TBEA Co., Ltd. (SHA:600089)

TBEA Co., Ltd. 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	96,607	95,999	96,342	94,597	67,586	43,873
Other Revenue	1,784	1,784	1,781	1,797	1,381	725.14
Revenue	98,391	97,782	98,123	96,394	68,968	44,598
Revenue Growth (YoY)	1.60%	-0.35%	1.79%	39.77%	54.64%	20.60%
Cost of Revenue	82,307	81,319	72,242	59,456	49,487	35,733
Gross Profit	16,084	16,464	25,882	36,937	19,481	8,865
Selling, General & Admin	6,969	6,740	6,057	5,450	4,796	4,023
Research & Development	1,459	1,354	1,284	1,312	1,138	870.13
Other Operating Expenses	1,078	916.81	897.04	1,407	877.92	573.52
Operating Expenses	9,356	9,160	7,731	9,152	7,005	5,670
Operating Income	6,728	7,303	18,151	27,786	12,476	3,195
Interest Expense	-1,626	-1,592	-1,518	-1,450	-1,429	-1,281
Interest & Investment Income	1,435	1,163	621.75	576.91	715.8	1,224
Currency Exchange Gain (Loss)	-33.04	-33.04	16.85	341.19	29.95	-118.86
Other Non Operating Income (Expenses)	-280.8	-141.67	-89.21	-57.8	-53.45	-160.59
EBT Excluding Unusual Items	6,223	6,700	17,183	27,196	11,738	2,859
Gain (Loss) on Sale of Investments	1,480	-188.07	-22.11	-507.65	388.44	115.61
Gain (Loss) on Sale of Assets	99.07	121.51	-88.4	-9.93	26.07	286.83
Asset Writedown	-1,391	-2,158	-621.52	-477.56	-661.93	-79.62
Other Unusual Items	620.87	545.9	450.54	378.6	340.83	406.74
Pretax Income	7,031	5,022	16,901	26,579	11,832	3,588
Income Tax Expense	2,195	1,424	2,808	3,694	1,734	456.03
Earnings From Continuing Operations	4,837	3,598	14,093	22,885	10,098	3,132
Minority Interest in Earnings	482.93	536.84	-3,390	-6,971	-2,843	-684.05
Net Income	5,319	4,135	10,703	15,914	7,255	2,448
Preferred Dividends & Other Adjustments	137.79	137.79	86.75	185.49	232.81	292.83
Net Income to Common	5,182	3,997	10,616	15,729	7,022	2,155
Net Income Growth	-5.45%	-61.37%	-32.75%	119.36%	196.34%	21.29%
Shares Outstanding (Basic)	5,020	5,020	4,444	4,955	4,852	4,828
Shares Outstanding (Diluted)	5,020	5,020	4,444	4,955	4,852	4,828
Shares Change (YoY)	-0.02%	12.96%	-10.32%	2.13%	0.50%	0.00%
EPS (Basic)	1.03	0.80	2.39	3.17	1.45	0.45
EPS (Diluted)	1.03	0.80	2.39	3.17	1.45	0.45
EPS Growth	-6.43%	-66.67%	-24.74%	119.32%	224.19%	23.59%
Free Cash Flow	-6,363	-4,008	6,908	2,303	169.03	-2,106
Free Cash Flow Per Share	-1.27	-0.80	1.55	0.47	0.04	-0.44
Dividend Per Share	0.250	0.250	0.200	0.862	0.446	0.162
Dividend Growth	25.00%	25.00%	-76.78%	93.08%	176.28%	27.27%
Gross Margin	16.35%	16.84%	26.38%	38.32%	28.25%	19.88%
Operating Margin	6.84%	7.47%	18.50%	28.82%	18.09%	7.17%
Profit Margin	5.27%	4.09%	10.82%	16.32%	10.18%	4.83%
Free Cash Flow Margin	-6.47%	-4.10%	7.04%	2.39%	0.24%	-4.72%
EBITDA	12,943	12,944	23,026	32,060	16,127	5,751
EBITDA Margin	13.15%	13.24%	23.47%	33.26%	23.38%	12.90%
D&A For EBITDA	6,215	5,641	4,875	4,275	3,651	2,556
EBIT	6,728	7,303	18,151	27,786	12,476	3,195
EBIT Margin	6.84%	7.47%	18.50%	28.82%	18.09%	7.17%
Effective Tax Rate	31.21%	28.35%	16.61%	13.90%	14.66%	12.71%
Revenue as Reported	98,486	97,867	98,206	96,510	69,032	44,669
Advertising Expenses	-	100.21	86.83	40.42	25.05	18.9

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