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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	738.24	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	745.88	820.53	900.64	937.54	921.64	875.93
Revenue Growth (YoY)	-19.02%	-8.89%	-3.94%	1.73%	5.22%	-5.34%
Cost of Revenue	402.21	442.58	471.9	481.94	520.54	465.57
Gross Profit	343.67	377.95	428.74	455.6	401.1	410.36
Selling, General & Admin	227.48	233.66	238.83	248.36	223.7	174.21
Research & Development	6.62	7.14	10.12	11.58	9.38	3.41
Other Operating Expenses	3.75	3.02	2.58	2.08	0.72	1.21
Operating Expenses	237.59	242.89	248.94	265.66	234.86	179.41
Operating Income	106.08	135.06	179.8	189.93	166.24	230.95
Interest Expense	-0.44	-0.65	-1.15	-1.85	-1.14	-0
Interest & Investment Income	18.57	19.92	24.18	16.56	27.01	34.01
Currency Exchange Gain (Loss)	-1.07	-1.07	1.07	-0.73	0.23	0.25
Other Non Operating Income (Expenses)	-0.38	-0.25	-0.61	-0.5	-0.57	-0.43
EBT Excluding Unusual Items	122.75	153.01	203.28	203.41	191.77	264.77
Impairment of Goodwill	-	-	-	-	-10.32	-7.16
Gain (Loss) on Sale of Investments	7.03	8.02	6.52	-4.66	2.58	4.64
Gain (Loss) on Sale of Assets	0.88	0.88	2.51	0.03	-0	-0
Asset Writedown	0.7	-0.03	-0	-0.13	-0.01	-0
Other Unusual Items	4.64	4.11	-1.07	1.49	8.28	31.6
Pretax Income	136.01	165.98	211.24	200.15	192.29	293.85
Income Tax Expense	31.71	37.05	48.76	59.87	57.34	71.2
Earnings From Continuing Operations	104.3	128.93	162.48	140.28	134.95	222.65
Minority Interest in Earnings	-1.73	-2.32	-2.48	-2.91	-4.3	-2.96
Net Income	102.57	126.61	160	137.36	130.65	219.69
Net Income to Common	102.57	126.61	160	137.36	130.65	219.69
Net Income Growth	-37.28%	-20.87%	16.48%	5.14%	-40.53%	-8.57%
Shares Outstanding (Basic)	160	162	163	163	163	163
Shares Outstanding (Diluted)	160	162	163	163	163	164
Shares Change (YoY)	-1.69%	-0.42%	0.00%	-0.49%	-0.39%	0.64%
EPS (Basic)	0.64	0.78	0.98	0.85	0.80	1.35
EPS (Diluted)	0.64	0.78	0.98	0.85	0.80	1.34
EPS Growth	-36.20%	-20.54%	16.48%	5.66%	-40.30%	-9.15%
Free Cash Flow	-97.86	34.49	169.33	148.5	101.95	135.52
Free Cash Flow Per Share	-0.61	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	46.08%	46.06%	47.60%	48.59%	43.52%	46.85%
Operating Margin	14.22%	16.46%	19.96%	20.26%	18.04%	26.37%
Profit Margin	13.75%	15.43%	17.77%	14.65%	14.18%	25.08%
Free Cash Flow Margin	-13.12%	4.20%	18.80%	15.84%	11.06%	15.47%
EBITDA	116.46	145.73	191.66	199.06	169.63	233.26
EBITDA Margin	15.61%	17.76%	21.28%	21.23%	18.40%	26.63%
D&A For EBITDA	10.38	10.68	11.86	9.12	3.39	2.31
EBIT	106.08	135.06	179.8	189.93	166.24	230.95
EBIT Margin	14.22%	16.46%	19.96%	20.26%	18.04%	26.37%
Effective Tax Rate	23.32%	22.32%	23.08%	29.91%	29.82%	24.23%
Revenue as Reported	745.88	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.