Tianli Holdings Group Limited (HKG:0117)

Tianli Holdings Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	678.99	548	488.02	361.38	548.51
Revenue Growth (YoY)	23.90%	12.29%	35.04%	-34.12%	24.22%
Cost of Revenue	503.45	466.48	410.15	345.63	330.32
Gross Profit	175.53	81.52	77.87	15.75	218.19
Selling, General & Admin	98.65	106.51	106.15	104.59	119.21
Research & Development	66.74	62.43	65.33	56.31	45.1
Other Operating Expenses	-8.12	-7.8	-4.76	-6.48	-17.84
Operating Expenses	157.27	161.14	166.72	154.42	146.47
Operating Income	18.26	-79.62	-88.85	-138.67	71.72
Interest Expense	-66.86	-56.54	-34.22	-24.42	-22.34
Interest & Investment Income	0.13	0.03	0.24	0.18	0.11
Earnings From Equity Investments	-0.58	-	-	20.89	18.9
Currency Exchange Gain (Loss)	0.54	-0.38	-0.8	22.19	-10.03
EBT Excluding Unusual Items	-48.51	-136.5	-123.64	-119.83	58.36
Gain (Loss) on Sale of Assets	-6.23	-3.84	-	2.73	-
Asset Writedown	-	-32.13	-80.69	-	-
Other Unusual Items	182.65	8.68	9.07	49.12	-
Pretax Income	127.92	-163.79	-195.26	-67.98	58.36
Income Tax Expense	-5.53	-10.42	28.26	-3.26	-11.14
Earnings From Continuing Operations	133.45	-153.37	-223.52	-64.72	69.49
Earnings From Discontinued Operations	-	-	-	-	-0.02
Net Income to Company	133.45	-153.37	-223.52	-64.72	69.47
Minority Interest in Earnings	-	-	1.37	0.87	-0.65
Net Income	133.45	-153.37	-222.15	-63.85	68.82
Net Income to Common	133.45	-153.37	-222.15	-63.85	68.82
Shares Outstanding (Basic)	745	745	745	745	745
Shares Outstanding (Diluted)	745	745	745	745	745
EPS (Basic)	0.18	-0.21	-0.30	-0.09	0.09
EPS (Diluted)	0.18	-0.21	-0.30	-0.09	0.09
Free Cash Flow	-101.44	-191.26	-334.36	-348.23	-155.29
Free Cash Flow Per Share	-0.14	-0.26	-0.45	-0.47	-0.21
Gross Margin	25.85%	14.88%	15.96%	4.36%	39.78%
Operating Margin	2.69%	-14.53%	-18.21%	-38.37%	13.08%
Profit Margin	19.65%	-27.99%	-45.52%	-17.67%	12.55%
Free Cash Flow Margin	-14.94%	-34.90%	-68.51%	-96.36%	-28.31%
EBITDA	98.63	-0.34	-31.32	-79.64	132.83
EBITDA Margin	14.53%	-0.06%	-6.42%	-22.04%	24.22%
D&A For EBITDA	80.37	79.28	57.53	59.03	61.11
EBIT	18.26	-79.62	-88.85	-138.67	71.72
EBIT Margin	2.69%	-14.53%	-18.21%	-38.37%	13.08%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.