Taier Heavy Industry Co., Ltd. (SHE:002347)

Taier Heavy Industry 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,149	1,069	1,102	1,079	1,053	811.06
Other Revenue	3.21	5.13	5.58	4.18	6.24	0.91
Revenue	1,153	1,074	1,107	1,083	1,059	811.98
Revenue Growth (YoY)	10.46%	-2.96%	2.25%	2.21%	30.47%	-0.78%
Cost of Revenue	959.67	873.31	955.23	942.99	858.76	625.19
Gross Profit	192.97	201	151.91	139.83	200.61	186.79
Selling, General & Admin	138.48	146.15	136.2	123.88	115.2	98.53
Research & Development	68.04	64.05	58.78	57.94	56.11	45.29
Other Operating Expenses	10.06	-5.17	8.13	8.47	9.09	8.54
Operating Expenses	233.16	216.95	215.99	212.26	173.78	170.21
Operating Income	-40.18	-15.95	-64.08	-72.43	26.83	16.58
Interest Expense	-3.73	-3.64	-5.61	-5.34	-3.41	-6.91
Interest & Investment Income	38.51	38.31	14.48	19.22	12.61	14.2
Currency Exchange Gain (Loss)	1.36	0.12	1.57	1	-0.99	-0.17
Other Non Operating Income (Expenses)	-6.93	-1.93	-0.92	-1.37	-1.74	-1.28
EBT Excluding Unusual Items	-10.97	16.91	-54.57	-58.92	33.3	22.42
Gain (Loss) on Sale of Investments	2.31	2.22	14.05	-	-9	-
Gain (Loss) on Sale of Assets	0.17	0.51	1.19	0.99	-0.44	0.07
Asset Writedown	-0.11	-	-4.26	-	-	-0
Other Unusual Items	27.12	15.8	11.1	23.66	10.44	14.03
Pretax Income	18.53	35.43	-32.49	-34.26	34.29	36.51
Income Tax Expense	13.22	15.61	6.24	1.59	8.09	4.05
Earnings From Continuing Operations	5.31	19.82	-38.72	-35.85	26.2	32.46
Minority Interest in Earnings	-0.19	-5.23	-3.79	-2.71	-8.01	-6.03
Net Income	5.12	14.59	-42.52	-38.56	18.19	26.43
Net Income to Common	5.12	14.59	-42.52	-38.56	18.19	26.43
Net Income Growth	-	-	-	-	-31.18%	4.92%
Shares Outstanding (Basic)	504	505	505	505	457	447
Shares Outstanding (Diluted)	504	505	505	505	457	447
Shares Change (YoY)	-0.19%	-0.01%	0.03%	10.44%	2.19%	-0.05%
EPS (Basic)	0.01	0.03	-0.08	-0.08	0.04	0.06
EPS (Diluted)	0.01	0.03	-0.08	-0.08	0.04	0.06
EPS Growth	-	-	-	-	-32.66%	4.97%
Free Cash Flow	-74.93	-37.19	9.22	26.98	42.77	55.4
Free Cash Flow Per Share	-0.15	-0.07	0.02	0.05	0.09	0.12
Dividend Per Share	0.020	0.020	-	-	-	0.100
Gross Margin	16.74%	18.71%	13.72%	12.91%	18.94%	23.00%
Operating Margin	-3.49%	-1.49%	-5.79%	-6.69%	2.53%	2.04%
Profit Margin	0.44%	1.36%	-3.84%	-3.56%	1.72%	3.26%
Free Cash Flow Margin	-6.50%	-3.46%	0.83%	2.49%	4.04%	6.82%
EBITDA	0.25	27.92	-22.6	-39.32	66.32	57.84
EBITDA Margin	0.02%	2.60%	-2.04%	-3.63%	6.26%	7.12%
D&A For EBITDA	40.44	43.87	41.48	33.11	39.49	41.26
EBIT	-40.18	-15.95	-64.08	-72.43	26.83	16.58
EBIT Margin	-3.49%	-1.48%	-5.79%	-6.69%	2.53%	2.04%
Effective Tax Rate	71.35%	44.06%	-	-	23.59%	11.10%
Revenue as Reported	1,153	1,074	1,107	1,083	1,059	811.98

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