Toread Holdings Group Co., Ltd. (SHE:300005)

Toread Holdings 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,559	1,586	1,384	1,129	1,222	899.06
Other Revenue	5.89	5.89	6.23	10.2	20.64	13.12
Revenue	1,565	1,592	1,391	1,139	1,243	912.18
Revenue Growth (YoY)	2.23%	14.44%	22.10%	-8.35%	36.23%	-39.64%
Cost of Revenue	887.83	906.47	805.98	633.25	768.96	666.61
Gross Profit	676.86	685.12	584.73	505.7	473.72	245.57
Selling, General & Admin	500.43	502.33	509.96	445.18	409.06	371.29
Research & Development	84.03	80.75	66.63	58.87	43.76	42.26
Other Operating Expenses	9.23	8.44	8.91	5.03	6.86	4.17
Operating Expenses	586.45	584.28	560.27	515.91	450.37	560.45
Operating Income	90.4	100.84	24.46	-10.21	23.35	-314.89
Interest Expense	-7.32	-7.3	-2.96	-3.03	-2.44	-
Interest & Investment Income	16.37	17.63	30.63	37.07	38.94	18.94
Currency Exchange Gain (Loss)	34.17	34.17	-5.69	-0.07	0	-
Other Non Operating Income (Expenses)	-13.75	-2.86	1.4	-3.25	-0.52	-24.61
EBT Excluding Unusual Items	119.87	142.48	47.84	20.51	59.33	-320.55
Impairment of Goodwill	-48.99	-48.99	-85.38	-8.96	-	-
Gain (Loss) on Sale of Investments	6.99	8.12	78.98	42.49	1.9	-19.41
Gain (Loss) on Sale of Assets	-0.16	0	0.41	0	0.01	-0.1
Asset Writedown	-8.48	-8.48	-0.17	-0.1	-0.02	-
Legal Settlements	-	-	-	-	-0.17	-0.09
Other Unusual Items	10.62	10.72	8.79	5.88	11.14	21.12
Pretax Income	79.85	103.85	50.46	59.83	72.19	-319.04
Income Tax Expense	27.49	29.09	7.7	5.76	18.4	-42.03
Earnings From Continuing Operations	52.37	74.76	42.77	54.07	53.79	-277.01
Minority Interest in Earnings	32.4	31.86	29.03	15.83	0.68	2.1
Net Income	84.77	106.62	71.8	69.89	54.47	-274.91
Net Income to Common	84.77	106.62	71.8	69.89	54.47	-274.91
Net Income Growth	-31.95%	48.50%	2.72%	28.33%	-	-
Shares Outstanding (Basic)	845	851	878	882	884	884
Shares Outstanding (Diluted)	845	851	878	882	884	884
Shares Change (YoY)	-3.36%	-3.05%	-0.54%	-0.19%	0.06%	0.03%
EPS (Basic)	0.10	0.13	0.08	0.08	0.06	-0.31
EPS (Diluted)	0.10	0.13	0.08	0.08	0.06	-0.31
EPS Growth	-29.58%	53.18%	3.28%	28.57%	-	-
Free Cash Flow	150.69	208.84	401.51	123	10.09	-133.16
Free Cash Flow Per Share	0.18	0.24	0.46	0.14	0.01	-0.15
Dividend Per Share	0.012	0.012	0.024	-	-	-
Dividend Growth	-50.00%	-50.00%	-	-	-	-
Gross Margin	43.26%	43.05%	42.05%	44.40%	38.12%	26.92%
Operating Margin	5.78%	6.34%	1.76%	-0.90%	1.88%	-34.52%
Profit Margin	5.42%	6.70%	5.16%	6.14%	4.38%	-30.14%
Free Cash Flow Margin	9.63%	13.12%	28.87%	10.80%	0.81%	-14.60%
EBITDA	123.67	135.07	62.55	15.92	33.61	-307.49
EBITDA Margin	7.90%	8.49%	4.50%	1.40%	2.71%	-33.71%
D&A For EBITDA	33.26	34.23	38.09	26.13	10.26	7.39
EBIT	90.4	100.84	24.46	-10.21	23.35	-314.89
EBIT Margin	5.78%	6.34%	1.76%	-0.90%	1.88%	-34.52%
Effective Tax Rate	34.42%	28.01%	15.26%	9.63%	25.49%	-
Revenue as Reported	1,565	1,592	1,391	1,139	1,243	912.18
Advertising Expenses	-	110.31	91.11	74.95	67.4	60.51

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