Tieliu Co,.Ltd (SHA:603926)

Tieliu Co,.Ltd Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	2,398	2,382	2,340	2,141	2,038	1,803
Other Revenue	-	-	59.73	58.16	57.68	75.14
Revenue	2,398	2,382	2,400	2,200	2,096	1,879
Revenue Growth (YoY)	0.32%	-0.77%	9.12%	4.94%	11.58%	24.57%
Cost of Revenue	1,982	1,983	2,002	1,859	1,768	1,431
Gross Profit	415.29	399.05	397.89	340.56	328.39	447.99
Selling, General & Admin	206.77	212.38	213.59	201.8	218.79	188.2
Research & Development	59.27	60.67	57.33	57.3	47.35	57.98
Other Operating Expenses	1.88	0.72	13.15	10.65	12.3	8.9
Operating Expenses	267.93	273.77	289.44	268.26	276.74	258.47
Operating Income	147.37	125.28	108.45	72.3	51.65	189.52
Interest Expense	-	-	-14.15	-11.02	-11.34	-6.95
Interest & Investment Income	8.54	8.15	23.32	17.08	8.12	9.71
Currency Exchange Gain (Loss)	-	-	-5.75	7.63	17.82	-14.6
Other Non Operating Income (Expenses)	-4.52	14.32	-1.17	-1.48	-0.03	6.35
EBT Excluding Unusual Items	151.39	147.76	110.68	84.51	66.23	184.02
Impairment of Goodwill	-	-	-	-2.82	-	-
Gain (Loss) on Sale of Investments	3.58	1.45	-0.37	2.02	-0.27	0.84
Gain (Loss) on Sale of Assets	-1.95	-1.15	-3.84	0.06	0.48	-3.5
Asset Writedown	-73	-70.89	-	-	-	-
Other Unusual Items	-	-	9.27	19.38	16.89	12.17
Pretax Income	80.02	77.17	115.74	103.16	83.33	193.53
Income Tax Expense	5.71	7.14	16.8	6.52	1.29	19.73
Earnings From Continuing Operations	74.32	70.03	98.94	96.64	82.04	173.8
Minority Interest in Earnings	6.23	7.44	4.17	1.65	1.68	2.73
Net Income	80.55	77.48	103.11	98.29	83.72	176.53
Net Income to Common	80.55	77.48	103.11	98.29	83.72	176.53
Net Income Growth	-21.70%	-24.86%	4.90%	17.40%	-52.58%	9.40%
Shares Outstanding (Basic)	236	235	229	229	233	215
Shares Outstanding (Diluted)	236	235	229	229	233	215
Shares Change (YoY)	3.41%	2.46%	0.24%	-1.71%	8.02%	4.67%
EPS (Basic)	0.34	0.33	0.45	0.43	0.36	0.82
EPS (Diluted)	0.34	0.33	0.45	0.43	0.36	0.82
EPS Growth	-24.28%	-26.67%	4.65%	19.44%	-56.10%	4.51%
Free Cash Flow	233.63	174.43	116.71	215.52	95.82	50.44
Free Cash Flow Per Share	0.99	0.74	0.51	0.94	0.41	0.23
Dividend Per Share	-	-	0.260	0.380	0.110	0.131
Dividend Growth	-	-	-31.58%	245.45%	-15.90%	-65.99%
Gross Margin	17.32%	16.75%	16.58%	15.48%	15.67%	23.85%
Operating Margin	6.15%	5.26%	4.52%	3.29%	2.46%	10.09%
Profit Margin	3.36%	3.25%	4.30%	4.47%	3.99%	9.40%
Free Cash Flow Margin	9.74%	7.32%	4.86%	9.80%	4.57%	2.69%
EBITDA	256.87	231.96	203.83	162.19	133.31	267.29
EBITDA Margin	10.71%	9.74%	8.49%	7.37%	6.36%	14.23%
D&A For EBITDA	109.5	106.68	95.39	89.89	81.66	77.77
EBIT	147.37	125.28	108.45	72.3	51.65	189.52
EBIT Margin	6.15%	5.26%	4.52%	3.29%	2.46%	10.09%
Effective Tax Rate	7.13%	9.25%	14.52%	6.32%	1.55%	10.20%
Revenue as Reported	-	-	2,400	2,200	2,096	1,879
Advertising Expenses	-	-	1.94	2.04	1.26	0.77

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