Time Publishing and Media Co., Ltd. (SHA:600551)

Time Publishing and 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	7,483	8,267	8,573	7,583	7,822	6,383
Other Revenue	64.08	64.08	70.04	63.41	71.94	68.53
Revenue	7,547	8,331	8,643	7,646	7,894	6,452
Revenue Growth (YoY)	-13.27%	-3.61%	13.04%	-3.14%	22.35%	-0.61%
Cost of Revenue	6,809	7,528	7,828	6,802	7,090	5,745
Gross Profit	737.43	802.26	814.44	844.57	803.65	706.3
Selling, General & Admin	448.26	457.77	472.92	486.75	474.77	428.2
Research & Development	35.27	35.09	36.32	33.22	32.51	37.46
Other Operating Expenses	-23.76	-26.08	-12.66	32.97	22.24	2.46
Operating Expenses	513.16	495.74	467.96	620.1	647.41	563.16
Operating Income	224.27	306.51	346.48	224.48	156.24	143.14
Interest Expense	-6.19	-10.18	-11.68	-5.48	-5.35	-7.65
Interest & Investment Income	195.86	199.24	84.74	89.41	261.81	75.74
Currency Exchange Gain (Loss)	0.22	0.22	5.17	-1	3.52	7.93
Other Non Operating Income (Expenses)	3.91	2.19	0.77	22.44	-13.27	-5.72
EBT Excluding Unusual Items	418.06	497.98	425.47	329.84	402.94	213.44
Gain (Loss) on Sale of Investments	-9.53	-29.24	25.72	-31.27	-60.1	16.42
Gain (Loss) on Sale of Assets	71.02	57.21	8.1	1.19	0.27	3.68
Asset Writedown	2.41	-	-2.92	-	-	-0.03
Other Unusual Items	-7.89	-7.89	7.25	50.02	22.65	44.06
Pretax Income	474.06	518.05	463.63	349.78	365.77	277.57
Income Tax Expense	51.48	112.99	-87.52	0.89	4.6	9.13
Earnings From Continuing Operations	422.59	405.06	551.15	348.89	361.17	268.43
Minority Interest in Earnings	-7.22	-5.52	3.93	-4.57	-1.89	0.06
Net Income	415.36	399.54	555.09	344.32	359.28	268.5
Net Income to Common	415.36	399.54	555.09	344.32	359.28	268.5
Net Income Growth	-25.06%	-28.02%	61.21%	-4.16%	33.81%	15.26%
Shares Outstanding (Basic)	678	678	678	678	678	678
Shares Outstanding (Diluted)	678	678	678	678	678	678
Shares Change (YoY)	-0.02%	0.00%	0.00%	0.01%	-0.00%	-0.69%
EPS (Basic)	0.61	0.59	0.82	0.51	0.53	0.40
EPS (Diluted)	0.61	0.59	0.82	0.51	0.53	0.40
EPS Growth	-25.05%	-28.02%	61.20%	-4.17%	33.81%	16.06%
Free Cash Flow	189.57	655.81	275.24	593.57	275.59	430.31
Free Cash Flow Per Share	0.28	0.97	0.41	0.88	0.41	0.64
Dividend Per Share	0.400	0.400	0.357	0.179	0.206	0.119
Dividend Growth	-12.49%	12.01%	99.94%	-13.47%	73.01%	-
Gross Margin	9.77%	9.63%	9.42%	11.05%	10.18%	10.95%
Operating Margin	2.97%	3.68%	4.01%	2.94%	1.98%	2.22%
Profit Margin	5.50%	4.80%	6.42%	4.50%	4.55%	4.16%
Free Cash Flow Margin	2.51%	7.87%	3.19%	7.76%	3.49%	6.67%
EBITDA	297.27	375.63	410.43	294.5	231.34	217.36
EBITDA Margin	3.94%	4.51%	4.75%	3.85%	2.93%	3.37%
D&A For EBITDA	73.01	69.12	63.94	70.03	75.11	74.22
EBIT	224.27	306.51	346.48	224.48	156.24	143.14
EBIT Margin	2.97%	3.68%	4.01%	2.94%	1.98%	2.22%
Effective Tax Rate	10.86%	21.81%	-	0.25%	1.26%	3.29%
Revenue as Reported	7,547	8,331	8,643	7,646	7,894	6,452
Advertising Expenses	-	16.99	14.89	22.45	16.56	17.69

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