Page: Company Financials
Tien Li Offshore Wind Technology Co., Ltd.
$6.04
-0.31 (-4.88%)
As of: 2026-01-23
Master Data Export
Enterprise Value
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Stock Price | 25.51 | 48.52 | 50.65 | 100.42 | 80.89 | 80.86 |
| Market Capitalization | 2,024.22M | 3,668.12M | 3,757.55M | 6,446.27M | 3,548.70M | 2,183.22M |
| (-) Cash & Equivalents | 278.13M | 142.32M | 33.75M | 259.82M | 163.20M | 39.83M |
| (+) Total Debt | 563.85M | 592.47M | 265.76M | 1,279.82M | 695.68M | 98.67M |
| Enterprise Value | 2,309.94M | 4,118.28M | 3,989.56M | 7,466.27M | 4,081.18M | 2,242.06M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,094M | 843M | 1,188M | 1,089M | 400M | 0M | 0M | 0M |
| Cost of Revenue | 1,745M | 1,013M | 892M | 867M | 557M | 171M | 14M | 0M |
| Gross Profit | 350M | -170M | 296M | 222M | -158M | -171M | -14M | 0M |
| Gross Profit Margin | 16.7% | -20.1% | 25.0% | 20.4% | -39.5% | 0.0% | 0.0% | 0.0% |
| R&D Expenses | 30M | 38M | 15M | 20M | 23M | 9M | 4M | 0M |
| SG&A Expenses | 269M | 334M | 163M | 165M | 156M | 205M | 59M | 0M |
| Operating Expenses | 287M | 299M | 178M | 185M | 179M | 214M | 63M | 0M |
| Operating Income (EBIT) | 62M | -469M | 118M | 37M | -337M | -385M | -77M | 0M |
| Operating Income Margin | 3.0% | -55.6% | 9.9% | 3.4% | -84.3% | 0.0% | 0.0% | 0.0% |
| Interest Income | 5M | 8M | 3M | 1M | 1M | 0M | 0M | 0M |
| Interest Expense | 31M | 56M | 16M | 16M | 46M | 19M | 7M | 7M |
| Net Interest Income | -26M | -47M | -13M | -15M | -45M | -19M | -7M | -6M |
| Unusual Items | -188M | -7M | -162M | 70M | -5M | 25M | 15M | 6M |
| EBT Excluding Unusual Items | 36M | -516M | 105M | 22M | -382M | -404M | -83M | -6M |
| Pre-Tax Income | -152M | -523M | -57M | 92M | -387M | -379M | -68M | 0M |
| Pre-Tax Margin | -7.2% | -62.1% | -4.8% | 8.5% | -96.9% | 0.0% | 0.0% | 0.0% |
| Income Tax Expense | 9M | 1M | -23M | 9M | 0M | 2M | 0M | 0M |
| Net Income | -161M | -525M | -57M | 83M | -387M | -381M | -68M | -38M |
| Net Income Margin | -7.7% | -62.2% | -4.8% | 7.6% | -96.9% | 0.0% | 0.0% | 0.0% |
| Depreciation & Amortization | 236M | 204M | 131M | 133M | 123M | 44M | 14M | 0M |
| EBITDA | 298M | -265M | 249M | 170M | -214M | -341M | -63M | 0M |
| EBITDA Margin | 14.2% | -31.5% | 21.0% | 15.6% | -53.6% | 0.0% | 0.0% | 0.0% |
| NOPAT | 49M | -370M | 93M | 33M | -266M | -304M | -61M | 0M |
| NOPAT Margin | 2.4% | -43.9% | 7.8% | 3.0% | -66.6% | 0.0% | 0.0% | 0.0% |
| Owner's Earnings | 57M | -1,233M | 63M | 178M | -389M | -1,191M | -703M | -58M |
| Owner's Earnings Margin | 2.7% | -146.2% | 5.3% | 16.3% | -97.3% | 0.0% | 0.0% | 0.0% |
| EPS (Basic) | -2.23 | -7.63 | -0.76 | 1.10 | -5.36 | -5.94 | -1.55 | -1.42 |
| EPS (Diluted) | -2.08 | -7.28 | -0.76 | 1.10 | -5.36 | -5.94 | -1.55 | -1.42 |
| Shares (Basic) | 77M | 72M | 76M | 76M | 72M | 64M | 44M | 27M |
| Shares (Diluted) | 77M | 72M | 76M | 76M | 72M | 64M | 44M | 27M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 138.24M | 287.56M | 287.56M | 216.81M | 67.49M | 282.75M | 191.05M | 79.66M |
| Short-Term Investments | 15.84M | 21.17M | 21.17M | 15.05M | 15.31M | 60.18M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 154.08M | 308.73M | 308.73M | 231.86M | 82.80M | 342.92M | 191.05M | 79.66M |
| Net Receivables | 39.30M | 357.33M | 357.33M | 308.78M | 224.15M | 23.18M | 4.07M | 0.00M |
| Inventory | 4.54M | 13.44M | 13.44M | 61.12M | 36.94M | 11.60M | 0.00M | 0.00M |
| Other Current Assets | 75.75M | 40.55M | 40.55M | 21.59M | 11.58M | 0.10M | 44.65M | 2.68M |
| Total Current Assets | 273.68M | 720.05M | 720.05M | 623.35M | 355.47M | 377.80M | 239.76M | 82.33M |
| Property, Plant & Equipment | 1,422.51M | 1,489.83M | 1,489.83M | 1,619.76M | 1,713.98M | 1,700.49M | 863.70M | 231.34M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 0.35M | 0.73M | 0.73M | 2.87M | 4.12M | 3.98M | 0.61M | 0.54M |
| Long-Term Investments | 56.99M | 69.96M | 69.96M | 92.58M | 33.15M | 702.30M | 758.57M | 0.00M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -758.57M | 0.00M |
| Other Non-Current Assets | 134.04M | 146.28M | 146.28M | 121.11M | 177.26M | 401.62M | 1,094.72M | 88.35M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 1,613.89M | 1,706.80M | 1,706.80M | 1,836.31M | 1,928.52M | 2,808.38M | 1,959.03M | 320.23M |
| Total Assets | 1,887.57M | 2,426.85M | 2,426.85M | 2,459.66M | 2,283.98M | 3,186.19M | 2,198.80M | 402.56M |
| Accounts Payable | 0.22M | 5.15M | 5.15M | 1.97M | 1.96M | 1.62M | 0.00M | 0.07M |
| Short-Term Debt | 60.00M | 388.39M | 388.39M | 240.02M | 140.00M | 150.00M | 10.63M | 0.00M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 8.79M | 0.00M | 1.92M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.02M | 145.42M | 60.20M | 0.00M | 0.00M |
| Other Current Liabilities | 80.02M | 39.14M | 39.14M | 148.76M | 27.20M | -1.13M | -9.50M | 0.94M |
| Total Current Liabilities | 140.24M | 432.68M | 432.68M | 399.56M | 314.58M | 212.61M | 1.13M | 1.01M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 160.00M | 200.00M | 1,082.80M | 668.00M | 0.00M |
| Capital Lease Obligations | 164.52M | 168.03M | 168.03M | 179.53M | 191.52M | 186.37M | 193.79M | 213.57M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 107.60M | 105.28M | 105.28M | 0.14M | 7.20M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Liabilities | 272.12M | 273.32M | 273.32M | 339.66M | 398.72M | 1,269.17M | 861.79M | 213.57M |
| Total Liabilities | 412.36M | 705.99M | 705.99M | 739.23M | 713.29M | 1,481.77M | 862.92M | 214.58M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 756.00M | 756.00M | 756.00M | 700.00M | 700.00M | 650.00M | 550.00M | 250.00M |
| Retained Earnings | -177.58M | -52.61M | -52.61M | 83.21M | -900.70M | -513.42M | -132.40M | -64.58M |
| Accumulated OCI | -0.53M | 8.92M | 8.92M | -0.22M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 577.90M | 712.31M | 712.31M | 782.99M | -200.70M | 136.58M | 417.60M | 185.43M |
| Total Equity | 577.90M | 712.31M | 712.31M | 782.99M | -200.70M | 136.58M | 417.60M | 185.43M |
| Total Liabilities & Equity | 990.25M | 1,418.30M | 1,418.30M | 1,522.21M | 512.60M | 1,618.35M | 1,280.52M | 400.01M |
| Tangible Assets | 1,887.22M | 2,426.12M | 2,426.12M | 2,456.79M | 2,279.86M | 3,182.21M | 2,198.18M | 402.02M |
| Tangible Equity | 577.55M | 711.58M | 711.58M | 780.12M | -204.82M | 132.61M | 416.99M | 184.89M |
| Tangible Book Value | 577.55M | 711.58M | 711.58M | 780.12M | -204.82M | 132.61M | 416.99M | 184.89M |
| Total Investments | 72.83M | 91.13M | 91.13M | 107.63M | 48.46M | 762.47M | 758.57M | 0.00M |
| Net Debt | -78.24M | 100.83M | 100.83M | 183.21M | 272.51M | 950.06M | 487.58M | -79.66M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Working Capital | 117.0M | 160.0M | 160.0M | 155.9M | 39.1M | 166.3M | 209.7M | 62.5M |
| Total Capital | 1,694.2M | 2,160.6M | 2,160.6M | 2,243.7M | 2,112.6M | 3,136.4M | 2,179.4M | 399.0M |
| Capital Employed | 1,730.9M | 1,866.8M | 1,866.8M | 1,992.2M | 1,967.6M | 2,974.7M | 2,168.8M | 382.8M |
| Invested Capital | 1,556.0M | 1,873.0M | 1,873.0M | 2,026.9M | 2,045.1M | 2,853.7M | 1,988.3M | 319.3M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | -160.68M | -476.22M | -57.28M | 83.21M | -387.02M | -381.02M | -67.82M | -38.37M |
| Depreciation & Amortization | 255.76M | 171.62M | 131.33M | 133.05M | 122.80M | 43.95M | 13.87M | 13.42M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 10.67M | 0.00M | 0.00M | 1.07M | 10.67M | 0.01M | 0.00M |
| Change in Working Capital | 154.41M | -230.03M | -94.56M | -77.48M | -116.47M | 36.61M | -30.36M | 0.78M |
| Accounts Receivable | 273.65M | -275.67M | -46.72M | -108.66M | -200.21M | 0.02M | -3.95M | -0.12M |
| Inventory | 14.50M | -23.03M | 15.37M | -9.48M | -11.54M | -11.60M | 0.00M | 0.00M |
| Accounts Payable | 7.88M | 0.00M | 0.00M | 0.01M | 0.00M | 1.62M | -0.07M | 0.00M |
| Other Working Capital | -141.61M | 67.05M | -63.21M | 31.53M | 102.12M | 46.59M | -26.34M | 0.89M |
| Other Non-Cash Items | 209.19M | -27.61M | 160.15M | -54.41M | 22.48M | -37.69M | -4.93M | 0.19M |
| Net Cash from Operating Activities | 458.68M | -610.04M | 139.65M | 84.38M | -357.15M | -327.48M | -89.24M | -23.99M |
| Capital Expenditures (PPE) | -17.96M | -911.55M | -11.29M | -38.62M | -124.44M | -853.87M | -648.55M | -20.10M |
| Acquisitions (Net) | 0.00M | 19.35M | -11.00M | -40.67M | -27.50M | 19.35M | 0.00M | 0.00M |
| Purchases of Investments | -20.60M | -59.49M | -9.60M | -11.31M | -18.04M | -59.49M | -758.57M | 0.00M |
| Sales / Maturities of Investments | 0.32M | 0.00M | 0.00M | 74.35M | 797.39M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | 49.77M | 1,079.06M | -0.37M | 40.85M | 179.79M | -5.29M | -247.80M | 58.97M |
| Net Cash from Investing Activities | 11.53M | 127.37M | -32.26M | 24.59M | 807.19M | -899.30M | -1,654.92M | 38.87M |
| Net Debt Issuance | -197.19M | 560.00M | -11.61M | 60.00M | -910.00M | 560.00M | 666.00M | 0.00M |
| Long-Term Debt Issuance | -207.80M | 560.00M | -40.00M | -40.00M | -1,010.00M | 560.00M | 666.00M | 0.00M |
| Short-Term Debt Issuance | 10.61M | 0.00M | 28.39M | 100.02M | 100.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | 0.00M | 490.39M | 0.00M | 0.00M | 250.00M | 770.00M | 1,200.00M | 0.00M |
| Common Stock Issuance | 0.00M | 770.00M | 0.00M | 0.00M | 250.00M | 770.00M | 1,200.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -14.00M | 0.00M | -14.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Dividends Paid | -14.00M | 0.00M | -14.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -187.55M | -527.10M | -11.57M | -19.45M | -5.29M | -11.52M | -10.45M | -10.37M |
| Net Cash from Financing Activities | -398.74M | 523.29M | -37.18M | 40.55M | -665.29M | 1,318.48M | 1,855.56M | -10.37M |
| Effect of FX on Cash | -1.05M | 0.00M | 0.54M | -0.20M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 70.42M | 157.86M | 70.75M | 149.32M | -215.25M | 91.70M | 111.39M | 4.51M |
| Cash at Beginning of Period | 840.90M | 382.09M | 216.81M | 67.49M | 282.75M | 191.05M | 79.66M | 75.15M |
| Cash at End of Period | 769.00M | 539.95M | 287.56M | 216.81M | 67.49M | 282.75M | 191.05M | 79.66M |
| Operating Cash Flow | 458.68M | -610.04M | 139.65M | 84.38M | -357.15M | -327.48M | -89.24M | -23.99M |
| Capital Expenditure | -17.96M | -911.55M | -11.29M | -38.62M | -124.44M | -853.87M | -648.55M | -20.10M |
| Free Cash Flow | 440.72M | -1,521.60M | 128.36M | 45.76M | -481.59M | -1,181.36M | -737.79M | -44.09M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 286.54M | -360.41M | 249.34M | 169.73M | -213.98M | -341.15M | -62.74M | 0.00M |
| (-) Tax Adjustment | 0.00M | 0.00M | 87.27M | 16.36M | 0.00M | 0.00M | 0.00M | 0.00M |
| (-) Change In Working Capital | 154.41M | -230.03M | -94.56M | -77.48M | -116.47M | 36.61M | -30.36M | 0.78M |
| (-) Capital Expenditure | -17.96M | -911.55M | -11.29M | -38.62M | -124.44M | -853.87M | -648.55M | -20.10M |
| Unlevered Free Cash Flow | 114.17M | -1,041.93M | 245.34M | 192.22M | -221.95M | -1,231.63M | -680.94M | -20.88M |
| (-) Net Interest Income After Taxes | -26.28M | 11.17M | -8.63M | -13.45M | -45.26M | -18.86M | -6.70M | -6.22M |
| Net Debt Issuance | -197.19M | 560.00M | -11.61M | 60.00M | -910.00M | 560.00M | 666.00M | 0.00M |
| Levered Free Cash Flow | -56.74M | -493.10M | 242.36M | 265.67M | -1,086.69M | -652.77M | -8.24M | -14.66M |