Tianjin Motor Dies Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	2,369	2,335	2,678	2,721	2,393	1,755
Other Revenue	48	48	67.26	74.81	159.14	123.69
Revenue	2,417	2,383	2,746	2,796	2,552	1,879
Revenue Growth (YoY)	-11.82%	-13.21%	-1.80%	9.56%	35.82%	39.62%
Cost of Revenue	2,139	2,105	2,436	2,460	2,232	1,695
Gross Profit	277.9	278.48	309.36	336.22	320.11	184.17
Selling, General & Admin	157.78	156.18	155.12	149.6	144.61	120.96
Research & Development	88.29	92.1	89.72	99.17	95.89	67.98
Other Operating Expenses	15.53	16.7	16.32	18.63	18.85	13.6
Operating Expenses	283.69	287.08	282.09	313.61	274.77	296.27
Operating Income	-5.8	-8.6	27.27	22.61	45.34	-112.1
Interest Expense	-49.21	-49.21	-54.72	-59.68	-35.85	-44.08
Interest & Investment Income	99.77	102.61	124.32	102.25	61.33	71.2
Currency Exchange Gain (Loss)	-0.87	-0.87	-0.03	-6.64	6.46	-3.86
Other Non Operating Income (Expenses)	8.81	10.14	-7.32	-5.65	-3.5	-3.66
EBT Excluding Unusual Items	52.71	54.08	89.51	52.89	73.79	-92.49
Gain (Loss) on Sale of Investments	17.02	25.24	-1.73	25.14	6.25	-115.58
Gain (Loss) on Sale of Assets	0.35	0.35	-0.03	5.2	0.12	3.64
Asset Writedown	-8.91	-9.26	-1.15	-0.13	-0.46	-0.28
Other Unusual Items	12.8	12.8	16.23	11.65	11.69	9.73
Pretax Income	73.98	83.22	102.84	94.75	91.39	-194.98
Income Tax Expense	19.22	22.42	19.45	17.51	16.23	18.59
Earnings From Continuing Operations	54.76	60.8	83.39	77.23	75.15	-213.57
Minority Interest in Earnings	5.07	5.06	11.86	6.39	5.03	1.69
Net Income	59.83	65.86	95.25	83.62	80.18	-211.89
Net Income to Common	59.83	65.86	95.25	83.62	80.18	-211.89
Net Income Growth	-34.80%	-30.86%	13.91%	4.28%	-	-
Shares Outstanding (Basic)	1,097	1,098	953	929	891	963
Shares Outstanding (Diluted)	1,097	1,098	953	929	891	963
Shares Change (YoY)	12.98%	15.23%	2.52%	4.28%	-7.50%	5.10%
EPS (Basic)	0.05	0.06	0.10	0.09	0.09	-0.22
EPS (Diluted)	0.05	0.06	0.10	0.09	0.09	-0.22
EPS Growth	-42.29%	-40.00%	11.11%	-	-	-
Free Cash Flow	68.78	93.23	39.61	-254.91	-171.96	133.42
Free Cash Flow Per Share	0.06	0.09	0.04	-0.27	-0.19	0.14
Dividend Per Share	-	-	0.030	0.030	-	-
Gross Margin	11.50%	11.69%	11.27%	12.02%	12.54%	9.80%
Operating Margin	-0.24%	-0.36%	0.99%	0.81%	1.78%	-5.97%
Profit Margin	2.48%	2.76%	3.47%	2.99%	3.14%	-11.28%
Free Cash Flow Margin	2.85%	3.91%	1.44%	-9.12%	-6.74%	7.10%
EBITDA	120.52	115.78	143.89	101.56	133.14	-8
EBITDA Margin	4.99%	4.86%	5.24%	3.63%	5.22%	-0.43%
D&A For EBITDA	126.32	124.38	116.62	78.95	87.79	104.1
EBIT	-5.8	-8.6	27.27	22.61	45.34	-112.1
EBIT Margin	-0.24%	-0.36%	0.99%	0.81%	1.78%	-5.96%
Effective Tax Rate	25.98%	26.94%	18.91%	18.48%	17.76%	-
Revenue as Reported	2,383	2,383	2,746	2,796	2,552	1,879
Advertising Expenses	-	0.38	0.47	0.43	0.11	0.14

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