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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,431	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	1,437	1,592	1,391	1,139	1,243	912.18
Revenue Growth (YoY)	-8.36%	14.44%	22.10%	-8.35%	36.23%	-39.64%
Cost of Revenue	822.22	906.47	805.98	633.25	768.96	666.61
Gross Profit	614.54	685.12	584.73	505.7	473.72	245.57
Selling, General & Admin	474.87	502.33	509.96	445.18	409.06	371.29
Research & Development	84.07	80.75	66.63	58.87	43.76	42.26
Other Operating Expenses	12.91	8.44	8.91	5.03	6.86	4.17
Operating Expenses	565.64	584.28	560.27	515.91	450.37	560.45
Operating Income	48.89	100.84	24.46	-10.21	23.35	-314.89
Interest Expense	-6.83	-7.3	-2.96	-3.03	-2.44	-
Interest & Investment Income	14	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)	-21.97	-2.86	1.4	-3.25	-0.52	-24.61
EBT Excluding Unusual Items	68.26	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	9.18	8.12	78.98	42.49	1.9	-19.41
Gain (Loss) on Sale of Assets	-0.14	0	0.41	0	0.01	-0.1
Asset Writedown	-12.75	-8.48	-0.17	-0.1	-0.02	-
Legal Settlements	-	-	-	-	-0.17	-0.09
Other Unusual Items	11.11	10.72	8.79	5.88	11.14	21.12
Pretax Income	26.67	103.85	50.46	59.83	72.19	-319.04
Income Tax Expense	18.65	29.09	7.7	5.76	18.4	-42.03
Earnings From Continuing Operations	8.02	74.76	42.77	54.07	53.79	-277.01
Minority Interest in Earnings	29.89	31.86	29.03	15.83	0.68	2.1
Net Income	37.91	106.62	71.8	69.89	54.47	-274.91
Net Income to Common	37.91	106.62	71.8	69.89	54.47	-274.91
Net Income Growth	-70.25%	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)	-1.17%	-3.05%	-0.54%	-0.19%	0.06%	0.03%
EPS (Basic)	0.04	0.13	0.08	0.08	0.06	-0.31
EPS (Diluted)	0.04	0.13	0.08	0.08	0.06	-0.31
EPS Growth	-69.90%	53.18%	3.28%	28.57%	-	-
Free Cash Flow	174.03	208.84	401.51	123	10.09	-133.16
Free Cash Flow Per Share	0.21	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	42.77%	43.05%	42.05%	44.40%	38.12%	26.92%
Operating Margin	3.40%	6.34%	1.76%	-0.90%	1.88%	-34.52%
Profit Margin	2.64%	6.70%	5.16%	6.14%	4.38%	-30.14%
Free Cash Flow Margin	12.11%	13.12%	28.87%	10.80%	0.81%	-14.60%
EBITDA	80.22	135.07	62.55	15.92	33.61	-307.49
EBITDA Margin	5.58%	8.49%	4.50%	1.40%	2.71%	-33.71%
D&A For EBITDA	31.33	34.23	38.09	26.13	10.26	7.39
EBIT	48.89	100.84	24.46	-10.21	23.35	-314.89
EBIT Margin	3.40%	6.34%	1.76%	-0.90%	1.88%	-34.52%
Effective Tax Rate	69.94%	28.01%	15.26%	9.63%	25.49%	-
Revenue as Reported	1,437	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.