Tianshan Material Co., Ltd. (SHE:000877)

Tianshan Material 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	77,283	83,824	104,647	129,009	166,611	158,460
Other Revenue	3,171	3,171	2,733	3,572	3,419	3,689
Revenue	80,454	86,995	107,380	132,581	170,030	162,149
Revenue Growth (YoY)	-9.06%	-18.98%	-19.01%	-22.02%	4.86%	1573.67%
Cost of Revenue	64,143	72,450	89,994	111,301	127,629	116,271
Gross Profit	16,311	14,545	17,386	21,280	42,402	45,877
Selling, General & Admin	7,878	8,405	8,139	9,016	11,312	11,155
Research & Development	1,394	1,901	2,384	1,911	1,802	757.33
Other Operating Expenses	1,950	1,959	1,949	1,919	1,089	412.77
Operating Expenses	11,497	12,452	12,535	12,739	15,121	12,997
Operating Income	4,814	2,093	4,851	8,541	27,280	32,881
Interest Expense	-3,261	-3,491	-3,960	-4,747	-4,896	-5,135
Interest & Investment Income	246.09	187.84	417.64	885.06	2,128	2,850
Currency Exchange Gain (Loss)	-15.49	-15.49	-6.12	-14.41	-28.72	-119.64
Other Non Operating Income (Expenses)	-171.54	-242.76	102.81	117.19	-837.22	-1,470
EBT Excluding Unusual Items	1,612	-1,468	1,404	4,782	23,646	29,006
Impairment of Goodwill	-	-	-	-	-1,870	-2,911
Gain (Loss) on Sale of Investments	343.48	99.19	92.77	-113.23	-95.79	-304.18
Gain (Loss) on Sale of Assets	615.42	635.65	540.45	1,402	291.15	1,024
Asset Writedown	-55.65	-55.65	11.46	-253.4	-1,972	-3,671
Legal Settlements	13.47	13.47	16.49	-27.7	473.63	-126.03
Other Unusual Items	876.82	876.82	1,022	622.64	307.05	-17.28
Pretax Income	3,405	101.29	3,088	6,412	20,780	23,000
Income Tax Expense	1,115	751.87	1,078	1,337	5,855	6,535
Earnings From Continuing Operations	2,291	-650.58	2,010	5,074	14,926	16,465
Minority Interest in Earnings	-322.16	52.18	-45	-531.84	-2,378	-3,477
Net Income	1,968	-598.4	1,965	4,542	12,548	12,988
Net Income to Common	1,968	-598.4	1,965	4,542	12,548	12,988
Net Income Growth	-	-	-56.74%	-63.80%	-3.39%	694.00%
Shares Outstanding (Basic)	7,116	8,021	8,665	8,637	8,016	7,890
Shares Outstanding (Diluted)	7,116	8,021	8,665	8,637	8,016	7,890
Shares Change (YoY)	-15.68%	-7.42%	0.32%	7.75%	1.60%	652.38%
EPS (Basic)	0.28	-0.07	0.23	0.53	1.57	1.65
EPS (Diluted)	0.28	-0.07	0.23	0.53	1.57	1.65
EPS Growth	-	-	-56.87%	-66.40%	-4.91%	5.53%
Free Cash Flow	6,619	3,325	6,378	-272.04	8,397	23,349
Free Cash Flow Per Share	0.93	0.41	0.74	-0.03	1.05	2.96
Dividend Per Share	-	-	0.114	0.270	0.330	0.480
Dividend Growth	-	-	-57.78%	-18.18%	-31.25%	-5.88%
Gross Margin	20.27%	16.72%	16.19%	16.05%	24.94%	28.29%
Operating Margin	5.98%	2.41%	4.52%	6.44%	16.04%	20.28%
Profit Margin	2.45%	-0.69%	1.83%	3.43%	7.38%	8.01%
Free Cash Flow Margin	8.23%	3.82%	5.94%	-0.21%	4.94%	14.40%
EBITDA	14,394	11,766	14,647	18,262	36,415	41,702
EBITDA Margin	17.89%	13.53%	13.64%	13.78%	21.42%	25.72%
D&A For EBITDA	9,580	9,673	9,797	9,722	9,135	8,821
EBIT	4,814	2,093	4,851	8,541	27,280	32,881
EBIT Margin	5.98%	2.41%	4.52%	6.44%	16.04%	20.28%
Effective Tax Rate	32.73%	742.28%	34.90%	20.86%	28.17%	28.41%
Revenue as Reported	80,454	86,995	107,380	132,581	170,030	162,149

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.