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

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