Zhuzhou Tianqiao Crane Co., Ltd. (SHE:002523)

Zhuzhou Tianqiao Crane 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	1,904	1,837	1,716	1,571	1,752	1,489
Other Revenue	17.48	17.48	17.5	15.74	22.14	12.9
Revenue	1,921	1,854	1,733	1,586	1,774	1,502
Revenue Growth (YoY)	9.85%	6.97%	9.27%	-10.59%	18.16%	12.57%
Cost of Revenue	1,456	1,408	1,339	1,239	1,398	1,181
Gross Profit	464.83	446.05	394.85	347.44	376.67	320.76
Selling, General & Admin	262.83	267.8	250.64	242.41	231.18	190.56
Research & Development	107.5	100.61	97.01	84.92	90.49	127.14
Other Operating Expenses	-10.62	-13.85	-2.17	-0.38	6.84	0.66
Operating Expenses	433.83	432.39	380.42	322.8	324.99	337.96
Operating Income	31	13.65	14.43	24.64	51.67	-17.2
Interest Expense	-6.11	-7.1	-10.18	-14.7	-12.73	-12.83
Interest & Investment Income	22.51	23.15	13.88	4.18	23.9	80.47
Currency Exchange Gain (Loss)	0.75	0.75	0.09	0.14	-0.28	-1.89
Other Non Operating Income (Expenses)	-4.92	-5.52	-2.67	-2.92	-4.76	-6.73
EBT Excluding Unusual Items	43.23	24.94	15.55	11.36	57.81	41.82
Impairment of Goodwill	-2.92	-2.92	-	-	-	-
Gain (Loss) on Sale of Investments	0.61	0.23	0.23	2.81	1.11	0.4
Gain (Loss) on Sale of Assets	-0.01	0.26	0.02	-0.85	-0.57	0.02
Asset Writedown	-9.11	-9.44	-0.04	-0.5	0	-0.41
Other Unusual Items	18.49	18.49	16.01	21.36	14.06	9.59
Pretax Income	50.29	31.56	31.77	34.18	72.41	51.41
Income Tax Expense	8.01	5.08	1.98	-1.68	7.66	-10.86
Earnings From Continuing Operations	42.28	26.48	29.8	35.86	64.74	62.27
Minority Interest in Earnings	28.27	26.27	7.54	4.91	-4.58	-4.17
Net Income	70.55	52.75	37.34	40.77	60.16	58.1
Net Income to Common	70.55	52.75	37.34	40.77	60.16	58.1
Net Income Growth	87.94%	41.30%	-8.43%	-32.23%	3.55%	-28.23%
Shares Outstanding (Basic)	1,469	1,426	1,436	1,406	1,399	1,417
Shares Outstanding (Diluted)	1,469	1,426	1,436	1,406	1,399	1,417
Shares Change (YoY)	8.94%	-0.71%	2.14%	0.49%	-1.27%	-0.22%
EPS (Basic)	0.05	0.04	0.03	0.03	0.04	0.04
EPS (Diluted)	0.05	0.04	0.03	0.03	0.04	0.04
EPS Growth	72.52%	42.31%	-10.35%	-32.56%	4.88%	-28.07%
Free Cash Flow	336.81	305.56	309.3	234.93	29.9	-12.22
Free Cash Flow Per Share	0.23	0.21	0.21	0.17	0.02	-0.01
Dividend Per Share	0.015	0.015	0.015	0.015	0.020	0.020
Dividend Growth	-	-	-	-25.00%	-	-33.33%
Gross Margin	24.20%	24.06%	22.78%	21.90%	21.23%	21.36%
Operating Margin	1.61%	0.74%	0.83%	1.55%	2.91%	-1.15%
Profit Margin	3.67%	2.84%	2.15%	2.57%	3.39%	3.87%
Free Cash Flow Margin	17.53%	16.48%	17.84%	14.81%	1.69%	-0.81%
EBITDA	63.64	47.36	52.39	60.14	87.87	16.46
EBITDA Margin	3.31%	2.55%	3.02%	3.79%	4.95%	1.10%
D&A For EBITDA	32.64	33.7	37.96	35.49	36.2	33.66
EBIT	31	13.65	14.43	24.64	51.67	-17.2
EBIT Margin	1.61%	0.74%	0.83%	1.55%	2.91%	-1.15%
Effective Tax Rate	15.93%	16.10%	6.22%	-	10.59%	-
Revenue as Reported	1,921	1,854	1,733	1,586	1,774	1,502
Advertising Expenses	-	-	-	0.41	0.29	0.54

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