Shenzhen TVT Digital Technology Co., Ltd. (SHE:002835)

SHE:002835 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	1,156	1,162	1,061	944.22	971.14	763.77
Other Revenue	-	-	24.83	26.46	32.62	24.63
Revenue	1,156	1,162	1,085	970.68	1,004	788.39
Revenue Growth (YoY)	0.38%	7.04%	11.82%	-3.29%	27.32%	23.95%
Cost of Revenue	642.27	660.95	658.39	632.62	707.16	501.57
Gross Profit	513.61	500.9	427.03	338.06	296.6	286.83
Selling, General & Admin	106.13	103.51	93.26	72.98	65.95	60.9
Research & Development	199.92	198.01	181.77	172.38	143.76	125.61
Other Operating Expenses	2.36	3.46	9.59	8.35	9.07	6.74
Operating Expenses	308.4	304.97	285.53	254.8	221.99	195.89
Operating Income	205.2	195.93	141.5	83.26	74.61	90.94
Interest Expense	-	-	-2.64	-3.41	-3.21	-3.45
Interest & Investment Income	5.04	5.2	5.53	1.18	12.27	1.37
Currency Exchange Gain (Loss)	-	-	3.17	27.73	-8.38	-26.78
Other Non Operating Income (Expenses)	7.41	9.82	-0.76	-0.47	-0.72	0.52
EBT Excluding Unusual Items	217.65	210.95	146.81	108.3	74.57	62.6
Gain (Loss) on Sale of Investments	3.73	-1.33	-0.98	-4.04	-	-0.13
Gain (Loss) on Sale of Assets	-0.08	-0.02	-0.07	-0.01	1.25	-0.05
Asset Writedown	-13.25	-10.33	-0.05	-0.02	-0.01	-0.22
Other Unusual Items	-	-	4.62	6.34	13.87	7.71
Pretax Income	208.05	199.26	150.32	110.55	89.68	69.9
Income Tax Expense	-1.25	-1.2	-0.27	1.03	-0.64	-0.75
Net Income	209.3	200.47	150.59	109.52	90.32	70.65
Net Income to Common	209.3	200.47	150.59	109.52	90.32	70.65
Net Income Growth	13.04%	33.12%	37.51%	21.26%	27.83%	126.21%
Shares Outstanding (Basic)	218	218	218	219	215	214
Shares Outstanding (Diluted)	218	218	218	219	220	214
Shares Change (YoY)	0.16%	-0.16%	-0.36%	-0.56%	2.89%	-4.03%
EPS (Basic)	0.96	0.92	0.69	0.50	0.42	0.33
EPS (Diluted)	0.96	0.92	0.69	0.50	0.41	0.33
EPS Growth	12.86%	33.33%	38.00%	21.95%	24.24%	135.71%
Free Cash Flow	157.1	196.57	240.39	141.21	-55.91	15.48
Free Cash Flow Per Share	0.72	0.90	1.10	0.65	-0.25	0.07
Dividend Per Share	-	-	0.210	0.150	0.120	0.100
Dividend Growth	-	-	40.00%	25.00%	20.00%	132.56%
Gross Margin	44.43%	43.11%	39.34%	34.83%	29.55%	36.38%
Operating Margin	17.75%	16.86%	13.04%	8.58%	7.43%	11.54%
Profit Margin	18.11%	17.25%	13.87%	11.28%	9.00%	8.96%
Free Cash Flow Margin	13.59%	16.92%	22.15%	14.55%	-5.57%	1.96%
EBITDA	231.46	222.36	168.62	110.62	100.6	111.71
EBITDA Margin	20.03%	19.14%	15.53%	11.40%	10.02%	14.17%
D&A For EBITDA	26.26	26.43	27.12	27.36	26	20.77
EBIT	205.2	195.93	141.5	83.26	74.61	90.94
EBIT Margin	17.75%	16.86%	13.04%	8.58%	7.43%	11.54%
Effective Tax Rate	-	-	-	0.94%	-	-
Revenue as Reported	-	-	1,085	970.68	1,004	788.39

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