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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	610.44	638.23	637.28	433.58	351.84	269.02
Other Revenue	4.43	1.56	2.15	-	-	-
Revenue	614.87	639.79	639.43	433.58	351.84	269.02
Revenue Growth (YoY)	-11.22%	0.06%	47.48%	23.23%	30.78%	-12.87%
Cost of Revenue	391.08	410.77	380.23	217.73	175.32	123.58
Gross Profit	223.79	229.02	259.2	215.85	176.52	145.44
Selling, General & Admin	83.72	78.75	78.77	69.62	64.86	54.31
Research & Development	71.91	73.81	74.92	61.9	54.72	51.8
Other Operating Expenses	-14.09	-15.69	-12.52	-11.21	-11.32	-12.62
Operating Expenses	171.2	160.03	153	133.63	114.79	97.01
Operating Income	52.59	68.98	106.2	82.22	61.73	48.44
Interest Expense	-0.57	-0.52	-0.26	-	-	-
Interest & Investment Income	8.27	8.96	9.27	9.42	9.74	11.19
Other Non Operating Income (Expenses)	-2.24	-1.77	-1.79	-0.95	-0.94	-1.2
EBT Excluding Unusual Items	58.05	75.65	113.42	90.69	70.53	58.43
Gain (Loss) on Sale of Investments	0.11	0.06	-0.28	-	0.05	-
Gain (Loss) on Sale of Assets	0.09	-	-	-	-	-0.01
Asset Writedown	0	-	-0.03	-0.05	-0.08	-0.04
Other Unusual Items	7.49	3.42	2.29	4.05	3.85	11.35
Pretax Income	65.74	79.14	115.4	94.69	74.36	69.72
Income Tax Expense	0.28	3.02	3.84	3.63	7.87	5.16
Earnings From Continuing Operations	65.47	76.11	111.56	91.06	66.49	64.57
Minority Interest in Earnings	-5.4	-3.24	-3.68	0.17	0.04	-
Net Income	60.07	72.88	107.88	91.23	66.53	64.57
Net Income to Common	60.07	72.88	107.88	91.23	66.53	64.57
Net Income Growth	-44.71%	-32.45%	18.25%	37.12%	3.04%	-22.62%
Shares Outstanding (Basic)	144	143	142	141	140	140
Shares Outstanding (Diluted)	144	143	143	142	142	140
Shares Change (YoY)	0.66%	0.38%	0.75%	0.02%	1.18%	20.00%
EPS (Basic)	0.42	0.51	0.76	0.65	0.48	0.46
EPS (Diluted)	0.42	0.51	0.76	0.64	0.47	0.46
EPS Growth	-45.07%	-32.70%	17.38%	37.10%	1.84%	-35.51%
Free Cash Flow	-44.79	-43.6	93.52	-56.4	22.46	38.51
Free Cash Flow Per Share	-0.31	-0.30	0.66	-0.40	0.16	0.28
Dividend Per Share	0.152	0.152	0.225	0.192	0.141	0.092
Dividend Growth	-32.32%	-32.32%	16.80%	35.90%	53.64%	-22.80%
Gross Margin	36.40%	35.80%	40.54%	49.78%	50.17%	54.06%
Operating Margin	8.55%	10.78%	16.61%	18.96%	17.54%	18.00%
Profit Margin	9.77%	11.39%	16.87%	21.04%	18.91%	24.00%
Free Cash Flow Margin	-7.28%	-6.82%	14.63%	-13.01%	6.38%	14.31%
EBITDA	70.37	86.2	121.54	89.41	65.3	51.14
EBITDA Margin	11.45%	13.47%	19.01%	20.62%	18.56%	19.01%
D&A For EBITDA	17.79	17.22	15.34	7.19	3.57	2.7
EBIT	52.59	68.98	106.2	82.22	61.73	48.44
EBIT Margin	8.55%	10.78%	16.61%	18.96%	17.54%	18.00%
Effective Tax Rate	0.42%	3.82%	3.33%	3.84%	10.58%	7.40%
Revenue as Reported	614.87	639.79	639.43	433.58	351.84	269.02
Advertising Expenses	-	1.22	1.49	0.64	0.89	1.65

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