Beijing Bewinner Communications Co., Ltd. (SHE:002148)

SHE:002148 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	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021
Operating Revenue	342.59	280.15	263.76	232.51	216.84	160.32
Other Revenue	1.44	1.47	1.53	1.43	1.47	1.39
Revenue	344.04	281.62	265.3	233.94	218.31	161.71
Revenue Growth (YoY)	27.82%	6.15%	13.41%	7.16%	35.00%	-6.22%
Cost of Revenue	217.62	172.58	156.05	132.22	121.58	88.07
Gross Profit	126.41	109.04	109.25	101.72	96.73	73.64
Selling, General & Admin	97.33	63.74	60.37	55.42	51.11	47.71
Research & Development	22.5	23.24	22.61	22	11.44	18.41
Other Operating Expenses	10.48	10.49	9.9	10.16	10.95	9.9
Operating Expenses	130.17	97.25	93.03	86.49	73.82	75.12
Operating Income	-3.76	11.79	16.22	15.24	22.91	-1.48
Interest Expense	-0.04	-0.04	-	-	-	-
Interest & Investment Income	3.04	3.81	1.84	0.34	19	3.18
Currency Exchange Gain (Loss)	0.13	0.42	0.37	1.94	-0.36	-0.2
Other Non Operating Income (Expenses)	-0.33	-0.31	-0.04	-0.06	-0.03	-0.27
EBT Excluding Unusual Items	-0.95	15.66	18.38	17.45	41.51	1.23
Gain (Loss) on Sale of Investments	14.23	15	10.27	3.15	18.68	13.87
Gain (Loss) on Sale of Assets	-0.09	-0.05	-	0	-	-
Asset Writedown	-	-	0	-0	-1.6	-0.63
Other Unusual Items	0.41	0.41	0.16	0.04	8.73	-0
Pretax Income	13.59	31.01	28.81	20.64	67.33	14.46
Income Tax Expense	2.49	3.27	3.92	3.73	8.09	1.62
Earnings From Continuing Operations	11.11	27.74	24.89	16.91	59.24	12.84
Minority Interest in Earnings	1.34	-1.55	-2.01	0.06	-3.32	2.7
Net Income	12.45	26.19	22.88	16.97	55.92	15.54
Net Income to Common	12.45	26.19	22.88	16.97	55.92	15.54
Net Income Growth	-48.33%	14.45%	34.81%	-69.65%	259.79%	-
Shares Outstanding (Basic)	-	524	572	566	559	518
Shares Outstanding (Diluted)	-	524	572	566	559	518
Shares Change (YoY)	-	-8.44%	1.11%	1.17%	7.94%	-8.69%
EPS (Basic)	-	0.05	0.04	0.03	0.10	0.03
EPS (Diluted)	-	0.05	0.04	0.03	0.10	0.03
EPS Growth	-	25.00%	33.33%	-70.00%	233.33%	-
Free Cash Flow	-35.94	-16.66	42.35	43.78	27.06	7.04
Free Cash Flow Per Share	-	-0.03	0.07	0.08	0.05	0.01
Dividend Per Share	0.016	0.016	0.015	0.010	0.030	0.010
Dividend Growth	6.67%	6.67%	50.00%	-66.67%	200.00%	-
Gross Margin	36.74%	38.72%	41.18%	43.48%	44.31%	45.54%
Operating Margin	-1.09%	4.18%	6.11%	6.51%	10.49%	-0.92%
Profit Margin	3.62%	9.30%	8.62%	7.26%	25.62%	9.61%
Free Cash Flow Margin	-10.45%	-5.92%	15.96%	18.71%	12.40%	4.35%
EBITDA	8.66	25.15	30.52	29.3	36.91	12.8
EBITDA Margin	2.52%	8.93%	11.50%	12.53%	16.91%	7.92%
D&A For EBITDA	12.42	13.37	14.3	14.06	14	14.28
EBIT	-3.76	11.79	16.22	15.24	22.91	-1.48
EBIT Margin	-1.09%	4.18%	6.11%	6.51%	10.49%	-0.92%
Effective Tax Rate	18.28%	10.55%	13.62%	18.07%	12.01%	11.20%
Revenue as Reported	344.04	281.62	265.3	233.94	218.31	-
Advertising Expenses	-	0.96	4.1	0.05	0.12	0.01

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