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

T&S Communications Co.,Ltd. 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	1,177	884.46	931.68	644.22	570.49	749.37
Other Revenue	0.31	0.31	1.82	2.1	3.15	3.86
Revenue	1,178	884.78	933.51	646.33	573.64	753.23
Revenue Growth (YoY)	38.06%	-5.22%	44.43%	12.67%	-23.84%	-5.14%
Cost of Revenue	803.21	640.15	646.05	474.54	415.22	510.96
Gross Profit	374.39	244.62	287.46	171.79	158.42	242.27
Selling, General & Admin	78.11	64.25	80.44	56.91	50.84	66.35
Research & Development	72.8	55.3	67.18	36.46	34.7	37.46
Other Operating Expenses	11.42	0.38	1.78	4.85	1	8.91
Operating Expenses	168.7	127.11	153.81	100.38	91.04	105.27
Operating Income	205.69	117.51	133.65	71.41	67.38	137
Interest Expense	-0.03	-0.03	-0.05	-0.04	-	-
Interest & Investment Income	21.77	22.65	6.12	8.65	19.6	35.09
Currency Exchange Gain (Loss)	9.54	9.54	58.06	-13.14	-18.13	7.19
Other Non Operating Income (Expenses)	-15.43	-0.31	-0.13	-0.04	-0.32	-0.47
EBT Excluding Unusual Items	221.54	149.36	197.64	66.84	68.54	178.8
Gain (Loss) on Sale of Investments	4.8	4.8	-1.37	-	1.66	-1.66
Gain (Loss) on Sale of Assets	0	-	-	0.46	0.07	-
Asset Writedown	-18.67	-0.37	-0.87	-0.58	-0.08	-0.12
Other Unusual Items	14.96	10.3	6.23	11.07	13.3	15.9
Pretax Income	222.64	164.09	201.63	77.79	83.49	192.92
Income Tax Expense	24.66	12.34	23.2	7.17	11.31	26.77
Earnings From Continuing Operations	197.98	151.75	178.43	70.63	72.19	166.16
Minority Interest in Earnings	-1.91	3.34	1.61	1.13	3.43	1.9
Net Income	196.07	155.09	180.04	71.76	75.62	168.06
Net Income to Common	196.07	155.09	180.04	71.76	75.62	168.06
Net Income Growth	45.84%	-13.86%	150.91%	-5.10%	-55.01%	10.03%
Shares Outstanding (Basic)	227	225	222	224	229	230
Shares Outstanding (Diluted)	227	225	228	224	229	230
Shares Change (YoY)	-1.65%	-1.38%	1.63%	-2.14%	-0.47%	-0.52%
EPS (Basic)	0.86	0.69	0.81	0.32	0.33	0.73
EPS (Diluted)	0.86	0.69	0.79	0.32	0.33	0.73
EPS Growth	48.30%	-12.66%	146.88%	-3.03%	-54.79%	10.61%
Free Cash Flow	59.64	104.85	80.66	45.02	-26.26	192.56
Free Cash Flow Per Share	0.26	0.47	0.35	0.20	-0.11	0.84
Dividend Per Share	0.500	0.500	0.500	0.300	0.300	0.450
Dividend Growth	0%	0%	66.67%	0%	-33.33%	25.00%
Gross Margin	31.79%	27.65%	30.79%	26.58%	27.62%	32.16%
Operating Margin	17.47%	13.28%	14.32%	11.05%	11.75%	18.19%
Profit Margin	16.65%	17.53%	19.29%	11.10%	13.18%	22.31%
Free Cash Flow Margin	5.06%	11.85%	8.64%	6.97%	-4.58%	25.56%
EBITDA	241.76	152.94	168.22	103.81	95.8	164.3
EBITDA Margin	20.53%	17.29%	18.02%	16.06%	16.70%	21.81%
D&A For EBITDA	36.07	35.43	34.57	32.4	28.42	27.3
EBIT	205.69	117.51	133.65	71.41	67.38	137
EBIT Margin	17.47%	13.28%	14.32%	11.05%	11.75%	18.19%
Effective Tax Rate	11.07%	7.52%	11.51%	9.21%	13.54%	13.87%
Revenue as Reported	1,178	884.78	933.51	646.33	573.64	753.23

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