Ningbo Tianyi Medical Appliance Co., Ltd. (SHE:301097)

SHE:301097 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	489.2	413.93	375.71	392.02	405.26	364.92
Other Revenue	5.03	5.03	5.21	7.31	9.47	13.96
Revenue	494.23	418.96	380.92	399.33	414.73	378.87
Revenue Growth (YoY)	18.40%	9.98%	-4.61%	-3.72%	9.46%	19.78%
Cost of Revenue	306.3	270.81	238.63	260.4	257.24	216.15
Gross Profit	187.93	148.14	142.3	138.92	157.5	162.72
Selling, General & Admin	115.99	107.39	75.37	46.23	33.18	31.96
Research & Development	57.29	60.47	31.1	28.06	20.26	15.97
Other Operating Expenses	3.17	2.84	4.69	4.5	5.37	4.69
Operating Expenses	184.01	173.85	110.72	81.27	59.15	53.03
Operating Income	3.93	-25.71	31.57	57.66	98.35	109.69
Interest Expense	-11.59	-9.78	-9.9	-6.79	-7.08	-3.43
Interest & Investment Income	18.35	21.43	37.18	6.55	2.49	2.4
Currency Exchange Gain (Loss)	6.97	6.97	4.05	26.25	-7.01	-11.45
Other Non Operating Income (Expenses)	-2.17	-0.94	0.01	-0.87	-0.68	-1.09
EBT Excluding Unusual Items	15.48	-8.02	62.91	82.8	86.06	96.12
Gain (Loss) on Sale of Investments	-1.74	4.22	5.01	9.62	-0.11	0.13
Gain (Loss) on Sale of Assets	0.27	-0.22	-0.05	-0.22	0.81	-0.03
Asset Writedown	-0.55	-0.08	-0.06	-4.79	-0.82	-1.13
Other Unusual Items	0.97	0.97	4.3	11.53	3.65	5.68
Pretax Income	14.43	-3.14	72.1	98.94	89.6	100.77
Income Tax Expense	2.25	3.09	11.95	13.72	11.3	13.62
Earnings From Continuing Operations	12.18	-6.22	60.15	85.22	78.29	87.15
Minority Interest in Earnings	0.82	5.48	3.42	0.38	-	-
Net Income	13.01	-0.74	63.57	85.6	78.29	87.15
Net Income to Common	13.01	-0.74	63.57	85.6	78.29	87.15
Net Income Growth	46.41%	-	-25.74%	9.34%	-10.16%	37.89%
Shares Outstanding (Basic)	75	74	59	55	44	44
Shares Outstanding (Diluted)	75	74	59	55	44	44
Shares Change (YoY)	29.92%	26.39%	6.58%	24.92%	-0.06%	4.99%
EPS (Basic)	0.17	-0.01	1.08	1.55	1.77	1.97
EPS (Diluted)	0.17	-0.01	1.08	1.55	1.77	1.97
EPS Growth	12.69%	-	-30.32%	-12.43%	-10.15%	31.33%
Free Cash Flow	-173.5	-48.14	-148.52	-98.91	66.75	53.3
Free Cash Flow Per Share	-2.30	-0.65	-2.52	-1.79	1.51	1.21
Dividend Per Share	0.500	0.500	0.502	0.500	0.250	-
Dividend Growth	-0.32%	-0.32%	0.32%	100.00%	-	-
Gross Margin	38.02%	35.36%	37.36%	34.79%	37.97%	42.95%
Operating Margin	0.80%	-6.14%	8.29%	14.44%	23.71%	28.95%
Profit Margin	2.63%	-0.18%	16.69%	21.44%	18.88%	23.00%
Free Cash Flow Margin	-35.10%	-11.49%	-38.99%	-24.77%	16.09%	14.07%
EBITDA	51.4	16.21	66.08	86.4	121.35	131.52
EBITDA Margin	10.40%	3.87%	17.35%	21.64%	29.26%	34.71%
D&A For EBITDA	47.47	41.92	34.5	28.75	23	21.83
EBIT	3.93	-25.71	31.57	57.66	98.35	109.69
EBIT Margin	0.80%	-6.14%	8.29%	14.44%	23.71%	28.95%
Effective Tax Rate	15.59%	-	16.57%	13.87%	12.62%	13.52%
Revenue as Reported	494.23	418.96	380.92	399.33	414.73	378.87
Advertising Expenses	-	2.95	4.5	1.2	1.04	1.13

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