Xinhuanet Co., Ltd. (SHA:603888)

Xinhuanet 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
Revenue	2,160	2,142	2,082	1,941	1,724	1,433
Revenue Growth (YoY)	4.94%	2.88%	7.28%	12.56%	20.28%	-8.69%
Cost of Revenue	1,318	1,324	1,373	1,339	1,199	878.15
Gross Profit	842.23	817.79	708.64	601.84	525.32	555.26
Selling, General & Admin	474.23	465.04	444.15	379.45	375.3	344.39
Research & Development	89.58	88.47	86.45	69.03	66.44	70.17
Other Operating Expenses	50.96	28.91	26.75	20.39	6.54	5.5
Operating Expenses	646.42	626.97	610.14	493.52	495.73	496.58
Operating Income	195.81	190.83	98.5	108.33	29.59	58.67
Interest Expense	-3.67	-2.96	-3.66	-3.85	-4.65	-
Interest & Investment Income	41.87	54.1	53.82	46.57	132.6	29.1
Currency Exchange Gain (Loss)	-0.1	-0.21	0.22	-0.15	0.08	0.23
Other Non Operating Income (Expenses)	-4.06	-0.33	-0.75	-1.65	-1.08	-0.32
EBT Excluding Unusual Items	229.85	241.42	148.13	149.24	156.53	87.68
Gain (Loss) on Sale of Investments	-1.67	-0.74	-0.01	-15.82	-17.3	8.94
Gain (Loss) on Sale of Assets	-0.53	-0.52	-1.63	-0.32	-1.21	-2.65
Asset Writedown	-0.19	-0.17	-	-	-19.32	-5.44
Legal Settlements	14.6	14.6	-72	-	-	-
Other Unusual Items	139.43	112.27	107.07	115.31	86.95	70.98
Pretax Income	381.49	366.86	181.57	248.42	205.65	159.51
Income Tax Expense	111.83	132.93	-91.94	6.25	-4.86	-5.43
Earnings From Continuing Operations	269.66	233.93	273.5	242.17	210.52	164.94
Net Income	269.66	233.93	273.5	242.17	210.52	164.94
Net Income to Common	269.66	233.93	273.5	242.17	210.52	164.94
Net Income Growth	-3.54%	-14.47%	12.94%	15.04%	27.63%	-42.71%
Shares Outstanding (Basic)	597	675	675	675	675	675
Shares Outstanding (Diluted)	597	675	675	675	675	675
Shares Change (YoY)	-11.53%	-0.01%	0.01%	0.00%	0.02%	-0.01%
EPS (Basic)	0.45	0.35	0.41	0.36	0.31	0.24
EPS (Diluted)	0.45	0.35	0.41	0.36	0.31	0.24
EPS Growth	9.03%	-14.46%	12.93%	15.03%	27.61%	-42.70%
Free Cash Flow	-504.31	-562.45	427.67	483.97	173.78	253.49
Free Cash Flow Per Share	-0.84	-0.83	0.63	0.72	0.26	0.38
Dividend Per Share	0.105	0.105	0.162	0.144	0.125	0.099
Dividend Growth	-35.55%	-35.55%	12.86%	14.67%	27.31%	-34.33%
Gross Margin	38.99%	38.18%	34.04%	31.01%	30.47%	38.74%
Operating Margin	9.06%	8.91%	4.73%	5.58%	1.72%	4.09%
Profit Margin	12.48%	10.92%	13.14%	12.48%	12.21%	11.51%
Free Cash Flow Margin	-23.35%	-26.26%	20.54%	24.94%	10.08%	17.68%
EBITDA	237.9	237.39	172.26	197.4	115.94	127.61
EBITDA Margin	11.01%	11.08%	8.27%	10.17%	6.73%	8.90%
D&A For EBITDA	42.09	46.56	73.76	89.07	86.35	68.94
EBIT	195.81	190.83	98.5	108.33	29.59	58.67
EBIT Margin	9.06%	8.91%	4.73%	5.58%	1.72%	4.09%
Effective Tax Rate	29.32%	36.23%	-	2.52%	-	-
Revenue as Reported	2,160	2,142	2,082	1,941	1,724	1,433

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.