Tongyu Communication Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,153	1,181	1,283	1,217	1,374	1,495
Other Revenue	12.91	12.91	10.57	-	12.97	14.3
Revenue	1,166	1,194	1,294	1,217	1,387	1,509
Revenue Growth (YoY)	-8.80%	-7.71%	6.28%	-12.21%	-8.13%	-7.85%
Cost of Revenue	956.11	952.68	1,046	950.88	1,114	1,180
Gross Profit	209.74	241.32	247.48	266.46	272.24	329.55
Selling, General & Admin	139.99	145.42	158.7	156.45	143.95	153.69
Research & Development	83.88	96.04	95.71	116.14	103.47	115.14
Other Operating Expenses	7.39	7.01	5.63	4.07	8.93	10.53
Operating Expenses	222.57	238.85	286.38	271.92	260.61	288.3
Operating Income	-12.83	2.48	-38.9	-5.46	11.64	41.24
Interest Expense	-0.83	-0.83	-1.02	-2.06	-1.33	-0.71
Interest & Investment Income	31.73	30.22	132.34	39.12	38.53	39.19
Currency Exchange Gain (Loss)	-4.53	-4.53	3.7	5.75	-29.03	-17.48
Other Non Operating Income (Expenses)	0.33	3.69	-5.61	-0.72	-2.07	-3.21
EBT Excluding Unusual Items	13.88	31.02	90.51	36.63	17.74	59.03
Impairment of Goodwill	-	-	-	-	-4.75	-
Gain (Loss) on Sale of Investments	-4.64	-2.71	-16.15	8.33	6.4	6.9
Gain (Loss) on Sale of Assets	0.73	0	-0.04	-0.9	-0.38	-1.03
Asset Writedown	-10.17	-3.07	-0.02	-0.13	-1.07	-1.94
Other Unusual Items	12.72	12.72	17.45	33.72	25.7	27.39
Pretax Income	12.52	37.97	91.75	77.66	43.64	90.35
Income Tax Expense	-2.66	-3.42	10.6	-0.01	2.02	14.09
Earnings From Continuing Operations	15.18	41.39	81.15	77.67	41.62	76.26
Earnings From Discontinued Operations	-	-	-	3.86	-	-
Net Income to Company	15.18	41.39	81.15	81.53	41.62	76.26
Minority Interest in Earnings	-0.01	-	0.03	-	-0.5	-5.26
Net Income	15.17	41.39	81.19	81.53	41.12	71
Net Income to Common	15.17	41.39	81.19	81.53	41.12	71
Net Income Growth	-79.99%	-49.02%	-0.42%	98.27%	-42.09%	181.60%
Shares Outstanding (Basic)	520	517	507	530	446	440
Shares Outstanding (Diluted)	520	517	507	530	446	440
Shares Change (YoY)	2.45%	1.95%	-4.28%	18.99%	1.33%	-6.19%
EPS (Basic)	0.03	0.08	0.16	0.15	0.09	0.16
EPS (Diluted)	0.03	0.08	0.16	0.15	0.09	0.16
EPS Growth	-80.47%	-50.00%	4.03%	66.63%	-42.85%	200.19%
Free Cash Flow	156.81	-67.21	-81.44	96.85	65.33	33.96
Free Cash Flow Per Share	0.30	-0.13	-0.16	0.18	0.15	0.08
Dividend Per Share	0.025	0.025	0.154	0.077	0.015	0.231
Dividend Growth	-83.75%	-83.75%	100.00%	399.35%	-93.33%	1398.70%
Gross Margin	17.99%	20.21%	19.13%	21.89%	19.63%	21.83%
Operating Margin	-1.10%	0.21%	-3.01%	-0.45%	0.84%	2.73%
Profit Margin	1.30%	3.47%	6.28%	6.70%	2.96%	4.70%
Free Cash Flow Margin	13.45%	-5.63%	-6.30%	7.96%	4.71%	2.25%
EBITDA	28.24	44.87	5.26	48.08	72.81	108.52
EBITDA Margin	2.42%	3.76%	0.41%	3.95%	5.25%	7.19%
D&A For EBITDA	41.07	42.39	44.16	53.54	61.17	67.28
EBIT	-12.83	2.48	-38.9	-5.46	11.64	41.24
EBIT Margin	-1.10%	0.21%	-3.01%	-0.45%	0.84%	2.73%
Effective Tax Rate	-	-	11.55%	-	4.64%	15.60%
Revenue as Reported	1,166	1,194	1,294	1,407	1,387	1,509

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.