Thinkingdom Media Group Ltd. (SHA:603096)

Thinkingdom Media 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	674.45	812.89	894.52	932.63	919.92	874.64
Other Revenue	7.64	7.64	6.12	4.9	1.72	1.29
Revenue	682.09	820.53	900.64	937.54	921.64	875.93
Revenue Growth (YoY)	-25.37%	-8.89%	-3.94%	1.73%	5.22%	-5.34%
Cost of Revenue	363.37	442.58	471.9	481.94	520.54	465.57
Gross Profit	318.72	377.95	428.74	455.6	401.1	410.36
Selling, General & Admin	225.74	233.66	238.83	248.36	223.7	174.21
Research & Development	5.17	7.14	10.12	11.58	9.38	3.41
Other Operating Expenses	5.71	3.02	2.58	2.08	0.72	1.21
Operating Expenses	236.5	242.89	248.94	265.66	234.86	179.41
Operating Income	82.22	135.06	179.8	189.93	166.24	230.95
Interest Expense	-0.24	-0.65	-1.15	-1.85	-1.14	-0
Interest & Investment Income	15.96	19.92	24.18	16.56	27.01	34.01
Currency Exchange Gain (Loss)	-0.46	-1.07	1.07	-0.73	0.23	0.25
Other Non Operating Income (Expenses)	-0.5	-0.25	-0.61	-0.5	-0.57	-0.43
EBT Excluding Unusual Items	96.99	153.01	203.28	203.41	191.77	264.77
Impairment of Goodwill	-	-	-	-	-10.32	-7.16
Gain (Loss) on Sale of Investments	9.01	8.02	6.52	-4.66	2.58	4.64
Gain (Loss) on Sale of Assets	0.74	0.88	2.51	0.03	-0	-0
Asset Writedown	-0.03	-0.03	-0	-0.13	-0.01	-0
Other Unusual Items	5.66	4.11	-1.07	1.49	8.28	31.6
Pretax Income	112.37	165.98	211.24	200.15	192.29	293.85
Income Tax Expense	28.46	37.05	48.76	59.87	57.34	71.2
Earnings From Continuing Operations	83.91	128.93	162.48	140.28	134.95	222.65
Minority Interest in Earnings	-1.45	-2.32	-2.48	-2.91	-4.3	-2.96
Net Income	82.46	126.61	160	137.36	130.65	219.69
Net Income to Common	82.46	126.61	160	137.36	130.65	219.69
Net Income Growth	-49.52%	-20.87%	16.48%	5.14%	-40.53%	-8.57%
Shares Outstanding (Basic)	158	162	163	163	163	163
Shares Outstanding (Diluted)	158	162	163	163	163	164
Shares Change (YoY)	-2.96%	-0.42%	0.00%	-0.49%	-0.39%	0.64%
EPS (Basic)	0.52	0.78	0.98	0.85	0.80	1.35
EPS (Diluted)	0.52	0.78	0.98	0.85	0.80	1.34
EPS Growth	-47.98%	-20.54%	16.48%	5.66%	-40.30%	-9.15%
Free Cash Flow	-76.23	34.49	169.33	148.5	101.95	135.52
Free Cash Flow Per Share	-0.48	0.21	1.04	0.91	0.62	0.83
Dividend Per Share	0.800	0.800	0.900	0.800	0.600	0.625
Dividend Growth	-11.11%	-11.11%	12.50%	33.33%	-4.00%	-
Gross Margin	46.73%	46.06%	47.60%	48.59%	43.52%	46.85%
Operating Margin	12.05%	16.46%	19.96%	20.26%	18.04%	26.37%
Profit Margin	12.09%	15.43%	17.77%	14.65%	14.18%	25.08%
Free Cash Flow Margin	-11.18%	4.20%	18.80%	15.84%	11.06%	15.47%
EBITDA	91.65	145.73	191.66	199.06	169.63	233.26
EBITDA Margin	13.44%	17.76%	21.28%	21.23%	18.40%	26.63%
D&A For EBITDA	9.43	10.68	11.86	9.12	3.39	2.31
EBIT	82.22	135.06	179.8	189.93	166.24	230.95
EBIT Margin	12.05%	16.46%	19.96%	20.26%	18.04%	26.37%
Effective Tax Rate	25.33%	22.32%	23.08%	29.91%	29.82%	24.23%
Revenue as Reported	682.09	820.53	900.64	937.54	921.64	875.93
Advertising Expenses	-	9.39	9.87	12.39	9.44	4.71

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