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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,133	1,069	1,102	1,079	1,053	811.06
Other Revenue	5.13	5.13	5.58	4.18	6.24	0.91
Revenue	1,138	1,074	1,107	1,083	1,059	811.98
Revenue Growth (YoY)	6.13%	-2.96%	2.25%	2.21%	30.47%	-0.78%
Cost of Revenue	935.35	873.31	955.23	942.99	858.76	625.19
Gross Profit	203.08	201	151.91	139.83	200.61	186.79
Selling, General & Admin	150.95	146.15	136.2	123.88	115.2	98.53
Research & Development	63.79	64.05	58.78	57.94	56.11	45.29
Other Operating Expenses	-0.23	-5.17	8.13	8.47	9.09	8.54
Operating Expenses	229.86	216.95	215.99	212.26	173.78	170.21
Operating Income	-26.78	-15.95	-64.08	-72.43	26.83	16.58
Interest Expense	-3.4	-3.64	-5.61	-5.34	-3.41	-6.91
Interest & Investment Income	38.19	38.31	14.48	19.22	12.61	14.2
Currency Exchange Gain (Loss)	0.12	0.12	1.57	1	-0.99	-0.17
Other Non Operating Income (Expenses)	-4.8	-1.93	-0.92	-1.37	-1.74	-1.28
EBT Excluding Unusual Items	3.34	16.91	-54.57	-58.92	33.3	22.42
Gain (Loss) on Sale of Investments	3.09	2.22	14.05	-	-9	-
Gain (Loss) on Sale of Assets	0.22	0.51	1.19	0.99	-0.44	0.07
Asset Writedown	0.01	-	-4.26	-	-	-0
Other Unusual Items	15.13	15.8	11.1	23.66	10.44	14.03
Pretax Income	21.79	35.43	-32.49	-34.26	34.29	36.51
Income Tax Expense	14.58	15.61	6.24	1.59	8.09	4.05
Earnings From Continuing Operations	7.2	19.82	-38.72	-35.85	26.2	32.46
Minority Interest in Earnings	-3.44	-5.23	-3.79	-2.71	-8.01	-6.03
Net Income	3.76	14.59	-42.52	-38.56	18.19	26.43
Net Income to Common	3.76	14.59	-42.52	-38.56	18.19	26.43
Net Income Growth	-	-	-	-	-31.18%	4.92%
Shares Outstanding (Basic)	503	505	505	505	457	447
Shares Outstanding (Diluted)	503	505	505	505	457	447
Shares Change (YoY)	-0.69%	-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	-35.18	-37.19	9.22	26.98	42.77	55.4
Free Cash Flow Per Share	-0.07	-0.07	0.02	0.05	0.09	0.12
Dividend Per Share	0.020	0.020	-	-	-	0.100
Gross Margin	17.84%	18.71%	13.72%	12.91%	18.94%	23.00%
Operating Margin	-2.35%	-1.49%	-5.79%	-6.69%	2.53%	2.04%
Profit Margin	0.33%	1.36%	-3.84%	-3.56%	1.72%	3.26%
Free Cash Flow Margin	-3.09%	-3.46%	0.83%	2.49%	4.04%	6.82%
EBITDA	17.69	27.92	-22.6	-39.32	66.32	57.84
EBITDA Margin	1.55%	2.60%	-2.04%	-3.63%	6.26%	7.12%
D&A For EBITDA	44.47	43.87	41.48	33.11	39.49	41.26
EBIT	-26.78	-15.95	-64.08	-72.43	26.83	16.58
EBIT Margin	-2.35%	-1.48%	-5.79%	-6.69%	2.53%	2.04%
Effective Tax Rate	66.94%	44.06%	-	-	23.59%	11.10%
Revenue as Reported	1,138	1,074	1,107	1,083	1,059	811.98

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