Suzhou TFC Optical Communication Co., Ltd. (SHE:300394)

SHE:300394 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,143	3,232	1,929	1,178	1,005	860.07
Other Revenue	8.17	20.1	9.35	18.76	27.35	13.38
Revenue	4,152	3,252	1,939	1,196	1,032	873.45
Revenue Growth (YoY)	46.68%	67.73%	62.04%	15.88%	18.20%	67.03%
Cost of Revenue	1,975	1,408	902.43	595.14	529.96	418.55
Gross Profit	2,176	1,843	1,036	601.26	502.43	454.9
Selling, General & Admin	157.93	154.99	100.79	80.58	82.83	62.68
Research & Development	245.65	232.24	143.26	122.72	99.67	77.3
Other Operating Expenses	49.31	28.48	15.26	10.79	8.41	8.75
Operating Expenses	480.33	434.12	265.76	212.17	194.67	152.44
Operating Income	1,696	1,409	770.4	389.09	307.76	302.47
Interest Expense	-1.57	-1.3	-0.55	-1.54	-2.05	-0.38
Interest & Investment Income	73.78	74.63	68.42	35.23	24.89	19.94
Currency Exchange Gain (Loss)	-0.68	25.95	7.1	13.45	-0.54	-8.58
Other Non Operating Income (Expenses)	-1.08	-1.06	-0.16	-0.42	-0.47	-0.62
EBT Excluding Unusual Items	1,767	1,508	845.22	435.82	329.59	312.84
Gain (Loss) on Sale of Investments	-0.21	0.02	1.2	2.34	-	-
Gain (Loss) on Sale of Assets	0.7	-0.01	0.87	0.14	0.45	-0
Asset Writedown	-2.5	-0.68	-20.25	-2.02	-0.32	-0.02
Other Unusual Items	61.07	28.19	13.94	14.87	15.59	8.98
Pretax Income	1,826	1,535	840.99	451.15	345.31	321.8
Income Tax Expense	238.86	192.22	111.11	46.22	36.76	38.06
Earnings From Continuing Operations	1,587	1,343	729.88	404.94	308.54	283.74
Minority Interest in Earnings	1.82	0.66	0	-1.99	-2.15	-4.62
Net Income	1,589	1,344	729.88	402.94	306.39	279.12
Net Income to Common	1,589	1,344	729.88	402.94	306.39	279.12
Net Income Growth	38.37%	84.08%	81.14%	31.51%	9.77%	67.55%
Shares Outstanding (Basic)	776	775	774	768	762	699
Shares Outstanding (Diluted)	778	777	774	769	765	702
Shares Change (YoY)	0.41%	0.39%	0.72%	0.48%	8.95%	0.38%
EPS (Basic)	2.05	1.73	0.94	0.52	0.40	0.40
EPS (Diluted)	2.04	1.73	0.94	0.52	0.40	0.40
EPS Growth	37.81%	83.36%	79.84%	30.88%	0.76%	66.92%
Free Cash Flow	894.98	811.04	697.38	352.07	245.49	106.6
Free Cash Flow Per Share	1.15	1.04	0.90	0.46	0.32	0.15
Dividend Per Share	0.857	0.714	0.510	0.255	0.204	0.170
Dividend Growth	-1.17%	40.00%	100.00%	24.99%	19.99%	50.00%
Gross Margin	52.42%	56.69%	53.45%	50.26%	48.67%	52.08%
Operating Margin	40.85%	43.34%	39.74%	32.52%	29.81%	34.63%
Profit Margin	38.26%	41.32%	37.65%	33.68%	29.68%	31.96%
Free Cash Flow Margin	21.56%	24.94%	35.97%	29.43%	23.78%	12.21%
EBITDA	1,857	1,531	857.62	469.2	375.16	351.47
EBITDA Margin	44.74%	47.07%	44.24%	39.22%	36.34%	40.24%
D&A For EBITDA	161.2	121.25	87.22	80.11	67.4	49.01
EBIT	1,696	1,409	770.4	389.09	307.76	302.47
EBIT Margin	40.85%	43.34%	39.74%	32.52%	29.81%	34.63%
Effective Tax Rate	13.08%	12.52%	13.21%	10.24%	10.65%	11.83%
Revenue as Reported	3,252	3,252	1,939	1,196	1,032	873.45
Advertising Expenses	-	1.48	0.83	0.93	0.75	0.82

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