Southern Publishing and Media Co.,Ltd. (SHA:601900)

SHA:601900 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	8,868	8,920	9,127	8,879	8,230	6,638
Other Revenue	251.27	251.88	238.21	182.82	266.27	258.44
Revenue	9,119	9,172	9,365	9,061	8,496	6,897
Revenue Growth (YoY)	-2.28%	-2.07%	3.35%	6.65%	23.19%	5.69%
Cost of Revenue	6,070	6,125	6,397	6,229	5,833	4,912
Gross Profit	3,049	3,046	2,968	2,833	2,663	1,985
Selling, General & Admin	1,865	1,921	1,945	1,741	1,717	1,330
Research & Development	24.79	8.88	8.98	7.49	7.87	-
Other Operating Expenses	27.48	7.5	-7.5	-85.37	-51.32	-6.82
Operating Expenses	1,949	1,968	1,969	1,684	1,740	1,341
Operating Income	1,100	1,079	999.23	1,149	923.27	643.37
Interest Expense	-10.72	-14.59	-13.14	-20.77	-18.83	-14.82
Interest & Investment Income	88.91	101.02	127.04	121.61	88.52	74.34
Currency Exchange Gain (Loss)	-1.77	-2.43	-0.55	-4.2	0.44	0.12
Other Non Operating Income (Expenses)	-12.78	-11.88	-3.54	-4.36	-4.47	-3.06
EBT Excluding Unusual Items	1,164	1,151	1,109	1,241	988.92	699.95
Gain (Loss) on Sale of Investments	-38.29	-88.4	143.49	-112.57	132.35	-4.16
Gain (Loss) on Sale of Assets	1.16	1.05	3.56	3.64	0.32	-0.41
Asset Writedown	-0.2	-0.2	-	-	-	-
Other Unusual Items	66.86	52.79	95.57	-6.44	-7.73	81.08
Pretax Income	1,193	1,116	1,352	1,126	1,114	776.46
Income Tax Expense	85.03	176.23	-89.28	51.95	76.61	6.97
Earnings From Continuing Operations	1,108	939.98	1,441	1,074	1,037	769.49
Minority Interest in Earnings	-146.64	-130.18	-157.32	-118.65	-68.17	-9.05
Net Income	961.59	809.81	1,284	955.15	969.08	760.44
Net Income to Common	961.59	809.81	1,284	955.15	969.08	760.44
Net Income Growth	-17.93%	-36.91%	34.39%	-1.44%	27.44%	3.73%
Shares Outstanding (Basic)	882	880	879	884	897	895
Shares Outstanding (Diluted)	882	880	879	884	897	895
Shares Change (YoY)	0.07%	0.12%	-0.59%	-1.44%	0.30%	0.07%
EPS (Basic)	1.09	0.92	1.46	1.08	1.08	0.85
EPS (Diluted)	1.09	0.92	1.46	1.08	1.08	0.85
EPS Growth	-17.98%	-36.99%	35.19%	-	27.06%	3.66%
Free Cash Flow	541.86	633.96	1,010	2,205	875.4	447
Free Cash Flow Per Share	0.61	0.72	1.15	2.49	0.98	0.50
Dividend Per Share	0.550	0.550	0.540	0.470	0.330	0.310
Dividend Growth	1.85%	1.85%	14.89%	42.42%	6.45%	24.00%
Gross Margin	33.43%	33.22%	31.70%	31.26%	31.35%	28.78%
Operating Margin	12.06%	11.76%	10.67%	12.68%	10.87%	9.33%
Profit Margin	10.54%	8.83%	13.71%	10.54%	11.41%	11.03%
Free Cash Flow Margin	5.94%	6.91%	10.78%	24.33%	10.30%	6.48%
EBITDA	1,230	1,214	1,149	1,278	1,051	761.04
EBITDA Margin	13.49%	13.24%	12.26%	14.11%	12.38%	11.03%
D&A For EBITDA	130.12	135.43	149.37	129.3	128.17	117.67
EBIT	1,100	1,079	999.23	1,149	923.27	643.37
EBIT Margin	12.06%	11.76%	10.67%	12.68%	10.87%	9.33%
Effective Tax Rate	7.13%	15.79%	-	4.61%	6.88%	0.90%
Revenue as Reported	9,119	9,172	9,365	9,061	8,496	6,897
Advertising Expenses	-	233.92	265.13	218.06	216.77	199.12

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.