Tiandi Science & Technology (600582) Q4 2024 earnings summary

Executive summary

• Achieved revenue of ¥30.53 billion in 2024, up 2% year-over-year; net profit attributable to shareholders rose 11.17% to ¥2.62 billion; total assets increased 7.57% to ¥57.26 billion; net assets attributable to shareholders grew 6.48% to ¥24.43 billion; ROE reached 11.12%.

• Focused on integrated marketing, technological innovation, and deepening reforms, with significant breakthroughs in coal mining technology and digital transformation; continued to strengthen risk management and safety, maintaining stable operations and no major accidents.

Financial highlights

• Revenue: ¥30.53 billion, up 2% year-over-year; net profit attributable to shareholders: ¥2.62 billion, up 11.17%; operating cash flow: ¥5.11 billion, down 11.5% year-over-year.

• Gross margin and segment profitability improved in safety equipment and technical projects; R&D expenses increased 5.57% to ¥2.19 billion, representing 7.17% of revenue.

• Basic and diluted EPS: ¥0.633, up 11.05% year-over-year; net assets per share: ¥5.90.

Outlook and guidance

• 2025 focus on high-quality growth, market expansion, digital and green transformation, and risk control; expects coal industry demand to remain robust, with continued investment in intelligent mining and clean energy.