Beijing Join-Cheer Software Co., Ltd. (SHE:002279)

SHE:002279 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,896	4,028	3,402	2,887	2,698	2,815
Other Revenue	9.16	9.16	9.76	10.36	10.94	6.64
Revenue	2,905	4,037	3,412	2,898	2,709	2,821
Revenue Growth (YoY)	-32.12%	18.33%	17.73%	6.97%	-3.98%	-9.04%
Cost of Revenue	1,739	3,059	2,439	2,014	1,861	2,092
Gross Profit	1,167	978	972.4	884.19	848.35	729.62
Selling, General & Admin	738.58	716.69	621.27	512.99	491.97	453.06
Research & Development	251.06	283.76	317.69	269.62	259.71	279.3
Other Operating Expenses	2.91	3.05	-8.2	-7.56	-12.36	-12.65
Operating Expenses	1,032	1,049	950.61	809.82	771.08	804.81
Operating Income	134.14	-71.34	21.79	74.37	77.27	-75.18
Interest Expense	-1.48	-4.11	-2.18	-40.04	-41.9	-45.12
Interest & Investment Income	15.01	19.36	20.2	6.68	10.49	20.15
Currency Exchange Gain (Loss)	-3.33	-3.33	-0.15	5.69	-1.15	0.47
Other Non Operating Income (Expenses)	7.76	2.77	-5.53	0.11	-6.52	-4.21
EBT Excluding Unusual Items	152.11	-56.65	34.14	46.82	38.19	-103.9
Impairment of Goodwill	-104.65	-104.65	-197.36	-	-178.17	-94.72
Gain (Loss) on Sale of Investments	2.68	4.38	11.43	6.59	6.6	2.71
Gain (Loss) on Sale of Assets	-0.05	0.06	0.02	0.02	-1.75	5.27
Asset Writedown	-1.7	-1.04	-0.79	-0.05	-0.09	-0.39
Other Unusual Items	5.16	5.16	7.14	3.7	1.43	263.95
Pretax Income	53.54	-152.72	-145.43	57.08	-133.79	72.92
Income Tax Expense	-1.17	1.03	7.36	-1.65	-1.61	-1.51
Earnings From Continuing Operations	54.72	-153.75	-152.79	58.73	-132.18	74.44
Minority Interest in Earnings	-11.17	-1.81	10.58	-6.82	0.44	-2.81
Net Income	43.55	-155.56	-142.2	51.91	-131.74	71.63
Net Income to Common	43.55	-155.56	-142.2	51.91	-131.74	71.63
Net Income Growth	-	-	-	-	-	37.05%
Shares Outstanding (Basic)	864	865	866	726	711	711
Shares Outstanding (Diluted)	864	865	866	726	711	711
Shares Change (YoY)	-0.24%	-0.10%	19.29%	2.12%	-0.05%	0.03%
EPS (Basic)	0.05	-0.18	-0.16	0.07	-0.19	0.10
EPS (Diluted)	0.05	-0.18	-0.16	0.07	-0.19	0.10
EPS Growth	-	-	-	-	-	37.01%
Free Cash Flow	40.38	-118.45	170.34	115.28	174.55	167.77
Free Cash Flow Per Share	0.05	-0.14	0.20	0.16	0.25	0.24
Gross Margin	40.15%	24.22%	28.50%	30.51%	31.32%	25.86%
Operating Margin	4.62%	-1.77%	0.64%	2.57%	2.85%	-2.67%
Profit Margin	1.50%	-3.85%	-4.17%	1.79%	-4.86%	2.54%
Free Cash Flow Margin	1.39%	-2.93%	4.99%	3.98%	6.44%	5.95%
EBITDA	134.24	-59.29	49.78	103.52	108.95	-40.04
EBITDA Margin	4.62%	-1.47%	1.46%	3.57%	4.02%	-1.42%
D&A For EBITDA	0.09	12.05	27.98	29.15	31.68	35.15
EBIT	134.14	-71.34	21.79	74.37	77.27	-75.18
EBIT Margin	4.62%	-1.77%	0.64%	2.57%	2.85%	-2.67%
Revenue as Reported	2,905	4,037	3,412	2,898	-	2,821
Advertising Expenses	-	1.38	1.32	0.69	1.16	1.47

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