Traffic Control Technology Co., Ltd. (SHA:688015)

SHA:688015 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	2,161	2,181	1,985	2,465	2,582	2,026
Other Revenue	5.11	5.11	9.34	2.6	0.48	-
Revenue	2,166	2,186	1,995	2,468	2,582	2,026
Revenue Growth (YoY)	2.04%	9.59%	-19.17%	-4.43%	27.44%	22.67%
Cost of Revenue	1,450	1,493	1,316	1,532	1,664	1,371
Gross Profit	715.94	693.32	678.58	935.32	918.62	655.24
Selling, General & Admin	318.96	322.54	304.67	329.45	341.73	246.77
Research & Development	272.08	266.72	281.42	304.83	271.73	173.25
Other Operating Expenses	-5.22	-9.85	-1.59	-6.1	-15.13	-7.95
Operating Expenses	625.7	603.85	625.77	718.36	624.34	436.06
Operating Income	90.24	89.47	52.81	216.96	294.28	219.18
Interest Expense	-2.4	-2.88	-4.62	-6.11	-9.37	-1.89
Interest & Investment Income	17.42	17.46	20.95	27.55	17.28	18
Currency Exchange Gain (Loss)	-	-	-	0	-	0.51
Other Non Operating Income (Expenses)	-10.01	-9.36	-5.9	-10.51	-6.46	-8.81
EBT Excluding Unusual Items	95.26	94.68	63.24	227.89	295.73	227
Gain (Loss) on Sale of Investments	-0.96	-3.5	13.04	9	3.57	1.22
Gain (Loss) on Sale of Assets	4.95	4.93	8.54	-0.16	-0.42	-0.87
Asset Writedown	6.86	3.71	-2.65	-6.09	-1.03	0.36
Other Unusual Items	37.18	37.18	40.24	32.83	28.46	36.29
Pretax Income	143.27	137	122.41	263.48	326.3	264.01
Income Tax Expense	1.11	-2.56	-4.71	4.77	29.4	24.12
Earnings From Continuing Operations	142.16	139.56	127.12	258.71	296.9	239.89
Minority Interest in Earnings	-53.3	-55.99	-38.13	-29.21	-5.89	-3.09
Net Income	88.86	83.57	88.99	229.49	291.01	236.79
Net Income to Common	88.86	83.57	88.99	229.49	291.01	236.79
Net Income Growth	-2.65%	-6.09%	-61.22%	-21.14%	22.89%	86.02%
Shares Outstanding (Basic)	195	190	189	188	166	160
Shares Outstanding (Diluted)	195	190	189	190	168	161
Shares Change (YoY)	6.39%	0.32%	-0.17%	12.75%	4.42%	17.69%
EPS (Basic)	0.46	0.44	0.47	1.22	1.75	1.48
EPS (Diluted)	0.46	0.44	0.47	1.21	1.73	1.47
EPS Growth	-8.50%	-6.38%	-61.16%	-30.06%	17.69%	58.06%
Free Cash Flow	297.77	301.18	67.14	-334.44	-93.14	219.29
Free Cash Flow Per Share	1.53	1.59	0.35	-1.76	-0.55	1.36
Dividend Per Share	0.230	0.230	0.200	0.370	0.470	0.450
Dividend Growth	15.00%	15.00%	-45.95%	-21.28%	4.44%	87.50%
Gross Margin	33.06%	31.72%	34.02%	37.90%	35.58%	32.34%
Operating Margin	4.17%	4.09%	2.65%	8.79%	11.40%	10.82%
Profit Margin	4.10%	3.82%	4.46%	9.30%	11.27%	11.69%
Free Cash Flow Margin	13.75%	13.78%	3.37%	-13.55%	-3.61%	10.82%
EBITDA	178.79	176.24	132.46	286.94	350.47	262.41
EBITDA Margin	8.25%	8.06%	6.64%	11.63%	13.57%	12.95%
D&A For EBITDA	88.55	86.77	79.65	69.99	56.19	43.23
EBIT	90.24	89.47	52.81	216.96	294.28	219.18
EBIT Margin	4.17%	4.09%	2.65%	8.79%	11.40%	10.82%
Effective Tax Rate	0.78%	-	-	1.81%	9.01%	9.14%
Revenue as Reported	2,166	2,186	1,995	2,468	2,582	2,026
Advertising Expenses	-	11.49	8.78	6.06	10.5	11.11

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