Ningbo Tianlong Electronics Co., Ltd. (SHA:603266)

SHA:603266 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	1,330	1,359	1,310	1,247	1,167	960.49
Other Revenue	8.03	8.03	7.56	7.27	17.55	12.82
Revenue	1,338	1,367	1,318	1,254	1,185	973.31
Revenue Growth (YoY)	-1.02%	3.72%	5.03%	5.87%	21.74%	5.91%
Cost of Revenue	1,043	1,065	1,025	984.45	938.77	743.19
Gross Profit	295.17	301.3	292.07	270.01	246.12	230.12
Selling, General & Admin	106.77	106.07	104.04	99.99	96.81	89.57
Research & Development	65.75	64.51	58.7	54.99	47.53	41.87
Other Operating Expenses	1.84	0.21	2.16	6.98	6.19	5.48
Operating Expenses	174.99	171.76	166.79	165.5	151.54	139.92
Operating Income	120.18	129.54	125.29	104.51	94.58	90.19
Interest Expense	-2.19	-2.4	-3.16	-2.32	-2.8	-
Interest & Investment Income	3.28	4.45	2.78	6.5	10.65	9.88
Currency Exchange Gain (Loss)	1.29	1.29	2.06	4.44	-1.75	-3.43
Other Non Operating Income (Expenses)	0.02	-0.44	-0.43	-0.6	-0.49	-0.46
EBT Excluding Unusual Items	122.58	132.44	126.53	112.53	100.19	96.19
Gain (Loss) on Sale of Investments	-18.57	-19.46	-13.53	12.52	-1.07	0.6
Gain (Loss) on Sale of Assets	0.37	0.52	1.62	0.43	0.49	0.96
Asset Writedown	-0.18	-0.16	-0.21	-0.12	-0.13	-0.39
Other Unusual Items	8.81	8.81	7.68	6.21	6.75	5.52
Pretax Income	113.01	122.14	122.09	131.56	106.24	102.9
Income Tax Expense	10.19	11.96	10.59	8.66	8.28	10.02
Earnings From Continuing Operations	102.82	110.18	111.5	122.91	97.96	92.88
Minority Interest in Earnings	-	-	-	-	-	-0.11
Net Income	102.82	110.18	111.5	122.91	97.96	92.77
Net Income to Common	102.82	110.18	111.5	122.91	97.96	92.77
Net Income Growth	-11.12%	-1.18%	-9.28%	25.47%	5.59%	42.48%
Shares Outstanding (Basic)	201	200	199	198	196	197
Shares Outstanding (Diluted)	201	200	199	198	200	197
Shares Change (YoY)	2.49%	0.62%	0.44%	-0.84%	1.28%	0.04%
EPS (Basic)	0.51	0.55	0.56	0.62	0.50	0.47
EPS (Diluted)	0.51	0.55	0.56	0.62	0.49	0.47
EPS Growth	-13.28%	-1.79%	-9.68%	26.53%	4.25%	42.42%
Free Cash Flow	125.45	121.08	177.3	89.43	80.88	87.89
Free Cash Flow Per Share	0.62	0.60	0.89	0.45	0.41	0.45
Dividend Per Share	0.170	0.170	0.170	0.130	0.110	0.100
Dividend Growth	-	-	30.77%	18.18%	10.00%	42.86%
Gross Margin	22.06%	22.05%	22.17%	21.52%	20.77%	23.64%
Operating Margin	8.98%	9.48%	9.51%	8.33%	7.98%	9.27%
Profit Margin	7.68%	8.06%	8.46%	9.80%	8.27%	9.53%
Free Cash Flow Margin	9.38%	8.86%	13.46%	7.13%	6.83%	9.03%
EBITDA	178.44	187.23	180.69	155.02	141.82	134.15
EBITDA Margin	13.33%	13.70%	13.71%	12.36%	11.97%	13.78%
D&A For EBITDA	58.26	57.69	55.41	50.51	47.23	43.96
EBIT	120.18	129.54	125.29	104.51	94.58	90.19
EBIT Margin	8.98%	9.48%	9.51%	8.33%	7.98%	9.27%
Effective Tax Rate	9.02%	9.79%	8.68%	6.58%	7.79%	9.74%
Revenue as Reported	1,338	1,367	1,318	1,254	1,185	973.31

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