Zhejiang Sunriver Culture Tourism Co.,Ltd. (SHA:600576)

SHA:600576 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	928.09	852.62	706.54	456.24	433.27	231.57
Other Revenue	11.49	11.49	15.72	7.32	7.25	0.66
Revenue	939.59	864.12	722.26	463.56	440.52	232.23
Revenue Growth (YoY)	33.90%	19.64%	55.81%	5.23%	89.69%	-45.01%
Cost of Revenue	476.08	443.63	347.65	264.35	227.17	103.53
Gross Profit	463.51	420.49	374.61	199.21	213.35	128.7
Selling, General & Admin	189.47	175.74	141.92	112.25	88.78	54.95
Research & Development	14.19	14.58	16.64	8.64	4.24	2.02
Other Operating Expenses	3.08	8.28	5.52	3.83	-2.53	-2.48
Operating Expenses	207.33	200.52	190.15	170.7	98.22	74.02
Operating Income	256.18	219.97	184.46	28.51	115.12	54.67
Interest Expense	-32.76	-27.51	-22.61	-26.25	-32.98	-4.66
Interest & Investment Income	4.69	5.66	18.37	20.82	39.42	2.8
Currency Exchange Gain (Loss)	-0.04	-0.04	0.29	0.74	-0.23	-0.09
Other Non Operating Income (Expenses)	-1.53	-0.37	-0.13	-0.25	-11.94	-9.92
EBT Excluding Unusual Items	226.54	197.71	180.39	23.56	109.4	42.81
Impairment of Goodwill	-6.76	-6.76	-5.46	-15.46	-36.35	-5.13
Gain (Loss) on Sale of Investments	0.86	-0.21	0.54	0.27	0.12	-1.12
Gain (Loss) on Sale of Assets	-0.4	-0.42	0.68	0.25	-0.04	-0.02
Asset Writedown	-0.55	-0.49	-0.64	-	-1.5	-
Legal Settlements	-	-	-	-	-17.19	-5.42
Other Unusual Items	4.9	4.9	11.1	11.39	2.75	6.28
Pretax Income	224.6	194.74	186.61	20.01	57.17	37.39
Income Tax Expense	40.2	35.37	29.49	9.61	22.19	4.37
Earnings From Continuing Operations	184.4	159.37	157.12	10.4	34.98	33.02
Minority Interest in Earnings	-18.72	-12.82	-5.82	9.25	-1.16	-14.07
Net Income	165.69	146.55	151.3	19.64	33.82	18.95
Net Income to Common	165.69	146.55	151.3	19.64	33.82	18.95
Net Income Growth	22.48%	-3.14%	670.19%	-41.91%	78.46%	-
Shares Outstanding (Basic)	1,005	1,047	1,081	982	1,127	632
Shares Outstanding (Diluted)	1,005	1,047	1,081	982	1,127	632
Shares Change (YoY)	-12.44%	-3.14%	10.03%	-12.87%	78.46%	1.41%
EPS (Basic)	0.16	0.14	0.14	0.02	0.03	0.03
EPS (Diluted)	0.16	0.14	0.14	0.02	0.03	0.03
EPS Growth	39.89%	-	600.00%	-33.33%	-	-
Free Cash Flow	-173.57	-221.65	194.38	-55.35	904.94	221.2
Free Cash Flow Per Share	-0.17	-0.21	0.18	-0.06	0.80	0.35
Gross Margin	49.33%	48.66%	51.87%	42.97%	48.43%	55.42%
Operating Margin	27.27%	25.46%	25.54%	6.15%	26.13%	23.54%
Profit Margin	17.63%	16.96%	20.95%	4.24%	7.68%	8.16%
Free Cash Flow Margin	-18.47%	-25.65%	26.91%	-11.94%	205.43%	95.25%
EBITDA	368.23	325.97	266.26	88.82	166.1	66.37
EBITDA Margin	39.19%	37.72%	36.86%	19.16%	37.71%	28.58%
D&A For EBITDA	112.05	106	81.8	60.31	50.98	11.69
EBIT	256.18	219.97	184.46	28.51	115.12	54.67
EBIT Margin	27.27%	25.46%	25.54%	6.15%	26.13%	23.54%
Effective Tax Rate	17.90%	18.16%	15.80%	48.05%	38.82%	11.69%
Revenue as Reported	939.59	864.12	722.26	463.56	440.52	232.23

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.