Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. (SHE:300265)

SHE:300265 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	2,560	2,554	2,460	2,056	1,894	1,444
Other Revenue	38.7	38.7	26.68	27	28.96	23.09
Revenue	2,598	2,593	2,487	2,083	1,923	1,467
Revenue Growth (YoY)	4.86%	4.27%	19.37%	8.33%	31.04%	-0.57%
Cost of Revenue	2,225	2,201	2,074	1,723	1,609	1,101
Gross Profit	373.48	392.02	412.76	360.13	314.36	366.59
Selling, General & Admin	203.62	199.59	192.9	163.36	154.38	168.36
Research & Development	103.87	102.67	95.95	84.93	76.96	61.3
Other Operating Expenses	-5.6	-24.14	-11.46	6.35	7.96	1.92
Operating Expenses	336.13	310	285.56	266.4	219.63	250.86
Operating Income	37.35	82.02	127.2	93.73	94.73	115.73
Interest Expense	-16.52	-18.01	-23.39	-32.05	-33.96	-37.95
Interest & Investment Income	1.46	2.89	8.23	10.92	2.06	2.46
Currency Exchange Gain (Loss)	0.88	0.88	1.57	5.73	-3.2	-7.48
Other Non Operating Income (Expenses)	-3.36	-2.23	-4.17	-2.65	-1.19	-2.3
EBT Excluding Unusual Items	19.81	65.55	109.45	75.68	58.45	70.46
Impairment of Goodwill	-	-	-4.39	-	-	-
Gain (Loss) on Sale of Investments	2.51	-4.04	4.34	2.27	-5.58	-8.34
Gain (Loss) on Sale of Assets	0.21	-0.82	-0.13	-0.11	0.28	0.3
Asset Writedown	-5.83	-1.44	-2.4	-	-0.06	-
Other Unusual Items	-0.76	-0.23	2.61	19.14	10.04	13.83
Pretax Income	15.94	59.01	109.48	96.98	63.14	76.25
Income Tax Expense	-13.49	7.14	3.41	9.87	8.48	9.74
Earnings From Continuing Operations	29.43	51.87	106.07	87.11	54.66	66.51
Minority Interest in Earnings	-2.41	-5	-5.56	-5.4	-9.72	-7.24
Net Income	27.02	46.87	100.51	81.71	44.94	59.27
Net Income to Common	27.02	46.87	100.51	81.71	44.94	59.27
Net Income Growth	-52.03%	-53.36%	23.00%	81.84%	-24.18%	118.72%
Shares Outstanding (Basic)	459	469	402	371	374	349
Shares Outstanding (Diluted)	459	469	402	371	374	349
Shares Change (YoY)	-4.29%	16.59%	8.24%	-0.81%	7.41%	2.93%
EPS (Basic)	0.06	0.10	0.25	0.22	0.12	0.17
EPS (Diluted)	0.06	0.10	0.25	0.22	0.12	0.17
EPS Growth	-49.89%	-60.00%	13.64%	83.33%	-29.41%	112.50%
Free Cash Flow	145.85	-60.18	15.72	-95.1	-139.18	19.08
Free Cash Flow Per Share	0.32	-0.13	0.04	-0.26	-0.37	0.06
Dividend Per Share	0.040	0.040	0.080	0.025	0.020	0.020
Dividend Growth	-50.00%	-50.00%	220.00%	25.00%	-	33.33%
Gross Margin	14.37%	15.12%	16.60%	17.29%	16.35%	24.98%
Operating Margin	1.44%	3.16%	5.12%	4.50%	4.93%	7.89%
Profit Margin	1.04%	1.81%	4.04%	3.92%	2.34%	4.04%
Free Cash Flow Margin	5.61%	-2.32%	0.63%	-4.57%	-7.24%	1.30%
EBITDA	118.78	160.31	201.3	150.76	148.51	159.58
EBITDA Margin	4.57%	6.18%	8.09%	7.24%	7.72%	10.88%
D&A For EBITDA	81.43	78.29	74.1	57.03	53.78	43.85
EBIT	37.35	82.02	127.2	93.73	94.73	115.73
EBIT Margin	1.44%	3.16%	5.12%	4.50%	4.93%	7.89%
Effective Tax Rate	-	12.10%	3.12%	10.18%	13.43%	12.78%
Revenue as Reported	2,598	2,593	2,487	2,083	1,923	1,467
Advertising Expenses	-	2.01	2.9	2.25	4.13	3.44

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