TIMES ELECTRIC (03898) Income Statement & Earnings

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TIMES ELECTRIC (03898) Income Statement

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YOY

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q9)Sep 30, 2025

(Q6)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q9)Sep 30, 2024

(Q6)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

Turnover

12.45%5.1B

15.23%28.7B

14.86%18.83B

17.95%12.21B

14.81%4.54B

13.42%24.91B

16.30%16.39B

20.83%10.36B

28.07%3.95B

21.78%21.96B

Operating income

12.45%5.1B

15.23%28.7B

14.86%18.83B

17.95%12.21B

14.81%4.54B

13.42%24.91B

16.30%16.39B

20.83%10.36B

28.07%3.95B

21.78%21.96B

Operating expenses

-12.78%-3.4B

-13.61%-19.11B

-9.77%-12.72B

-10.78%-8.3B

-8.55%-3.02B

-7.26%-16.82B

-14.91%-11.59B

-20.40%-7.5B

-33.28%-2.78B

-29.17%-15.68B

Gross profit

11.81%1.7B

18.60%9.6B

27.16%6.11B

36.72%3.91B

29.65%1.52B

28.78%8.09B

19.81%4.8B

21.99%2.86B

17.20%1.17B

6.58%6.28B

Selling expenses

-13.15%-122.78M

0.38%-586.92M

-6.37%-351.53M

-10.16%-228.18M

-20.74%-108.52M

-20.08%-589.18M

-7.30%-330.47M

-2.34%-207.14M

49.29%-89.87M

55.32%-490.65M

Administrative expenses

-18.17%-247.8M

-4.97%-1.23B

-5.89%-722.18M

-7.57%-472.31M

-17.81%-209.7M

-9.66%-1.17B

-9.31%-682.03M

-13.76%-439.06M

-16.53%-178M

-19.77%-1.07B

Research and development expenses

-12.18%-586.95M

-13.35%-3.01B

-20.40%-1.88B

-26.60%-1.21B

-12.71%-523.23M

-28.81%-2.66B

-22.98%-1.56B

-18.48%-959.33M

-25.01%-464.21M

-17.05%-2.06B

Profit from asset sales

1,267.99%77.96K

-104.71%-1.08M

-123.06%-705.97K

-123.07%-682.46K

-85.43%5.7K

726.09%22.95M

14.85%3.06M

1,479.35%2.96M

111.83%39.12K

-31.86%2.78M

Revaluation surplus

-89.80%733.56K

-84.06%6.99M

-79.04%6.69M

-70.80%8.11M

-53.05%7.19M

-41.22%43.85M

-44.77%31.91M

-33.03%27.78M

-16.19%15.31M

-55.07%74.6M

-Changes in the fair value of other assets

-89.80%733.56K

-84.06%6.99M

-79.04%6.69M

-70.80%8.11M

-53.05%7.19M

-41.22%43.85M

-44.77%31.91M

-33.03%27.78M

-16.19%15.31M

-55.07%74.6M

Impairment and provision

31.75%-28.74M

-22.77%-485.49M

-43.36%-319.5M

-61.13%-223.68M

8.87%-42.11M

-15.58%-395.43M

-36.46%-222.86M

-24.06%-138.82M

-179.43%-46.21M

-3,022.33%-342.13M

-Other impairment is provision

31.75%-28.74M

-22.77%-485.49M

-43.36%-319.5M

-61.13%-223.68M

8.87%-42.11M

-15.58%-395.43M

-36.46%-222.86M

-24.06%-138.82M

-179.43%-46.21M

-3,022.33%-342.13M

Special items of operating profit

-38.10%65.24M

-50.78%469.53M

-57.82%305.19M

-58.28%215.37M

-36.93%105.4M

32.81%954.02M

62.71%723.56M

106.62%516.23M

24.63%167.13M

35.49%718.35M

Operating profit

5.33%753.34M

10.28%4.57B

13.31%3.01B

18.67%1.9B

28.63%715.2M

38.26%4.14B

28.25%2.66B

47.38%1.6B

32.66%556.03M

9.26%2.99B

Financing income

-21.41%63.25M

7.10%305.3M

0.57%237.44M

7.65%156.84M

22.43%80.48M

9.52%285.07M

22.91%236.09M

16.70%145.69M

7.20%65.74M

27.51%260.28M

Financing cost

27.90%-9.11M

33.38%-26.24M

65.55%-12.87M

60.64%-10.11M

4.40%-12.64M

16.82%-39.39M

-16.20%-37.36M

-31.78%-25.68M

-46.39%-13.22M

-125.88%-47.35M

Special items of earning before tax

13.91%7.55M

-10.09%27.5M

-24.25%17.89M

100.33%12.63M

-0.20%6.63M

-27.51%30.59M

15.37%23.62M

-56.10%6.3M

124.03%6.64M

311.56%42.2M

Earning before tax

-0.88%777.65M

12.90%4.87B

15.52%3.27B

24.12%2.09B

28.28%784.52M

31.02%4.32B

25.56%2.83B

37.24%1.68B

29.92%611.58M

12.00%3.29B

After-tax profit from continuing operations

-2.34%672.39M

9.12%4.31B

10.19%2.89B

13.33%1.78B

21.53%688.49M

27.99%3.95B

24.76%2.62B

32.48%1.57B

26.61%566.52M

19.03%3.09B

Earning after tax

-2.34%672.39M

9.12%4.31B

10.19%2.89B

13.33%1.78B

21.53%688.49M

27.99%3.95B

24.76%2.62B

32.48%1.57B

26.61%566.52M

19.03%3.09B

Minority profit

-49.23%29.05M

-13.67%212.52M

0.37%166.75M

19.64%112.69M

475.06%57.22M

454.56%246.17M

251.25%166.13M

175.83%94.19M

-19.38%9.95M

22.80%44.39M

Profit attributable to shareholders

1.91%643.34M

10.64%4.1B

10.85%2.72B

12.93%1.67B

13.42%631.27M

21.77%3.7B

19.54%2.45B

28.24%1.48B

27.92%556.57M

18.97%3.04B

Basic earnings per share

4.44%0.47

14.12%2.99

13.79%1.98

15.24%1.21

15.38%0.45

21.86%2.62

20.00%1.74

29.63%1.05

25.81%0.39

19.44%2.15

Diluted earnings per share

4.44%0.47

14.12%2.99

13.79%1.98

15.24%1.21

15.38%0.45

21.86%2.62

20.00%1.74

29.63%1.05

25.81%0.39

19.44%2.15

Currency Unit

CNY

Accounting Standards

CAS (2007)

Audit Opinions

Unqualified Opinion

Auditor

KPMG Huazhen Certified Public Accountants (Special General Partnership)

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q9)Sep 30, 2025	(Q6)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q9)Sep 30, 2024	(Q6)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023
Turnover	12.45%5.1B	15.23%28.7B	14.86%18.83B	17.95%12.21B	14.81%4.54B	13.42%24.91B	16.30%16.39B	20.83%10.36B	28.07%3.95B	21.78%21.96B
Operating income	12.45%5.1B	15.23%28.7B	14.86%18.83B	17.95%12.21B	14.81%4.54B	13.42%24.91B	16.30%16.39B	20.83%10.36B	28.07%3.95B	21.78%21.96B
Operating expenses	-12.78%-3.4B	-13.61%-19.11B	-9.77%-12.72B	-10.78%-8.3B	-8.55%-3.02B	-7.26%-16.82B	-14.91%-11.59B	-20.40%-7.5B	-33.28%-2.78B	-29.17%-15.68B
Gross profit	11.81%1.7B	18.60%9.6B	27.16%6.11B	36.72%3.91B	29.65%1.52B	28.78%8.09B	19.81%4.8B	21.99%2.86B	17.20%1.17B	6.58%6.28B
Selling expenses	-13.15%-122.78M	0.38%-586.92M	-6.37%-351.53M	-10.16%-228.18M	-20.74%-108.52M	-20.08%-589.18M	-7.30%-330.47M	-2.34%-207.14M	49.29%-89.87M	55.32%-490.65M
Administrative expenses	-18.17%-247.8M	-4.97%-1.23B	-5.89%-722.18M	-7.57%-472.31M	-17.81%-209.7M	-9.66%-1.17B	-9.31%-682.03M	-13.76%-439.06M	-16.53%-178M	-19.77%-1.07B
Research and development expenses	-12.18%-586.95M	-13.35%-3.01B	-20.40%-1.88B	-26.60%-1.21B	-12.71%-523.23M	-28.81%-2.66B	-22.98%-1.56B	-18.48%-959.33M	-25.01%-464.21M	-17.05%-2.06B
Profit from asset sales	1,267.99%77.96K	-104.71%-1.08M	-123.06%-705.97K	-123.07%-682.46K	-85.43%5.7K	726.09%22.95M	14.85%3.06M	1,479.35%2.96M	111.83%39.12K	-31.86%2.78M
Revaluation surplus	-89.80%733.56K	-84.06%6.99M	-79.04%6.69M	-70.80%8.11M	-53.05%7.19M	-41.22%43.85M	-44.77%31.91M	-33.03%27.78M	-16.19%15.31M	-55.07%74.6M
-Changes in the fair value of other assets	-89.80%733.56K	-84.06%6.99M	-79.04%6.69M	-70.80%8.11M	-53.05%7.19M	-41.22%43.85M	-44.77%31.91M	-33.03%27.78M	-16.19%15.31M	-55.07%74.6M
Impairment and provision	31.75%-28.74M	-22.77%-485.49M	-43.36%-319.5M	-61.13%-223.68M	8.87%-42.11M	-15.58%-395.43M	-36.46%-222.86M	-24.06%-138.82M	-179.43%-46.21M	-3,022.33%-342.13M
-Other impairment is provision	31.75%-28.74M	-22.77%-485.49M	-43.36%-319.5M	-61.13%-223.68M	8.87%-42.11M	-15.58%-395.43M	-36.46%-222.86M	-24.06%-138.82M	-179.43%-46.21M	-3,022.33%-342.13M
Special items of operating profit	-38.10%65.24M	-50.78%469.53M	-57.82%305.19M	-58.28%215.37M	-36.93%105.4M	32.81%954.02M	62.71%723.56M	106.62%516.23M	24.63%167.13M	35.49%718.35M
Operating profit	5.33%753.34M	10.28%4.57B	13.31%3.01B	18.67%1.9B	28.63%715.2M	38.26%4.14B	28.25%2.66B	47.38%1.6B	32.66%556.03M	9.26%2.99B
Financing income	-21.41%63.25M	7.10%305.3M	0.57%237.44M	7.65%156.84M	22.43%80.48M	9.52%285.07M	22.91%236.09M	16.70%145.69M	7.20%65.74M	27.51%260.28M
Financing cost	27.90%-9.11M	33.38%-26.24M	65.55%-12.87M	60.64%-10.11M	4.40%-12.64M	16.82%-39.39M	-16.20%-37.36M	-31.78%-25.68M	-46.39%-13.22M	-125.88%-47.35M
Special items of earning before tax	13.91%7.55M	-10.09%27.5M	-24.25%17.89M	100.33%12.63M	-0.20%6.63M	-27.51%30.59M	15.37%23.62M	-56.10%6.3M	124.03%6.64M	311.56%42.2M
Earning before tax	-0.88%777.65M	12.90%4.87B	15.52%3.27B	24.12%2.09B	28.28%784.52M	31.02%4.32B	25.56%2.83B	37.24%1.68B	29.92%611.58M	12.00%3.29B
After-tax profit from continuing operations	-2.34%672.39M	9.12%4.31B	10.19%2.89B	13.33%1.78B	21.53%688.49M	27.99%3.95B	24.76%2.62B	32.48%1.57B	26.61%566.52M	19.03%3.09B
Earning after tax	-2.34%672.39M	9.12%4.31B	10.19%2.89B	13.33%1.78B	21.53%688.49M	27.99%3.95B	24.76%2.62B	32.48%1.57B	26.61%566.52M	19.03%3.09B
Minority profit	-49.23%29.05M	-13.67%212.52M	0.37%166.75M	19.64%112.69M	475.06%57.22M	454.56%246.17M	251.25%166.13M	175.83%94.19M	-19.38%9.95M	22.80%44.39M
Profit attributable to shareholders	1.91%643.34M	10.64%4.1B	10.85%2.72B	12.93%1.67B	13.42%631.27M	21.77%3.7B	19.54%2.45B	28.24%1.48B	27.92%556.57M	18.97%3.04B
Basic earnings per share	4.44%0.47	14.12%2.99	13.79%1.98	15.24%1.21	15.38%0.45	21.86%2.62	20.00%1.74	29.63%1.05	25.81%0.39	19.44%2.15
Diluted earnings per share	4.44%0.47	14.12%2.99	13.79%1.98	15.24%1.21	15.38%0.45	21.86%2.62	20.00%1.74	29.63%1.05	25.81%0.39	19.44%2.15
Currency Unit	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY
Accounting Standards	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)
Audit Opinions	--	Unqualified Opinion	--	--	--	Unqualified Opinion	--	--	--	Unqualified Opinion
Auditor	--	KPMG Huazhen Certified Public Accountants (Special General Partnership)	--	--	--	KPMG Huazhen Certified Public Accountants (Special General Partnership)	--	--	--	KPMG Huazhen Certified Public Accountants (Special General Partnership)

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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