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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,237	2,142	2,082	1,941	1,724	1,433
Revenue Growth (YoY)	8.08%	2.88%	7.28%	12.56%	20.28%	-8.69%
Cost of Revenue	1,358	1,324	1,373	1,339	1,199	878.15
Gross Profit	878.91	817.79	708.64	601.84	525.32	555.26
Selling, General & Admin	494.46	465.04	444.15	379.45	375.3	344.39
Research & Development	87	88.47	86.45	69.03	66.44	70.17
Other Operating Expenses	25.13	28.91	26.75	20.39	6.54	5.5
Operating Expenses	638.09	626.97	610.14	493.52	495.73	496.58
Operating Income	240.82	190.83	98.5	108.33	29.59	58.67
Interest Expense	-2.89	-2.96	-3.66	-3.85	-4.65	-
Interest & Investment Income	37.32	54.1	53.82	46.57	132.6	29.1
Currency Exchange Gain (Loss)	-0.21	-0.21	0.22	-0.15	0.08	0.23
Other Non Operating Income (Expenses)	-0.36	-0.33	-0.75	-1.65	-1.08	-0.32
EBT Excluding Unusual Items	274.68	241.42	148.13	149.24	156.53	87.68
Gain (Loss) on Sale of Investments	-12.53	-0.74	-0.01	-15.82	-17.3	8.94
Gain (Loss) on Sale of Assets	-0.52	-0.52	-1.63	-0.32	-1.21	-2.65
Asset Writedown	-0.2	-0.17	-	-	-19.32	-5.44
Legal Settlements	14.6	14.6	-72	-	-	-
Other Unusual Items	112.27	112.27	107.07	115.31	86.95	70.98
Pretax Income	388.3	366.86	181.57	248.42	205.65	159.51
Income Tax Expense	106.75	132.93	-91.94	6.25	-4.86	-5.43
Earnings From Continuing Operations	281.55	233.93	273.5	242.17	210.52	164.94
Net Income	281.55	233.93	273.5	242.17	210.52	164.94
Net Income to Common	281.55	233.93	273.5	242.17	210.52	164.94
Net Income Growth	-0.32%	-14.47%	12.94%	15.04%	27.63%	-42.71%
Shares Outstanding (Basic)	675	675	675	675	675	675
Shares Outstanding (Diluted)	675	675	675	675	675	675
Shares Change (YoY)	-0.03%	-0.01%	0.01%	0.00%	0.02%	-0.01%
EPS (Basic)	0.42	0.35	0.41	0.36	0.31	0.24
EPS (Diluted)	0.42	0.35	0.41	0.36	0.31	0.24
EPS Growth	-0.29%	-14.46%	12.93%	15.03%	27.61%	-42.70%
Free Cash Flow	530.5	-562.45	427.67	483.97	173.78	253.49
Free Cash Flow Per Share	0.79	-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	39.29%	38.18%	34.04%	31.01%	30.47%	38.74%
Operating Margin	10.76%	8.91%	4.73%	5.58%	1.72%	4.09%
Profit Margin	12.58%	10.92%	13.14%	12.48%	12.21%	11.51%
Free Cash Flow Margin	23.71%	-26.26%	20.54%	24.94%	10.08%	17.68%
EBITDA	266.98	237.39	172.26	197.4	115.94	127.61
EBITDA Margin	11.93%	11.08%	8.27%	10.17%	6.73%	8.90%
D&A For EBITDA	26.16	46.56	73.76	89.07	86.35	68.94
EBIT	240.82	190.83	98.5	108.33	29.59	58.67
EBIT Margin	10.76%	8.91%	4.73%	5.58%	1.72%	4.09%
Effective Tax Rate	27.49%	36.23%	-	2.52%	-	-
Revenue as Reported	2,237	2,142	2,082	1,941	1,724	1,433

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