Chengdu B-ray Media Co.,Ltd. (SHA:600880)

Chengdu B-ray Media 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	618.79	539.53	572.52	459.07	662.6	481.88
Other Revenue	40.91	39.06	41.89	47.89	57.61	52.98
Revenue	659.7	578.6	614.41	506.96	720.22	534.86
Revenue Growth (YoY)	15.12%	-5.83%	21.20%	-29.61%	34.66%	25.61%
Cost of Revenue	420.05	324.49	332.77	255.73	450.24	296.5
Gross Profit	239.65	254.11	281.64	251.23	269.98	238.35
Selling, General & Admin	132.27	132.5	134.43	138.35	143.67	135.9
Research & Development	42.73	47.33	50.53	42.49	38.49	33.15
Other Operating Expenses	7.82	9.28	8.77	7.03	7.78	9.31
Operating Expenses	234.31	238.78	228.81	198.76	189.58	186.72
Operating Income	5.34	15.33	52.82	52.47	80.4	51.64
Interest Expense	-7.48	-6.62	-5.05	-4.62	-3.32	-3.19
Interest & Investment Income	11.09	9.9	12.76	8.49	32.4	34.31
Earnings From Equity Investments	3.59	3.59	6.03	13.95	-	-
Currency Exchange Gain (Loss)	0.37	0.37	0.35	1.4	-0.37	-1.06
Other Non Operating Income (Expenses)	-4.31	-4.05	-5.23	-5.94	-1.89	1.14
EBT Excluding Unusual Items	8.59	18.52	61.68	65.75	107.23	82.84
Gain (Loss) on Sale of Investments	17.91	15.54	-	-	11.32	29.4
Gain (Loss) on Sale of Assets	0.11	0.11	0.92	0.06	-0.07	0.55
Asset Writedown	-0.44	-0.44	-2.28	-1.56	-	-
Other Unusual Items	3.53	3.54	2.99	4.2	5.3	4.5
Pretax Income	29.71	37.26	63.32	68.45	123.78	117.29
Income Tax Expense	7.74	7.93	12.56	15.81	32.61	29.26
Earnings From Continuing Operations	21.96	29.33	50.76	52.64	91.17	88.02
Net Income to Company	21.96	29.33	50.76	52.64	91.17	88.02
Minority Interest in Earnings	-7.25	-10.51	-14.7	-12.41	-12.57	-3.32
Net Income	14.71	18.82	36.07	40.24	78.6	84.7
Net Income to Common	14.71	18.82	36.07	40.24	78.6	84.7
Net Income Growth	-60.21%	-47.83%	-10.36%	-48.81%	-7.20%	28.25%
Shares Outstanding (Basic)	838	941	1,202	1,006	1,123	1,059
Shares Outstanding (Diluted)	838	941	1,202	1,006	1,123	1,059
Shares Change (YoY)	-31.58%	-21.75%	19.52%	-10.42%	6.06%	-3.81%
EPS (Basic)	0.02	0.02	0.03	0.04	0.07	0.08
EPS (Diluted)	0.02	0.02	0.03	0.04	0.07	0.08
EPS Growth	-41.85%	-33.33%	-25.00%	-42.86%	-12.50%	33.33%
Free Cash Flow	-171.42	-45.59	-130.39	71.17	48.64	70.76
Free Cash Flow Per Share	-0.20	-0.05	-0.11	0.07	0.04	0.07
Dividend Per Share	0.010	0.010	0.010	0.012	0.025	0.030
Dividend Growth	-	-	-16.67%	-52.00%	-16.67%	50.00%
Gross Margin	36.33%	43.92%	45.84%	49.56%	37.49%	44.56%
Operating Margin	0.81%	2.65%	8.60%	10.35%	11.16%	9.65%
Profit Margin	2.23%	3.25%	5.87%	7.94%	10.91%	15.84%
Free Cash Flow Margin	-25.98%	-7.88%	-21.22%	14.04%	6.75%	13.23%
EBITDA	34.97	45.25	83.91	82.03	111.56	75.58
EBITDA Margin	5.30%	7.82%	13.66%	16.18%	15.49%	14.13%
D&A For EBITDA	29.63	29.92	31.09	29.55	31.17	23.94
EBIT	5.34	15.33	52.82	52.47	80.4	51.64
EBIT Margin	0.81%	2.65%	8.60%	10.35%	11.16%	9.65%
Effective Tax Rate	26.06%	21.29%	19.83%	23.10%	26.34%	24.95%
Revenue as Reported	659.7	578.6	614.41	506.96	720.22	534.86
Advertising Expenses	-	1.71	1.72	1.77	3.64	15.32

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