Zhuzhou Tianqiao Crane 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	2,073	2,057	1,837	1,716	1,571	1,752
Other Revenue	14.56	14.56	17.48	17.5	15.74	22.14
Revenue	2,087	2,072	1,854	1,733	1,586	1,774
Revenue Growth	6.47%	11.74%	6.97%	9.27%	-10.59%	18.16%
Cost of Revenue	1,589	1,596	1,408	1,339	1,239	1,398
Gross Profit	498.15	476.4	446.05	394.85	347.44	376.67
Selling, General & Admin	272.97	272.04	267.8	250.64	242.41	231.18
Research & Development	123.5	111.57	100.61	97.01	84.92	90.49
Other Operating Expenses	-6.33	-7.25	-13.85	-2.17	-0.38	6.84
Operating Expenses	401.8	388.01	432.39	380.42	322.8	324.99
Operating Income	96.35	88.39	13.65	14.43	24.64	51.67
Interest Expense	-3	-3	-7.1	-10.18	-14.7	-12.73
Interest & Investment Income	59.39	41.14	23.15	13.88	4.18	23.9
Currency Exchange Gain (Loss)	-1	-1	0.75	0.09	0.14	-0.28
Other Non Operating Income (Expenses)	-12.84	-7.98	-5.52	-2.67	-2.92	-4.76
EBT Excluding Unusual Items	138.89	117.54	24.94	15.55	11.36	57.81
Impairment of Goodwill	-	-	-2.92	-	-	-
Gain (Loss) on Sale of Investments	2.69	0.66	0.23	0.23	2.81	1.11
Gain (Loss) on Sale of Assets	-0.33	-0.37	0.26	0.02	-0.85	-0.57
Asset Writedown	1.25	-0.05	-9.44	-0.04	-0.5	0
Other Unusual Items	13.08	13.08	18.49	16.01	21.36	14.06
Pretax Income	155.59	130.87	31.56	31.77	34.18	72.41
Income Tax Expense	9.26	10.87	5.08	1.98	-1.68	7.66
Earnings From Continuing Operations	146.33	120	26.48	29.8	35.86	64.74
Minority Interest in Earnings	-4.81	-0.61	26.27	7.54	4.91	-4.58
Net Income	141.51	119.39	52.75	37.34	40.77	60.16
Net Income to Common	141.51	119.39	52.75	37.34	40.77	60.16
Net Income Growth	99.07%	126.32%	41.30%	-8.43%	-32.23%	3.55%
Shares Outstanding (Basic)	1,416	1,421	1,426	1,436	1,406	1,399
Shares Outstanding (Diluted)	1,416	1,421	1,426	1,436	1,406	1,399
Shares Change	-0.56%	-0.31%	-0.71%	2.14%	0.49%	-1.27%
EPS (Basic)	0.10	0.08	0.04	0.03	0.03	0.04
EPS (Diluted)	0.10	0.08	0.04	0.03	0.03	0.04
EPS Growth	100.19%	127.03%	42.31%	-10.35%	-32.56%	4.88%

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	432.51	219.49	305.56	309.3	234.93	29.9
Free Cash Flow Per Share	0.31	0.15	0.21	0.21	0.17	0.02
Dividend Per Share	0.020	0.020	0.015	0.015	0.015	0.020
Dividend Growth	33.33%	33.33%	0%	0%	-25.00%	0%
Gross Margin	23.86%	22.99%	24.06%	22.78%	21.90%	21.23%
Operating Margin	4.62%	4.27%	0.74%	0.83%	1.55%	2.91%
Profit Margin	6.78%	5.76%	2.84%	2.15%	2.57%	3.39%
Free Cash Flow Margin	20.72%	10.59%	16.48%	17.84%	14.81%	1.69%
EBITDA	125.33	117.29	51.16	52.39	60.14	87.87
EBITDA Margin	6.00%	5.66%	2.76%	3.02%	3.79%	4.95%
D&A For EBITDA	28.98	28.9	37.51	37.96	35.49	36.2
EBIT	96.35	88.39	13.65	14.43	24.64	51.67
EBIT Margin	4.62%	4.27%	0.74%	0.83%	1.55%	2.91%
Effective Tax Rate	5.95%	8.30%	16.10%	6.22%	-	10.59%
Revenue as Reported	2,072	2,072	1,854	1,733	1,586	1,774
Advertising Expenses	-	-	-	-	0.41	0.29