Tianjin Keyvia Electric Co.,Ltd (SHE:300407)

SHE:300407 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	2,324	2,205	1,993	1,907	1,892	1,940
Other Revenue	7.39	7.39	7.55	7.09	7.87	7.73
Revenue	2,331	2,212	2,001	1,914	1,900	1,948
Revenue Growth (YoY)	13.37%	10.57%	4.55%	0.74%	-2.49%	7.71%
Cost of Revenue	1,760	1,658	1,470	1,376	1,424	1,453
Gross Profit	570.96	553.79	530.53	538.05	475.28	495.25
Selling, General & Admin	353.41	340.88	316.7	275.56	274.6	259.77
Research & Development	110.33	108.32	100.22	89.12	95.5	87.36
Other Operating Expenses	-1.77	-2.93	-2.33	1.72	-3.13	-0.32
Operating Expenses	499.84	463.8	417.48	425.12	390.36	379.41
Operating Income	71.12	89.99	113.05	112.93	84.92	115.84
Interest Expense	-6.07	-7.12	-12.98	-17.13	-15.01	-15.1
Interest & Investment Income	16.75	16.73	12.66	2	2.82	4.93
Currency Exchange Gain (Loss)	0.1	0.1	-1.37	1.35	7.19	-2.77
Other Non Operating Income (Expenses)	-11.16	-9.84	-9.49	-5.84	-12.21	-8.1
EBT Excluding Unusual Items	70.74	89.86	101.87	93.31	67.72	94.81
Gain (Loss) on Sale of Investments	0.27	-	-1.06	-0.37	-	-
Gain (Loss) on Sale of Assets	-0.13	-0.13	-0	-0.01	-0.23	-0.14
Asset Writedown	-2.47	-0.12	-0.03	-0.17	-	-
Other Unusual Items	23.32	23.32	10.44	9.2	9.48	0.46
Pretax Income	91.72	112.94	111.22	101.96	76.98	95.13
Income Tax Expense	27.7	29.66	18.72	12.66	10.21	10.07
Earnings From Continuing Operations	64.02	83.28	92.5	89.29	66.77	85.05
Minority Interest in Earnings	10.44	10.61	3.8	-0.3	0.62	0.11
Net Income	74.45	93.89	96.31	88.99	67.38	85.17
Net Income to Common	74.45	93.89	96.31	88.99	67.38	85.17
Net Income Growth	-29.85%	-2.51%	8.22%	32.07%	-20.88%	24.82%
Shares Outstanding (Basic)	294	313	311	307	306	304
Shares Outstanding (Diluted)	294	313	311	307	306	304
Shares Change (YoY)	-6.36%	0.74%	1.24%	0.19%	0.70%	6.98%
EPS (Basic)	0.25	0.30	0.31	0.29	0.22	0.28
EPS (Diluted)	0.25	0.30	0.31	0.29	0.22	0.28
EPS Growth	-25.09%	-3.23%	6.90%	31.82%	-21.43%	16.67%
Free Cash Flow	162.64	190.82	140.96	59.03	56.58	95.86
Free Cash Flow Per Share	0.55	0.61	0.45	0.19	0.18	0.32
Dividend Per Share	0.100	0.100	0.127	0.050	0.023	0.066
Dividend Growth	-21.26%	-21.26%	154.00%	117.90%	-65.00%	166.59%
Gross Margin	24.49%	25.03%	26.52%	28.12%	25.02%	25.42%
Operating Margin	3.05%	4.07%	5.65%	5.90%	4.47%	5.95%
Profit Margin	3.19%	4.24%	4.81%	4.65%	3.55%	4.37%
Free Cash Flow Margin	6.98%	8.63%	7.05%	3.08%	2.98%	4.92%
EBITDA	128.52	147.04	168.67	162.57	131.21	164.1
EBITDA Margin	5.51%	6.65%	8.43%	8.49%	6.91%	8.42%
D&A For EBITDA	57.41	57.05	55.62	49.64	46.29	48.26
EBIT	71.12	89.99	113.05	112.93	84.92	115.84
EBIT Margin	3.05%	4.07%	5.65%	5.90%	4.47%	5.95%
Effective Tax Rate	30.20%	26.26%	16.83%	12.42%	13.26%	10.59%
Revenue as Reported	2,331	2,212	2,001	1,914	1,900	1,948
Advertising Expenses	-	4.37	2.63	3.31	1.3	1.97

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