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

SHA:600576 Income Statement

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

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

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