Songcheng Performance Development Co.,Ltd (SHE:300144)

SHE:300144 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	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,266	1,870	420.2	1,133	860.11	2,473
Other Revenue	56.37	56.37	37.61	51.9	42.48	138.29
Revenue	2,322	1,926	457.81	1,185	902.59	2,612
Revenue Growth (YoY)	37.61%	320.76%	-61.36%	31.27%	-65.44%	-18.67%
Cost of Revenue	753.18	648.58	233.08	581.9	356.21	749.43
Gross Profit	1,569	1,278	224.74	602.97	546.37	1,862
Selling, General & Admin	303.69	234.59	409.54	320.06	348.81	333
Research & Development	42.94	30.01	18.45	41.18	36.87	46.9
Other Operating Expenses	43.39	27.3	27.51	22.37	11.93	31.88
Operating Expenses	389.77	292.03	455.49	383.42	397.8	409.53
Operating Income	1,179	985.71	-230.75	219.55	148.57	1,453
Interest Expense	-21.71	-28.21	-31.62	-32.79	-7.82	-
Interest & Investment Income	112.35	65.55	180.85	209.13	46.59	295.81
Currency Exchange Gain (Loss)	-	-	8.93	9.28	-9.95	-0.02
Other Non Operating Income (Expenses)	-6.15	-8.44	-1.72	-19.6	-34.5	-25.14
EBT Excluding Unusual Items	1,264	1,015	-74.31	385.57	142.88	1,723
Impairment of Goodwill	-	-	-	-10.08	-16.42	-17.43
Gain (Loss) on Sale of Investments	-897.5	-925.71	-2.49	-12.1	-1,861	0.99
Gain (Loss) on Sale of Assets	-7.26	0.36	2.13	4.51	0.68	-0.77
Asset Writedown	-49.27	-49.27	-6.85	-32.22	-38.3	-77.83
Other Unusual Items	17.36	3.23	10.28	8.16	35.11	1.64
Pretax Income	326.88	43.22	-71.24	343.84	-1,737	1,630
Income Tax Expense	200.58	151.81	3.48	41.25	29.84	265.15
Earnings From Continuing Operations	126.31	-108.59	-74.73	302.59	-1,767	1,365
Minority Interest in Earnings	-15.52	-1.32	26.98	12.54	14.55	-25.11
Net Income	110.79	-109.91	-47.75	315.13	-1,752	1,340
Net Income to Common	110.79	-109.91	-47.75	315.13	-1,752	1,340
Net Income Growth	-83.30%	-	-	-	-	4.09%
Shares Outstanding (Basic)	2,618	2,617	2,609	2,615	2,615	2,615
Shares Outstanding (Diluted)	2,618	2,617	2,609	2,615	2,615	2,615
Shares Change (YoY)	0.27%	0.30%	-0.23%	0.02%	0.00%	0.00%
EPS (Basic)	0.04	-0.04	-0.02	0.12	-0.67	0.51
EPS (Diluted)	0.04	-0.04	-0.02	0.12	-0.67	0.51
EPS Growth	-83.35%	-	-	-	-	4.08%
Free Cash Flow	1,138	1,022	86.28	56.63	-623.96	758.19
Free Cash Flow Per Share	0.43	0.39	0.03	0.02	-0.24	0.29
Dividend Per Share	0.100	0.100	0.050	0.050	0.050	0.111
Dividend Growth	100.00%	100.00%	-	-	-55.00%	66.57%
Gross Margin	67.56%	66.33%	49.09%	50.89%	60.53%	71.31%
Operating Margin	50.78%	51.17%	-50.40%	18.53%	16.46%	55.63%
Profit Margin	4.77%	-5.71%	-10.43%	26.60%	-194.15%	51.30%
Free Cash Flow Margin	49.00%	53.07%	18.85%	4.78%	-69.13%	29.03%
EBITDA	1,439	1,259	61.11	511.96	406.63	1,681
EBITDA Margin	61.96%	65.36%	13.35%	43.21%	45.05%	64.35%
D&A For EBITDA	259.58	273.41	291.86	292.41	258.06	227.88
EBIT	1,179	985.71	-230.75	219.55	148.57	1,453
EBIT Margin	50.78%	51.17%	-50.40%	18.53%	16.46%	55.63%
Effective Tax Rate	61.36%	351.25%	-	12.00%	-	16.27%
Revenue as Reported	2,322	1,926	457.81	1,185	902.59	2,612
Advertising Expenses	-	57.91	8.4	40.99	45.9	81.88

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