Newborn Town Inc. (HKG:9911)

Newborn Town Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,001	5,092	3,308	2,800	2,360	1,182
Revenue Growth (YoY)	42.70%	53.92%	18.15%	18.64%	99.72%	203.22%
Cost of Revenue	2,759	2,484	1,586	1,742	1,356	424.08
Gross Profit	3,242	2,608	1,722	1,058	1,003	757.52
Selling, General & Admin	2,070	1,534	860.43	595.88	1,235	538.85
Research & Development	339.07	335.42	314.52	212.07	130.86	58.53
Other Operating Expenses	-7.68	10.78	1.31	-0.51	-3.25	-3.8
Operating Expenses	2,402	1,880	1,176	808.75	1,378	601.11
Operating Income	840.11	727.31	545.82	249.16	-374.47	156.4
Interest Expense	-11.43	-5.41	-5.95	-1.51	-5.83	-3.71
Interest & Investment Income	77.41	63.2	21.46	0.98	2.21	1.8
Earnings From Equity Investments	-0.9	-1.73	47.31	18.65	-0.21	-0.01
Currency Exchange Gain (Loss)	0.58	0.58	4.85	20.01	-25.24	-29.36
Other Non Operating Income (Expenses)	-0.15	-0.15	-	-0.29	-0.17	-
EBT Excluding Unusual Items	905.63	783.81	613.49	287.01	-403.69	125.13
Impairment of Goodwill	-	-	-	-	-	-5.03
Gain (Loss) on Sale of Investments	1.03	1.03	159.27	0.37	9.81	10.08
Pretax Income	906.66	784.84	772.76	287.38	-393.88	130.18
Income Tax Expense	-0.43	-2.93	12.15	0.04	-6.76	15.84
Earnings From Continuing Operations	907.09	787.77	760.61	287.34	-387.13	114.34
Minority Interest in Earnings	-162.17	-307.46	-247.77	-157.2	100.84	-74.66
Net Income	744.92	480.31	512.85	130.14	-286.28	39.69
Net Income to Common	744.92	480.31	512.85	130.14	-286.28	39.69
Net Income Growth	34.89%	-6.34%	294.09%	-	-	-41.99%
Shares Outstanding (Basic)	1,201	1,137	1,148	1,143	999	999
Shares Outstanding (Diluted)	1,221	1,140	1,149	1,155	999	999
Shares Change (YoY)	6.92%	-0.79%	-0.56%	15.62%	0.03%	19.66%
EPS (Basic)	0.62	0.42	0.45	0.11	-0.29	0.04
EPS (Diluted)	0.61	0.42	0.45	0.11	-0.29	0.04
EPS Growth	27.35%	-6.63%	295.66%	-	-	-51.52%
Free Cash Flow	1,234	1,054	744.12	301.74	389.85	293.6
Free Cash Flow Per Share	1.01	0.93	0.65	0.26	0.39	0.29
Gross Margin	54.02%	51.22%	52.06%	37.79%	42.52%	64.11%
Operating Margin	14.00%	14.29%	16.50%	8.90%	-15.87%	13.24%
Profit Margin	12.41%	9.43%	15.50%	4.65%	-12.13%	3.36%
Free Cash Flow Margin	20.57%	20.71%	22.50%	10.78%	16.52%	24.85%
EBITDA	886.91	779.23	592.5	291.38	-333.18	176.79
EBITDA Margin	14.78%	15.30%	17.91%	10.41%	-14.12%	14.96%
D&A For EBITDA	46.8	51.92	46.68	42.22	41.29	20.38
EBIT	840.11	727.31	545.82	249.16	-374.47	156.4
EBIT Margin	14.00%	14.29%	16.50%	8.90%	-15.87%	13.24%
Effective Tax Rate	-	-	1.57%	0.01%	-	12.16%
Advertising Expenses	-	1,199	616.69	-	498.58	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.