Baoxiniao Holding Co., Ltd. (SHE:002154)

Baoxiniao Holding Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,019	5,109	4,233	4,326	3,691
Other Revenue	134.37	144.72	79.75	125.03	96.98
Revenue	5,153	5,254	4,313	4,451	3,788
Revenue Growth (YoY)	-1.91%	21.82%	-3.11%	17.52%	15.74%
Cost of Revenue	1,897	1,917	1,682	1,648	1,433
Gross Profit	3,256	3,337	2,631	2,803	2,355
Selling, General & Admin	2,509	2,402	1,990	2,093	1,764
Research & Development	92.73	108.57	83.3	75.53	59.58
Other Operating Expenses	45.51	47.21	36.69	43.97	35.72
Operating Expenses	2,654	2,567	2,120	2,225	1,868
Operating Income	601.81	769.89	511.57	578.38	486.29
Interest Expense	-16.52	-13.35	-10.18	-10.39	-8.6
Interest & Investment Income	65.56	91.6	60.09	37	36.28
Currency Exchange Gain (Loss)	0.34	0.39	2.34	1.66	-1.16
Other Non Operating Income (Expenses)	-11.83	-10.63	-10.62	-6.55	-9.24
EBT Excluding Unusual Items	639.36	837.91	553.2	600.1	503.56
Impairment of Goodwill	-17.74	-	-	-	-
Gain (Loss) on Sale of Investments	-14.4	-9.08	-18.73	-7.84	-8.77
Gain (Loss) on Sale of Assets	-0.12	-0.33	1.16	0.87	0.86
Asset Writedown	-26.96	-52.59	-61.5	-41.13	-46.05
Other Unusual Items	107.65	122.63	132.65	63.82	63.21
Pretax Income	687.78	898.54	606.77	615.83	512.81
Income Tax Expense	167.63	169.64	130.72	136.41	122.75
Earnings From Continuing Operations	520.15	728.89	476.05	479.42	390.05
Minority Interest in Earnings	-25.19	-31.04	-17.27	-15.06	-23.56
Net Income	494.96	697.85	458.77	464.36	366.5
Net Income to Common	494.96	697.85	458.77	464.36	366.5
Net Income Growth	-29.07%	52.11%	-1.20%	26.70%	74.45%
Shares Outstanding (Basic)	1,456	1,454	1,480	1,222	1,222
Shares Outstanding (Diluted)	1,456	1,454	1,480	1,222	1,222
Shares Change (YoY)	0.13%	-1.76%	21.11%	0.03%	-1.15%
EPS (Basic)	0.34	0.48	0.31	0.38	0.30
EPS (Diluted)	0.34	0.48	0.31	0.38	0.30
EPS Growth	-29.17%	54.84%	-18.42%	26.67%	76.47%
Free Cash Flow	91.46	770.88	316.58	473.64	643.05
Free Cash Flow Per Share	0.06	0.53	0.21	0.39	0.53
Dividend Per Share	0.120	0.250	0.400	0.420	0.060
Dividend Growth	-52.00%	-37.50%	-4.76%	600.00%	-
Gross Margin	63.19%	63.52%	61.01%	62.97%	62.17%
Operating Margin	11.68%	14.66%	11.86%	12.99%	12.84%
Profit Margin	9.61%	13.28%	10.64%	10.43%	9.68%
Free Cash Flow Margin	1.77%	14.67%	7.34%	10.64%	16.98%
EBITDA	684.34	850.84	598.46	669.75	587.98
EBITDA Margin	13.28%	16.20%	13.88%	15.05%	15.52%
D&A For EBITDA	82.53	80.94	86.9	91.37	101.7
EBIT	601.81	769.89	511.57	578.38	486.29
EBIT Margin	11.68%	14.66%	11.86%	12.99%	12.84%
Effective Tax Rate	24.37%	18.88%	21.54%	22.15%	23.94%
Revenue as Reported	5,153	5,254	4,313	4,451	3,788
Advertising Expenses	317.25	277.36	257.36	249.97	199.16

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