Qingdao Citymedia Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,984	2,375	2,637	2,512	2,360
Other Revenue	-	57.44	54.72	42.1	54.81
Revenue	1,984	2,433	2,692	2,554	2,415
Revenue Growth (YoY)	-18.45%	-9.64%	5.38%	5.77%	12.05%
Cost of Revenue	1,549	1,796	1,897	1,767	1,641
Gross Profit	435.19	636.45	794.91	787.54	774.18
Selling, General & Admin	502.16	540.06	539.1	510.33	497.42
Research & Development	8.33	9.97	7.4	7.44	1.66
Other Operating Expenses	-25.52	1.21	-3.08	-1.91	0.64
Operating Expenses	484.97	579.9	566.48	531.15	506.38
Operating Income	-49.78	56.55	228.43	256.39	267.8
Interest Expense	-	-1.37	-1.81	-1.98	-13.96
Interest & Investment Income	1.83	12.74	13.87	12.67	14.9
Earnings From Equity Investments	-	-	-	-	-3.2
Other Non Operating Income (Expenses)	-24.94	-4.48	-4.38	-4.7	-4.08
EBT Excluding Unusual Items	-72.89	63.44	236.1	262.38	261.47
Gain (Loss) on Sale of Investments	-19.32	5.69	-0.98	28.43	0.47
Gain (Loss) on Sale of Assets	3.73	-0.04	104	0.02	-0.16
Asset Writedown	-308.95	0.28	-0.34	-	-
Other Unusual Items	-	78.06	12.19	45.36	18.85
Pretax Income	-397.43	147.44	350.98	336.2	280.63
Income Tax Expense	-0.23	61.21	-56.92	2.25	2.3
Earnings From Continuing Operations	-397.2	86.23	407.9	333.96	278.33
Minority Interest in Earnings	0.2	-1.38	-0.13	1.97	0.14
Net Income	-396.99	84.86	407.77	335.93	278.47
Net Income to Common	-396.99	84.86	407.77	335.93	278.47
Net Income Growth	-	-79.19%	21.39%	20.63%	13.91%
Shares Outstanding (Basic)	662	653	658	659	696
Shares Outstanding (Diluted)	662	653	658	659	696
Shares Change (YoY)	1.37%	-0.75%	-0.15%	-5.39%	-0.33%
EPS (Basic)	-0.60	0.13	0.62	0.51	0.40
EPS (Diluted)	-0.60	0.13	0.62	0.51	0.40
EPS Growth	-	-79.03%	21.57%	27.50%	14.29%
Free Cash Flow	73.96	110.16	337.64	321.68	390.03
Free Cash Flow Per Share	0.11	0.17	0.51	0.49	0.56
Dividend Per Share	-	0.070	0.270	0.200	0.168
Dividend Growth	-	-74.07%	35.00%	19.05%	12.00%
Gross Margin	21.94%	26.16%	29.53%	30.83%	32.05%
Operating Margin	-2.51%	2.33%	8.49%	10.04%	11.09%
Profit Margin	-20.01%	3.49%	15.15%	13.15%	11.53%
Free Cash Flow Margin	3.73%	4.53%	12.54%	12.59%	16.15%
EBITDA	29.71	132.16	306.35	335.89	348.97
EBITDA Margin	1.50%	5.43%	11.38%	13.15%	14.45%
D&A For EBITDA	79.49	75.61	77.92	79.5	81.17
EBIT	-49.78	56.55	228.43	256.39	267.8
EBIT Margin	-2.51%	2.33%	8.49%	10.04%	11.09%
Effective Tax Rate	-	41.52%	-	0.67%	0.82%
Revenue as Reported	-	2,433	2,692	2,554	2,415
Advertising Expenses	-	70.48	64.01	49.51	41.85

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