Xinjiang Tianye Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	11,129	10,957	11,295	14,054	11,873	9,142	Upgrade
Other Revenue	198.47	198.47	170.27	208.77	141.91	193.51	Upgrade
Revenue	11,327	11,156	11,465	14,262	12,015	9,335	Upgrade
Revenue Growth (YoY)	6.49%	-2.70%	-19.61%	18.71%	28.70%	10.24%	Upgrade
Cost of Revenue	10,171	9,994	10,818	11,586	8,862	7,124	Upgrade
Gross Profit	1,157	1,162	647.47	2,677	3,152	2,211	Upgrade
Selling, General & Admin	508.32	554.58	604.89	753.72	583.68	511.36	Upgrade
Research & Development	414.7	385.26	435.78	469.11	367.47	305.32	Upgrade
Other Operating Expenses	32.29	-16.92	28.04	109.58	96.32	96.18	Upgrade
Operating Expenses	947.67	917.93	1,083	1,345	1,061	916.68	Upgrade
Operating Income	209.17	244.21	-435.27	1,332	2,092	1,295	Upgrade
Interest Expense	-239.36	-263.15	-308	-259.22	-204.13	-169.94	Upgrade
Interest & Investment Income	66.56	47.78	23.26	23.06	27.1	2.59	Upgrade
Currency Exchange Gain (Loss)	-0	-0	-0	-0.03	-0.06	1.05	Upgrade
Other Non Operating Income (Expenses)	-4.76	-1.57	0.11	10.42	3.6	-3.86	Upgrade
EBT Excluding Unusual Items	31.61	27.28	-719.89	1,106	1,918	1,125	Upgrade
Gain (Loss) on Sale of Investments	2.05	-	-110.66	-77.94	-	-40.5	Upgrade
Gain (Loss) on Sale of Assets	12.38	10.25	0.44	-4.53	4.15	5.63	Upgrade
Asset Writedown	-13.2	-	-21.99	-0.16	-55.26	-39.04	Upgrade
Other Unusual Items	147.7	117.32	32.98	44.57	31.88	20.16	Upgrade
Pretax Income	180.54	154.84	-819.13	1,068	1,899	1,071	Upgrade
Income Tax Expense	114.96	86.37	42.39	189.29	299.48	177.03	Upgrade
Earnings From Continuing Operations	65.58	68.48	-861.52	878.72	1,599	893.87	Upgrade
Net Income to Company	65.58	68.48	-861.52	878.72	1,599	893.87	Upgrade
Minority Interest in Earnings	-0.05	-0.04	86.11	25.5	38.82	-7.3	Upgrade
Net Income	65.53	68.43	-775.4	904.22	1,638	886.57	Upgrade
Net Income to Common	65.53	68.43	-775.4	904.22	1,638	886.57	Upgrade
Net Income Growth	312.40%	-	-	-44.81%	84.79%	63.02%	Upgrade
Shares Outstanding (Basic)	1,711	1,711	1,723	1,706	1,531	1,343	Upgrade
Shares Outstanding (Diluted)	1,711	1,711	1,723	1,706	1,546	1,364	Upgrade
Shares Change (YoY)	-1.20%	-0.71%	1.00%	10.38%	13.31%	5.34%	Upgrade
EPS (Basic)	0.04	0.04	-0.45	0.53	1.07	0.66	Upgrade
EPS (Diluted)	0.04	0.04	-0.45	0.53	1.06	0.65	Upgrade
EPS Growth	317.46%	-	-	-50.00%	63.08%	54.76%	Upgrade
Free Cash Flow	208.32	331.13	-117.06	1,233	2,115	697.33	Upgrade
Free Cash Flow Per Share	0.12	0.19	-0.07	0.72	1.37	0.51	Upgrade
Dividend Per Share	0.020	0.020	-	0.100	0.100	0.100	Upgrade
Gross Margin	10.21%	10.42%	5.65%	18.77%	26.24%	23.69%	Upgrade
Operating Margin	1.85%	2.19%	-3.80%	9.34%	17.41%	13.87%	Upgrade
Profit Margin	0.58%	0.61%	-6.76%	6.34%	13.64%	9.50%	Upgrade
Free Cash Flow Margin	1.84%	2.97%	-1.02%	8.65%	17.60%	7.47%	Upgrade
EBITDA	1,067	1,066	338.37	2,107	2,635	1,856	Upgrade
EBITDA Margin	9.42%	9.56%	2.95%	14.77%	21.93%	19.88%	Upgrade
D&A For EBITDA	858.11	821.91	773.64	775.32	543.65	561	Upgrade
EBIT	209.17	244.21	-435.27	1,332	2,092	1,295	Upgrade
EBIT Margin	1.85%	2.19%	-3.80%	9.34%	17.41%	13.87%	Upgrade
Effective Tax Rate	63.68%	55.78%	-	17.72%	15.77%	16.53%	Upgrade
Revenue as Reported	11,327	11,156	11,465	14,262	12,015	9,335	Upgrade

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