Zhejiang Tony Electronic Co., Ltd (SHA:603595)

Zhejiang Tony Electronic 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	1,859	1,838	1,715	1,789	1,339	924.89
Other Revenue	143.02	143.02	121.49	99.84	-	3.21
Revenue	2,002	1,981	1,836	1,889	1,339	928.1
Revenue Growth (YoY)	4.66%	7.86%	-2.76%	41.04%	44.27%	40.45%
Cost of Revenue	1,726	1,747	2,066	1,583	1,096	738.78
Gross Profit	276.47	233.77	-229.31	305.19	242.8	189.32
Selling, General & Admin	121.92	110.22	95.89	89.38	65.8	59.92
Research & Development	218.82	236.37	360.27	134.69	97.46	72.27
Other Operating Expenses	56.84	17.71	13.88	15.42	11.1	0.72
Operating Expenses	402.8	365.91	475.85	239.53	186.94	145.69
Operating Income	-126.33	-132.14	-705.17	65.66	55.86	43.63
Interest Expense	-71.43	-109.67	-123.28	-67.59	-46.07	-29.31
Interest & Investment Income	0.4	0.83	2.51	2.54	1.62	4.67
Currency Exchange Gain (Loss)	15.93	15.93	-1.01	21.23	-5.58	2.68
Other Non Operating Income (Expenses)	-45.43	-5.42	-6.24	-1.87	-1.27	-0.41
EBT Excluding Unusual Items	-226.86	-230.46	-833.18	19.96	4.55	21.25
Gain (Loss) on Sale of Assets	0.4	0.43	-0.57	-1.6	0.34	-2.18
Asset Writedown	45.32	-	-179.4	-	-	-
Other Unusual Items	146.29	146.29	32.41	43.24	22.19	32.96
Pretax Income	-34.86	-83.74	-980.74	61.6	27.09	52.04
Income Tax Expense	-47.05	-45.6	-148.85	-15	-6.32	4.2
Earnings From Continuing Operations	12.2	-38.14	-831.89	76.6	33.41	47.83
Minority Interest in Earnings	27.32	49.65	224.67	2.37	-	-
Net Income	39.52	11.52	-607.22	78.97	33.41	47.83
Net Income to Common	39.52	11.52	-607.22	78.97	33.41	47.83
Net Income Growth	-	-	-	136.33%	-30.14%	-
Shares Outstanding (Basic)	235	230	233	232	209	217
Shares Outstanding (Diluted)	235	230	233	232	209	217
Shares Change (YoY)	-0.16%	-0.98%	0.17%	11.21%	-3.95%	6.92%
EPS (Basic)	0.17	0.05	-2.61	0.34	0.16	0.22
EPS (Diluted)	0.17	0.05	-2.61	0.34	0.16	0.22
EPS Growth	-	-	-	112.50%	-27.27%	-
Free Cash Flow	365.55	630.95	-1,224	-910.92	-598.97	-290.01
Free Cash Flow Per Share	1.55	2.74	-5.26	-3.92	-2.87	-1.33
Dividend Per Share	0.015	0.015	-	0.046	0.014	0.022
Dividend Growth	-	-	-	223.30%	-36.00%	-
Gross Margin	13.81%	11.80%	-12.49%	16.16%	18.13%	20.40%
Operating Margin	-6.31%	-6.67%	-38.40%	3.48%	4.17%	4.70%
Profit Margin	1.97%	0.58%	-33.07%	4.18%	2.50%	5.15%
Free Cash Flow Margin	18.26%	31.85%	-66.67%	-48.23%	-44.73%	-31.25%
EBITDA	132.98	104.17	-499.52	212.24	167.92	119.62
EBITDA Margin	6.64%	5.26%	-27.20%	11.24%	12.54%	12.89%
D&A For EBITDA	259.31	236.31	205.65	146.59	112.07	76
EBIT	-126.33	-132.14	-705.17	65.66	55.86	43.63
EBIT Margin	-6.31%	-6.67%	-38.40%	3.48%	4.17%	4.70%
Effective Tax Rate	-	-	-	-	-	8.08%
Revenue as Reported	2,002	1,981	1,836	1,889	1,339	928.1
Advertising Expenses	-	0.23	0.22	0.19	0.18	0.07

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