Zhejiang Daily Digital Culture Group Co.,Ltd (SHA:600633)

SHA:600633 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	3,124	3,096	3,066	5,186	3,061	3,530
Other Revenue	1.02	1.02	12.38	-	3.28	8.36
Revenue	3,125	3,097	3,078	5,186	3,064	3,539
Revenue Growth (YoY)	10.32%	0.61%	-40.65%	69.27%	-13.42%	24.52%
Cost of Revenue	1,350	1,297	976.79	2,002	843.86	1,079
Gross Profit	1,775	1,800	2,101	3,184	2,220	2,460
Selling, General & Admin	822.8	866.87	890.38	1,789	955.6	1,027
Research & Development	340.78	330.53	443.1	512.38	482.75	512.6
Other Operating Expenses	8.89	14.46	4.38	21.56	14.78	21.64
Operating Expenses	1,181	1,216	1,357	2,330	1,457	1,569
Operating Income	593.81	583.14	744.7	853.77	762.92	891.37
Interest Expense	-10.45	-11.05	-24.97	-24.57	-30.43	-40.5
Interest & Investment Income	42.49	72.12	249.88	87.99	89.31	90.02
Currency Exchange Gain (Loss)	3.58	3.58	1.89	7.29	-1.73	-5.33
Other Non Operating Income (Expenses)	-1.3	-1.41	-0.44	-0.5	-5.86	-5.91
EBT Excluding Unusual Items	628.13	646.37	971.06	923.98	814.21	929.64
Impairment of Goodwill	-91.53	-91.53	-51.09	-	-39.86	-
Gain (Loss) on Sale of Investments	25.48	-19.31	-96.24	-300.67	-104.13	-150.17
Gain (Loss) on Sale of Assets	1.27	1.24	3.7	-6.69	23.39	0.03
Asset Writedown	-0.1	-0.1	-21.9	-0.22	-0.29	-0.46
Other Unusual Items	41.46	41.25	33.38	60.61	35.29	43.15
Pretax Income	604.72	577.92	838.9	677.02	728.6	822.19
Income Tax Expense	18.03	36.29	148.08	119.16	97.3	112.98
Earnings From Continuing Operations	586.68	541.63	690.82	557.86	631.3	709.21
Net Income to Company	586.68	541.63	690.82	557.86	631.3	709.21
Minority Interest in Earnings	-30.64	-30.1	-27.88	-66.46	-114.67	-197.62
Net Income	556.05	511.53	662.94	491.4	516.63	511.59
Net Income to Common	556.05	511.53	662.94	491.4	516.63	511.59
Net Income Growth	13.19%	-22.84%	34.91%	-4.88%	0.98%	2.28%
Shares Outstanding (Basic)	1,295	1,279	1,275	1,260	1,260	1,279
Shares Outstanding (Diluted)	1,295	1,279	1,275	1,260	1,260	1,279
Shares Change (YoY)	2.61%	0.31%	1.18%	-0.01%	-1.48%	2.28%
EPS (Basic)	0.43	0.40	0.52	0.39	0.41	0.40
EPS (Diluted)	0.43	0.40	0.52	0.39	0.41	0.40
EPS Growth	10.31%	-23.08%	33.33%	-4.88%	2.50%	-
Free Cash Flow	351.59	40.33	513.93	665.9	443.85	738.15
Free Cash Flow Per Share	0.27	0.03	0.40	0.53	0.35	0.58
Dividend Per Share	0.250	0.250	0.130	0.080	0.080	0.080
Dividend Growth	92.31%	92.31%	62.50%	-	-	-
Gross Margin	56.79%	58.11%	68.27%	61.39%	72.46%	69.52%
Operating Margin	19.00%	18.83%	24.19%	16.46%	24.90%	25.19%
Profit Margin	17.79%	16.52%	21.54%	9.47%	16.86%	14.46%
Free Cash Flow Margin	11.25%	1.30%	16.70%	12.84%	14.49%	20.86%
EBITDA	838.15	827.69	990.14	1,082	953.28	1,069
EBITDA Margin	26.82%	26.73%	32.17%	20.86%	31.11%	30.20%
D&A For EBITDA	244.33	244.55	245.43	228.29	190.36	177.48
EBIT	593.81	583.14	744.7	853.77	762.92	891.37
EBIT Margin	19.00%	18.83%	24.19%	16.46%	24.90%	25.19%
Effective Tax Rate	2.98%	6.28%	17.65%	17.60%	13.36%	13.74%
Revenue as Reported	3,125	3,097	3,078	5,186	3,064	3,539
Advertising Expenses	-	272.7	238.9	1,201	331.75	387.02

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