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

T&S Communications 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	1,525	1,378	884.46	931.68	644.22	570.49
Other Revenue	0.01	0.01	0.31	1.82	2.1	3.15
Revenue	1,525	1,378	884.78	933.51	646.33	573.64
Revenue Growth (YoY)	66.12%	55.73%	-5.22%	44.43%	12.67%	-23.84%
Cost of Revenue	979.94	919.64	640.15	646.05	474.54	415.22
Gross Profit	545.15	458.18	244.62	287.46	171.79	158.42
Selling, General & Admin	135.35	118.24	64.25	80.44	56.91	50.84
Research & Development	70.62	70.64	55.3	67.18	36.46	34.7
Other Operating Expenses	10.55	7.44	-1.12	1.78	4.85	1
Operating Expenses	220.52	200.32	125.61	153.81	100.38	91.04
Operating Income	324.63	257.86	119.01	133.65	71.41	67.38
Interest Expense	-0.1	-0.08	-0.03	-0.05	-0.04	-
Interest & Investment Income	30.52	23.07	22.65	6.12	8.65	19.6
Currency Exchange Gain (Loss)	12.81	12.81	9.54	58.06	-13.14	-18.13
Other Non Operating Income (Expenses)	-2.67	-0.98	-0.31	-0.13	-0.04	-0.32
EBT Excluding Unusual Items	365.19	292.68	150.86	197.64	66.84	68.54
Gain (Loss) on Sale of Investments	-5.79	5.06	4.8	-1.37	-	1.66
Gain (Loss) on Sale of Assets	-	-	-	-	0.46	0.07
Asset Writedown	-3.91	-0.2	-0.37	-0.87	-0.58	-0.08
Other Unusual Items	7.55	6.01	8.8	6.23	11.07	13.3
Pretax Income	363.04	303.54	164.09	201.63	77.79	83.49
Income Tax Expense	44.08	33.73	12.34	23.2	7.17	11.31
Earnings From Continuing Operations	318.97	269.81	151.75	178.43	70.63	72.19
Minority Interest in Earnings	-10.09	-8.55	3.34	1.61	1.13	3.43
Net Income	308.88	261.26	155.09	180.04	71.76	75.62
Net Income to Common	308.88	261.26	155.09	180.04	71.76	75.62
Net Income Growth	95.26%	68.45%	-13.86%	150.91%	-5.10%	-55.01%
Shares Outstanding (Basic)	227	227	225	222	224	229
Shares Outstanding (Diluted)	227	227	225	228	224	229
Shares Change (YoY)	0.36%	1.07%	-1.38%	1.63%	-2.14%	-0.47%
EPS (Basic)	1.36	1.15	0.69	0.81	0.32	0.33
EPS (Diluted)	1.36	1.15	0.69	0.79	0.32	0.33
EPS Growth	94.56%	66.67%	-12.66%	146.88%	-3.03%	-54.80%
Free Cash Flow	183.39	127.44	104.85	80.66	45.02	-26.26
Free Cash Flow Per Share	0.81	0.56	0.47	0.35	0.20	-0.12
Dividend Per Share	0.800	0.800	0.500	0.500	0.300	0.300
Dividend Growth	60.00%	60.00%	-	66.67%	-	-33.33%
Gross Margin	35.74%	33.25%	27.65%	30.79%	26.58%	27.62%
Operating Margin	21.29%	18.71%	13.45%	14.32%	11.05%	11.75%
Profit Margin	20.25%	18.96%	17.53%	19.29%	11.10%	13.18%
Free Cash Flow Margin	12.03%	9.25%	11.85%	8.64%	6.97%	-4.58%
EBITDA	356.27	290.29	154.61	168.22	103.81	95.8
EBITDA Margin	23.36%	21.07%	17.47%	18.02%	16.06%	16.70%
D&A For EBITDA	31.64	32.43	35.6	34.57	32.4	28.42
EBIT	324.63	257.86	119.01	133.65	71.41	67.38
EBIT Margin	21.29%	18.71%	13.45%	14.32%	11.05%	11.75%
Effective Tax Rate	12.14%	11.11%	7.52%	11.51%	9.21%	13.54%
Revenue as Reported	1,525	1,378	884.78	933.51	646.33	573.64

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