Shandong Publishing&Media Co.,Ltd (SHA: 601019)

Shandong Publishing&Media Co.,Ltd 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	13,072	12,154	10,951	10,537	9,534	9,443
Other Revenue	-204.98	-	263.61	353.5	215.85	324.41
Revenue	12,867	12,154	11,215	10,891	9,750	9,767
Revenue Growth (YoY)	13.32%	8.38%	2.98%	11.70%	-0.18%	4.45%
Cost of Revenue	8,106	7,644	7,039	6,951	6,375	6,353
Gross Profit	4,762	4,511	4,176	3,940	3,374	3,414
Selling, General & Admin	2,938	2,847	2,565	2,458	2,120	2,119
Research & Development	22.25	20.53	17.02	15.1	-	-
Other Operating Expenses	-13.01	6.39	49.67	32.88	40.4	15.29
Operating Expenses	2,794	2,874	2,737	2,565	2,236	2,163
Operating Income	1,967	1,637	1,439	1,375	1,138	1,251
Interest Expense	-	-	-8.16	-8.41	-3.84	-3.93
Interest & Investment Income	12.39	44.73	137.63	110.45	126.67	116.74
Currency Exchange Gain (Loss)	3.3	-	-11.52	-1.65	5.27	-2.25
Other Non Operating Income (Expenses)	52.86	141.91	-67.37	-51.54	-38.55	-21.91
EBT Excluding Unusual Items	2,036	1,823	1,489	1,423	1,228	1,339
Impairment of Goodwill	-	-	-	-7.21	-	-0.5
Gain (Loss) on Sale of Investments	-11.36	14.85	16.56	60.91	36.21	47.43
Gain (Loss) on Sale of Assets	342.75	336.05	105.12	-0.98	10.79	-1.99
Asset Writedown	-114.84	-76.64	-	-	-1.23	-
Other Unusual Items	-13.6	-	57.96	57.03	127.38	156.42
Pretax Income	2,239	2,098	1,669	1,533	1,401	1,541
Income Tax Expense	8.27	-274.21	2.98	8.28	4.68	-0.75
Earnings From Continuing Operations	2,231	2,372	1,666	1,525	1,396	1,541
Minority Interest in Earnings	3.9	4.05	14.39	7.82	5.37	2.64
Net Income	2,235	2,376	1,680	1,533	1,402	1,544
Net Income to Common	2,235	2,376	1,680	1,533	1,402	1,544
Net Income Growth	32.96%	41.38%	9.63%	9.36%	-9.23%	3.98%
Shares Outstanding (Basic)	2,089	2,084	2,075	2,100	2,092	2,087
Shares Outstanding (Diluted)	2,089	2,084	2,075	2,100	2,092	2,087
Shares Change (YoY)	0.65%	0.46%	-1.19%	0.37%	0.26%	-0.23%
EPS (Basic)	1.07	1.14	0.81	0.73	0.67	0.74
EPS (Diluted)	1.07	1.14	0.81	0.73	0.67	0.74
EPS Growth	32.10%	40.74%	10.96%	8.96%	-9.46%	4.23%
Free Cash Flow	1,414	1,900	1,714	1,608	1,310	1,035
Free Cash Flow Per Share	0.68	0.91	0.83	0.77	0.63	0.50
Dividend Per Share	-	-	0.390	0.350	0.320	0.320
Dividend Growth	-	-	11.43%	9.38%	0%	10.34%
Gross Margin	37.01%	37.11%	37.23%	36.18%	34.61%	34.95%
Operating Margin	15.29%	13.47%	12.83%	12.62%	11.67%	12.81%
Profit Margin	17.37%	19.55%	14.98%	14.07%	14.38%	15.81%
Free Cash Flow Margin	10.99%	15.64%	15.28%	14.77%	13.43%	10.60%
EBITDA	2,255	1,912	1,691	1,595	1,357	1,451
EBITDA Margin	17.52%	15.73%	15.08%	14.64%	13.92%	14.85%
D&A For EBITDA	287.14	275.6	252.24	219.9	218.83	199.89
EBIT	1,967	1,637	1,439	1,375	1,138	1,251
EBIT Margin	15.29%	13.47%	12.83%	12.62%	11.67%	12.80%
Effective Tax Rate	0.37%	-	0.18%	0.54%	0.33%	-
Revenue as Reported	-	-	11,215	10,891	9,750	9,767
Advertising Expenses	-	-	194.21	154.76	121.68	99.76

Source: S&P Capital IQ. Standard template. Financial Sources.