Xinhuanet Co., Ltd. (SHA:603888)

Xinhuanet Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,070	2,082	1,941	1,724	1,433	1,570
Revenue Growth (YoY)	2.63%	7.28%	12.56%	20.28%	-8.69%	0.04%
Cost of Revenue	1,298	1,373	1,339	1,199	878.15	944.66
Gross Profit	771.53	708.64	601.84	525.32	555.26	625.23
Selling, General & Admin	416.2	444.15	379.45	375.3	344.39	358.99
Research & Development	115.11	86.45	69.03	66.44	70.17	68.56
Other Operating Expenses	50.27	26.75	20.39	6.54	5.5	24.21
Operating Expenses	631.12	610.14	493.52	495.73	496.58	531.61
Operating Income	140.41	98.5	108.33	29.59	58.67	93.61
Interest Expense	-1.71	-3.66	-3.85	-4.65	-	-
Interest & Investment Income	56.61	53.82	46.57	132.6	29.1	50.02
Currency Exchange Gain (Loss)	0.22	0.22	-0.15	0.08	0.23	-0.02
Other Non Operating Income (Expenses)	3.06	-0.75	-1.65	-1.08	-0.32	-0.35
EBT Excluding Unusual Items	198.59	148.13	149.24	156.53	87.68	143.26
Gain (Loss) on Sale of Investments	-11.12	-0.01	-15.82	-17.3	8.94	22.8
Gain (Loss) on Sale of Assets	-1.63	-1.63	-0.32	-1.21	-2.65	-0.08
Asset Writedown	-0.07	-	-	-19.32	-5.44	-
Legal Settlements	-72	-72	-	-	-	-
Other Unusual Items	107.07	107.07	115.31	86.95	70.98	121.77
Pretax Income	220.85	181.57	248.42	205.65	159.51	287.75
Income Tax Expense	-61.61	-91.94	6.25	-4.86	-5.43	0.11
Earnings From Continuing Operations	282.45	273.5	242.17	210.52	164.94	287.65
Minority Interest in Earnings	-	-	-	-	-	0.24
Net Income	282.45	273.5	242.17	210.52	164.94	287.89
Net Income to Common	282.45	273.5	242.17	210.52	164.94	287.89
Net Income Growth	10.21%	12.94%	15.04%	27.63%	-42.71%	0.98%
Shares Outstanding (Basic)	519	519	519	519	519	519
Shares Outstanding (Diluted)	519	519	519	519	519	519
Shares Change (YoY)	0.03%	0.01%	-0.00%	0.00%	0.00%	-0.00%
EPS (Basic)	0.54	0.53	0.47	0.41	0.32	0.55
EPS (Diluted)	0.54	0.53	0.47	0.41	0.32	0.55
EPS Growth	10.18%	12.92%	15.04%	27.63%	-42.71%	0.98%
Free Cash Flow	-561.01	427.67	483.97	173.78	253.49	-69.34
Free Cash Flow Per Share	-1.08	0.82	0.93	0.34	0.49	-0.13
Dividend Per Share	0.211	0.211	0.187	0.163	0.128	0.195
Dividend Growth	12.83%	12.83%	14.72%	27.34%	-34.36%	-21.37%
Gross Margin	37.27%	34.04%	31.01%	30.47%	38.74%	39.83%
Operating Margin	6.78%	4.73%	5.58%	1.72%	4.09%	5.96%
Profit Margin	13.64%	13.14%	12.48%	12.21%	11.51%	18.34%
Free Cash Flow Margin	-27.10%	20.54%	24.94%	10.08%	17.68%	-4.42%
EBITDA	202.68	172.26	197.4	115.94	127.61	162.92
EBITDA Margin	9.79%	8.27%	10.17%	6.73%	8.90%	10.38%
D&A For EBITDA	62.27	73.76	89.07	86.35	68.94	69.31
EBIT	140.41	98.5	108.33	29.59	58.67	93.61
EBIT Margin	6.78%	4.73%	5.58%	1.72%	4.09%	5.96%
Effective Tax Rate	-	-	2.52%	-	-	0.04%
Revenue as Reported	2,070	2,082	1,941	1,724	1,433	1,570

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.