Shanghai Titan Scientific Co., Ltd. (SHA:688133)

Shanghai Titan Scientific 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	2,823	2,883	2,769	2,607	2,164	1,384
Other Revenue	0.65	0.65	0.56	0.95	0.3	0.09
Revenue	2,823	2,884	2,770	2,608	2,164	1,384
Revenue Growth (YoY)	1.61%	4.11%	6.20%	20.50%	56.32%	21.01%
Cost of Revenue	2,255	2,317	2,193	2,044	1,706	1,092
Gross Profit	568.34	566.07	576.24	563.42	457.8	292.63
Selling, General & Admin	382.51	382.82	341.18	271.78	202.93	124.47
Research & Development	133.42	133.99	136.16	114.17	81.81	48.16
Other Operating Expenses	9.84	7.13	5.54	6.62	5.69	3.16
Operating Expenses	535.38	531.91	494.3	408.79	301.47	182.91
Operating Income	32.96	34.16	81.94	154.64	156.33	109.72
Interest Expense	-41.57	-40.82	-27.99	-27	-9.79	-7.6
Interest & Investment Income	9.52	10.61	13.98	10.43	8.83	2.84
Currency Exchange Gain (Loss)	-0.8	-0.8	-3.63	-2.86	0.13	0.5
Other Non Operating Income (Expenses)	-3.55	-3.37	-3.7	-2.7	-3.26	-1.29
EBT Excluding Unusual Items	-3.44	-0.21	60.61	132.51	152.25	104.18
Gain (Loss) on Sale of Investments	1.72	1.77	11.33	-	12.22	-
Gain (Loss) on Sale of Assets	1.66	1.73	0.62	-	-0.01	0.04
Asset Writedown	0.22	-	-	-	-	-0.02
Other Unusual Items	6.14	3.64	12.63	18.59	5.25	13.22
Pretax Income	6.29	6.93	85.19	151.09	169.72	117.42
Income Tax Expense	-2.23	-0.83	9.88	19.38	27.43	15.51
Earnings From Continuing Operations	8.52	7.76	75.31	131.72	142.29	101.9
Minority Interest in Earnings	7.19	5.13	-2.74	-6.91	1.67	0.86
Net Income	15.71	12.89	72.57	124.81	143.95	102.76
Net Income to Common	15.71	12.89	72.57	124.81	143.95	102.76
Net Income Growth	-68.43%	-82.23%	-41.85%	-13.30%	40.09%	38.65%
Shares Outstanding (Basic)	164	161	164	155	149	118
Shares Outstanding (Diluted)	164	161	164	155	149	118
Shares Change (YoY)	0.21%	-1.64%	5.83%	3.72%	26.00%	14.19%
EPS (Basic)	0.10	0.08	0.44	0.81	0.96	0.87
EPS (Diluted)	0.10	0.08	0.44	0.81	0.96	0.87
EPS Growth	-68.50%	-81.94%	-45.06%	-16.41%	11.18%	21.42%
Free Cash Flow	-220.24	-291.93	-589.46	-450.97	-377.43	-234.72
Free Cash Flow Per Share	-1.35	-1.81	-3.60	-2.91	-2.53	-1.98
Dividend Per Share	0.070	0.070	0.071	0.102	0.102	0.209
Dividend Growth	-1.96%	-1.96%	-30.00%	0.20%	-51.34%	36.64%
Gross Margin	20.13%	19.63%	20.81%	21.61%	21.15%	21.14%
Operating Margin	1.17%	1.19%	2.96%	5.93%	7.22%	7.92%
Profit Margin	0.56%	0.45%	2.62%	4.79%	6.65%	7.42%
Free Cash Flow Margin	-7.80%	-10.12%	-21.28%	-17.29%	-17.44%	-16.95%
EBITDA	90.32	88.12	122.27	181.94	172.22	119.69
EBITDA Margin	3.20%	3.06%	4.41%	6.98%	7.96%	8.64%
D&A For EBITDA	57.36	53.95	40.32	27.3	15.88	9.96
EBIT	32.96	34.16	81.94	154.64	156.33	109.72
EBIT Margin	1.17%	1.19%	2.96%	5.93%	7.22%	7.92%
Effective Tax Rate	-	-	11.60%	12.82%	16.16%	13.21%
Revenue as Reported	2,823	2,884	2,770	2,608	2,164	1,384
Advertising Expenses	-	16.21	15.15	9.35	12.1	7.39

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