TSI Group 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	1,055	999.14	889.77	945.33
Other Revenue	2.72	2.72	2.12	1.91
Revenue	1,058	1,002	891.89	947.24
Revenue Growth (YoY)	18.63%	12.33%	-5.84%	-
Cost of Revenue	608.54	568.45	507.43	582.9
Gross Profit	449.49	433.41	384.46	364.34
Selling, General & Admin	224.42	184.09	163.4	148.54
Research & Development	51.12	49.73	43.03	42.42
Other Operating Expenses	7.12	5.17	5	4.31
Operating Expenses	283.66	239.33	212.99	194.48
Operating Income	165.84	194.07	171.48	169.86
Interest Expense	-2.15	-2.22	-2.05	-4.69
Interest & Investment Income	3.42	3.83	2.39	1.98
Currency Exchange Gain (Loss)	3.41	3.41	7.24	4.67
Other Non Operating Income (Expenses)	0.34	-1.07	-1.53	-1.23
EBT Excluding Unusual Items	170.85	198.02	177.53	170.59
Gain (Loss) on Sale of Investments	1.08	-0.01	0.56	-0.05
Gain (Loss) on Sale of Assets	0.01	-0.41	0.16	-0
Asset Writedown	2.37	-0.07	-0.11	-5.4
Other Unusual Items	2.46	2.53	6.53	3.13
Pretax Income	176.77	200.06	184.68	168.27
Income Tax Expense	21.37	24.72	24.17	24.66
Earnings From Continuing Operations	155.4	175.34	160.51	143.61
Minority Interest in Earnings	-1.06	-0.9	-0.49	-1.54
Net Income	154.33	174.44	160.02	142.07
Net Income to Common	154.33	174.44	160.02	142.07
Net Income Growth	-3.55%	9.02%	12.63%	-
Shares Outstanding (Basic)	359	349	348	347
Shares Outstanding (Diluted)	359	349	348	347
Shares Change (YoY)	3.27%	0.29%	0.39%	-
EPS (Basic)	0.43	0.50	0.46	0.41
EPS (Diluted)	0.43	0.50	0.46	0.41
EPS Growth	-6.61%	8.70%	12.20%	-
Free Cash Flow	82.68	119.51	116.62	101.97
Free Cash Flow Per Share	0.23	0.34	0.34	0.29
Gross Margin	42.48%	43.26%	43.11%	38.46%
Operating Margin	15.67%	19.37%	19.23%	17.93%
Profit Margin	14.59%	17.41%	17.94%	15.00%
Free Cash Flow Margin	7.81%	11.93%	13.08%	10.76%
EBITDA	212.82	238.52	207.37	200
EBITDA Margin	20.11%	23.81%	23.25%	21.11%
D&A For EBITDA	46.98	44.44	35.89	30.14
EBIT	165.84	194.07	171.48	169.86
EBIT Margin	15.67%	19.37%	19.23%	17.93%
Effective Tax Rate	12.09%	12.35%	13.09%	14.66%
Revenue as Reported	1,058	1,002	891.89	947.24

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