Chengdu Tangyuan Electric Co.,Ltd. (SHE:300789)

Chengdu Tangyuan Electric 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
Revenue	628.57	639.79	639.43	433.58	351.84	269.02
Revenue Growth (YoY)	-4.78%	0.06%	47.48%	23.23%	30.78%	-12.87%
Cost of Revenue	397.21	409.54	367.92	217.73	175.32	123.58
Gross Profit	231.36	230.25	271.5	215.85	176.52	145.44
Selling, General & Admin	76.94	78.75	90.9	69.62	64.86	54.31
Research & Development	74.85	73.81	74.92	61.9	54.72	51.8
Other Operating Expenses	-20.7	-18.43	-12.52	-11.21	-11.32	-12.62
Operating Expenses	131.09	134.13	165.3	133.63	114.79	97.01
Operating Income	100.27	96.12	106.2	82.22	61.73	48.44
Interest Expense	-	-	-0.26	-	-	-
Interest & Investment Income	5.33	4.85	9.27	9.42	9.74	11.19
Other Non Operating Income (Expenses)	-22.87	-20.02	-2.07	-0.95	-0.94	-1.2
EBT Excluding Unusual Items	82.73	80.95	113.14	90.69	70.53	58.43
Gain (Loss) on Sale of Investments	0.24	0.06	-	-	0.05	-
Gain (Loss) on Sale of Assets	-0.01	-	-	-	-	-0.01
Asset Writedown	-2.09	-1.87	-0.03	-0.05	-0.08	-0.04
Other Unusual Items	-	-	2.29	4.05	3.85	11.35
Pretax Income	80.88	79.14	115.4	94.69	74.36	69.72
Income Tax Expense	3.73	3.02	3.84	3.63	7.87	5.16
Earnings From Continuing Operations	77.15	76.11	111.56	91.06	66.49	64.57
Minority Interest in Earnings	-3.95	-3.24	-3.68	0.17	0.04	-
Net Income	73.2	72.88	107.88	91.23	66.53	64.57
Net Income to Common	73.2	72.88	107.88	91.23	66.53	64.57
Net Income Growth	-32.94%	-32.45%	18.25%	37.12%	3.04%	-22.62%
Shares Outstanding (Basic)	143	143	142	141	140	140
Shares Outstanding (Diluted)	143	143	143	142	142	140
Shares Change (YoY)	0.43%	0.38%	0.75%	0.02%	1.18%	20.00%
EPS (Basic)	0.51	0.51	0.76	0.65	0.48	0.46
EPS (Diluted)	0.51	0.51	0.76	0.64	0.47	0.46
EPS Growth	-33.23%	-32.70%	17.38%	37.10%	1.84%	-35.51%
Free Cash Flow	-100.33	-43.6	93.52	-56.4	22.46	38.51
Free Cash Flow Per Share	-0.70	-0.30	0.66	-0.40	0.16	0.28
Dividend Per Share	-	-	0.225	0.192	0.141	0.092
Dividend Growth	-	-	16.80%	35.90%	53.64%	-22.80%
Gross Margin	36.81%	35.99%	42.46%	49.78%	50.17%	54.06%
Operating Margin	15.95%	15.02%	16.61%	18.96%	17.54%	18.00%
Profit Margin	11.64%	11.39%	16.87%	21.04%	18.91%	24.00%
Free Cash Flow Margin	-15.96%	-6.82%	14.63%	-13.01%	6.38%	14.31%
EBITDA	118.21	113.54	121.54	89.41	65.3	51.14
EBITDA Margin	18.81%	17.75%	19.01%	20.62%	18.56%	19.01%
D&A For EBITDA	17.94	17.42	15.34	7.19	3.57	2.7
EBIT	100.27	96.12	106.2	82.22	61.73	48.44
EBIT Margin	15.95%	15.02%	16.61%	18.96%	17.54%	18.00%
Effective Tax Rate	4.61%	3.82%	3.33%	3.84%	10.58%	7.40%
Revenue as Reported	-	-	639.43	433.58	351.84	269.02
Advertising Expenses	-	-	1.49	0.64	0.89	1.65

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