Beijing Bashi Media Co., Ltd. (SHA:600386)

Beijing Bashi Media 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,988	4,202	4,627	3,457	4,200	4,408
Other Revenue	316	316	205.81	95.51	108.23	117.12
Revenue	4,304	4,518	4,833	3,553	4,309	4,525
Revenue Growth (YoY)	-3.17%	-6.51%	36.04%	-17.55%	-4.78%	-13.45%
Cost of Revenue	3,726	3,810	4,106	2,832	3,442	3,798
Gross Profit	577.79	708.17	726.77	720.83	866.7	726.72
Selling, General & Admin	455.35	496.06	531.29	467.01	470.48	462.12
Research & Development	25.67	27.54	25.54	21.03	20.71	14.06
Other Operating Expenses	13.2	13.3	7.75	14.16	20.47	19.02
Operating Expenses	491.45	561.52	586.05	500.59	517.92	497.9
Operating Income	86.35	146.65	140.72	220.23	348.79	228.83
Interest Expense	-37.83	-47.84	-41.99	-32.66	-34.12	-30
Interest & Investment Income	3.63	7.08	10.61	14.15	7.83	7.22
Other Non Operating Income (Expenses)	22.13	-14.31	-28.97	-47.84	-54.68	-72.97
EBT Excluding Unusual Items	74.27	91.59	80.37	153.88	267.82	133.08
Gain (Loss) on Sale of Investments	-28.74	-16.14	-2.19	-	-3.07	-11.69
Gain (Loss) on Sale of Assets	-7.71	-1.05	7.01	3.34	4.19	-1.02
Asset Writedown	1.25	-3.37	-13.81	-	-	-0.05
Other Unusual Items	9.86	9.86	5.57	5.38	-8.14	3.08
Pretax Income	48.94	80.88	76.95	162.6	260.8	123.41
Income Tax Expense	48.48	41.28	38.86	44.62	71.47	51.22
Earnings From Continuing Operations	0.46	39.59	38.1	117.98	189.33	72.19
Minority Interest in Earnings	0.36	-18.88	-21.12	-32	-56.58	-4.01
Net Income	0.82	20.71	16.98	85.98	132.74	68.18
Net Income to Common	0.82	20.71	16.98	85.98	132.74	68.18
Net Income Growth	-97.25%	22.01%	-80.26%	-35.23%	94.69%	-21.77%
Shares Outstanding (Basic)	450	690	849	782	781	758
Shares Outstanding (Diluted)	450	690	849	782	781	758
Shares Change (YoY)	-55.84%	-18.66%	8.58%	0.11%	3.07%	-4.39%
EPS (Basic)	0.00	0.03	0.02	0.11	0.17	0.09
EPS (Diluted)	0.00	0.03	0.02	0.11	0.17	0.09
EPS Growth	-93.77%	50.00%	-81.82%	-35.29%	88.89%	-18.18%
Free Cash Flow	399.31	176.22	158.39	333.38	333.66	259.64
Free Cash Flow Per Share	0.89	0.26	0.19	0.43	0.43	0.34
Dividend Per Share	0.010	0.010	0.020	0.080	0.080	0.080
Dividend Growth	-50.00%	-50.00%	-75.00%	-	-	100.00%
Gross Margin	13.43%	15.67%	15.04%	20.29%	20.11%	16.06%
Operating Margin	2.01%	3.25%	2.91%	6.20%	8.09%	5.06%
Profit Margin	0.02%	0.46%	0.35%	2.42%	3.08%	1.51%
Free Cash Flow Margin	9.28%	3.90%	3.28%	9.38%	7.74%	5.74%
EBITDA	408.9	461.74	445.86	428.15	571.06	426.51
EBITDA Margin	9.50%	10.22%	9.23%	12.05%	13.25%	9.43%
D&A For EBITDA	322.55	315.09	305.15	207.92	222.28	197.68
EBIT	86.35	146.65	140.72	220.23	348.79	228.83
EBIT Margin	2.01%	3.25%	2.91%	6.20%	8.09%	5.06%
Effective Tax Rate	99.06%	51.04%	50.49%	27.44%	27.41%	41.50%
Revenue as Reported	4,304	4,518	4,833	3,553	4,309	4,525
Advertising Expenses	-	26.44	29.07	19.63	23.5	23.51

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