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

SHA:601019 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10,224	11,147	11,611	10,951	10,537	9,534
Other Revenue	561.37	572.63	543.35	263.61	353.5	215.85
Revenue	10,785	11,719	12,154	11,215	10,891	9,750
Revenue Growth (YoY)	-16.22%	-3.58%	8.38%	2.98%	11.70%	-0.18%
Cost of Revenue	6,913	7,436	7,761	7,039	6,951	6,375
Gross Profit	3,872	4,283	4,393	4,176	3,940	3,374
Selling, General & Admin	2,721	2,818	2,800	2,565	2,458	2,120
Research & Development	24.54	24.39	20.53	17.02	15.1	-
Other Operating Expenses	64.12	51.04	57.43	49.67	32.88	40.4
Operating Expenses	2,951	2,997	2,941	2,737	2,565	2,236
Operating Income	920.49	1,286	1,452	1,439	1,375	1,138
Interest Expense	-8.35	-9.17	-8.57	-8.16	-8.41	-3.84
Interest & Investment Income	203.74	224.52	211.44	137.63	110.45	126.67
Currency Exchange Gain (Loss)	1.65	-3.29	-0.17	-11.52	-1.65	5.27
Other Non Operating Income (Expenses)	-38.88	-34.51	-30.6	-67.37	-51.54	-38.55
EBT Excluding Unusual Items	1,079	1,464	1,625	1,489	1,423	1,228
Impairment of Goodwill	-	-	-	-	-7.21	-
Gain (Loss) on Sale of Investments	14.66	14.81	14.85	16.56	60.91	36.21
Gain (Loss) on Sale of Assets	0.85	11.17	335.71	105.12	-0.98	10.79
Asset Writedown	-	-	-5.76	-	-	-1.23
Other Unusual Items	84.51	52.79	128.19	57.96	57.03	127.38
Pretax Income	1,179	1,543	2,098	1,669	1,533	1,401
Income Tax Expense	-2.54	275.76	-274.21	2.98	8.28	4.68
Earnings From Continuing Operations	1,181	1,267	2,372	1,666	1,525	1,396
Minority Interest in Earnings	4.32	2.99	4.05	14.39	7.82	5.37
Net Income	1,186	1,270	2,376	1,680	1,533	1,402
Net Income to Common	1,186	1,270	2,376	1,680	1,533	1,402
Net Income Growth	-46.98%	-46.54%	41.38%	9.63%	9.36%	-9.23%
Shares Outstanding (Basic)	2,081	2,082	2,084	2,075	2,100	2,092
Shares Outstanding (Diluted)	2,081	2,082	2,084	2,075	2,100	2,092
Shares Change (YoY)	-0.53%	-0.10%	0.46%	-1.19%	0.37%	0.26%
EPS (Basic)	0.57	0.61	1.14	0.81	0.73	0.67
EPS (Diluted)	0.57	0.61	1.14	0.81	0.73	0.67
EPS Growth	-46.70%	-46.49%	40.74%	10.96%	8.96%	-9.46%
Free Cash Flow	991.19	564.72	1,900	1,714	1,608	1,310
Free Cash Flow Per Share	0.48	0.27	0.91	0.83	0.77	0.63
Dividend Per Share	0.370	0.310	0.560	0.390	0.350	0.320
Dividend Growth	-33.93%	-44.64%	43.59%	11.43%	9.38%	-
Gross Margin	35.90%	36.55%	36.14%	37.23%	36.18%	34.61%
Operating Margin	8.54%	10.98%	11.95%	12.83%	12.62%	11.67%
Profit Margin	10.99%	10.84%	19.55%	14.98%	14.07%	14.38%
Free Cash Flow Margin	9.19%	4.82%	15.64%	15.28%	14.77%	13.43%
EBITDA	1,206	1,574	1,728	1,691	1,595	1,357
EBITDA Margin	11.19%	13.43%	14.22%	15.08%	14.64%	13.92%
D&A For EBITDA	285.89	287.56	275.6	252.24	219.9	218.83
EBIT	920.49	1,286	1,452	1,439	1,375	1,138
EBIT Margin	8.54%	10.98%	11.95%	12.83%	12.62%	11.67%
Effective Tax Rate	-	17.87%	-	0.18%	0.54%	0.33%
Revenue as Reported	10,785	11,719	12,154	11,215	10,891	9,750
Advertising Expenses	-	270.54	246.93	194.21	154.76	121.68

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