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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	12,154	12,154	10,951	10,537	9,534	9,443
Other Revenue	-	-	263.61	353.5	215.85	324.41
Revenue	12,154	12,154	11,215	10,891	9,750	9,767
Revenue Growth (YoY)	8.23%	8.38%	2.98%	11.70%	-0.18%	4.45%
Cost of Revenue	7,644	7,644	7,039	6,951	6,375	6,353
Gross Profit	4,511	4,511	4,176	3,940	3,374	3,414
Selling, General & Admin	2,847	2,847	2,565	2,458	2,120	2,119
Research & Development	20.53	20.53	17.02	15.1	-	-
Other Operating Expenses	6.39	6.39	49.67	32.88	40.4	15.29
Operating Expenses	2,874	2,874	2,737	2,565	2,236	2,163
Operating Income	1,637	1,637	1,439	1,375	1,138	1,251
Interest Expense	-	-	-8.16	-8.41	-3.84	-3.93
Interest & Investment Income	44.73	44.73	137.63	110.45	126.67	116.74
Currency Exchange Gain (Loss)	-	-	-11.52	-1.65	5.27	-2.25
Other Non Operating Income (Expenses)	141.91	141.91	-67.37	-51.54	-38.55	-21.91
EBT Excluding Unusual Items	1,823	1,823	1,489	1,423	1,228	1,339
Impairment of Goodwill	-	-	-	-7.21	-	-0.5
Gain (Loss) on Sale of Investments	14.85	14.85	16.56	60.91	36.21	47.43
Gain (Loss) on Sale of Assets	336.05	336.05	105.12	-0.98	10.79	-1.99
Asset Writedown	-76.64	-76.64	-	-	-1.23	-
Other Unusual Items	-	-	57.96	57.03	127.38	156.42
Pretax Income	2,098	2,098	1,669	1,533	1,401	1,541
Income Tax Expense	-274.21	-274.21	2.98	8.28	4.68	-0.75
Earnings From Continuing Operations	2,372	2,372	1,666	1,525	1,396	1,541
Minority Interest in Earnings	4.05	4.05	14.39	7.82	5.37	2.64
Net Income	2,376	2,376	1,680	1,533	1,402	1,544
Net Income to Common	2,376	2,376	1,680	1,533	1,402	1,544
Net Income Growth	41.12%	41.38%	9.63%	9.36%	-9.23%	3.98%
Shares Outstanding (Basic)	2,084	2,084	2,075	2,100	2,092	2,087
Shares Outstanding (Diluted)	2,084	2,084	2,075	2,100	2,092	2,087
Shares Change (YoY)	0.27%	0.46%	-1.19%	0.37%	0.26%	-0.23%
EPS (Basic)	1.14	1.14	0.81	0.73	0.67	0.74
EPS (Diluted)	1.14	1.14	0.81	0.73	0.67	0.74
EPS Growth	40.74%	40.74%	10.96%	8.96%	-9.46%	4.23%
Free Cash Flow	1,900	1,900	1,714	1,608	1,310	1,035
Free Cash Flow Per Share	0.91	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	37.11%	37.11%	37.23%	36.18%	34.61%	34.95%
Operating Margin	13.47%	13.47%	12.83%	12.62%	11.67%	12.81%
Profit Margin	19.55%	19.55%	14.98%	14.07%	14.38%	15.81%
Free Cash Flow Margin	15.64%	15.64%	15.28%	14.77%	13.43%	10.60%
EBITDA	1,912	1,912	1,691	1,595	1,357	1,451
EBITDA Margin	15.73%	15.73%	15.08%	14.64%	13.92%	14.85%
D&A For EBITDA	275.6	275.6	252.24	219.9	218.83	199.89
EBIT	1,637	1,637	1,439	1,375	1,138	1,251
EBIT Margin	13.47%	13.47%	12.83%	12.62%	11.67%	12.80%
Effective Tax Rate	-	-	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.