Zhejiang Tongxing Technology CO., Ltd. (SHE:301252)

SHE:301252 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,174	1,096	926.78	770.75	743.3	460
Other Revenue	37.99	37.99	53.29	38.16	40.45	41.89
Revenue	1,212	1,134	980.07	808.91	783.75	501.88
Revenue Growth (YoY)	13.92%	15.66%	21.16%	3.21%	56.16%	21.51%
Cost of Revenue	981.46	901.22	751.94	638.29	622.57	387.33
Gross Profit	230.19	232.32	228.13	170.62	161.17	114.56
Selling, General & Admin	84.85	74.59	64.81	56.75	48.44	35.3
Research & Development	39.41	34.61	35.93	25.15	25.84	18.69
Other Operating Expenses	0.66	-1.93	1.9	1.48	-1.6	-3.85
Operating Expenses	122	112.52	106.01	83.77	75.82	53.66
Operating Income	108.19	119.8	122.12	86.85	85.36	60.9
Interest Expense	-1.97	-2.09	-4.04	-5.25	-5.51	-5.31
Interest & Investment Income	13.54	18.12	12.82	3.18	1.78	1.54
Currency Exchange Gain (Loss)	2.01	2.01	1.4	5.06	-1.01	-1.19
Other Non Operating Income (Expenses)	0.22	-0.23	-1.04	-0.25	-0.16	-0.16
EBT Excluding Unusual Items	121.99	137.6	131.26	89.6	80.45	55.78
Gain (Loss) on Sale of Investments	1.82	1.2	-	0.18	-	-
Gain (Loss) on Sale of Assets	0.01	0.1	0.08	0.01	0	0.03
Asset Writedown	-1.93	-1.94	-0	-0.01	-0.01	-0.07
Other Unusual Items	10.61	10.56	6.84	5.09	-2.22	-1.65
Pretax Income	132.5	147.51	138.18	94.87	78.23	54.1
Income Tax Expense	17.95	20.71	18.77	11.34	9.89	7.67
Earnings From Continuing Operations	114.56	126.8	119.41	83.53	68.34	46.43
Minority Interest in Earnings	0	0	-0	0.79	1.43	1.59
Net Income	114.56	126.8	119.41	84.32	69.77	48.02
Net Income to Common	114.56	126.8	119.41	84.32	69.77	48.02
Net Income Growth	-6.26%	6.19%	41.63%	20.86%	45.28%	16.54%
Shares Outstanding (Basic)	207	169	156	126	126	126
Shares Outstanding (Diluted)	210	169	156	126	126	126
Shares Change (YoY)	56.29%	8.14%	24.07%	-0.33%	-	-
EPS (Basic)	0.55	0.75	0.77	0.67	0.55	0.38
EPS (Diluted)	0.55	0.75	0.77	0.67	0.55	0.38
EPS Growth	-40.02%	-1.80%	14.15%	21.55%	44.99%	16.49%
Free Cash Flow	34.57	-23.17	-56.44	2.41	-35.91	-39.08
Free Cash Flow Per Share	0.17	-0.14	-0.36	0.02	-0.28	-0.31
Dividend Per Share	0.172	0.172	0.357	-	-	-
Dividend Growth	-51.67%	-51.67%	-	-	-	-
Gross Margin	19.00%	20.50%	23.28%	21.09%	20.56%	22.82%
Operating Margin	8.93%	10.57%	12.46%	10.74%	10.89%	12.13%
Profit Margin	9.46%	11.19%	12.18%	10.42%	8.90%	9.57%
Free Cash Flow Margin	2.85%	-2.04%	-5.76%	0.30%	-4.58%	-7.79%
EBITDA	135.25	144.39	143.43	107.27	103.65	75.54
EBITDA Margin	11.16%	12.74%	14.64%	13.26%	13.23%	15.05%
D&A For EBITDA	27.06	24.6	21.31	20.42	18.29	14.64
EBIT	108.19	119.8	122.12	86.85	85.36	60.9
EBIT Margin	8.93%	10.57%	12.46%	10.74%	10.89%	12.13%
Effective Tax Rate	13.54%	14.04%	13.58%	11.96%	12.65%	14.18%
Revenue as Reported	1,212	1,134	980.07	808.91	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.