Chengdu Jiafaantai Education Technology Co.,Ltd. (SHE:300559)

SHE:300559 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	328.07	387.09	564.82	365.33	353.02	558.8
Other Revenue	42.82	42.82	39.55	47.31	16.68	31.54
Revenue	370.9	429.92	604.37	412.64	369.7	590.33
Revenue Growth (YoY)	-43.00%	-28.87%	46.47%	11.62%	-37.38%	1.26%
Cost of Revenue	182.49	208.83	291.61	190.58	156.57	304.18
Gross Profit	188.4	221.09	312.77	222.06	213.13	286.15
Selling, General & Admin	143.46	152.23	145.29	105.98	94.98	82.41
Research & Development	37.52	42.24	44.94	42.95	41.67	36.7
Other Operating Expenses	-5.51	-4.82	-11.14	-12.21	-15.3	-24.41
Operating Expenses	182.1	198.8	190.78	156.59	143.73	112.81
Operating Income	6.31	22.29	121.99	65.47	69.4	173.34
Interest Expense	-0.14	-0.15	-0.09	-1.18	-0.75	-
Interest & Investment Income	13.9	17.23	21.59	16.32	22.63	23.32
Other Non Operating Income (Expenses)	3.08	3.07	-1.27	-2.3	-2	-0.7
EBT Excluding Unusual Items	23.15	42.45	142.22	78.31	89.27	195.95
Impairment of Goodwill	-8.44	-8.44	-6.54	-6.3	-12.99	-
Gain (Loss) on Sale of Investments	-1.31	-2.76	-1.7	-4.9	-	-
Gain (Loss) on Sale of Assets	0.51	0.75	-0.35	-4	0.01	-
Asset Writedown	-0.01	-0.01	-	-	-	-
Other Unusual Items	1.79	0.98	5.14	-	1.69	9.46
Pretax Income	15.69	32.97	138.78	63.11	77.98	205.41
Income Tax Expense	1.11	3.07	9.17	5.51	5.51	1.44
Earnings From Continuing Operations	14.58	29.9	129.61	57.6	72.47	203.97
Minority Interest in Earnings	5.25	6.48	1.43	11.35	10.17	6.38
Net Income	19.82	36.39	131.04	68.95	82.63	210.35
Net Income to Common	19.82	36.39	131.04	68.95	82.63	210.35
Net Income Growth	-85.22%	-72.23%	90.05%	-16.56%	-60.72%	2.59%
Shares Outstanding (Basic)	404	404	397	406	393	400
Shares Outstanding (Diluted)	404	404	397	406	393	400
Shares Change (YoY)	1.80%	1.82%	-2.10%	3.07%	-1.51%	-0.02%
EPS (Basic)	0.05	0.09	0.33	0.17	0.21	0.53
EPS (Diluted)	0.05	0.09	0.33	0.17	0.21	0.53
EPS Growth	-85.48%	-72.73%	94.12%	-19.05%	-60.11%	2.61%
Free Cash Flow	64.87	33.43	154.62	69.43	-0.64	46.08
Free Cash Flow Per Share	0.16	0.08	0.39	0.17	-0.00	0.12
Dividend Per Share	0.150	0.150	0.150	0.070	0.100	0.200
Dividend Growth	-	-	114.29%	-30.00%	-50.00%	-
Gross Margin	50.80%	51.43%	51.75%	53.81%	57.65%	48.47%
Operating Margin	1.70%	5.18%	20.18%	15.87%	18.77%	29.36%
Profit Margin	5.34%	8.46%	21.68%	16.71%	22.35%	35.63%
Free Cash Flow Margin	17.49%	7.78%	25.58%	16.83%	-0.17%	7.81%
EBITDA	17.8	36.55	147.3	84.7	83.84	184.42
EBITDA Margin	4.80%	8.50%	24.37%	20.53%	22.68%	31.24%
D&A For EBITDA	11.5	14.26	25.31	19.24	14.44	11.09
EBIT	6.31	22.29	121.99	65.47	69.4	173.34
EBIT Margin	1.70%	5.18%	20.18%	15.87%	18.77%	29.36%
Effective Tax Rate	7.09%	9.30%	6.61%	8.73%	7.07%	0.70%
Revenue as Reported	370.9	429.92	604.37	412.64	369.7	590.33

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