T&S Communications Co.,Ltd. (SHE:300570)

T&S Communications Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,378	884.46	931.68	644.22	570.49
Other Revenue	-	0.31	1.82	2.1	3.15
Revenue	1,378	884.78	933.51	646.33	573.64
Revenue Growth (YoY)	55.73%	-5.22%	44.43%	12.67%	-23.84%
Cost of Revenue	887.11	640.15	646.05	474.54	415.22
Gross Profit	490.71	244.62	287.46	171.79	158.42
Selling, General & Admin	118.24	64.25	80.44	56.91	50.84
Research & Development	70.64	55.3	67.18	36.46	34.7
Other Operating Expenses	4.74	0.38	1.78	4.85	1
Operating Expenses	193.63	127.11	153.81	100.38	91.04
Operating Income	297.08	117.51	133.65	71.41	67.38
Interest Expense	-	-0.03	-0.05	-0.04	-
Interest & Investment Income	3.77	22.65	6.12	8.65	19.6
Currency Exchange Gain (Loss)	-	9.54	58.06	-13.14	-18.13
Other Non Operating Income (Expenses)	30.16	-0.31	-0.13	-0.04	-0.32
EBT Excluding Unusual Items	331.01	149.36	197.64	66.84	68.54
Gain (Loss) on Sale of Investments	5.06	4.8	-1.37	-	1.66
Gain (Loss) on Sale of Assets	-	-	-	0.46	0.07
Asset Writedown	-32.53	-0.37	-0.87	-0.58	-0.08
Other Unusual Items	-	10.3	6.23	11.07	13.3
Pretax Income	303.54	164.09	201.63	77.79	83.49
Income Tax Expense	33.73	12.34	23.2	7.17	11.31
Earnings From Continuing Operations	269.81	151.75	178.43	70.63	72.19
Minority Interest in Earnings	-8.55	3.34	1.61	1.13	3.43
Net Income	261.26	155.09	180.04	71.76	75.62
Net Income to Common	261.26	155.09	180.04	71.76	75.62
Net Income Growth	68.45%	-13.86%	150.91%	-5.10%	-55.01%
Shares Outstanding (Basic)	227	225	222	224	229
Shares Outstanding (Diluted)	227	225	228	224	229
Shares Change (YoY)	1.07%	-1.38%	1.63%	-2.14%	-0.47%
EPS (Basic)	1.15	0.69	0.81	0.32	0.33
EPS (Diluted)	1.15	0.69	0.79	0.32	0.33
EPS Growth	66.67%	-12.66%	146.88%	-3.03%	-54.80%
Free Cash Flow	127.44	104.85	80.66	45.02	-26.26
Free Cash Flow Per Share	0.56	0.47	0.35	0.20	-0.12
Dividend Per Share	-	0.500	0.500	0.300	0.300
Dividend Growth	-	-	66.67%	-	-33.33%
Gross Margin	35.62%	27.65%	30.79%	26.58%	27.62%
Operating Margin	21.56%	13.28%	14.32%	11.05%	11.75%
Profit Margin	18.96%	17.53%	19.29%	11.10%	13.18%
Free Cash Flow Margin	9.25%	11.85%	8.64%	6.97%	-4.58%
EBITDA	329.75	152.94	168.22	103.81	95.8
EBITDA Margin	23.93%	17.29%	18.02%	16.06%	16.70%
D&A For EBITDA	32.66	35.43	34.57	32.4	28.42
EBIT	297.08	117.51	133.65	71.41	67.38
EBIT Margin	21.56%	13.28%	14.32%	11.05%	11.75%
Effective Tax Rate	11.11%	7.52%	11.51%	9.21%	13.54%
Revenue as Reported	-	884.78	933.51	646.33	573.64

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.