Tieliu Co,.Ltd (SHA:603926)

Tieliu Co,.Ltd 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	2,351	2,340	2,141	2,038	1,803	1,458
Other Revenue	59.73	59.73	58.16	57.68	75.14	49.6
Revenue	2,410	2,400	2,200	2,096	1,879	1,508
Revenue Growth (YoY)	2.82%	9.12%	4.94%	11.58%	24.57%	3.24%
Cost of Revenue	2,038	2,002	1,859	1,768	1,431	1,126
Gross Profit	372.64	397.89	340.56	328.39	447.99	381.51
Selling, General & Admin	200.7	213.59	201.8	218.79	188.2	152.77
Research & Development	60.34	57.33	57.3	47.35	57.98	44.61
Other Operating Expenses	14.91	13.15	10.65	12.3	8.9	8.12
Operating Expenses	276.63	289.44	268.26	276.74	258.47	209.96
Operating Income	96	108.45	72.3	51.65	189.52	171.55
Interest Expense	-12.56	-14.15	-11.02	-11.34	-6.95	-7.26
Interest & Investment Income	24.79	23.32	17.08	8.12	9.71	10.4
Currency Exchange Gain (Loss)	-5.75	-5.75	7.63	17.82	-14.6	-1.11
Other Non Operating Income (Expenses)	14.26	-1.17	-1.48	-0.03	6.35	-0.7
EBT Excluding Unusual Items	116.75	110.68	84.51	66.23	184.02	172.88
Impairment of Goodwill	-	-	-2.82	-	-	-
Gain (Loss) on Sale of Investments	-0.02	-0.37	2.02	-0.27	0.84	-
Gain (Loss) on Sale of Assets	-0.5	-3.84	0.06	0.48	-3.5	14.64
Asset Writedown	-11.97	-	-	-	-	-
Other Unusual Items	10.92	9.27	19.38	16.89	12.17	9.88
Pretax Income	115.18	115.74	103.16	83.33	193.53	197.4
Income Tax Expense	19.86	16.8	6.52	1.29	19.73	35.96
Earnings From Continuing Operations	95.32	98.94	96.64	82.04	173.8	161.44
Minority Interest in Earnings	6.41	4.17	1.65	1.68	2.73	-0.07
Net Income	101.73	103.11	98.29	83.72	176.53	161.37
Net Income to Common	101.73	103.11	98.29	83.72	176.53	161.37
Net Income Growth	5.19%	4.90%	17.40%	-52.58%	9.40%	33.26%
Shares Outstanding (Basic)	231	229	229	233	215	206
Shares Outstanding (Diluted)	231	229	229	233	215	206
Shares Change (YoY)	0.47%	0.24%	-1.71%	8.02%	4.67%	0.60%
EPS (Basic)	0.44	0.45	0.43	0.36	0.82	0.78
EPS (Diluted)	0.44	0.45	0.43	0.36	0.82	0.78
EPS Growth	4.69%	4.65%	19.44%	-56.10%	4.51%	32.47%
Free Cash Flow	172.43	116.71	215.52	95.82	50.44	109.84
Free Cash Flow Per Share	0.75	0.51	0.94	0.41	0.23	0.53
Dividend Per Share	0.260	0.260	0.380	0.110	0.131	0.385
Dividend Growth	-31.58%	-31.58%	245.45%	-15.90%	-65.99%	66.64%
Gross Margin	15.46%	16.58%	15.48%	15.67%	23.85%	25.30%
Operating Margin	3.98%	4.52%	3.29%	2.46%	10.09%	11.38%
Profit Margin	4.22%	4.30%	4.47%	3.99%	9.40%	10.70%
Free Cash Flow Margin	7.15%	4.86%	9.80%	4.57%	2.69%	7.28%
EBITDA	195.52	203.83	162.19	133.31	267.29	240.21
EBITDA Margin	8.11%	8.49%	7.37%	6.36%	14.23%	15.93%
D&A For EBITDA	99.51	95.39	89.89	81.66	77.77	68.66
EBIT	96	108.45	72.3	51.65	189.52	171.55
EBIT Margin	3.98%	4.52%	3.29%	2.46%	10.09%	11.38%
Effective Tax Rate	17.24%	14.52%	6.32%	1.55%	10.20%	18.22%
Revenue as Reported	2,410	2,400	2,200	2,096	1,879	1,508
Advertising Expenses	-	1.94	2.04	1.26	0.77	0.42

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