Shenzhen MTC Co., Ltd. (SHE:002429)

Shenzhen MTC 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	19,140	20,161	17,107	14,986	22,453	20,126
Other Revenue	148.97	165.78	60.09	42	85.39	59.82
Revenue	19,289	20,326	17,167	15,028	22,538	20,186
Revenue Growth (YoY)	1.78%	18.40%	14.23%	-33.32%	11.65%	51.71%
Cost of Revenue	16,329	17,064	14,261	12,724	19,114	17,241
Gross Profit	2,960	3,262	2,906	2,305	3,425	2,945
Selling, General & Admin	595.6	532.16	523.06	554.98	583.04	573.83
Research & Development	978.18	912.14	703.64	629.65	555.18	471.97
Other Operating Expenses	-229.4	-234.58	-128.59	-51.22	-97.3	-176.56
Operating Expenses	1,347	1,246	1,169	1,118	2,906	951.51
Operating Income	1,613	2,016	1,737	1,187	518.91	1,993
Interest Expense	-181.11	-175.66	-168.54	-191.54	-211.48	-125.33
Interest & Investment Income	96.19	97.67	94.95	41.26	137.7	71.1
Currency Exchange Gain (Loss)	45.91	64.33	24.05	78.78	-5.54	-55.35
Other Non Operating Income (Expenses)	-1.23	-11.21	-11.17	-16.75	-19.45	-20.55
EBT Excluding Unusual Items	1,572	1,991	1,676	1,099	420.14	1,863
Impairment of Goodwill	-16.7	-16.7	-31.06	-71.77	-91.63	-97.85
Gain (Loss) on Sale of Investments	-35.17	-30.07	6.07	24.87	13.4	36.27
Gain (Loss) on Sale of Assets	-3.72	-4.74	-1.57	-0.12	-0.11	-0.19
Asset Writedown	-7.41	-7.41	-5.11	-3.57	-7.34	-3.96
Other Unusual Items	148.08	60.95	65	145.53	212.58	97.7
Pretax Income	1,658	1,993	1,710	1,194	547.05	1,895
Income Tax Expense	194.7	261.79	60.41	26.69	143.05	130.73
Earnings From Continuing Operations	1,463	1,731	1,649	1,167	404	1,764
Minority Interest in Earnings	-109.68	-128.92	-60.98	-21.21	-71	-0.94
Net Income	1,353	1,602	1,588	1,146	333	1,763
Net Income to Common	1,353	1,602	1,588	1,146	333	1,763
Net Income Growth	-23.33%	0.89%	38.61%	244.13%	-81.12%	57.51%
Shares Outstanding (Basic)	4,506	4,579	4,538	4,584	4,757	4,522
Shares Outstanding (Diluted)	4,506	4,579	4,538	4,584	4,757	4,522
Shares Change (YoY)	-0.32%	0.89%	-0.99%	-3.64%	5.21%	0.97%
EPS (Basic)	0.30	0.35	0.35	0.25	0.07	0.39
EPS (Diluted)	0.30	0.35	0.35	0.25	0.07	0.39
EPS Growth	-23.09%	-	40.00%	257.14%	-82.05%	56.00%
Free Cash Flow	2,237	-31.25	1,569	2,993	67.3	-2,095
Free Cash Flow Per Share	0.50	-0.01	0.35	0.65	0.01	-0.46
Dividend Per Share	0.107	0.107	0.106	0.076	-	-
Dividend Growth	0.94%	0.94%	39.47%	-	-	-
Gross Margin	15.35%	16.05%	16.93%	15.34%	15.19%	14.59%
Operating Margin	8.36%	9.92%	10.12%	7.90%	2.30%	9.87%
Profit Margin	7.02%	7.88%	9.25%	7.63%	1.48%	8.74%
Free Cash Flow Margin	11.59%	-0.15%	9.14%	19.91%	0.30%	-10.38%
EBITDA	2,452	2,856	2,430	1,820	1,056	2,310
EBITDA Margin	12.71%	14.05%	14.16%	12.11%	4.68%	11.44%
D&A For EBITDA	839.12	840.04	692.95	632.84	536.89	316.68
EBIT	1,613	2,016	1,737	1,187	518.91	1,993
EBIT Margin	8.36%	9.92%	10.12%	7.90%	2.30%	9.87%
Effective Tax Rate	11.75%	13.13%	3.53%	2.24%	26.15%	6.90%
Revenue as Reported	19,289	20,326	17,167	15,028	22,538	20,186
Advertising Expenses	-	93.89	122.53	86.31	83.76	91.07

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