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	Jun '26 Jun 30, 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	2,269	2,335	2,678	2,721	2,393	1,755
Other Revenue	63.39	48	67.26	74.81	159.14	123.69
Revenue	2,333	2,383	2,746	2,796	2,552	1,879
Revenue Growth	-8.87%	-13.21%	-1.80%	9.56%	35.82%	39.62%
Cost of Revenue	2,102	2,105	2,436	2,460	2,232	1,695
Gross Profit	230.49	278.48	309.36	336.22	320.11	184.17
Selling, General & Admin	148.39	156.18	155.12	149.6	144.61	120.96
Research & Development	82.95	92.1	89.72	99.17	95.89	67.98
Other Operating Expenses	25.28	16.7	16.32	18.63	18.85	13.6
Operating Expenses	272.16	287.08	282.09	313.61	274.77	296.27
Operating Income	-41.67	-8.6	27.27	22.61	45.34	-112.1
Interest Expense	-43.61	-49.21	-54.72	-59.68	-35.85	-44.08
Interest & Investment Income	134.17	102.61	124.32	102.25	61.33	71.2
Currency Exchange Gain (Loss)	-10.31	-0.87	-0.03	-6.64	6.46	-3.86
Other Non Operating Income (Expenses)	10.17	10.14	-7.32	-5.65	-3.5	-3.66
EBT Excluding Unusual Items	48.75	54.08	89.51	52.89	73.79	-92.49
Gain (Loss) on Sale of Investments	24.43	25.24	-1.73	25.14	6.25	-115.58
Gain (Loss) on Sale of Assets	0.34	0.35	-0.03	5.2	0.12	3.64
Asset Writedown	-8.69	-9.26	-1.15	-0.13	-0.46	-0.28
Other Unusual Items	16.81	12.8	16.23	11.65	11.69	9.73
Pretax Income	81.65	83.22	102.84	94.75	91.39	-194.98
Income Tax Expense	32.93	22.42	19.45	17.51	16.23	18.59
Earnings From Continuing Operations	48.72	60.8	83.39	77.23	75.15	-213.57
Minority Interest in Earnings	4.82	5.06	11.86	6.39	5.03	1.69
Net Income	53.54	65.86	95.25	83.62	80.18	-211.89
Net Income to Common	53.54	65.86	95.25	83.62	80.18	-211.89
Net Income Growth	276.66%	-30.86%	13.91%	4.28%	-	-
Shares Outstanding (Basic)	1,100	1,098	953	929	891	963
Shares Outstanding (Diluted)	1,100	1,098	953	929	891	963
Shares Change	10.97%	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	239.43%	-40.00%	11.11%	0%	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	163	93.23	39.61	-254.91	-171.96	133.42
Free Cash Flow Per Share	0.15	0.09	0.04	-0.27	-0.19	0.14
Dividend Per Share	-	-	0.030	0.030	-	-
Dividend Growth	-	-	0%	-	-	-
Gross Margin	9.88%	11.69%	11.27%	12.02%	12.54%	9.80%
Operating Margin	-1.79%	-0.36%	0.99%	0.81%	1.78%	-5.97%
Profit Margin	2.30%	2.76%	3.47%	2.99%	3.14%	-11.28%
Free Cash Flow Margin	6.99%	3.91%	1.44%	-9.12%	-6.74%	7.10%
EBITDA	80.22	115.78	143.89	101.56	133.14	-8
EBITDA Margin	3.44%	4.86%	5.24%	3.63%	5.22%	-0.43%
D&A For EBITDA	121.89	124.38	116.62	78.95	87.79	104.1
EBIT	-41.67	-8.6	27.27	22.61	45.34	-112.1
EBIT Margin	-1.79%	-0.36%	0.99%	0.81%	1.78%	-5.96%
Effective Tax Rate	40.33%	26.94%	18.91%	18.48%	17.76%	-
Revenue as Reported	2,333	2,383	2,746	2,796	2,552	1,879
Advertising Expenses	-	0.38	0.47	0.43	0.11	0.14