Zhejiang Huace Film & TV Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	2,349	1,929	2,258	2,465	3,793	3,719	Upgrade
Other Revenue	12.65	10.52	9.89	10.34	14.23	12.79	Upgrade
Revenue	2,362	1,939	2,267	2,475	3,807	3,732	Upgrade
Revenue Growth (YoY)	57.61%	-14.48%	-8.38%	-34.99%	2.00%	41.88%	Upgrade
Cost of Revenue	1,720	1,369	1,638	1,650	2,955	2,764	Upgrade
Gross Profit	641.24	570.01	629.75	824.52	852.01	968.22	Upgrade
Selling, General & Admin	338.39	328.02	344.33	464.05	557.82	495.15	Upgrade
Research & Development	25.46	23.87	25.09	14.69	10.43	9.87	Upgrade
Other Operating Expenses	32.73	5.28	-4.81	6.31	7.92	-9.49	Upgrade
Operating Expenses	394.41	370.18	347.68	520.24	563.54	496.25	Upgrade
Operating Income	246.82	199.83	282.07	304.28	288.48	471.98	Upgrade
Interest Expense	-39.98	-32.61	-23.31	-17.55	-12.37	-44.64	Upgrade
Interest & Investment Income	61.77	89.08	90.32	108.96	80.63	57.2	Upgrade
Currency Exchange Gain (Loss)	2.74	5.66	4.85	14.5	-8.69	-18.77	Upgrade
Other Non Operating Income (Expenses)	2.25	-0.81	-0.29	-0.24	-0.45	0.3	Upgrade
EBT Excluding Unusual Items	273.61	261.15	353.65	409.95	347.59	466.08	Upgrade
Impairment of Goodwill	-	-	-	-	-	-3.97	Upgrade
Gain (Loss) on Sale of Investments	51.32	16.93	35.93	22.31	-13.29	-13.87	Upgrade
Gain (Loss) on Sale of Assets	-0.6	-0.47	0.73	0.06	0.23	2.06	Upgrade
Asset Writedown	-0.11	-	-	-0.16	-0.8	-	Upgrade
Other Unusual Items	89.04	68.09	58.42	83.54	170.29	65.95	Upgrade
Pretax Income	413.25	345.7	448.72	515.7	504.02	516.26	Upgrade
Income Tax Expense	87.88	68.17	51.8	99.68	91.09	122.56	Upgrade
Earnings From Continuing Operations	325.37	277.53	396.92	416.02	412.93	393.7	Upgrade
Minority Interest in Earnings	-36.01	-34.48	-14.69	-13.32	-12.54	5.49	Upgrade
Net Income	289.36	243.05	382.23	402.7	400.39	399.19	Upgrade
Net Income to Common	289.36	243.05	382.23	402.7	400.39	399.19	Upgrade
Net Income Growth	35.88%	-36.41%	-5.08%	0.58%	0.30%	-	Upgrade
Shares Outstanding (Basic)	1,959	1,870	1,911	1,918	1,820	1,736	Upgrade
Shares Outstanding (Diluted)	1,959	1,870	1,911	1,918	1,820	1,736	Upgrade
Shares Change (YoY)	4.40%	-2.17%	-0.34%	5.37%	4.86%	-1.81%	Upgrade
EPS (Basic)	0.15	0.13	0.20	0.21	0.22	0.23	Upgrade
EPS (Diluted)	0.15	0.13	0.20	0.21	0.22	0.23	Upgrade
EPS Growth	30.15%	-35.00%	-4.76%	-4.54%	-4.35%	-	Upgrade
Free Cash Flow	-718.81	-665.29	383.12	287.18	1,397	865.89	Upgrade
Free Cash Flow Per Share	-0.37	-0.36	0.20	0.15	0.77	0.50	Upgrade
Dividend Per Share	0.013	0.013	0.041	0.022	0.022	0.021	Upgrade
Dividend Growth	-68.29%	-68.29%	86.36%	-	4.76%	40.00%	Upgrade
Gross Margin	27.15%	29.40%	27.77%	33.31%	22.38%	25.94%	Upgrade
Operating Margin	10.45%	10.30%	12.44%	12.29%	7.58%	12.65%	Upgrade
Profit Margin	12.25%	12.53%	16.86%	16.27%	10.52%	10.70%	Upgrade
Free Cash Flow Margin	-30.44%	-34.31%	16.90%	11.60%	36.70%	23.20%	Upgrade
EBITDA	306.56	220.77	290.49	313.16	297.97	484.41	Upgrade
EBITDA Margin	12.98%	11.39%	12.81%	12.65%	7.83%	12.98%	Upgrade
D&A For EBITDA	59.73	20.94	8.42	8.89	9.5	12.44	Upgrade
EBIT	246.82	199.83	282.07	304.28	288.48	471.98	Upgrade
EBIT Margin	10.45%	10.30%	12.44%	12.29%	7.58%	12.65%	Upgrade
Effective Tax Rate	21.27%	19.72%	11.54%	19.33%	18.07%	23.74%	Upgrade
Revenue as Reported	2,362	1,939	2,267	2,475	3,807	3,732	Upgrade

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