Tecnon Electronics Co., Ltd. (SHE:300650)

Tecnon Electronics 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,676	2,563	2,636	3,227	4,945	1,131
Other Revenue	10.59	10.59	8.12	8.3	2.98	2.18
Revenue	2,686	2,574	2,645	3,235	4,948	1,133
Revenue Growth (YoY)	-2.94%	-2.68%	-18.26%	-34.61%	336.80%	102.13%
Cost of Revenue	2,479	2,369	2,406	2,956	4,566	983.65
Gross Profit	207.07	205.05	238.75	279.63	381.77	149.04
Selling, General & Admin	110.32	110.57	119.25	132.01	145.32	81.08
Research & Development	34.38	33.65	34.45	41.87	40.13	26.61
Other Operating Expenses	4.17	3.97	3.79	5.67	4.96	1.4
Operating Expenses	145.55	147.71	165.74	188.34	199.96	111.94
Operating Income	61.52	57.34	73.01	91.29	181.81	37.1
Interest Expense	-18.61	-20.61	-26.68	-18.3	-16.93	-7.19
Interest & Investment Income	14.63	19.23	1.57	0.78	1	0.93
Currency Exchange Gain (Loss)	0.57	0.57	0.16	1.55	-0.95	-1.26
Other Non Operating Income (Expenses)	-0.94	-1.88	-0.06	-1.53	-1.91	-1.05
EBT Excluding Unusual Items	57.16	54.65	48	73.78	163.01	28.54
Gain (Loss) on Sale of Investments	-0.51	-	-1.11	-14.49	-19.47	-0.51
Gain (Loss) on Sale of Assets	0.1	-0.23	0.27	-0.34	0.21	-0.08
Asset Writedown	0.09	-1.16	-0.01	-0.04	-0.08	-0.08
Other Unusual Items	3.92	3.92	4.34	5.14	8.01	0.01
Pretax Income	60.76	57.18	51.48	64.06	151.68	27.87
Income Tax Expense	3.68	5.68	4.81	7.2	22.87	3.66
Earnings From Continuing Operations	57.07	51.5	46.67	56.86	128.81	24.21
Minority Interest in Earnings	-2.48	-0.33	-3.84	-2.29	-5.8	2.39
Net Income	54.6	51.16	42.83	54.56	123.01	26.6
Net Income to Common	54.6	51.16	42.83	54.56	123.01	26.6
Net Income Growth	8.55%	19.44%	-21.50%	-55.64%	362.43%	-48.57%
Shares Outstanding (Basic)	219	222	204	218	198	181
Shares Outstanding (Diluted)	219	222	204	218	198	181
Shares Change (YoY)	4.45%	9.05%	-6.54%	10.00%	9.71%	-1.26%
EPS (Basic)	0.25	0.23	0.21	0.25	0.62	0.15
EPS (Diluted)	0.25	0.23	0.21	0.25	0.62	0.15
EPS Growth	3.92%	9.52%	-16.00%	-59.68%	321.48%	-47.91%
Free Cash Flow	-43.06	369.46	591.44	497.7	337.76	68.81
Free Cash Flow Per Share	-0.20	1.66	2.90	2.28	1.70	0.38
Dividend Per Share	0.050	0.050	0.040	-	0.118	-
Dividend Growth	-16.67%	25.00%	-	-	-	-
Gross Margin	7.71%	7.97%	9.03%	8.64%	7.72%	13.16%
Operating Margin	2.29%	2.23%	2.76%	2.82%	3.67%	3.28%
Profit Margin	2.03%	1.99%	1.62%	1.69%	2.49%	2.35%
Free Cash Flow Margin	-1.60%	14.36%	22.36%	15.38%	6.83%	6.08%
EBITDA	91.53	88.05	104.66	122.05	207.84	60.05
EBITDA Margin	3.41%	3.42%	3.96%	3.77%	4.20%	5.30%
D&A For EBITDA	30.01	30.71	31.65	30.76	26.03	22.95
EBIT	61.52	57.34	73.01	91.29	181.81	37.1
EBIT Margin	2.29%	2.23%	2.76%	2.82%	3.67%	3.28%
Effective Tax Rate	6.06%	9.94%	9.34%	11.24%	15.08%	13.13%
Revenue as Reported	2,686	2,574	2,645	3,235	4,948	1,133
Advertising Expenses	-	1.95	3.29	1.9	2.81	3.51

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