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

Shanghai Titan Scientific Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,884	2,769	2,607	2,164	1,384
Other Revenue	-	0.56	0.95	0.3	0.09
Revenue	2,884	2,770	2,608	2,164	1,384
Revenue Growth (YoY)	4.12%	6.20%	20.50%	56.32%	21.01%
Cost of Revenue	2,870	2,193	2,044	1,706	1,092
Gross Profit	13.53	576.24	563.42	457.8	292.63
Selling, General & Admin	-	341.18	271.78	202.93	124.47
Research & Development	-	136.16	114.17	81.81	48.16
Other Operating Expenses	-	5.54	6.62	5.69	3.16
Operating Expenses	-	494.3	408.79	301.47	182.91
Operating Income	13.53	81.94	154.64	156.33	109.72
Interest Expense	-	-27.99	-27	-9.79	-7.6
Interest & Investment Income	-	13.98	10.43	8.83	2.84
Currency Exchange Gain (Loss)	-	-3.63	-2.86	0.13	0.5
Other Non Operating Income (Expenses)	-5.26	-3.7	-2.7	-3.26	-1.29
EBT Excluding Unusual Items	8.27	60.61	132.51	152.25	104.18
Gain (Loss) on Sale of Investments	-	11.33	-	12.22	-
Gain (Loss) on Sale of Assets	-	0.62	-	-0.01	0.04
Asset Writedown	-	-	-	-	-0.02
Other Unusual Items	-	12.63	18.59	5.25	13.22
Pretax Income	8.27	85.19	151.09	169.72	117.42
Income Tax Expense	-4.66	9.88	19.38	27.43	15.51
Earnings From Continuing Operations	12.93	75.31	131.72	142.29	101.9
Minority Interest in Earnings	-	-2.74	-6.91	1.67	0.86
Net Income	12.93	72.57	124.81	143.95	102.76
Net Income to Common	12.93	72.57	124.81	143.95	102.76
Net Income Growth	-82.18%	-41.85%	-13.30%	40.09%	38.65%
Shares Outstanding (Basic)	162	164	155	149	118
Shares Outstanding (Diluted)	162	164	155	149	118
Shares Change (YoY)	-1.36%	5.83%	3.72%	26.00%	14.19%
EPS (Basic)	0.08	0.44	0.81	0.96	0.87
EPS (Diluted)	0.08	0.44	0.81	0.96	0.87
EPS Growth	-81.94%	-45.06%	-16.41%	11.18%	21.42%
Free Cash Flow	-	-589.46	-450.97	-377.43	-234.72
Free Cash Flow Per Share	-	-3.60	-2.91	-2.53	-1.98
Dividend Per Share	-	0.071	0.102	0.102	0.209
Dividend Growth	-	-30.00%	0.20%	-51.34%	36.64%
Gross Margin	0.47%	20.81%	21.61%	21.15%	21.14%
Operating Margin	0.47%	2.96%	5.93%	7.22%	7.92%
Profit Margin	0.45%	2.62%	4.79%	6.65%	7.42%
Free Cash Flow Margin	-	-21.28%	-17.29%	-17.44%	-16.95%
EBITDA	43.02	111.43	181.94	172.22	119.69
EBITDA Margin	1.49%	4.02%	6.98%	7.96%	8.64%
D&A For EBITDA	29.49	29.49	27.3	15.88	9.96
EBIT	13.53	81.94	154.64	156.33	109.72
EBIT Margin	0.47%	2.96%	5.93%	7.22%	7.92%
Effective Tax Rate	-	11.60%	12.82%	16.16%	13.21%
Revenue as Reported	-	2,770	2,608	2,164	1,384
Advertising Expenses	-	15.15	9.35	12.1	7.39

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