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

Suzhou TFC Optical Communication Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	3,118	1,929	1,178	1,005	860.07	510.11
Other Revenue	9.35	9.35	18.76	27.35	13.38	12.82
Revenue	3,127	1,939	1,196	1,032	873.45	522.93
Revenue Growth (YoY)	106.71%	62.04%	15.89%	18.20%	67.03%	18.07%
Cost of Revenue	1,335	902.43	595.14	529.96	418.55	253.3
Gross Profit	1,792	1,036	601.26	502.43	454.9	269.63
Selling, General & Admin	146.63	100.79	80.58	82.83	62.68	39.13
Research & Development	211.38	143.26	122.72	99.67	77.3	56.04
Other Operating Expenses	40.27	15.26	10.79	8.41	8.75	6.13
Operating Expenses	417.08	265.43	212.17	194.67	152.44	103.67
Operating Income	1,375	770.74	389.09	307.76	302.47	165.96
Interest Expense	-1	-0.55	-1.54	-2.05	-0.38	-
Interest & Investment Income	76.37	68.42	35.23	24.89	19.94	21.39
Currency Exchange Gain (Loss)	7.1	7.1	13.45	-0.54	-8.58	1.22
Other Non Operating Income (Expenses)	-35.04	-0.49	-0.42	-0.47	-0.62	-0.29
EBT Excluding Unusual Items	1,422	845.22	435.82	329.59	312.84	188.28
Gain (Loss) on Sale of Investments	0.54	1.2	2.34	-	-	-
Gain (Loss) on Sale of Assets	-0.73	0.87	0.14	0.45	-0	-
Asset Writedown	-2.49	-20.25	-2.02	-0.32	-0.02	-0.02
Other Unusual Items	35.02	13.94	14.87	15.59	8.98	3.78
Pretax Income	1,454	840.99	451.15	345.31	321.8	192.04
Income Tax Expense	186.54	111.11	46.22	36.76	38.06	24.76
Earnings From Continuing Operations	1,268	729.88	404.94	308.54	283.74	167.28
Minority Interest in Earnings	-0.66	0	-1.99	-2.15	-4.62	-0.69
Net Income	1,267	729.88	402.94	306.39	279.12	166.59
Net Income to Common	1,267	729.88	402.94	306.39	279.12	166.59
Net Income Growth	124.35%	81.14%	31.51%	9.77%	67.55%	22.91%
Shares Outstanding (Basic)	554	553	548	544	499	500
Shares Outstanding (Diluted)	554	553	549	546	501	500
Shares Change (YoY)	0.45%	0.73%	0.50%	8.93%	0.36%	3.85%
EPS (Basic)	2.29	1.32	0.73	0.56	0.56	0.33
EPS (Diluted)	2.29	1.32	0.73	0.56	0.56	0.33
EPS Growth	123.35%	79.82%	30.86%	0.77%	66.95%	18.35%
Free Cash Flow	920.58	697.38	352.07	245.49	106.6	28.12
Free Cash Flow Per Share	1.66	1.26	0.64	0.45	0.21	0.06
Dividend Per Share	1.214	0.714	0.357	0.286	0.238	0.159
Dividend Growth	240.04%	100.03%	24.99%	19.99%	50.03%	11.06%
Gross Margin	57.30%	53.45%	50.26%	48.67%	52.08%	51.56%
Operating Margin	43.96%	39.76%	32.52%	29.81%	34.63%	31.74%
Profit Margin	40.52%	37.65%	33.68%	29.68%	31.96%	31.86%
Free Cash Flow Margin	29.44%	35.97%	29.43%	23.78%	12.21%	5.38%
EBITDA	1,467	857.95	469.2	375.16	351.47	196.16
EBITDA Margin	46.92%	44.26%	39.22%	36.34%	40.24%	37.51%
D&A For EBITDA	92.55	87.22	80.11	67.4	49.01	30.2
EBIT	1,375	770.74	389.09	307.76	302.47	165.96
EBIT Margin	43.96%	39.76%	32.52%	29.81%	34.63%	31.74%
Effective Tax Rate	12.83%	13.21%	10.24%	10.65%	11.83%	12.89%
Revenue as Reported	3,127	1,939	1,196	1,032	873.45	522.93
Advertising Expenses	-	0.83	0.93	0.75	0.82	1.05

Source: S&P Capital IQ. Standard template. Financial Sources.