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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,114	1,096	926.78	770.75	743.3	460
Other Revenue	37.99	37.99	53.29	38.16	40.45	41.89
Revenue	1,152	1,134	980.07	808.91	783.75	501.88
Revenue Growth (YoY)	10.46%	15.66%	21.16%	3.21%	56.16%	21.51%
Cost of Revenue	929.63	901.22	751.94	638.29	622.57	387.33
Gross Profit	221.98	232.32	228.13	170.62	161.17	114.56
Selling, General & Admin	78.8	74.59	64.81	56.75	48.44	35.3
Research & Development	37.41	34.61	35.93	25.15	25.84	18.69
Other Operating Expenses	4.4	-1.93	1.9	1.48	-1.6	-3.85
Operating Expenses	123.26	112.52	106.01	83.77	75.82	53.66
Operating Income	98.72	119.8	122.12	86.85	85.36	60.9
Interest Expense	-	-2.09	-4.04	-5.25	-5.51	-5.31
Interest & Investment Income	14.68	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)	-1.43	-0.23	-1.04	-0.25	-0.16	-0.16
EBT Excluding Unusual Items	113.98	137.6	131.26	89.6	80.45	55.78
Gain (Loss) on Sale of Investments	1.2	1.2	-	0.18	-	-
Gain (Loss) on Sale of Assets	0.1	0.1	0.08	0.01	0	0.03
Asset Writedown	-0.64	-1.94	-0	-0.01	-0.01	-0.07
Other Unusual Items	25.58	10.56	6.84	5.09	-2.22	-1.65
Pretax Income	140.22	147.51	138.18	94.87	78.23	54.1
Income Tax Expense	16.92	20.71	18.77	11.34	9.89	7.67
Earnings From Continuing Operations	123.3	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	123.3	126.8	119.41	84.32	69.77	48.02
Net Income to Common	123.3	126.8	119.41	84.32	69.77	48.02
Net Income Growth	-7.36%	6.19%	41.63%	20.86%	45.28%	16.54%
Shares Outstanding (Basic)	168	169	156	126	126	126
Shares Outstanding (Diluted)	168	169	156	126	126	126
Shares Change (YoY)	0.94%	8.14%	24.07%	-0.33%	-	-
EPS (Basic)	0.73	0.75	0.77	0.67	0.55	0.38
EPS (Diluted)	0.73	0.75	0.77	0.67	0.55	0.38
EPS Growth	-8.22%	-1.80%	14.15%	21.55%	44.99%	16.49%
Free Cash Flow	-75.51	-23.17	-56.44	2.41	-35.91	-39.08
Free Cash Flow Per Share	-0.45	-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	19.28%	20.50%	23.28%	21.09%	20.56%	22.82%
Operating Margin	8.57%	10.57%	12.46%	10.74%	10.89%	12.13%
Profit Margin	10.71%	11.19%	12.18%	10.42%	8.90%	9.57%
Free Cash Flow Margin	-6.56%	-2.04%	-5.76%	0.30%	-4.58%	-7.79%
EBITDA	124.14	144.39	143.43	107.27	103.65	75.54
EBITDA Margin	10.78%	12.74%	14.64%	13.26%	13.23%	15.05%
D&A For EBITDA	25.42	24.6	21.31	20.42	18.29	14.64
EBIT	98.72	119.8	122.12	86.85	85.36	60.9
EBIT Margin	8.57%	10.57%	12.46%	10.74%	10.89%	12.13%
Effective Tax Rate	12.07%	14.04%	13.58%	11.96%	12.65%	14.18%
Revenue as Reported	1,152	1,134	980.07	808.91	-	-

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.