Tianjin Binhai Teda Logistics (Group) Corporation Limited (HKG:8348)

HKG:8348 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	3,046	3,710	3,650	3,301	3,070	2,881
Revenue Growth (YoY)	-26.89%	1.66%	10.57%	7.54%	6.56%	6.04%
Cost of Revenue	3,023	3,682	3,589	3,169	2,896	2,713
Gross Profit	22.59	28.59	61.07	131.75	173.4	167.54
Selling, General & Admin	47.88	43.97	52.44	56.46	59.2	53.56
Other Operating Expenses	0.04	-	-	-0.8	-2	-1.26
Operating Expenses	49.01	40.68	47.23	61.43	103.73	231.64
Operating Income	-26.42	-12.09	13.84	70.32	69.67	-64.1
Interest Expense	-15.3	-19.61	-21.34	-20.7	-23.55	-33.48
Interest & Investment Income	8.64	7.33	11.83	16.17	17.21	12.01
Earnings From Equity Investments	6.79	5.56	26.59	54.94	33.76	20.29
Currency Exchange Gain (Loss)	0.52	0.52	0.45	0.66	0.28	-0.05
Other Non Operating Income (Expenses)	0.04	0.04	0.75	-	-	-
EBT Excluding Unusual Items	-25.74	-18.26	32.13	121.38	97.37	-65.34
Gain (Loss) on Sale of Investments	24.12	24.12	-	1.61	-	-
Gain (Loss) on Sale of Assets	-0.14	-0.14	-0.28	-0.32	-0.4	-0.6
Asset Writedown	-5.2	-5.2	-2.18	-4.4	9.51	4.7
Legal Settlements	-	-	-	-38.63	-	-
Other Unusual Items	5.14	5.14	11.31	1.16	6.17	6.57
Pretax Income	-1.82	5.66	40.98	80.8	112.66	-54.67
Income Tax Expense	-1.3	-0.41	4.63	21.12	33.35	27.44
Earnings From Continuing Operations	-0.52	6.06	36.35	59.68	79.31	-82.12
Minority Interest in Earnings	6.78	-0.16	-6.57	-30.06	-45.63	-47.27
Net Income	6.26	5.9	29.78	29.62	33.68	-129.39
Net Income to Common	6.26	5.9	29.78	29.62	33.68	-129.39
Net Income Growth	-65.72%	-80.19%	0.52%	-12.05%	-	-
Shares Outstanding (Basic)	354	354	354	354	354	354
Shares Outstanding (Diluted)	354	354	354	354	354	354
EPS (Basic)	0.02	0.02	0.08	0.08	0.10	-0.37
EPS (Diluted)	0.02	0.02	0.08	0.08	0.10	-0.37
EPS Growth	-65.70%	-80.19%	0.52%	-12.05%	-	-
Free Cash Flow	44.33	53.5	-154.6	60.39	79.72	707.93
Free Cash Flow Per Share	0.13	0.15	-0.44	0.17	0.23	2.00
Dividend Per Share	0.030	0.030	0.020	0.030	-	-
Dividend Growth	50.00%	50.00%	-33.33%	-	-	-
Gross Margin	0.74%	0.77%	1.67%	3.99%	5.65%	5.82%
Operating Margin	-0.87%	-0.33%	0.38%	2.13%	2.27%	-2.23%
Profit Margin	0.21%	0.16%	0.82%	0.90%	1.10%	-4.49%
Free Cash Flow Margin	1.46%	1.44%	-4.24%	1.83%	2.60%	24.57%
EBITDA	-4.23	4.8	31.95	87.13	85.27	-49.35
EBITDA Margin	-0.14%	0.13%	0.88%	2.64%	2.78%	-1.71%
D&A For EBITDA	22.19	16.89	18.12	16.81	15.61	14.75
EBIT	-26.42	-12.09	13.84	70.32	69.67	-64.1
EBIT Margin	-0.87%	-0.33%	0.38%	2.13%	2.27%	-2.23%
Effective Tax Rate	-	-	11.31%	26.13%	29.60%	-

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