天工国际二零二五年中期报告

目 錄 2 3 18 25 26 27 28 30 32 33 公司資料 Tiangong International Company Limited 173–17420 826 108 1817 Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100, Cayman Islands 183171712–1716 P.O. Box 309G.T. Ugland HouseSouth Church Street, George TownGrand Cayman, Cayman Islands tiangongir@tggj.cn(852) 3102–2386(852) 3102–2331 管理層討論及分析 4.7%565,627,000540,024,000 8.2%588,963,000641,393,000 2.3%1,154,590,0001,181,417,000 管理層討論及分析 14.1%259,800,000227,657,000 35.4%134,634,000208,488,000 9.6%394,434,000436,145,000 管理層討論及分析 5.4%159,524,000168,631,000 19.4%237,841,000294,976,000 14.3%397,365,000463,607,000 8.5%347,213,000379,375,000 3D 管理層討論及分析 —2.0% 15.0%47,320,00055,647,000 184,371,00010.4%203,583,000 2,342,495,0002,521,648,0007.1% 1,963,178,0001,898,620,0003.3% 管理層討論及分析 18.9%22.1% 13.3%13.8% 14.1%15.6% 33.1%28.5% 39.0%24.2% 19.2%7.7% 管理層討論及分析 48,306,000170,171,000 55,783,00063,686,00012.4% 91,415,00083,348,0009.7%3.9%3.3% 146,994,000137,045,000 75,973,00064,537,000 11,943,00019,213,000(i)(ii) 210,239,0004%218,619,0009.3%8.3% 203,583,000184,371,00010.4% 管理層討論及分析 2,816,086,0003,181,899,000166,702,000143,288,0005.0%4.8% GDP5.3%0.3GDP GDP2.7%13.2%5019.7%(i)(ii)(iii)11.4%10.1%11.4% 管理層討論及分析 DeepSeek(AI) 10 —TPMDC02A— TPM330TPMD31 12546.8% 管理層討論及分析 (3C) EB A 3.94411.93%20.171301230%3D 管理層討論及分析 EBEBESG — 管理層討論及分析 TPMDC02ATPMDC02A TGE23TGE23(NADCA) TCT ASIA 20253D3D FASTCO 2024 — 管理層討論及分析 49.7% 1,282,028,0002,581,172,0003,900,869,000593,584,000115,980,0001,282,028,0001,109,142,00088,723,0008,013,00076,150,0008,538,187,0007,937,590,0007.6% 管理層討論及分析 3,455,039,0003,284,666,0001,855,966,0001,827,473,0001,599,073,0001,457,193,00030.1%33.0% 3,080,460,0002,794,255,00031,587,00050,435,000119,709,000119,709,0002.24%6.14%2.60%6.14%22,340,000150,299,000 95,441,000103,877,000779,163,000734,949,000171,715,000129,633,000607,448,000605,316,000 21.792.9% 1,674.815.6%560.121.2% 管理層討論及分析 56.9%52.7%43.1%47.3% 115,980,000134,494,000149,391,000137,751,000 3,6443,565219,146,000215,128,000 管理層討論及分析 67.63% 201,003,4067.71%90.06% 5% 100,000,00060,000,00060% D232 董事會報告 0.02620.0203 XV352 (a) (1)Tiangong Holdings Company LimitedTHCL784,258,000THCL89.02%10.98%THCL784,258,000(2)Sky Greenfield Investment Limited644,794,521Sky Greenfield Investment Limited100%(3)Sky Greenfield Investment Limited43,932,000(L) 董事會報告 (1)THCL 5,489THCL5,489(2)14,483,951(3)Sky Greenfield Investment Limited 1(4)Sky Greenfield Investment Limited1(5)1,432,195(L) 董事會報告 XV23336 (1)THCL89.02%10.98%(2)— (a)(3)Sky Greenfield Investment Limited100%(4)Sky Greenfield Investment Limited43,932,000(5)— (a) 董事會報告 (1)—(b)(2)—(b)(L) 1. 董事會報告 2.222,008,0000.0025162,009,0005.94% 3.121%1% 4.10 5. 6.1.0010 7.(i)(ii)(iii) 8. 60,000,0000.002550%50%50%50%0.00251.500.00251.29 60,000,00030,000,00030,000,000 30,000,00030,000,000 董事會報告 162,009,000 1.692.38 C12 C3 董事會報告 —78,480,000 45% 45% 獨立審閱報告 26543434 2410 34 108 綜合損益表 綜合損益及其他全面收益表 綜合財務狀況表 綜合財務狀況表 綜合權益變動表 綜合權益變動表 簡明綜合現金流量表 未經審核中期財務報告的附註 1 34 2 34 241025 未經審核中期財務報告的附註 2 21— 3 (a) 3(b) 未經審核中期財務報告的附註 3 (b) ————— (i) EBITEBIT EBIT 未經審核中期財務報告的附註 3 (b) (i) 未經審核中期財務報告的附註 3 (b) (i) 未經審核中期財務報告的附註 3 (b) (ii) 未經審核中期財務報告的附註 3 (b) (ii) (iii) 未經審核中期財務報告的附註 4 (i)12,562,0002,857,0003,981,0003,980,000 5 未經審核中期財務報告的附註 6 (a) (b) 未經審核中期財務報告的附註 7 (b) 15%15% 15%25% 25%25% 10% (c)16.5%16.5% (d)Tiangong Precision Tools (Thailand) CompanyLimitedTGPT0%20% TiangongSpecial Steel Company LimitedTGSSTiangong New Material (Thailand) Co., Ltd.TGNM20%20% 未經審核中期財務報告的附註 8 (a) 203,583,000184,371,0002,725,000,0002,760,750,961 (b) 9 95,042,000119,762,000 10 (i)519,0007,878,000 (ii)2,211,0001,534,000 未經審核中期財務報告的附註 11 11,331,0006,897,000 12 149,391,000137,751,000 未經審核中期財務報告的附註 12 90180 13 115,980,000134,494,000 14 593,584,000605,231,0003 15 1,137,711,000868,748,000 未經審核中期財務報告的附註 未經審核中期財務報告的附註 17 (i)3.45%3.90%3.65%4.02%(ii)2.24%6.14%2.70%6.43%(iii)3.45%3.90%3.45%(iv)2.70%4.00%2.70%4.00% 369,119,000256,139,000 未經審核中期財務報告的附註 18 1,415,000,00016.65%1,415,000,000 114,607,00090.06%89.00% 19 (a) (i) 未經審核中期財務報告的附註 19 (a) (ii) (b) 48,144,00082,791,00075,189,00037891,00075,189,000 (c) 69,000,000239,010,000164,554,00074,456,000 未經審核中期財務報告的附註 20 (a) (i) 13 • 未經審核中期財務報告的附註 20 (a) (i) 未經審核中期財務報告的附註 20 (a) (ii) (i)10 5%682,000783,000 (ii)5%4,280,0004,240,000 (b) 未經審核中期財務報告的附註 21 22 (a) 未經審核中期財務報告的附註 22 23 100,000,00060,000,00060%