Values Cultural Investment Limited (HKG:1740)

HKG:1740 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4.12	62.91	4.09	43.14	87.59
Revenue Growth (YoY)	-93.45%	1438.24%	-90.52%	-50.75%	-58.81%
Cost of Revenue	43.02	124.01	42.5	43.39	54.28
Gross Profit	-38.9	-61.1	-38.41	-0.25	33.31
Selling, General & Admin	15.98	18.72	14.37	15.88	17.01
Operating Expenses	47	31.12	84.87	37.27	33.04
Operating Income	-85.9	-92.21	-123.28	-37.52	0.27
Interest Expense	-0.24	-0.35	-0.04	-	-0.65
Interest & Investment Income	0.04	0.05	0.25	0.97	1.77
Earnings From Equity Investments	-2.31	-1.14	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	0.1
Other Non Operating Income (Expenses)	-6.18	-5.51	-5.38	-5.7	1.53
EBT Excluding Unusual Items	-94.59	-99.16	-128.45	-42.26	3
Gain (Loss) on Sale of Investments	-3.55	-	-	-	-
Pretax Income	-98.14	-99.16	-128.45	-42.26	3
Income Tax Expense	0.18	0.28	13.04	-4.29	1.78
Net Income	-98.32	-99.44	-141.49	-37.97	1.23
Net Income to Common	-98.32	-99.44	-141.49	-37.97	1.23
Net Income Growth	-	-	-	-	-95.06%
Shares Outstanding (Basic)	1,038	1,038	1,038	1,038	1,023
Shares Outstanding (Diluted)	1,038	1,038	1,038	1,038	1,023
Shares Change (YoY)	-	-	-	1.44%	36.47%
EPS (Basic)	-0.09	-0.10	-0.14	-0.04	0.00
EPS (Diluted)	-0.09	-0.10	-0.14	-0.04	0.00
EPS Growth	-	-	-	-	-96.38%
Free Cash Flow	-18.15	4.23	-73.63	-24.6	40.3
Free Cash Flow Per Share	-0.02	0.00	-0.07	-0.02	0.04
Gross Margin	-	-97.11%	-	-0.58%	38.03%
Operating Margin	-2083.43%	-146.57%	-3014.08%	-86.99%	0.31%
Profit Margin	-2384.57%	-158.06%	-3459.36%	-88.02%	1.40%
Free Cash Flow Margin	-440.31%	6.72%	-1800.15%	-57.03%	46.01%
EBITDA	-85.81	-92.12	-123.19	-37.48	0.32
EBITDA Margin	-	-146.42%	-	-86.89%	0.36%
D&A For EBITDA	0.09	0.1	0.09	0.04	0.05
EBIT	-85.9	-92.21	-123.28	-37.52	0.27
EBIT Margin	-	-146.57%	-	-86.99%	0.31%
Effective Tax Rate	-	-	-	-	59.19%

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