Guizhou Taiyong-Changzheng Technology Co.,Ltd. (SHE:002927)

SHE:002927 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	861.8	887.19	1,034	892.96	942.92	775.59
Other Revenue	4.81	4.81	3.58	2.79	10.46	3.53
Revenue	866.6	892	1,038	895.74	953.38	779.12
Revenue Growth (YoY)	-16.79%	-14.07%	15.88%	-6.05%	22.37%	29.54%
Cost of Revenue	624.38	638.03	721.03	577.43	641.3	481.53
Gross Profit	242.22	253.97	316.98	318.31	312.08	297.59
Selling, General & Admin	162.95	164.3	182.87	171.69	159.6	143.86
Research & Development	54.34	56.29	58.6	57.68	47.15	34.52
Other Operating Expenses	-1.7	-1.04	-4.95	-1.23	-1.15	0.42
Operating Expenses	215.44	222.1	244.75	254.65	213.4	196.38
Operating Income	26.78	31.87	72.23	63.66	98.68	101.21
Interest Expense	-2.46	-2.12	-1.82	-1.05	-3	-1.35
Interest & Investment Income	12.02	11.95	10.79	11.57	15.5	11.02
Other Non Operating Income (Expenses)	3.43	3.43	-2.49	-0.29	-0.15	-0.13
EBT Excluding Unusual Items	39.78	45.12	78.71	73.88	111.03	110.76
Gain (Loss) on Sale of Investments	-11.14	-11.15	0.66	-	-	-
Gain (Loss) on Sale of Assets	0.78	0.74	-	0.14	0.04	0.01
Asset Writedown	0.04	-0.01	-0.01	-1.79	-0.01	-0.01
Other Unusual Items	7.98	7.98	3.44	4.05	-0.66	1.5
Pretax Income	37.45	42.69	82.79	76.28	110.41	112.24
Income Tax Expense	-1.56	0.28	5.65	4.92	1.64	10.59
Earnings From Continuing Operations	39.01	42.41	77.15	71.36	108.77	101.65
Minority Interest in Earnings	-3.3	-5.04	-6.82	-3.1	-12.95	-17.42
Net Income	35.71	37.37	70.32	68.26	95.82	84.24
Net Income to Common	35.71	37.37	70.32	68.26	95.82	84.24
Net Income Growth	-49.75%	-46.86%	3.03%	-28.77%	13.75%	14.47%
Shares Outstanding (Basic)	222	220	220	220	223	222
Shares Outstanding (Diluted)	222	220	220	220	223	222
Shares Change (YoY)	3.81%	0.02%	-0.19%	-1.20%	0.53%	-0.59%
EPS (Basic)	0.16	0.17	0.32	0.31	0.43	0.38
EPS (Diluted)	0.16	0.17	0.32	0.31	0.43	0.38
EPS Growth	-51.59%	-46.88%	3.23%	-27.91%	13.16%	15.15%
Free Cash Flow	88.16	87.92	76.04	15.14	19.77	-29.04
Free Cash Flow Per Share	0.40	0.40	0.35	0.07	0.09	-0.13
Dividend Per Share	0.100	0.100	0.135	0.120	0.120	0.120
Dividend Growth	-25.93%	-25.93%	12.50%	-	-	-27.45%
Gross Margin	27.95%	28.47%	30.54%	35.54%	32.73%	38.20%
Operating Margin	3.09%	3.57%	6.96%	7.11%	10.35%	12.99%
Profit Margin	4.12%	4.19%	6.78%	7.62%	10.05%	10.81%
Free Cash Flow Margin	10.17%	9.86%	7.32%	1.69%	2.07%	-3.73%
EBITDA	44.95	50.32	91.82	83.5	116.04	116.98
EBITDA Margin	5.19%	5.64%	8.85%	9.32%	12.17%	15.02%
D&A For EBITDA	18.17	18.45	19.58	19.85	17.36	15.78
EBIT	26.78	31.87	72.23	63.66	98.68	101.21
EBIT Margin	3.09%	3.57%	6.96%	7.11%	10.35%	12.99%
Effective Tax Rate	-	0.65%	6.82%	6.45%	1.49%	9.44%
Revenue as Reported	866.6	892	1,038	895.74	953.38	779.12

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