Beijing Tongyizhong New Material Technology Corporation (SHA:688722)

SHA:688722 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	Jan 1, 2021
Operating Revenue	779.74	638.25	610.95	600.1	321.97	277.17
Other Revenue	11.12	11.12	29.38	16.25	8.94	5.76
Revenue	790.86	649.37	640.32	616.35	330.9	282.94
Revenue Growth (YoY)	54.32%	1.41%	3.89%	86.26%	16.95%	-6.11%
Cost of Revenue	503.15	409.27	396.61	371.94	229.01	190.35
Gross Profit	287.71	240.1	243.71	244.41	101.89	92.59
Selling, General & Admin	63.43	56.57	45.09	41.41	28.58	24.45
Research & Development	43.97	39.53	38.61	30.44	22.29	19.37
Other Operating Expenses	10.26	6.96	5.54	7.7	4.01	-9.88
Operating Expenses	118.5	103.33	89.32	79.49	54.94	33.85
Operating Income	169.2	136.77	154.39	164.92	46.95	58.74
Interest Expense	-2.95	-0.8	-0.77	-0.35	-0.09	-
Interest & Investment Income	6.46	6.77	10.87	7.76	4.8	3.57
Currency Exchange Gain (Loss)	2.55	2.55	-0.62	0.75	-	-1.47
Other Non Operating Income (Expenses)	-0.1	-0.15	-0.4	-0.18	-0.27	-0.2
EBT Excluding Unusual Items	175.16	145.14	163.48	172.89	51.39	60.63
Gain (Loss) on Sale of Investments	-	-	-	9.45	4.06	4.85
Gain (Loss) on Sale of Assets	-0.05	-0.05	-0.02	-0.01	0.17	-
Asset Writedown	-	-	-	-	-	0.07
Other Unusual Items	9.65	8.16	10.44	16.07	3.12	-
Pretax Income	184.77	153.26	173.9	198.4	58.74	65.56
Income Tax Expense	23.37	18.21	16.51	26.91	6.21	8.64
Earnings From Continuing Operations	161.4	135.05	157.39	171.49	52.53	56.92
Minority Interest in Earnings	-5.35	-4.85	-3.77	-0.12	-	-
Net Income	156.05	130.2	153.62	171.37	52.53	56.92
Net Income to Common	156.05	130.2	153.62	171.37	52.53	56.92
Net Income Growth	33.04%	-15.25%	-10.36%	226.25%	-7.72%	22.11%
Shares Outstanding (Basic)	227	224	226	225	175	167
Shares Outstanding (Diluted)	227	224	226	225	175	167
Shares Change (YoY)	0.94%	-0.64%	0.19%	28.78%	4.59%	108.31%
EPS (Basic)	0.69	0.58	0.68	0.76	0.30	0.34
EPS (Diluted)	0.69	0.58	0.68	0.76	0.30	0.34
EPS Growth	31.80%	-14.71%	-10.53%	153.33%	-11.77%	-41.38%
Free Cash Flow	61.01	72.53	-179.3	147.1	32.34	50.47
Free Cash Flow Per Share	0.27	0.32	-0.79	0.65	0.18	0.30
Dividend Per Share	0.067	0.067	0.090	0.450	-	-
Dividend Growth	-25.56%	-25.56%	-80.00%	-	-	-
Gross Margin	36.38%	36.97%	38.06%	39.65%	30.79%	32.73%
Operating Margin	21.39%	21.06%	24.11%	26.76%	14.19%	20.76%
Profit Margin	19.73%	20.05%	23.99%	27.81%	15.87%	20.12%
Free Cash Flow Margin	7.71%	11.17%	-28.00%	23.87%	9.77%	17.84%
EBITDA	222.38	186.47	190.15	188.07	67.58	73.55
EBITDA Margin	28.12%	28.72%	29.70%	30.51%	20.42%	26.00%
D&A For EBITDA	53.18	49.7	35.76	23.16	20.63	14.81
EBIT	169.2	136.77	154.39	164.92	46.95	58.74
EBIT Margin	21.39%	21.06%	24.11%	26.76%	14.19%	20.76%
Effective Tax Rate	12.65%	11.88%	9.49%	13.56%	10.58%	13.17%
Revenue as Reported	790.86	649.37	640.32	616.35	330.9	-
Advertising Expenses	-	-	-	0.03	0.78	0.03

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