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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,959	3,078	5,186	3,061	3,530	2,829
Other Revenue	-	-	-	3.28	8.36	13.23
Revenue	2,959	3,078	5,186	3,064	3,539	2,842
Revenue Growth (YoY)	-16.40%	-40.65%	69.27%	-13.42%	24.52%	47.99%
Cost of Revenue	1,140	976.79	2,002	843.86	1,079	885.2
Gross Profit	1,819	2,101	3,184	2,220	2,460	1,957
Selling, General & Admin	821.77	890.38	1,789	955.6	1,027	1,007
Research & Development	390.53	443.1	512.38	482.75	512.6	441.83
Other Operating Expenses	17.72	4.38	21.56	14.78	21.64	17.26
Operating Expenses	1,235	1,357	2,330	1,457	1,569	1,473
Operating Income	583.48	744.7	853.77	762.92	891.37	483.68
Interest Expense	-24.97	-24.97	-24.57	-30.43	-40.5	-4.82
Interest & Investment Income	200.3	249.88	87.99	89.31	90.02	136.23
Currency Exchange Gain (Loss)	1.89	1.89	7.29	-1.73	-5.33	0.51
Other Non Operating Income (Expenses)	5.89	-0.44	-0.5	-5.86	-5.91	-1.25
EBT Excluding Unusual Items	766.58	971.06	923.98	814.21	929.64	614.35
Impairment of Goodwill	-51.09	-51.09	-	-39.86	-	-5.26
Gain (Loss) on Sale of Investments	-192.28	-96.24	-300.67	-104.13	-150.17	122.89
Gain (Loss) on Sale of Assets	3.03	3.7	-6.69	23.39	0.03	-0.19
Asset Writedown	-21.9	-21.9	-0.22	-0.29	-0.46	-0.02
Other Unusual Items	32.71	33.38	60.61	35.29	43.15	20.72
Pretax Income	537.05	838.9	677.02	728.6	822.19	752.5
Income Tax Expense	99.24	148.08	119.16	97.3	112.98	71.63
Earnings From Continuing Operations	437.81	690.82	557.86	631.3	709.21	680.87
Net Income to Company	437.81	690.82	557.86	631.3	709.21	680.87
Minority Interest in Earnings	8.05	-27.88	-66.46	-114.67	-197.62	-180.69
Net Income	445.86	662.94	491.4	516.63	511.59	500.18
Net Income to Common	445.86	662.94	491.4	516.63	511.59	500.18
Net Income Growth	-45.84%	34.91%	-4.88%	0.98%	2.28%	4.58%
Shares Outstanding (Basic)	1,268	1,275	1,260	1,260	1,279	1,250
Shares Outstanding (Diluted)	1,268	1,275	1,260	1,260	1,279	1,250
Shares Change (YoY)	2.37%	1.18%	-0.01%	-1.48%	2.28%	-3.27%
EPS (Basic)	0.35	0.52	0.39	0.41	0.40	0.40
EPS (Diluted)	0.35	0.52	0.39	0.41	0.40	0.40
EPS Growth	-47.09%	33.33%	-4.88%	2.50%	-	8.11%
Free Cash Flow	-72.33	513.93	665.9	443.85	738.15	409.75
Free Cash Flow Per Share	-0.06	0.40	0.53	0.35	0.58	0.33
Dividend Per Share	0.220	0.130	0.080	0.080	0.080	0.080
Dividend Growth	175.00%	62.50%	-	-	-	-
Gross Margin	61.46%	68.27%	61.39%	72.46%	69.52%	68.85%
Operating Margin	19.72%	24.19%	16.46%	24.90%	25.19%	17.02%
Profit Margin	15.07%	21.54%	9.47%	16.86%	14.46%	17.60%
Free Cash Flow Margin	-2.44%	16.70%	12.84%	14.49%	20.86%	14.42%
EBITDA	836.56	987.16	1,082	953.28	1,069	633.84
EBITDA Margin	28.27%	32.07%	20.86%	31.11%	30.20%	22.30%
D&A For EBITDA	253.08	242.45	228.29	190.36	177.48	150.17
EBIT	583.48	744.7	853.77	762.92	891.37	483.68
EBIT Margin	19.72%	24.19%	16.46%	24.90%	25.19%	17.02%
Effective Tax Rate	18.48%	17.65%	17.60%	13.36%	13.74%	9.52%
Revenue as Reported	2,959	3,078	5,186	3,064	3,539	2,842
Advertising Expenses	-	238.9	1,201	331.75	387.02	374.6

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