TravelSky Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	8,650	8,789	6,936	5,178	5,432	5,439
Other Revenue	25.63	33.78	47.45	32.6	44.6	46.09
Revenue	8,676	8,823	6,984	5,210	5,476	5,486
Revenue Growth (YoY)	12.41%	26.33%	34.04%	-4.86%	-0.17%	-32.46%
Cost of Revenue	4,282	4,310	3,317	3,090	3,312	3,086
Gross Profit	4,393	4,513	3,667	2,120	2,164	2,400
Selling, General & Admin	1,597	1,434	1,191	1,029	1,046	1,047
Research & Development	559	824.64	863.04	701.71	973.76	691.62
Other Operating Expenses	86.37	82.44	9.16	-4.77	-5.4	27.02
Operating Expenses	2,261	2,481	2,356	1,791	1,639	2,462
Operating Income	2,132	2,032	1,311	328.84	525.33	-62.29
Interest Expense	-12.85	-11.48	-15.19	-12.42	-2.84	-5.82
Interest & Investment Income	253.16	279.76	240.29	189.96	156.45	656.38
Currency Exchange Gain (Loss)	18.61	23.6	9.76	17.56	-5.96	-19.43
Other Non Operating Income (Expenses)	5.43	-2	5.55	30.89	-9.38	-12.59
EBT Excluding Unusual Items	2,397	2,322	1,551	554.84	663.61	556.25
Impairment of Goodwill	-	-	-	-	-	-152.33
Gain (Loss) on Sale of Investments	86.52	77.61	68.31	36.81	9.93	-7.01
Gain (Loss) on Sale of Assets	4.55	1.83	2.66	135.98	-0.85	0.02
Asset Writedown	-0.35	0.2	-0.91	0.38	-23.17	-70.24
Other Unusual Items	-20.65	-7.06	-9.39	7.13	14.37	-12.54
Pretax Income	2,467	2,395	1,612	735.14	663.88	314.16
Income Tax Expense	266.19	265.96	164.26	55.29	52.78	-97.78
Earnings From Continuing Operations	2,201	2,129	1,448	679.85	611.1	411.94
Minority Interest in Earnings	-45.83	-54.29	-48.92	-52.8	-59.8	-49.14
Net Income	2,155	2,074	1,399	627.05	551.3	362.8
Net Income to Common	2,155	2,074	1,399	627.05	551.3	362.8
Net Income Growth	37.61%	48.27%	123.10%	13.74%	51.96%	-85.64%
Shares Outstanding (Basic)	2,926	2,926	2,926	2,926	2,926	2,926
Shares Outstanding (Diluted)	2,926	2,926	2,926	2,926	2,926	2,926
EPS (Basic)	0.74	0.71	0.48	0.21	0.19	0.12
EPS (Diluted)	0.73	0.71	0.48	0.21	0.19	0.12
EPS Growth	36.43%	48.27%	127.66%	11.46%	57.00%	-86.10%
Free Cash Flow	1,988	2,172	-390.47	1,042	2,461	-369.38
Free Cash Flow Per Share	0.68	0.74	-0.13	0.36	0.84	-0.13
Dividend Per Share	0.239	0.239	0.160	0.053	0.055	0.016
Dividend Growth	49.38%	49.38%	201.89%	-3.64%	243.75%	-94.46%
Gross Margin	50.64%	51.15%	52.51%	40.70%	39.52%	43.74%
Operating Margin	24.58%	23.03%	18.77%	6.31%	9.59%	-1.14%
Profit Margin	24.84%	23.51%	20.03%	12.04%	10.07%	6.61%
Free Cash Flow Margin	22.91%	24.62%	-5.59%	19.99%	44.95%	-6.73%
EBITDA	2,485	2,699	2,210	1,267	1,456	795.69
EBITDA Margin	28.65%	30.59%	31.64%	24.32%	26.59%	14.51%
D&A For EBITDA	353.18	667.28	898.87	938.44	931	857.98
EBIT	2,132	2,032	1,311	328.84	525.33	-62.29
EBIT Margin	24.58%	23.03%	18.77%	6.31%	9.59%	-1.14%
Effective Tax Rate	10.79%	11.11%	10.19%	7.52%	7.95%	-
Revenue as Reported	8,676	8,823	6,984	5,210	5,476	5,486
Advertising Expenses	-	1.78	0.53	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.