Tongdao Liepin Group (HKG:6100)

Tongdao Liepin Group 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,004	2,081	2,282	2,638	2,651	1,870
Revenue Growth (YoY)	-9.09%	-8.82%	-13.49%	-0.51%	41.82%	23.54%
Cost of Revenue	485.09	498.15	586.43	590.83	584.34	412.58
Gross Profit	1,518	1,583	1,696	2,047	2,067	1,457
Selling, General & Admin	1,155	1,224	1,462	1,613	1,580	1,169
Research & Development	268.99	303.84	360.39	400.28	336.95	239.87
Other Operating Expenses	-21.28	-15.59	-34.13	-53.48	-27.88	-41.34
Operating Expenses	1,403	1,513	1,788	1,960	1,889	1,368
Operating Income	115.53	70.21	-92.29	86.98	178.49	89.4
Interest Expense	-7.11	-6.75	-8.26	-8.41	-6.94	-9.39
Interest & Investment Income	120.65	130.5	120.44	79.2	55.18	66.68
Earnings From Equity Investments	1.83	0.73	1.21	0.34	1.15	0.45
Currency Exchange Gain (Loss)	1.94	5.58	4.65	31.95	-7.47	-27.11
Other Non Operating Income (Expenses)	-1.73	-1.68	-1.86	-1.54	-2.88	-1.76
EBT Excluding Unusual Items	231.11	198.58	23.9	188.52	217.52	118.28
Gain (Loss) on Sale of Investments	-8.75	-8.75	5.61	-43.15	-2.95	-10.28
Other Unusual Items	-	-	-	-37.7	-	-
Pretax Income	222.36	189.84	29.5	107.68	214.56	108
Income Tax Expense	10.1	14.39	12.87	18.09	23.13	15.18
Earnings From Continuing Operations	212.27	175.45	16.63	89.59	191.43	92.82
Minority Interest in Earnings	-43.85	-42	-15.88	-45.22	-57	-39.2
Net Income	168.42	133.45	0.75	44.37	134.43	53.63
Net Income to Common	168.42	133.45	0.75	44.37	134.43	53.63
Net Income Growth	345.75%	17693.33%	-98.31%	-67.00%	150.67%	-55.44%
Shares Outstanding (Basic)	477	476	479	502	511	514
Shares Outstanding (Diluted)	481	478	482	504	516	519
Shares Change (YoY)	0.86%	-0.70%	-4.41%	-2.24%	-0.71%	-0.33%
EPS (Basic)	0.35	0.28	0.00	0.09	0.26	0.10
EPS (Diluted)	0.35	0.28	0.00	0.09	0.26	0.10
EPS Growth	342.03%	17732.48%	-98.22%	-66.25%	152.37%	-55.28%
Free Cash Flow	155.19	71.62	5.79	118.29	661.75	447.14
Free Cash Flow Per Share	0.32	0.15	0.01	0.23	1.28	0.86
Gross Margin	75.79%	76.06%	74.30%	77.60%	77.96%	77.93%
Operating Margin	5.77%	3.37%	-4.04%	3.30%	6.73%	4.78%
Profit Margin	8.41%	6.41%	0.03%	1.68%	5.07%	2.87%
Free Cash Flow Margin	7.75%	3.44%	0.25%	4.48%	24.96%	23.91%
EBITDA	152.87	110.41	-47.04	156.34	249.04	140.33
EBITDA Margin	7.63%	5.31%	-2.06%	5.93%	9.39%	7.51%
D&A For EBITDA	37.34	40.21	45.25	69.36	70.56	50.92
EBIT	115.53	70.21	-92.29	86.98	178.49	89.4
EBIT Margin	5.77%	3.37%	-4.04%	3.30%	6.73%	4.78%
Effective Tax Rate	4.54%	7.58%	43.63%	16.80%	10.78%	14.05%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.