Tongxing Environmental Protection Technology Co.,Ltd (SHE:003027)

SHE:003027 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	800.87	721.34	771.95	934.94	929.37	764.79
Other Revenue	2.97	2.97	3.24	3.33	3.99	2.75
Revenue	803.83	724.31	775.19	938.27	933.36	767.54
Revenue Growth (YoY)	9.46%	-6.56%	-17.38%	0.53%	21.60%	1.10%
Cost of Revenue	643.16	580.83	603.21	642.53	592.2	458.37
Gross Profit	160.68	143.48	171.98	295.74	341.16	309.17
Selling, General & Admin	68.77	69.72	59.46	75.52	68.82	49.85
Research & Development	49.66	50.83	62.1	56.33	48.83	46.45
Other Operating Expenses	15.93	0	4.56	7.43	8.24	3.37
Operating Expenses	156	132.63	151.7	164.45	147.53	107.52
Operating Income	4.68	10.84	20.28	131.29	193.63	201.65
Interest Expense	-5.19	-6.62	-7.07	-3.92	-0.13	-2.95
Interest & Investment Income	29.31	23.13	4.94	15.59	10.33	0.39
Other Non Operating Income (Expenses)	-1.45	-1.25	-0.8	-0.75	-0.5	-0.76
EBT Excluding Unusual Items	27.35	26.1	17.35	142.21	203.32	198.34
Gain (Loss) on Sale of Investments	-1.6	-2	0.26	3.27	0.91	-2.31
Gain (Loss) on Sale of Assets	0.37	-0.05	0.01	-0	-0.24	-
Asset Writedown	1.08	-	-	-0.04	-0	-
Other Unusual Items	21.75	21.52	10.1	8.01	6.51	9.86
Pretax Income	48.95	45.58	27.72	153.44	210.5	205.89
Income Tax Expense	2.11	2.48	-1.05	20.45	28.68	29.22
Earnings From Continuing Operations	46.84	43.11	28.77	132.99	181.82	176.68
Minority Interest in Earnings	-2.61	-4.07	-3.23	-13.11	-19.38	-22.62
Net Income	44.23	39.04	25.54	119.88	162.44	154.06
Net Income to Common	44.23	39.04	25.54	119.88	162.44	154.06
Net Income Growth	531.00%	52.82%	-78.69%	-26.20%	5.44%	-9.53%
Shares Outstanding (Basic)	129	130	134	130	130	98
Shares Outstanding (Diluted)	129	130	134	133	131	98
Shares Change (YoY)	-6.10%	-3.22%	0.93%	1.68%	34.35%	0.01%
EPS (Basic)	0.34	0.30	0.19	0.92	1.25	1.58
EPS (Diluted)	0.34	0.30	0.19	0.90	1.24	1.58
EPS Growth	571.97%	57.89%	-78.89%	-27.42%	-21.52%	-9.54%
Free Cash Flow	105.95	49.92	16.67	-350.14	-28.88	47.72
Free Cash Flow Per Share	0.82	0.38	0.12	-2.63	-0.22	0.49
Dividend Per Share	0.300	0.300	0.060	0.250	0.300	0.333
Dividend Growth	400.00%	400.00%	-76.00%	-16.67%	-9.99%	-
Gross Margin	19.99%	19.81%	22.18%	31.52%	36.55%	40.28%
Operating Margin	0.58%	1.50%	2.62%	13.99%	20.75%	26.27%
Profit Margin	5.50%	5.39%	3.29%	12.78%	17.40%	20.07%
Free Cash Flow Margin	13.18%	6.89%	2.15%	-37.32%	-3.09%	6.22%
EBITDA	49.9	54.66	58.49	150.19	211.56	212.17
EBITDA Margin	6.21%	7.55%	7.54%	16.01%	22.67%	27.64%
D&A For EBITDA	45.23	43.82	38.21	18.9	17.94	10.51
EBIT	4.68	10.84	20.28	131.29	193.63	201.65
EBIT Margin	0.58%	1.50%	2.62%	13.99%	20.75%	26.27%
Effective Tax Rate	4.31%	5.43%	-	13.33%	13.62%	14.19%
Revenue as Reported	803.83	724.31	775.19	938.27	933.36	767.54
Advertising Expenses	-	0.23	0.29	-	-	-

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