ARTS Group Co., Ltd (SHA:603017)

ARTS Group 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	1,176	1,322	1,717	1,744	1,768	1,808
Other Revenue	12.64	12.64	12.68	15.8	25.66	27.81
Revenue	1,188	1,335	1,730	1,760	1,794	1,835
Revenue Growth (YoY)	-27.58%	-22.84%	-1.73%	-1.88%	-2.28%	-5.50%
Cost of Revenue	802.33	936.1	1,278	1,316	1,333	1,311
Gross Profit	386	398.43	451.79	444.11	460.77	524.67
Selling, General & Admin	112.38	121.13	136.89	144.92	153.31	150.39
Research & Development	80.21	81.48	93.77	96.34	90.39	88.32
Other Operating Expenses	10.21	11.87	14.08	12.7	-0.73	15.27
Operating Expenses	276.71	279.56	322.82	364.07	392.08	288.55
Operating Income	109.29	118.87	128.97	80.04	68.69	236.12
Interest Expense	-8.5	-9.48	-9.68	-9.49	-9.2	-2.84
Interest & Investment Income	27.57	25.48	45.58	32.72	18.15	14.62
Currency Exchange Gain (Loss)	-0	-0	0.55	-2.65	8.05	-2.1
Other Non Operating Income (Expenses)	-32.64	-22.85	-20.79	-11.18	-20.72	-2.48
EBT Excluding Unusual Items	95.72	112.02	144.64	89.43	64.97	243.33
Impairment of Goodwill	-60.57	-60.57	-17.4	-15.78	-423.33	-10.41
Gain (Loss) on Sale of Investments	8.18	5.88	-2.29	-10.79	6.4	13.59
Gain (Loss) on Sale of Assets	2.71	2.65	0.12	4.09	0.57	-0.95
Asset Writedown	-2.86	-	-	-1.34	-2.32	-
Other Unusual Items	10.67	10.67	9.12	56.46	-39.72	12.33
Pretax Income	53.84	70.64	134.2	122.07	-393.42	257.89
Income Tax Expense	13.44	15.66	23.45	33.37	21.74	32.76
Earnings From Continuing Operations	40.41	54.98	110.74	88.7	-415.17	225.14
Minority Interest in Earnings	-2.84	-3.66	-4.15	-1.79	-3.4	-6.07
Net Income	37.57	51.32	106.6	86.91	-418.56	219.07
Net Income to Common	37.57	51.32	106.6	86.91	-418.56	219.07
Net Income Growth	-60.89%	-51.86%	22.65%	-	-	9.81%
Shares Outstanding (Basic)	270	270	273	280	275	277
Shares Outstanding (Diluted)	270	270	273	280	275	277
Shares Change (YoY)	-0.79%	-1.18%	-2.51%	1.81%	-0.70%	0.80%
EPS (Basic)	0.14	0.19	0.39	0.31	-1.52	0.79
EPS (Diluted)	0.14	0.19	0.39	0.31	-1.52	0.79
EPS Growth	-60.58%	-51.28%	25.81%	-	-	8.94%
Free Cash Flow	148.45	148.45	146.48	209.2	293.12	108.47
Free Cash Flow Per Share	0.55	0.55	0.54	0.75	1.06	0.39
Dividend Per Share	0.100	0.100	0.300	0.500	-	0.625
Dividend Growth	-	-66.67%	-40.00%	-	-	43.68%
Gross Margin	32.48%	29.86%	26.12%	25.23%	25.69%	28.59%
Operating Margin	9.20%	8.91%	7.46%	4.55%	3.83%	12.86%
Profit Margin	3.16%	3.84%	6.16%	4.94%	-23.34%	11.94%
Free Cash Flow Margin	12.49%	11.12%	8.47%	11.89%	16.34%	5.91%
EBITDA	138.44	148.31	164.51	116.92	108.32	273.91
EBITDA Margin	11.65%	11.11%	9.51%	6.64%	6.04%	14.92%
D&A For EBITDA	29.15	29.44	35.53	36.88	39.62	37.79
EBIT	109.29	118.87	128.97	80.04	68.69	236.12
EBIT Margin	9.20%	8.91%	7.46%	4.55%	3.83%	12.86%
Effective Tax Rate	24.96%	22.17%	17.48%	27.33%	-	12.70%
Revenue as Reported	1,188	1,335	1,730	1,760	1,794	1,835
Advertising Expenses	-	0.23	0.47	0.37	1.08	0.97

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