Zhuzhou Times New Material Technology Co., Ltd. (SHA:600458)

SHA:600458 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	19,881	19,928	17,392	14,872	13,879	14,946
Other Revenue	127.29	127.29	145.64	162.51	171.39	134.43
Revenue	20,008	20,055	17,538	15,035	14,051	15,080
Revenue Growth (YoY)	12.86%	14.35%	16.65%	7.00%	-6.83%	27.02%
Cost of Revenue	17,024	17,036	14,912	13,255	12,195	12,415
Gross Profit	2,985	3,019	2,626	1,780	1,856	2,665
Selling, General & Admin	1,451	1,462	1,376	929.28	975.69	1,269
Research & Development	988.37	993.27	818.42	677.79	622.1	690.5
Other Operating Expenses	-114.37	-103.23	-34.83	49.37	56	67.35
Operating Expenses	2,317	2,401	2,180	1,654	1,654	2,115
Operating Income	667.67	617.85	446.52	126.29	202.09	550.04
Interest Expense	-94.9	-86.28	-70.2	-66.96	-58.35	-87.82
Interest & Investment Income	41.75	35.57	37.57	27.33	21.61	24.32
Currency Exchange Gain (Loss)	20.4	20.4	8.87	54.92	-23.57	-53.33
Other Non Operating Income (Expenses)	-68.18	-32.17	-5.34	-14.22	-4.07	-27.2
EBT Excluding Unusual Items	566.75	555.37	417.42	127.35	137.72	406.02
Gain (Loss) on Sale of Investments	5.05	-0.31	-0.45	0.41	-0.94	-14.2
Gain (Loss) on Sale of Assets	31.69	20.68	-6.37	95.48	1.02	2.06
Asset Writedown	-56.52	-52.69	-16.17	-49.63	-0.78	-106.29
Other Unusual Items	11.63	-2.12	4.72	111.01	137.97	106.14
Pretax Income	558.6	520.93	399.15	284.62	274.98	393.72
Income Tax Expense	89.41	86.98	72.64	33.95	57.1	71.9
Earnings From Continuing Operations	469.19	433.95	326.51	250.67	217.88	321.82
Minority Interest in Earnings	7.22	10.91	59.64	105.88	-36.44	4.77
Net Income	476.42	444.86	386.16	356.55	181.44	326.6
Net Income to Common	476.42	444.86	386.16	356.55	181.44	326.6
Net Income Growth	19.77%	15.20%	8.30%	96.51%	-44.45%	262.46%
Shares Outstanding (Basic)	819	809	804	810	789	797
Shares Outstanding (Diluted)	834	824	804	810	789	797
Shares Change (YoY)	4.80%	2.40%	-0.72%	2.72%	-0.97%	-2.75%
EPS (Basic)	0.58	0.55	0.48	0.44	0.23	0.41
EPS (Diluted)	0.57	0.54	0.48	0.44	0.23	0.41
EPS Growth	14.28%	12.50%	9.09%	91.30%	-43.90%	272.73%
Free Cash Flow	84.78	-96.17	240.72	-1,070	-84.96	2,042
Free Cash Flow Per Share	0.10	-0.12	0.30	-1.32	-0.11	2.56
Dividend Per Share	0.216	0.216	0.185	0.135	0.080	0.125
Dividend Growth	16.76%	16.76%	37.04%	68.75%	-36.00%	400.00%
Gross Margin	14.92%	15.05%	14.97%	11.84%	13.21%	17.67%
Operating Margin	3.34%	3.08%	2.55%	0.84%	1.44%	3.65%
Profit Margin	2.38%	2.22%	2.20%	2.37%	1.29%	2.17%
Free Cash Flow Margin	0.42%	-0.48%	1.37%	-7.12%	-0.60%	13.54%
EBITDA	1,239	1,170	925.63	520.43	622.5	976.98
EBITDA Margin	6.19%	5.84%	5.28%	3.46%	4.43%	6.48%
D&A For EBITDA	570.97	552.59	479.11	394.14	420.41	426.94
EBIT	667.67	617.85	446.52	126.29	202.09	550.04
EBIT Margin	3.34%	3.08%	2.55%	0.84%	1.44%	3.65%
Effective Tax Rate	16.01%	16.70%	18.20%	11.93%	20.77%	18.26%
Revenue as Reported	20,008	20,055	17,538	15,035	14,051	15,080
Advertising Expenses	-	16.8	9.54	4	3.75	4.72

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.