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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,039	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	2,057	1,854	1,733	1,586	1,774	1,502
Revenue Growth (YoY)	10.93%	6.97%	9.27%	-10.59%	18.16%	12.57%
Cost of Revenue	1,580	1,408	1,339	1,239	1,398	1,181
Gross Profit	477.09	446.05	394.85	347.44	376.67	320.76
Selling, General & Admin	261.91	267.8	250.64	242.41	231.18	190.56
Research & Development	121.1	100.61	97.01	84.92	90.49	127.14
Other Operating Expenses	-3.06	-13.85	-2.17	-0.38	6.84	0.66
Operating Expenses	432.91	432.39	380.42	322.8	324.99	337.96
Operating Income	44.19	13.65	14.43	24.64	51.67	-17.2
Interest Expense	-4.39	-7.1	-10.18	-14.7	-12.73	-12.83
Interest & Investment Income	45.9	23.15	13.88	4.18	23.9	80.47
Currency Exchange Gain (Loss)	0.71	0.75	0.09	0.14	-0.28	-1.89
Other Non Operating Income (Expenses)	-0.7	-5.52	-2.67	-2.92	-4.76	-6.73
EBT Excluding Unusual Items	85.7	24.94	15.55	11.36	57.81	41.82
Impairment of Goodwill	-2.92	-2.92	-	-	-	-
Gain (Loss) on Sale of Investments	0.58	0.23	0.23	2.81	1.11	0.4
Gain (Loss) on Sale of Assets	-0.09	0.26	0.02	-0.85	-0.57	0.02
Asset Writedown	8.82	-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	110.58	31.56	31.77	34.18	72.41	51.41
Income Tax Expense	14.7	5.08	1.98	-1.68	7.66	-10.86
Earnings From Continuing Operations	95.87	26.48	29.8	35.86	64.74	62.27
Minority Interest in Earnings	24.46	26.27	7.54	4.91	-4.58	-4.17
Net Income	120.34	52.75	37.34	40.77	60.16	58.1
Net Income to Common	120.34	52.75	37.34	40.77	60.16	58.1
Net Income Growth	101.76%	41.30%	-8.43%	-32.23%	3.55%	-28.23%
Shares Outstanding (Basic)	1,390	1,426	1,436	1,406	1,399	1,417
Shares Outstanding (Diluted)	1,390	1,426	1,436	1,406	1,399	1,417
Shares Change (YoY)	1.81%	-0.71%	2.14%	0.49%	-1.27%	-0.22%
EPS (Basic)	0.09	0.04	0.03	0.03	0.04	0.04
EPS (Diluted)	0.09	0.04	0.03	0.03	0.04	0.04
EPS Growth	98.17%	42.31%	-10.35%	-32.56%	4.88%	-28.07%
Free Cash Flow	198.04	305.56	309.3	234.93	29.9	-12.22
Free Cash Flow Per Share	0.14	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	23.20%	24.06%	22.78%	21.90%	21.23%	21.36%
Operating Margin	2.15%	0.74%	0.83%	1.55%	2.91%	-1.15%
Profit Margin	5.85%	2.84%	2.15%	2.57%	3.39%	3.87%
Free Cash Flow Margin	9.63%	16.48%	17.84%	14.81%	1.69%	-0.81%
EBITDA	74.69	47.36	52.39	60.14	87.87	16.46
EBITDA Margin	3.63%	2.55%	3.02%	3.79%	4.95%	1.10%
D&A For EBITDA	30.51	33.7	37.96	35.49	36.2	33.66
EBIT	44.19	13.65	14.43	24.64	51.67	-17.2
EBIT Margin	2.15%	0.74%	0.83%	1.55%	2.91%	-1.15%
Effective Tax Rate	13.30%	16.10%	6.22%	-	10.59%	-
Revenue as Reported	2,057	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.