Ningbo Techmation Co.,Ltd. (SHA:603015)

Ningbo Techmation 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	776.55	813.02	690.18	710.08	934.97	735.64
Other Revenue	30.16	30.16	31.24	22.88	-	14.03
Revenue	806.71	843.18	721.42	732.96	934.97	749.68
Revenue Growth (YoY)	-4.10%	16.88%	-1.57%	-21.61%	24.72%	24.83%
Cost of Revenue	525.75	545.2	464.31	495.9	626.24	488.64
Gross Profit	280.96	297.98	257.11	237.05	308.74	261.04
Selling, General & Admin	160.1	153.87	139.47	134.81	134.55	122.26
Research & Development	68.41	64.97	69.04	64.49	67.2	61.16
Other Operating Expenses	-7.81	-6.53	-8.45	-7.7	-15.31	-16.34
Operating Expenses	214.16	215.29	204.03	193.86	184.55	169.65
Operating Income	66.8	82.69	53.08	43.19	124.19	91.39
Interest Expense	-12.8	-12.82	-11.31	-13.95	-9.82	-7.4
Interest & Investment Income	14.54	17.81	13.75	8.35	11.68	13.35
Currency Exchange Gain (Loss)	4.4	4.4	3.68	11.95	-1.02	-7.71
Other Non Operating Income (Expenses)	1.57	-1.22	-0.6	-0.95	-1.91	-0.93
EBT Excluding Unusual Items	74.52	90.86	58.6	48.59	123.12	88.7
Impairment of Goodwill	-	-	-	-	-15.72	-15.09
Gain (Loss) on Sale of Investments	-17.34	-9.5	-0.5	9.37	-0.82	-1.54
Gain (Loss) on Sale of Assets	-0.09	-0.08	0.29	0.6	-0.05	0
Asset Writedown	-1.04	0.01	-	-	0	-0.2
Other Unusual Items	-6.56	-6.56	10.81	0.58	-0.88	0.74
Pretax Income	49.49	74.74	69.19	59.13	105.65	72.61
Income Tax Expense	7.64	14.21	5.62	10.06	20.98	12.75
Earnings From Continuing Operations	41.85	60.53	63.57	49.07	84.67	59.86
Minority Interest in Earnings	4.57	3.29	0.39	-1.36	4.16	2.05
Net Income	46.42	63.82	63.97	47.72	88.83	61.91
Net Income to Common	46.42	63.82	63.97	47.72	88.83	61.91
Net Income Growth	-41.95%	-0.24%	34.06%	-46.28%	43.47%	86.81%
Shares Outstanding (Basic)	390	399	400	398	404	413
Shares Outstanding (Diluted)	390	399	400	398	404	413
Shares Change (YoY)	-1.28%	-0.24%	0.55%	-1.52%	-2.18%	-0.37%
EPS (Basic)	0.12	0.16	0.16	0.12	0.22	0.15
EPS (Diluted)	0.12	0.16	0.16	0.12	0.22	0.15
EPS Growth	-41.20%	-	33.33%	-45.45%	46.67%	87.50%
Free Cash Flow	31.13	79.91	120.45	4.88	-76.29	-25.97
Free Cash Flow Per Share	0.08	0.20	0.30	0.01	-0.19	-0.06
Dividend Per Share	0.050	0.050	0.150	0.050	0.100	0.100
Dividend Growth	-66.67%	-66.67%	200.00%	-50.00%	-	-
Gross Margin	34.83%	35.34%	35.64%	32.34%	33.02%	34.82%
Operating Margin	8.28%	9.81%	7.36%	5.89%	13.28%	12.19%
Profit Margin	5.75%	7.57%	8.87%	6.51%	9.50%	8.26%
Free Cash Flow Margin	3.86%	9.48%	16.70%	0.67%	-8.16%	-3.46%
EBITDA	96.5	113.59	85.58	75.07	148.27	114.26
EBITDA Margin	11.96%	13.47%	11.86%	10.24%	15.86%	15.24%
D&A For EBITDA	29.7	30.9	32.5	31.87	24.09	22.87
EBIT	66.8	82.69	53.08	43.19	124.19	91.39
EBIT Margin	8.28%	9.81%	7.36%	5.89%	13.28%	12.19%
Effective Tax Rate	15.44%	19.01%	8.12%	17.01%	19.86%	17.56%
Revenue as Reported	806.71	843.18	721.42	732.96	934.97	749.68

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