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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,330	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	2,390	2,400	2,200	2,096	1,879	1,508
Revenue Growth (YoY)	5.79%	9.12%	4.94%	11.58%	24.57%	3.24%
Cost of Revenue	2,003	2,002	1,859	1,768	1,431	1,126
Gross Profit	387.56	397.89	340.56	328.39	447.99	381.51
Selling, General & Admin	215.38	213.59	201.8	218.79	188.2	152.77
Research & Development	60.03	57.33	57.3	47.35	57.98	44.61
Other Operating Expenses	11.92	13.15	10.65	12.3	8.9	8.12
Operating Expenses	290.04	289.44	268.26	276.74	258.47	209.96
Operating Income	97.52	108.45	72.3	51.65	189.52	171.55
Interest Expense	-13.37	-14.15	-11.02	-11.34	-6.95	-7.26
Interest & Investment Income	19.05	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)	8.29	-1.17	-1.48	-0.03	6.35	-0.7
EBT Excluding Unusual Items	105.74	110.68	84.51	66.23	184.02	172.88
Impairment of Goodwill	-	-	-2.82	-	-	-
Gain (Loss) on Sale of Investments	-0.19	-0.37	2.02	-0.27	0.84	-
Gain (Loss) on Sale of Assets	-1.21	-3.84	0.06	0.48	-3.5	14.64
Asset Writedown	2.63	-	-	-	-	-
Other Unusual Items	8.82	9.27	19.38	16.89	12.17	9.88
Pretax Income	115.8	115.74	103.16	83.33	193.53	197.4
Income Tax Expense	18.15	16.8	6.52	1.29	19.73	35.96
Earnings From Continuing Operations	97.64	98.94	96.64	82.04	173.8	161.44
Minority Interest in Earnings	5.22	4.17	1.65	1.68	2.73	-0.07
Net Income	102.87	103.11	98.29	83.72	176.53	161.37
Net Income to Common	102.87	103.11	98.29	83.72	176.53	161.37
Net Income Growth	0.57%	4.90%	17.40%	-52.58%	9.40%	33.26%
Shares Outstanding (Basic)	229	229	229	233	215	206
Shares Outstanding (Diluted)	229	229	229	233	215	206
Shares Change (YoY)	0.55%	0.24%	-1.71%	8.02%	4.67%	0.60%
EPS (Basic)	0.45	0.45	0.43	0.36	0.82	0.78
EPS (Diluted)	0.45	0.45	0.43	0.36	0.82	0.78
EPS Growth	0.03%	4.65%	19.44%	-56.10%	4.51%	32.47%
Free Cash Flow	130.87	116.71	215.52	95.82	50.44	109.84
Free Cash Flow Per Share	0.57	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	16.21%	16.58%	15.48%	15.67%	23.85%	25.30%
Operating Margin	4.08%	4.52%	3.29%	2.46%	10.09%	11.38%
Profit Margin	4.30%	4.30%	4.47%	3.99%	9.40%	10.70%
Free Cash Flow Margin	5.48%	4.86%	9.80%	4.57%	2.69%	7.28%
EBITDA	194.28	203.83	162.19	133.31	267.29	240.21
EBITDA Margin	8.13%	8.49%	7.37%	6.36%	14.23%	15.93%
D&A For EBITDA	96.76	95.39	89.89	81.66	77.77	68.66
EBIT	97.52	108.45	72.3	51.65	189.52	171.55
EBIT Margin	4.08%	4.52%	3.29%	2.46%	10.09%	11.38%
Effective Tax Rate	15.68%	14.52%	6.32%	1.55%	10.20%	18.22%
Revenue as Reported	2,390	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.