Tofflon Science and Technology Group Co., Ltd. (SHE:300171)

SHE:300171 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,216	5,002	5,632	5,466	4,189	2,707
Other Revenue	8.11	8.11	10	3.15	3.82	0.62
Revenue	5,224	5,010	5,642	5,469	4,192	2,708
Revenue Growth (YoY)	8.70%	-11.19%	3.15%	30.46%	54.83%	19.60%
Cost of Revenue	3,806	3,706	3,756	3,383	2,288	1,607
Gross Profit	1,418	1,305	1,885	2,087	1,904	1,100
Selling, General & Admin	916.54	839.28	874.68	729.57	567.49	424.38
Research & Development	341.98	346.29	379.53	332.85	284.5	156.13
Other Operating Expenses	5.58	-4.52	25.23	31.86	16.48	9.17
Operating Expenses	1,286	1,201	1,292	1,220	965.9	632.47
Operating Income	131.94	103.11	593.08	866.43	938.06	467.73
Interest Expense	-0.92	-0.17	-0.24	-0.32	-0.25	-0.01
Interest & Investment Income	50.34	37.03	43.26	45.92	14.25	13.35
Currency Exchange Gain (Loss)	-6.33	-6.33	14.21	18.95	-3.28	-11.64
Other Non Operating Income (Expenses)	-10.24	-5.02	-4	-6.43	-4.98	0.88
EBT Excluding Unusual Items	164.79	128.62	646.31	924.55	943.79	470.31
Impairment of Goodwill	-	-	-	-	-	-3.54
Gain (Loss) on Sale of Investments	4.52	10.6	21.36	22.93	44.94	46.65
Gain (Loss) on Sale of Assets	-0.17	-0.03	0.04	0.22	0.2	-0.14
Asset Writedown	-42.58	-0.65	-0.7	-0.74	-0.17	-0.65
Legal Settlements	-	-	-1.03	-	-	-
Other Unusual Items	88.59	88.59	42.81	55.45	30.8	36.93
Pretax Income	215.14	227.12	708.79	1,002	1,020	549.56
Income Tax Expense	30.33	18.85	62.32	99.37	133.39	68.18
Earnings From Continuing Operations	184.81	208.27	646.47	903.04	886.17	481.39
Minority Interest in Earnings	-11.89	-14.18	-46.23	-56.47	-58.39	-17.89
Net Income	172.92	194.09	600.24	846.57	827.78	463.49
Net Income to Common	172.92	194.09	600.24	846.57	827.78	463.49
Net Income Growth	1.97%	-67.66%	-29.10%	2.27%	78.59%	217.87%
Shares Outstanding (Basic)	745	747	760	632	627	626
Shares Outstanding (Diluted)	745	747	760	637	637	626
Shares Change (YoY)	-2.60%	-1.75%	19.37%	-0.04%	1.66%	-1.20%
EPS (Basic)	0.23	0.26	0.79	1.34	1.32	0.74
EPS (Diluted)	0.23	0.26	0.79	1.33	1.30	0.74
EPS Growth	4.69%	-67.09%	-40.60%	2.31%	75.68%	221.74%
Free Cash Flow	420.73	382.11	-1,019	-478.56	914.81	1,089
Free Cash Flow Per Share	0.56	0.51	-1.34	-0.75	1.44	1.74
Dividend Per Share	0.106	0.076	0.239	0.330	0.386	0.220
Dividend Growth	-55.68%	-68.23%	-27.52%	-14.43%	75.30%	214.29%
Gross Margin	27.14%	26.04%	33.42%	38.16%	45.41%	40.63%
Operating Margin	2.53%	2.06%	10.51%	15.84%	22.38%	17.27%
Profit Margin	3.31%	3.87%	10.64%	15.48%	19.74%	17.12%
Free Cash Flow Margin	8.05%	7.63%	-18.05%	-8.75%	21.82%	40.22%
EBITDA	249.48	206.67	678.01	926.16	980.91	512.09
EBITDA Margin	4.78%	4.13%	12.02%	16.93%	23.40%	18.91%
D&A For EBITDA	117.55	103.56	84.92	59.74	42.85	44.36
EBIT	131.94	103.11	593.08	866.43	938.06	467.73
EBIT Margin	2.53%	2.06%	10.51%	15.84%	22.38%	17.27%
Effective Tax Rate	14.10%	8.30%	8.79%	9.91%	13.08%	12.41%
Revenue as Reported	5,224	5,010	5,642	5,469	4,192	2,708
Advertising Expenses	-	30.69	31.63	40.4	63.6	65.86

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