Heilongjiang Publishing & Media Co., Ltd. (SHA:605577)

SHA:605577 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	1,472	1,603	1,846	1,755	1,741	1,491
Other Revenue	60.16	60.16	54.44	50.93	49.23	49.58
Revenue	1,532	1,663	1,901	1,806	1,791	1,540
Revenue Growth (YoY)	-19.97%	-12.48%	5.26%	0.85%	16.24%	1.81%
Cost of Revenue	883.11	945.73	1,069	1,040	1,015	885.7
Gross Profit	649.23	717.75	832.09	765.33	776.02	654.71
Selling, General & Admin	535.42	541.04	578.11	343.72	382.94	518.15
Research & Development	1.82	2.85	2.53	3.46	3.92	8.25
Other Operating Expenses	5	5.15	1.15	4.29	14.36	8.77
Operating Expenses	536.74	543.44	588.89	368.17	410.69	533.1
Operating Income	112.49	174.31	243.2	397.17	365.32	121.61
Interest Expense	-	-	-	-0	-0.01	-
Interest & Investment Income	62.48	64.74	65.88	62.92	51.29	26.38
Other Non Operating Income (Expenses)	-3.42	-2.24	-0.31	-0.38	-0.43	6.41
EBT Excluding Unusual Items	171.54	236.81	308.77	459.7	416.17	154.39
Gain (Loss) on Sale of Investments	7.14	3.3	-	-	-	-
Gain (Loss) on Sale of Assets	-0.01	-0.01	0.04	0.09	0.25	0.66
Asset Writedown	4.08	-	-	-	-	-
Other Unusual Items	9.69	9.42	-2.21	18.17	26.51	26.23
Pretax Income	193.74	250.81	306.6	477.96	442.93	181.27
Income Tax Expense	19.99	48.71	-48.68	0.01	0	0.49
Earnings From Continuing Operations	173.74	202.11	355.28	477.95	442.93	180.78
Minority Interest in Earnings	-0.32	-0.76	-7.06	-	-	-
Net Income	173.42	201.35	348.22	477.95	442.93	180.78
Net Income to Common	173.42	201.35	348.22	477.95	442.93	180.78
Net Income Growth	-49.50%	-42.18%	-27.14%	7.91%	145.01%	38.60%
Shares Outstanding (Basic)	445	444	444	444	415	400
Shares Outstanding (Diluted)	445	444	444	444	415	400
Shares Change (YoY)	0.02%	0.01%	0.00%	7.14%	3.71%	-0.01%
EPS (Basic)	0.39	0.45	0.78	1.08	1.07	0.45
EPS (Diluted)	0.39	0.45	0.78	1.08	1.07	0.45
EPS Growth	-49.51%	-42.18%	-27.14%	0.71%	136.24%	38.61%
Free Cash Flow	91.05	210.26	314.06	276.74	229.19	220.68
Free Cash Flow Per Share	0.20	0.47	0.71	0.62	0.55	0.55
Dividend Per Share	0.150	0.150	0.080	0.110	0.100	-
Dividend Growth	87.50%	87.50%	-27.27%	10.00%	-	-
Gross Margin	42.37%	43.15%	43.78%	42.38%	43.34%	42.50%
Operating Margin	7.34%	10.48%	12.80%	21.99%	20.40%	7.89%
Profit Margin	11.32%	12.10%	18.32%	26.47%	24.74%	11.74%
Free Cash Flow Margin	5.94%	12.64%	16.52%	15.32%	12.80%	14.33%
EBITDA	195.22	255.67	319.08	472.57	443.9	201.38
EBITDA Margin	12.74%	15.37%	16.79%	26.17%	24.79%	13.07%
D&A For EBITDA	82.73	81.36	75.88	75.4	78.58	79.77
EBIT	112.49	174.31	243.2	397.17	365.32	121.61
EBIT Margin	7.34%	10.48%	12.80%	21.99%	20.40%	7.89%
Effective Tax Rate	10.32%	19.42%	-	0.00%	0.00%	0.27%
Revenue as Reported	1,532	1,663	1,901	1,806	1,791	1,540
Advertising Expenses	-	42.11	76.12	95.82	110.29	78.78

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