Tieliu Co,.Ltd Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,353	2,338	2,340	2,141	2,038	1,803
Other Revenue	46.65	43.94	59.73	58.16	57.68	75.14
Revenue	2,400	2,382	2,400	2,200	2,096	1,879
Revenue Growth	0.19%	-0.77%	9.12%	4.94%	11.58%	24.57%
Cost of Revenue	1,988	2,013	2,002	1,859	1,768	1,431
Gross Profit	411.41	368.47	397.89	340.56	328.39	447.99
Selling, General & Admin	199.68	211.09	213.59	201.8	218.79	188.2
Research & Development	58.57	60.67	57.33	57.3	47.35	57.98
Other Operating Expenses	16.93	11.63	13.15	10.65	12.3	8.9
Operating Expenses	281.09	282.09	289.44	268.26	276.74	258.47
Operating Income	130.32	86.37	108.45	72.3	51.65	189.52
Interest Expense	-9.37	-11.69	-14.15	-11.02	-11.34	-6.95
Interest & Investment Income	24.34	21.7	23.32	17.08	8.12	9.71
Currency Exchange Gain (Loss)	-32.01	10.72	-5.75	7.63	17.82	-14.6
Other Non Operating Income (Expenses)	-1.07	-1.3	-1.17	-1.48	-0.03	6.35
EBT Excluding Unusual Items	112.2	105.8	110.68	84.51	66.23	184.02
Impairment of Goodwill	-	-	-	-2.82	-	-
Gain (Loss) on Sale of Investments	3.98	1.45	-0.37	2.02	-0.27	0.84
Gain (Loss) on Sale of Assets	-0.89	-1.77	-3.84	0.06	0.48	-3.5
Asset Writedown	-32.09	-41.59	-	-	-	-
Other Unusual Items	17.2	13.28	9.27	19.38	16.89	12.17
Pretax Income	100.4	77.17	115.74	103.16	83.33	193.53
Income Tax Expense	11.13	7.14	16.8	6.52	1.29	19.73
Earnings From Continuing Operations	89.27	70.03	98.94	96.64	82.04	173.8
Minority Interest in Earnings	8.34	7.44	4.17	1.65	1.68	2.73
Net Income	97.61	77.48	103.11	98.29	83.72	176.53
Net Income to Common	97.61	77.48	103.11	98.29	83.72	176.53
Net Income Growth	2.95%	-24.86%	4.90%	17.40%	-52.58%	9.40%
Shares Outstanding (Basic)	233	235	229	229	233	215
Shares Outstanding (Diluted)	233	235	229	229	233	215
Shares Change	1.02%	2.46%	0.24%	-1.71%	8.02%	4.67%
EPS (Basic)	0.42	0.33	0.45	0.43	0.36	0.82
EPS (Diluted)	0.42	0.33	0.45	0.43	0.36	0.82
EPS Growth	1.92%	-26.67%	4.65%	19.44%	-56.10%	4.51%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	375.86	174.43	116.71	215.52	95.82	50.44
Free Cash Flow Per Share	1.61	0.74	0.51	0.94	0.41	0.23
Dividend Per Share	0.130	0.130	0.260	0.380	0.110	0.131
Dividend Growth	-50.00%	-50.00%	-31.58%	245.45%	-15.90%	-65.99%
Gross Margin	17.14%	15.47%	16.58%	15.48%	15.67%	23.85%
Operating Margin	5.43%	3.63%	4.52%	3.29%	2.46%	10.09%
Profit Margin	4.07%	3.25%	4.30%	4.47%	3.99%	9.40%
Free Cash Flow Margin	15.66%	7.32%	4.86%	9.80%	4.57%	2.69%
EBITDA	231.39	189.41	207.19	162.19	133.31	267.29
EBITDA Margin	9.64%	7.95%	8.63%	7.37%	6.36%	14.23%
D&A For EBITDA	101.07	103.03	98.74	89.89	81.66	77.77
EBIT	130.32	86.37	108.45	72.3	51.65	189.52
EBIT Margin	5.43%	3.63%	4.52%	3.29%	2.46%	10.09%
Effective Tax Rate	11.09%	9.25%	14.52%	6.32%	1.55%	10.20%
Revenue as Reported	2,400	2,382	2,400	2,200	2,096	1,879
Advertising Expenses	-	1.12	1.94	2.04	1.26	0.77