Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SHE:300922)

SHE:300922 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	241.69	230.34	153.92	144.45	239.29	223.67
Other Revenue	0.2	0.2	0.66	3.45	1.73	6.51
Revenue	241.89	230.54	154.58	147.91	241.02	230.19
Revenue Growth (YoY)	45.93%	49.14%	4.51%	-38.63%	4.71%	8.20%
Cost of Revenue	160.36	151.36	99.29	105.21	143.84	134.76
Gross Profit	81.53	79.18	55.29	42.7	97.18	95.43
Selling, General & Admin	33.88	29.52	14.74	11.81	12.66	12.6
Research & Development	8.21	8.15	8.79	9.95	10.22	10.65
Other Operating Expenses	0.37	-0.04	0.55	1.49	1.1	0.94
Operating Expenses	46.35	42.23	27.67	21.64	25.47	26.52
Operating Income	35.17	36.95	27.62	21.06	71.71	68.91
Interest & Investment Income	11.22	10.79	14.35	14.84	15.75	4.26
Currency Exchange Gain (Loss)	-	-	-0	0	-0	-0.01
Other Non Operating Income (Expenses)	-0.06	-0.02	-0.02	-0.02	-0.01	-0.07
EBT Excluding Unusual Items	46.33	47.72	41.95	35.88	87.45	73.1
Impairment of Goodwill	-	-	-	-4.32	-	-
Gain (Loss) on Sale of Investments	0.17	0.02	0.03	0.73	-	-
Gain (Loss) on Sale of Assets	-	-	0.03	0.26	-0.02	-
Asset Writedown	-0.26	-0.26	-1.05	-	-	-
Other Unusual Items	-0.42	-0.42	0.77	-1.61	5.85	1.45
Pretax Income	45.83	47.06	41.73	30.94	93.28	74.55
Income Tax Expense	4.9	5.38	9.54	4.05	12.61	10.15
Earnings From Continuing Operations	40.92	41.68	32.19	26.89	80.67	64.4
Minority Interest in Earnings	-0	-0	-	-	-	-
Net Income	40.92	41.68	32.19	26.89	80.67	64.4
Net Income to Common	40.92	41.68	32.19	26.89	80.67	64.4
Net Income Growth	19.48%	29.49%	19.70%	-66.66%	25.27%	22.54%
Shares Outstanding (Basic)	151	154	153	158	158	117
Shares Outstanding (Diluted)	151	154	153	158	158	117
Shares Change (YoY)	-2.60%	0.71%	-3.10%	0.01%	35.09%	0.26%
EPS (Basic)	0.27	0.27	0.21	0.17	0.51	0.55
EPS (Diluted)	0.27	0.27	0.21	0.17	0.51	0.55
EPS Growth	22.67%	28.57%	23.53%	-66.67%	-7.27%	22.22%
Free Cash Flow	2.42	-7.04	-23.11	6.76	44.88	19.76
Free Cash Flow Per Share	0.02	-0.05	-0.15	0.04	0.28	0.17
Dividend Per Share	0.180	0.180	0.150	0.100	0.250	0.250
Dividend Growth	20.00%	20.00%	50.00%	-60.00%	-	-
Gross Margin	33.70%	34.34%	35.77%	28.87%	40.32%	41.46%
Operating Margin	14.54%	16.03%	17.87%	14.24%	29.75%	29.94%
Profit Margin	16.92%	18.08%	20.82%	18.18%	33.47%	27.98%
Free Cash Flow Margin	1.00%	-3.05%	-14.95%	4.57%	18.62%	8.58%
EBITDA	46.04	47.82	38.53	32.08	82.36	79.75
EBITDA Margin	19.03%	20.74%	24.93%	21.69%	34.17%	34.64%
D&A For EBITDA	10.86	10.87	10.91	11.02	10.65	10.84
EBIT	35.17	36.95	27.62	21.06	71.71	68.91
EBIT Margin	14.54%	16.03%	17.87%	14.24%	29.75%	29.94%
Effective Tax Rate	10.70%	11.43%	22.86%	13.08%	13.52%	13.62%
Revenue as Reported	241.89	230.54	154.58	147.91	241.02	230.19

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