Northern United Publishing & Media (Group) Company Limited (SHA:601999)

SHA:601999 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,370	2,347	2,532	2,803	2,429
Other Revenue	56.54	65.17	79.55	65.69	113.17
Revenue	2,426	2,412	2,611	2,869	2,542
Revenue Growth (YoY)	0.60%	-7.64%	-8.98%	12.85%	-6.22%
Cost of Revenue	1,914	1,934	2,153	2,348	2,080
Gross Profit	512.6	478.16	458.3	520.58	461.62
Selling, General & Admin	405.28	439.65	453.56	462.2	465.22
Research & Development	12.53	14.8	14.88	16.38	7.74
Other Operating Expenses	4.88	5.07	2.85	2.26	2.1
Operating Expenses	446.28	469.35	479.86	486.52	490.58
Operating Income	66.32	8.82	-21.56	34.06	-28.96
Interest Expense	-8.1	-10.74	-13.62	-15.29	-
Interest & Investment Income	29.26	30.46	36.21	26.6	11.45
Currency Exchange Gain (Loss)	0	0.21	0.08	0.01	-0.06
Other Non Operating Income (Expenses)	-5.17	-20.41	-2.13	-2.57	-2.29
EBT Excluding Unusual Items	82.32	8.34	-1.03	42.81	-19.86
Gain (Loss) on Sale of Investments	-	-8.59	0	0	-5.35
Gain (Loss) on Sale of Assets	6.15	4.08	7.41	-0.05	126.15
Asset Writedown	-	-	-0.45	-	-
Legal Settlements	-	-	-	0	5.07
Other Unusual Items	36.19	70.37	67.94	64.74	48
Pretax Income	124.66	74.2	73.86	107.5	154.01
Income Tax Expense	25.38	-24.78	0.17	0.8	0.23
Earnings From Continuing Operations	99.28	98.97	73.7	106.7	153.78
Minority Interest in Earnings	2.89	13.14	1.67	2.07	-1.06
Net Income	102.18	112.12	75.36	108.77	152.71
Net Income to Common	102.18	112.12	75.36	108.77	152.71
Net Income Growth	-8.87%	48.77%	-30.71%	-28.78%	2.99%
Shares Outstanding (Basic)	538	561	538	544	545
Shares Outstanding (Diluted)	538	561	538	544	545
Shares Change (YoY)	-4.07%	4.14%	-1.01%	-0.29%	-0.69%
EPS (Basic)	0.19	0.20	0.14	0.20	0.28
EPS (Diluted)	0.19	0.20	0.14	0.20	0.28
EPS Growth	-5.00%	42.86%	-30.00%	-28.57%	3.70%
Free Cash Flow	113.26	221.74	109.84	99.18	74.15
Free Cash Flow Per Share	0.21	0.40	0.20	0.18	0.14
Dividend Per Share	0.060	0.062	0.042	0.060	0.085
Dividend Growth	-3.23%	47.62%	-30.00%	-29.41%	3.66%
Gross Margin	21.13%	19.83%	17.55%	18.15%	18.16%
Operating Margin	2.73%	0.37%	-0.83%	1.19%	-1.14%
Profit Margin	4.21%	4.65%	2.89%	3.79%	6.01%
Free Cash Flow Margin	4.67%	9.19%	4.21%	3.46%	2.92%
EBITDA	106.61	51.39	23.8	81.14	18.19
EBITDA Margin	4.39%	2.13%	0.91%	2.83%	0.72%
D&A For EBITDA	40.28	42.57	45.36	47.08	47.15
EBIT	66.32	8.82	-21.56	34.06	-28.96
EBIT Margin	2.73%	0.37%	-0.83%	1.19%	-1.14%
Effective Tax Rate	20.36%	-	0.22%	0.74%	0.15%
Revenue as Reported	2,426	2,412	2,611	2,869	2,542
Advertising Expenses	27.76	24.17	23.82	21.39	17.24

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.