Changshu Tianyin Electromechanical Co.,Ltd (SHE:300342)

SHE:300342 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	1,021	1,024	1,031	830.73	1,033	894.07
Other Revenue	23.83	23.83	10.49	8.51	6.56	4.32
Revenue	1,045	1,048	1,041	839.25	1,039	898.39
Revenue Growth (YoY)	3.54%	0.63%	24.07%	-19.24%	15.67%	-4.97%
Cost of Revenue	802.56	801.54	803.24	642.73	726.87	597.41
Gross Profit	242.58	246.27	238.05	196.52	312.28	300.97
Selling, General & Admin	80.91	82.59	80.49	87.75	88.82	62.57
Research & Development	77.54	80.46	79.92	77.27	92.64	82.84
Other Operating Expenses	3.72	3.62	1.32	8.06	5.91	3.42
Operating Expenses	166.82	174.68	171.29	175.7	187.35	152.77
Operating Income	75.77	71.59	66.76	20.82	124.93	148.2
Interest Expense	-2.32	-2.01	-2.84	-5.68	-4.86	-3.96
Interest & Investment Income	25.39	23.29	0.16	0.26	0.33	1.81
Currency Exchange Gain (Loss)	2.71	2.71	1.26	8.41	-2.18	-6.57
Other Non Operating Income (Expenses)	-0.5	-0.4	-0.73	-0.18	0.35	-0.43
EBT Excluding Unusual Items	101.04	95.18	64.61	23.62	118.56	139.05
Impairment of Goodwill	-	-	-	-12.74	-5.27	-
Gain (Loss) on Sale of Investments	0.38	-	-25.4	-2.24	-5.07	-2.87
Gain (Loss) on Sale of Assets	0.03	0.07	-	0.1	-0.01	0
Asset Writedown	0	-0.02	-0.05	-	-0.38	-0.08
Other Unusual Items	3.84	3.76	1.46	3.11	7.34	10.28
Pretax Income	105.28	98.99	40.63	11.84	115.18	146.38
Income Tax Expense	8.29	7.34	6.96	3.24	15.36	18.35
Earnings From Continuing Operations	96.99	91.65	33.67	8.6	99.82	128.03
Minority Interest in Earnings	-1.6	-1.24	-0.89	-0.78	-0.19	-0.45
Net Income	95.39	90.41	32.78	7.82	99.63	127.58
Net Income to Common	95.39	90.41	32.78	7.82	99.63	127.58
Net Income Growth	407.89%	175.80%	319.10%	-92.15%	-21.91%	-9.87%
Shares Outstanding (Basic)	425	425	425	425	433	425
Shares Outstanding (Diluted)	425	425	425	425	433	425
Shares Change (YoY)	0.04%	-0.03%	0.02%	-1.87%	1.86%	-0.85%
EPS (Basic)	0.22	0.21	0.08	0.02	0.23	0.30
EPS (Diluted)	0.22	0.21	0.08	0.02	0.23	0.30
EPS Growth	407.70%	175.88%	319.02%	-92.00%	-23.33%	-9.09%
Free Cash Flow	53.14	63.8	154.4	32.92	-17.37	136.52
Free Cash Flow Per Share	0.13	0.15	0.36	0.08	-0.04	0.32
Dividend Per Share	0.065	0.065	0.100	-	0.100	0.150
Dividend Growth	-35.00%	-35.00%	-	-	-33.33%	-
Gross Margin	23.21%	23.50%	22.86%	23.42%	30.05%	33.50%
Operating Margin	7.25%	6.83%	6.41%	2.48%	12.02%	16.50%
Profit Margin	9.13%	8.63%	3.15%	0.93%	9.59%	14.20%
Free Cash Flow Margin	5.08%	6.09%	14.83%	3.92%	-1.67%	15.20%
EBITDA	122.41	119.14	117.92	73.18	166.5	184.05
EBITDA Margin	11.71%	11.37%	11.33%	8.72%	16.02%	20.49%
D&A For EBITDA	46.65	47.55	51.16	52.37	41.58	35.85
EBIT	75.77	71.59	66.76	20.82	124.93	148.2
EBIT Margin	7.25%	6.83%	6.41%	2.48%	12.02%	16.50%
Effective Tax Rate	7.88%	7.41%	17.12%	27.40%	13.33%	12.54%
Revenue as Reported	1,045	1,048	1,041	839.25	1,039	898.39
Advertising Expenses	-	0.52	0.42	0.04	0.5	0.3

Updated Oct 22, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.