Anhui Tuoshan Heavy Industry Co., Ltd. (SHE:001226)

SHE:001226 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	614.01	561.45	456.21	657.32	822.39	715.94
Other Revenue	39.82	39.82	34.47	45.06	64.29	36.05
Revenue	653.82	601.27	490.68	702.38	886.68	751.98
Revenue Growth (YoY)	16.32%	22.54%	-30.14%	-20.79%	17.91%	34.48%
Cost of Revenue	578.12	532.82	456.93	590.59	722.64	591.15
Gross Profit	75.7	68.45	33.75	111.79	164.04	160.84
Selling, General & Admin	31.55	30.72	30.19	29.46	27.93	29.87
Research & Development	19.16	18.7	20.48	27.62	34.53	25.7
Other Operating Expenses	8.22	1.8	-0.52	3.04	4.07	3.58
Operating Expenses	55.08	55.48	46.08	62.86	69.33	62.94
Operating Income	20.61	12.97	-12.33	48.94	94.71	97.9
Interest Expense	-6.15	-3.95	-5.85	-2.94	-3.29	-1.25
Interest & Investment Income	3.85	5.33	6.79	4.28	0.57	0.25
Currency Exchange Gain (Loss)	0.42	0.42	0.11	0.27	-0.08	0
Other Non Operating Income (Expenses)	0.68	-0.11	-3.65	-0.54	-0.57	-0.48
EBT Excluding Unusual Items	19.42	14.66	-14.93	50	91.34	96.42
Gain (Loss) on Sale of Investments	0.47	0.53	0.52	-0.2	-1.68	-0.81
Gain (Loss) on Sale of Assets	0.05	-0.1	-0.02	-0.32	0.01	3.45
Asset Writedown	-3.45	-	-0	-0.09	-0	-0.14
Other Unusual Items	7.03	6.87	-	15.91	7.51	4.39
Pretax Income	23.51	21.96	-14.43	65.3	97.17	103.3
Income Tax Expense	2.4	2.5	-1.59	6.46	10.92	15.29
Earnings From Continuing Operations	21.11	19.46	-12.83	58.83	86.26	88.02
Minority Interest in Earnings	0.33	0.8	0.32	-	-	-
Net Income	21.45	20.26	-12.52	58.83	86.26	88.02
Net Income to Common	21.45	20.26	-12.52	58.83	86.26	88.02
Net Income Growth	200.01%	-	-	-31.79%	-2.00%	21.53%
Shares Outstanding (Basic)	76	75	74	65	56	56
Shares Outstanding (Diluted)	76	75	74	65	56	56
Shares Change (YoY)	5.26%	1.41%	12.64%	16.71%	-0.09%	-
EPS (Basic)	0.28	0.27	-0.17	0.90	1.54	1.57
EPS (Diluted)	0.28	0.27	-0.17	0.90	1.54	1.57
EPS Growth	183.74%	-	-	-41.56%	-1.91%	-
Free Cash Flow	-121.62	-242.55	-240.88	-194.68	-272.7	-166.82
Free Cash Flow Per Share	-1.59	-3.25	-3.27	-2.98	-4.87	-2.98
Dividend Per Share	0.400	0.400	0.400	0.536	-	-
Dividend Growth	-	-	-25.37%	-	-	-
Gross Margin	11.58%	11.38%	6.88%	15.92%	18.50%	21.39%
Operating Margin	3.15%	2.16%	-2.51%	6.97%	10.68%	13.02%
Profit Margin	3.28%	3.37%	-2.55%	8.38%	9.73%	11.70%
Free Cash Flow Margin	-18.60%	-40.34%	-49.09%	-27.72%	-30.75%	-22.18%
EBITDA	39.38	30.87	4.42	63.8	106.08	107.75
EBITDA Margin	6.02%	5.13%	0.90%	9.08%	11.96%	14.33%
D&A For EBITDA	18.77	17.9	16.75	14.86	11.37	9.85
EBIT	20.61	12.97	-12.33	48.94	94.71	97.9
EBIT Margin	3.15%	2.16%	-2.51%	6.97%	10.68%	13.02%
Effective Tax Rate	10.20%	11.40%	-	9.90%	11.24%	14.80%
Revenue as Reported	653.82	601.27	490.68	702.38	886.68	751.98
Advertising Expenses	-	-	-	-	-	0.24

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