Tianjin Motor Dies Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,383	2,678	2,721	2,393	1,755
Other Revenue	-	67.26	74.81	159.14	123.69
Revenue	2,383	2,746	2,796	2,552	1,879
Revenue Growth (YoY)	-13.21%	-1.80%	9.56%	35.82%	39.62%
Cost of Revenue	2,027	2,436	2,460	2,232	1,695
Gross Profit	356.21	309.36	336.22	320.11	184.17
Selling, General & Admin	160.92	155.12	149.6	144.61	120.96
Research & Development	92.1	89.72	99.17	95.89	67.98
Other Operating Expenses	4.16	16.32	18.63	18.85	13.6
Operating Expenses	257.19	282.09	313.61	274.77	296.27
Operating Income	99.03	27.27	22.61	45.34	-112.1
Interest Expense	-	-54.72	-59.68	-35.85	-44.08
Interest & Investment Income	98.28	124.32	102.25	61.33	71.2
Currency Exchange Gain (Loss)	-	-0.03	-6.64	6.46	-3.86
Other Non Operating Income (Expenses)	-59.51	-7.32	-5.65	-3.5	-3.66
EBT Excluding Unusual Items	137.79	89.51	52.89	73.79	-92.49
Gain (Loss) on Sale of Investments	25.24	-1.73	25.14	6.25	-115.58
Gain (Loss) on Sale of Assets	0.35	-0.03	5.2	0.12	3.64
Asset Writedown	-80.16	-1.15	-0.13	-0.46	-0.28
Other Unusual Items	-	16.23	11.65	11.69	9.73
Pretax Income	83.22	102.84	94.75	91.39	-194.98
Income Tax Expense	22.42	19.45	17.51	16.23	18.59
Earnings From Continuing Operations	60.8	83.39	77.23	75.15	-213.57
Minority Interest in Earnings	5.06	11.86	6.39	5.03	1.69
Net Income	65.86	95.25	83.62	80.18	-211.89
Net Income to Common	65.86	95.25	83.62	80.18	-211.89
Net Income Growth	-30.86%	13.91%	4.28%	-	-
Shares Outstanding (Basic)	1,098	953	929	891	963
Shares Outstanding (Diluted)	1,098	953	929	891	963
Shares Change (YoY)	15.23%	2.52%	4.28%	-7.50%	5.10%
EPS (Basic)	0.06	0.10	0.09	0.09	-0.22
EPS (Diluted)	0.06	0.10	0.09	0.09	-0.22
EPS Growth	-40.00%	11.11%	-	-	-
Free Cash Flow	93.23	39.61	-254.91	-171.96	133.42
Free Cash Flow Per Share	0.09	0.04	-0.27	-0.19	0.14
Dividend Per Share	-	0.030	0.030	-	-
Gross Margin	14.95%	11.27%	12.02%	12.54%	9.80%
Operating Margin	4.15%	0.99%	0.81%	1.78%	-5.97%
Profit Margin	2.76%	3.47%	2.99%	3.14%	-11.28%
Free Cash Flow Margin	3.91%	1.44%	-9.12%	-6.74%	7.10%
EBITDA	223.7	143.64	101.56	133.14	-8
EBITDA Margin	9.39%	5.23%	3.63%	5.22%	-0.43%
D&A For EBITDA	124.67	116.38	78.95	87.79	104.1
EBIT	99.03	27.27	22.61	45.34	-112.1
EBIT Margin	4.15%	0.99%	0.81%	1.78%	-5.96%
Effective Tax Rate	26.94%	18.91%	18.48%	17.76%	-
Revenue as Reported	-	2,746	2,796	2,552	1,879
Advertising Expenses	-	0.47	0.43	0.11	0.14

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.