Nanjing Toua Hardware and Tools Co., Ltd. (SHE:301125)

SHE:301125 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	608.92	591.74	458.82	430.98	475.19	362.65
Other Revenue	14.9	14.9	3.76	3.63	4.56	4.57
Revenue	623.82	606.63	462.57	434.61	479.75	367.23
Revenue Growth (YoY)	24.85%	31.14%	6.43%	-9.41%	30.64%	15.15%
Cost of Revenue	473.48	464.06	337.98	317.28	347.76	245.92
Gross Profit	150.33	142.58	124.59	117.33	131.99	121.31
Selling, General & Admin	79.63	80.77	69.13	43.28	39.01	30.39
Research & Development	45.91	44.91	33.15	25.55	22.33	18.55
Other Operating Expenses	3.81	4.71	7.53	4.26	4.06	-0.61
Operating Expenses	132	132.74	110.95	70.76	67.62	48.78
Operating Income	18.34	9.84	13.64	46.57	64.37	72.53
Interest Expense	-8.42	-8.59	-4.7	-3.22	-1.9	-2.75
Interest & Investment Income	0.05	0.07	3.67	1.89	0.07	0.12
Currency Exchange Gain (Loss)	3.29	3.29	1.37	3.59	-1.17	-2.43
Other Non Operating Income (Expenses)	-0.09	-0.32	-0.19	-0.2	-0.17	-0.98
EBT Excluding Unusual Items	13.17	4.29	13.79	48.64	61.2	66.49
Gain (Loss) on Sale of Investments	0	-	-	-	-	-
Gain (Loss) on Sale of Assets	-0.19	-0.19	-1.92	0.05	-0.45	-0.44
Asset Writedown	-8.53	-8.35	-2.42	-0.21	-2.49	-0.14
Legal Settlements	-	-	-14.55	-	-	-
Other Unusual Items	1.59	1.67	5.01	6.59	3.39	0.23
Pretax Income	6.04	-2.59	-0.09	55.07	61.66	66.14
Income Tax Expense	4.66	3.7	-0.59	4.3	7.18	11.01
Earnings From Continuing Operations	1.37	-6.29	0.5	50.77	54.48	55.13
Minority Interest in Earnings	15	16.68	4.27	-	-	-
Net Income	16.37	10.39	4.77	50.77	54.48	55.13
Net Income to Common	16.37	10.39	4.77	50.77	54.48	55.13
Net Income Growth	-	118.09%	-90.61%	-6.81%	-1.19%	11.56%
Shares Outstanding (Basic)	152	141	142	127	107	100
Shares Outstanding (Diluted)	152	142	142	127	107	100
Shares Change (YoY)	15.32%	-0.33%	11.92%	19.04%	7.03%	7.16%
EPS (Basic)	0.11	0.07	0.03	0.40	0.51	0.55
EPS (Diluted)	0.11	0.07	0.03	0.40	0.51	0.55
EPS Growth	-	118.81%	-91.61%	-21.72%	-7.41%	3.84%
Free Cash Flow	-21.24	-49.37	-124.23	-21.43	-82.05	18.3
Free Cash Flow Per Share	-0.14	-0.35	-0.87	-0.17	-0.77	0.18
Dividend Per Share	0.030	0.030	0.030	0.969	-	-
Dividend Growth	-	-	-96.91%	-	-	-
Gross Margin	24.10%	23.50%	26.93%	27.00%	27.51%	33.03%
Operating Margin	2.94%	1.62%	2.95%	10.72%	13.42%	19.75%
Profit Margin	2.62%	1.71%	1.03%	11.68%	11.36%	15.01%
Free Cash Flow Margin	-3.40%	-8.14%	-26.86%	-4.93%	-17.10%	4.98%
EBITDA	83.19	68.88	49.41	63.5	80.72	85.1
EBITDA Margin	13.34%	11.35%	10.68%	14.61%	16.83%	23.17%
D&A For EBITDA	64.85	59.04	35.77	16.93	16.35	12.57
EBIT	18.34	9.84	13.64	46.57	64.37	72.53
EBIT Margin	2.94%	1.62%	2.95%	10.72%	13.42%	19.75%
Effective Tax Rate	77.24%	-	-	7.81%	11.65%	16.65%
Revenue as Reported	623.82	606.63	462.57	434.61	479.75	-
Advertising Expenses	-	-	-	-	-	1.15

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