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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	591.3	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	631.12	601.27	490.68	702.38	886.68	751.98
Revenue Growth (YoY)	34.00%	22.54%	-30.14%	-20.79%	17.91%	34.48%
Cost of Revenue	558.56	532.82	456.93	590.59	722.64	591.15
Gross Profit	72.56	68.45	33.75	111.79	164.04	160.84
Selling, General & Admin	31.26	30.72	30.19	29.46	27.93	29.87
Research & Development	19.54	18.7	20.48	27.62	34.53	25.7
Other Operating Expenses	1.49	1.8	-0.52	3.04	4.07	3.58
Operating Expenses	55.54	55.48	46.08	62.86	69.33	62.94
Operating Income	17.02	12.97	-12.33	48.94	94.71	97.9
Interest Expense	-4.96	-3.95	-5.85	-2.94	-3.29	-1.25
Interest & Investment Income	5.77	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)	0.14	-0.11	-3.65	-0.54	-0.57	-0.48
EBT Excluding Unusual Items	18.39	14.66	-14.93	50	91.34	96.42
Gain (Loss) on Sale of Investments	1	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	-0.73	-	-0	-0.09	-0	-0.14
Other Unusual Items	6.9	6.87	-	15.91	7.51	4.39
Pretax Income	25.5	21.96	-14.43	65.3	97.17	103.3
Income Tax Expense	3.12	2.5	-1.59	6.46	10.92	15.29
Earnings From Continuing Operations	22.38	19.46	-12.83	58.83	86.26	88.02
Minority Interest in Earnings	0.52	0.8	0.32	-	-	-
Net Income	22.9	20.26	-12.52	58.83	86.26	88.02
Net Income to Common	22.9	20.26	-12.52	58.83	86.26	88.02
Net Income Growth	-	-	-	-31.79%	-2.00%	21.53%
Shares Outstanding (Basic)	74	75	74	65	56	56
Shares Outstanding (Diluted)	74	75	74	65	56	56
Shares Change (YoY)	-1.82%	1.41%	12.64%	16.71%	-0.09%	-
EPS (Basic)	0.31	0.27	-0.17	0.90	1.54	1.57
EPS (Diluted)	0.31	0.27	-0.17	0.90	1.54	1.57
EPS Growth	-	-	-	-41.56%	-1.91%	-
Free Cash Flow	-202.01	-242.55	-240.88	-194.68	-272.7	-166.82
Free Cash Flow Per Share	-2.75	-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	11.50%	11.38%	6.88%	15.92%	18.50%	21.39%
Operating Margin	2.70%	2.16%	-2.51%	6.97%	10.68%	13.02%
Profit Margin	3.63%	3.37%	-2.55%	8.38%	9.73%	11.70%
Free Cash Flow Margin	-32.01%	-40.34%	-49.09%	-27.72%	-30.75%	-22.18%
EBITDA	35.21	30.87	4.42	63.8	106.08	107.75
EBITDA Margin	5.58%	5.13%	0.90%	9.08%	11.96%	14.33%
D&A For EBITDA	18.19	17.9	16.75	14.86	11.37	9.85
EBIT	17.02	12.97	-12.33	48.94	94.71	97.9
EBIT Margin	2.70%	2.16%	-2.51%	6.97%	10.68%	13.02%
Effective Tax Rate	12.23%	11.40%	-	9.90%	11.24%	14.80%
Revenue as Reported	631.12	601.27	490.68	702.38	886.68	751.98
Advertising Expenses	-	-	-	-	-	0.24

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.