2.4%	2.9%
Net Income	143	121	73	91	109
Net Margin	2.4%	2.1%	1.4%	2.0%	2.3%
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	281	255	241	269	296
EBITDA Margin	4.6%	4.5%	4.6%	5.9%	6.3%