Visual China Group Co.,Ltd. (SHE:000681)

Visual China 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	812.04	810.21	780.25	695.69	654.17	566.49
Other Revenue	0.97	0.97	0.58	1.84	3.08	3.96
Revenue	813.01	811.18	780.83	697.53	657.25	570.45
Revenue Growth (YoY)	-0.19%	3.89%	11.94%	6.13%	15.22%	-21.00%
Cost of Revenue	453.69	431.5	380.75	321.15	290.53	208.09
Gross Profit	359.32	379.68	400.08	376.38	366.72	362.36
Selling, General & Admin	199.04	196.46	188.86	206.03	198.73	167
Research & Development	63.41	72.7	99.06	80.87	64.6	50.2
Other Operating Expenses	5.67	2.94	2.87	3.22	2.75	4.03
Operating Expenses	272.28	278.19	298.87	295.78	274	223.26
Operating Income	87.04	101.49	101.22	80.6	92.72	139.1
Interest Expense	-9.89	-10.21	-8.89	-12.38	-18.8	-23.21
Interest & Investment Income	50.71	50.28	82.6	42.75	75.16	44.55
Currency Exchange Gain (Loss)	-1.26	-1.26	-6.99	-1.57	8.89	-14.81
Other Non Operating Income (Expenses)	-0.52	-1.79	-6.39	-6.02	-3.39	1.6
EBT Excluding Unusual Items	126.08	138.51	161.55	103.37	154.58	147.23
Gain (Loss) on Sale of Investments	-1.43	-3.31	1.95	0.65	-0.26	29.84
Gain (Loss) on Sale of Assets	0.96	-0	0.13	0.18	0	0.04
Asset Writedown	-0.01	-0.01	-0.1	-0.02	-0.01	-0.15
Other Unusual Items	7.94	7.09	4.11	1.45	9.97	-0.97
Pretax Income	133.54	142.28	167.63	105.63	164.29	176
Income Tax Expense	12.03	12.09	13.59	6.83	9.57	33.69
Earnings From Continuing Operations	121.51	130.2	154.05	98.8	154.71	142.3
Minority Interest in Earnings	-9.74	-11.05	-8.45	-0.51	-1.86	-0.77
Net Income	111.77	119.15	145.59	98.28	152.85	141.53
Net Income to Common	111.77	119.15	145.59	98.28	152.85	141.53
Net Income Growth	6.70%	-18.16%	48.14%	-35.70%	8.00%	-35.39%
Shares Outstanding (Basic)	702	701	701	701	701	701
Shares Outstanding (Diluted)	703	701	701	701	701	701
Shares Change (YoY)	0.59%	0.03%	0.02%	0.00%	-0.02%	0.02%
EPS (Basic)	0.16	0.17	0.21	0.14	0.22	0.20
EPS (Diluted)	0.16	0.17	0.21	0.14	0.22	0.20
EPS Growth	6.07%	-18.19%	48.11%	-35.70%	8.02%	-35.40%
Free Cash Flow	125.44	122.63	150.85	91.26	58.24	73.07
Free Cash Flow Per Share	0.18	0.17	0.21	0.13	0.08	0.10
Dividend Per Share	0.024	0.021	0.021	0.015	0.022	0.021
Dividend Growth	-17.24%	-	40.00%	-31.82%	4.76%	-34.38%
Gross Margin	44.20%	46.81%	51.24%	53.96%	55.80%	63.52%
Operating Margin	10.71%	12.51%	12.96%	11.55%	14.11%	24.39%
Profit Margin	13.75%	14.69%	18.65%	14.09%	23.26%	24.81%
Free Cash Flow Margin	15.43%	15.12%	19.32%	13.08%	8.86%	12.81%
EBITDA	89.28	114.03	127.49	105.22	112.41	154.26
EBITDA Margin	10.98%	14.06%	16.33%	15.08%	17.10%	27.04%
D&A For EBITDA	2.24	12.54	26.27	24.62	19.69	15.16
EBIT	87.04	101.49	101.22	80.6	92.72	139.1
EBIT Margin	10.71%	12.51%	12.96%	11.55%	14.11%	24.38%
Effective Tax Rate	9.01%	8.49%	8.10%	6.47%	5.83%	19.14%
Revenue as Reported	813.01	811.18	780.83	697.53	657.25	570.45

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