Jiangsu Phoenix Publishing & Media Corporation Limited (SHA:601928)

SHA:601928 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	12,863	12,981	13,136	13,146	11,962	11,537
Other Revenue	624.62	624.62	509.4	449.37	554.72	597.9
Revenue	13,488	13,606	13,645	13,596	12,517	12,135
Revenue Growth (YoY)	-1.92%	-0.29%	0.36%	8.62%	3.15%	-3.58%
Cost of Revenue	8,261	8,439	8,734	8,661	8,171	8,061
Gross Profit	5,227	5,167	4,911	4,935	4,346	4,074
Selling, General & Admin	3,446	3,456	3,323	3,273	3,087	2,817
Research & Development	43.69	42.19	45.28	57.68	34.02	47.05
Other Operating Expenses	45.86	55.15	10.7	12.84	58.47	72.07
Operating Expenses	3,545	3,527	3,334	3,389	3,197	2,967
Operating Income	1,683	1,640	1,577	1,546	1,149	1,107
Interest Expense	-13.82	-16.33	-24.17	-34.18	-28.09	-0.08
Interest & Investment Income	511.8	511.06	588.74	571.89	909.5	392.79
Currency Exchange Gain (Loss)	-9.96	-9.96	7.26	-1.04	-1.39	4.17
Other Non Operating Income (Expenses)	-11.59	-11.81	-5.13	-51.91	-56.55	-45.15
EBT Excluding Unusual Items	2,159	2,113	2,144	2,031	1,973	1,458
Impairment of Goodwill	-19.14	-19.14	-9.45	-9.48	-12.29	-20.86
Gain (Loss) on Sale of Investments	3.25	3.27	-10.69	-4.89	7.57	-1.46
Gain (Loss) on Sale of Assets	76.51	76.91	33.22	9.05	412.34	20.91
Asset Writedown	-12.78	0.94	-	-	-0.26	-
Legal Settlements	-	-	-	-	-	29.97
Other Unusual Items	91.35	91.35	170.63	102.39	127.74	132.52
Pretax Income	2,298	2,266	2,328	2,128	2,508	1,619
Income Tax Expense	546.31	669.85	-633.07	20.6	25.63	5.89
Earnings From Continuing Operations	1,752	1,596	2,961	2,107	2,482	1,613
Net Income to Company	1,752	1,596	2,961	2,107	2,482	1,613
Minority Interest in Earnings	-3.72	1.2	-8.88	-25.51	-25.48	-17.95
Net Income	1,748	1,598	2,952	2,082	2,457	1,596
Net Income to Common	1,748	1,598	2,952	2,082	2,457	1,596
Net Income Growth	-38.12%	-45.88%	41.80%	-15.26%	53.98%	18.75%
Shares Outstanding (Basic)	2,536	2,536	2,545	2,545	2,545	2,545
Shares Outstanding (Diluted)	2,536	2,536	2,545	2,545	2,545	2,545
Shares Change (YoY)	-0.37%	-0.36%	-0.01%	0.01%	-0.01%	0.01%
EPS (Basic)	0.69	0.63	1.16	0.82	0.97	0.63
EPS (Diluted)	0.69	0.63	1.16	0.82	0.97	0.63
EPS Growth	-37.89%	-45.69%	41.81%	-15.27%	54.00%	18.73%
Free Cash Flow	1,711	1,594	2,136	1,899	2,297	2,680
Free Cash Flow Per Share	0.68	0.63	0.84	0.75	0.90	1.05
Dividend Per Share	0.500	0.500	0.500	0.500	0.500	0.400
Dividend Growth	-	-	-	-	25.00%	33.33%
Gross Margin	38.76%	37.97%	35.99%	36.30%	34.72%	33.57%
Operating Margin	12.47%	12.05%	11.56%	11.37%	9.18%	9.12%
Profit Margin	12.96%	11.74%	21.63%	15.31%	19.63%	13.15%
Free Cash Flow Margin	12.69%	11.71%	15.65%	13.97%	18.35%	22.09%
EBITDA	2,038	2,016	2,037	1,964	1,521	1,387
EBITDA Margin	15.11%	14.82%	14.93%	14.45%	12.15%	11.43%
D&A For EBITDA	355.09	376.01	459.69	417.9	371.66	280.49
EBIT	1,683	1,640	1,577	1,546	1,149	1,107
EBIT Margin	12.47%	12.05%	11.56%	11.37%	9.18%	9.12%
Effective Tax Rate	23.77%	29.56%	-	0.97%	1.02%	0.36%
Revenue as Reported	13,488	13,606	13,645	13,596	12,517	12,135
Advertising Expenses	-	254.72	205.13	197.08	205.75	150.47

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.