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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,530	1,586	1,384	1,129	1,222	899.06
Other Revenue	6.43	5.89	6.23	10.2	20.64	13.12
Revenue	1,536	1,592	1,391	1,139	1,243	912.18
Revenue Growth (YoY)	-0.48%	14.44%	22.10%	-8.35%	36.23%	-39.64%
Cost of Revenue	886.84	906.47	805.98	633.25	768.96	666.61
Gross Profit	649.39	685.12	584.73	505.7	473.72	245.57
Selling, General & Admin	491.3	502.33	509.96	445.18	409.06	371.29
Research & Development	89.51	80.75	66.63	58.87	43.76	42.26
Other Operating Expenses	10.52	8.44	8.91	5.03	6.86	4.17
Operating Expenses	585.55	584.28	560.27	515.91	450.37	560.45
Operating Income	63.84	100.84	24.46	-10.21	23.35	-314.89
Interest Expense	-7.04	-7.3	-2.96	-3.03	-2.44	-
Interest & Investment Income	15.56	17.63	30.63	37.07	38.94	18.94
Currency Exchange Gain (Loss)	-8.11	34.17	-5.69	-0.07	0	-
Other Non Operating Income (Expenses)	-1.54	-2.86	1.4	-3.25	-0.52	-24.61
EBT Excluding Unusual Items	62.71	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	9.57	8.12	78.98	42.49	1.9	-19.41
Gain (Loss) on Sale of Assets	-0.15	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	12.27	10.72	8.79	5.88	11.14	21.12
Pretax Income	26.94	103.85	50.46	59.83	72.19	-319.04
Income Tax Expense	16.4	29.09	7.7	5.76	18.4	-42.03
Earnings From Continuing Operations	10.54	74.76	42.77	54.07	53.79	-277.01
Minority Interest in Earnings	30.67	31.86	29.03	15.83	0.68	2.1
Net Income	41.22	106.62	71.8	69.89	54.47	-274.91
Net Income to Common	41.22	106.62	71.8	69.89	54.47	-274.91
Net Income Growth	-69.63%	48.50%	2.72%	28.33%	-	-
Shares Outstanding (Basic)	844	851	878	882	884	884
Shares Outstanding (Diluted)	844	851	878	882	884	884
Shares Change (YoY)	-2.45%	-3.05%	-0.54%	-0.19%	0.06%	0.03%
EPS (Basic)	0.05	0.13	0.08	0.08	0.06	-0.31
EPS (Diluted)	0.05	0.13	0.08	0.08	0.06	-0.31
EPS Growth	-68.86%	53.18%	3.28%	28.57%	-	-
Free Cash Flow	98.38	208.84	401.51	123	10.09	-133.16
Free Cash Flow Per Share	0.12	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	42.27%	43.05%	42.05%	44.40%	38.12%	26.92%
Operating Margin	4.15%	6.34%	1.76%	-0.90%	1.88%	-34.52%
Profit Margin	2.68%	6.70%	5.16%	6.14%	4.38%	-30.14%
Free Cash Flow Margin	6.40%	13.12%	28.87%	10.80%	0.81%	-14.60%
EBITDA	96.2	135.07	62.55	15.92	33.61	-307.49
EBITDA Margin	6.26%	8.49%	4.50%	1.40%	2.71%	-33.71%
D&A For EBITDA	32.36	34.23	38.09	26.13	10.26	7.39
EBIT	63.84	100.84	24.46	-10.21	23.35	-314.89
EBIT Margin	4.15%	6.34%	1.76%	-0.90%	1.88%	-34.52%
Effective Tax Rate	60.87%	28.01%	15.26%	9.63%	25.49%	-
Revenue as Reported	1,536	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.