Giant Network Group Co., Ltd. (SHE: 002558)

Giant Network Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,898	2,910	2,025	2,111	2,203	2,559
Other Revenue	9.4	13.76	12.71	12.79	13.94	12.28
Revenue	2,908	2,924	2,038	2,124	2,217	2,571
Revenue Growth (YoY)	20.29%	43.50%	-4.07%	-4.20%	-13.77%	-31.96%
Cost of Revenue	337.56	323.94	325.29	321.73	373.09	433.68
Gross Profit	2,570	2,600	1,712	1,803	1,844	2,138
Selling, General & Admin	1,067	1,198	544.48	623.1	584.51	644.38
Research & Development	689.39	691.99	642.58	713.36	720.99	810.51
Other Operating Expenses	-115.72	-108.72	-53.58	-89.22	-68.53	-81.59
Operating Expenses	1,641	1,782	1,135	1,289	1,236	1,399
Operating Income	929.18	818.39	577.59	513.36	607.75	739.17
Interest Expense	-23.62	-21.51	-17.8	-17.63	-24.29	-26.07
Interest & Investment Income	483.7	504.87	392.57	667.01	523.79	239.65
Currency Exchange Gain (Loss)	-0.34	-0.44	-0.83	0.23	0.4	-0.53
Other Non Operating Income (Expenses)	-0.57	-0.76	-6.85	-3.05	1.21	19.87
EBT Excluding Unusual Items	1,388	1,301	944.68	1,160	1,109	972.09
Impairment of Goodwill	-17.22	-17.22	-	-	-	-
Gain (Loss) on Sale of Investments	-205.79	-192.47	-152.73	-109.33	-10.11	-73.55
Gain (Loss) on Sale of Assets	-0.92	-0.58	-0.96	-15.39	0.16	0.26
Asset Writedown	-	-	-	-9.09	-27.87	-37.37
Other Unusual Items	7.98	11.16	38.7	3.2	17.45	28.76
Pretax Income	1,172	1,101	829.69	1,029	1,088	890.19
Income Tax Expense	26.07	9.6	-4.16	39.76	47.73	35.96
Earnings From Continuing Operations	1,146	1,092	833.85	989.54	1,041	854.23
Minority Interest in Earnings	-5.75	-5.37	17.1	4.97	-11.75	-34.19
Net Income	1,141	1,086	850.95	994.51	1,029	820.04
Net Income to Common	1,141	1,086	850.95	994.51	1,029	820.04
Net Income Growth	12.33%	27.67%	-14.43%	-3.35%	25.48%	-23.94%
Shares Outstanding (Basic)	1,840	1,841	1,850	1,876	1,906	2,000
Shares Outstanding (Diluted)	1,840	1,841	1,850	1,876	1,906	2,000
Shares Change (YoY)	-0.40%	-0.46%	-1.41%	-1.53%	-4.73%	-1.20%
EPS (Basic)	0.62	0.59	0.46	0.53	0.54	0.41
EPS (Diluted)	0.62	0.59	0.46	0.53	0.54	0.41
EPS Growth	12.77%	28.26%	-13.21%	-1.85%	31.71%	-22.64%
Free Cash Flow	929.32	1,036	623.46	427.64	876.64	1,397
Free Cash Flow Per Share	0.51	0.56	0.34	0.23	0.46	0.70
Dividend Per Share	0.220	0.210	0.160	0.160	0.160	0.130
Dividend Growth	-24.14%	31.25%	0%	0%	23.08%	-23.53%
Gross Margin	88.39%	88.92%	84.04%	84.85%	83.17%	83.13%
Operating Margin	31.95%	27.99%	28.35%	24.17%	27.41%	28.75%
Profit Margin	39.22%	37.15%	41.76%	46.82%	46.41%	31.89%
Free Cash Flow Margin	31.96%	35.44%	30.60%	20.13%	39.54%	54.34%
EBITDA	958.21	853.44	634.54	598.99	702.82	834.49
EBITDA Margin	32.95%	29.19%	31.14%	28.20%	31.70%	32.45%
D&A For EBITDA	29.03	35.06	56.95	85.64	95.06	95.32
EBIT	929.18	818.39	577.59	513.36	607.75	739.17
EBIT Margin	31.95%	27.99%	28.35%	24.17%	27.41%	28.75%
Effective Tax Rate	2.22%	0.87%	-	3.86%	4.39%	4.04%
Revenue as Reported	2,908	2,924	2,038	2,124	2,217	2,571
Advertising Expenses	-	746.15	225.69	213	209.12	237.09

Source: S&P Capital IQ. Standard template. Financial Sources.