Astro-century Education&Technology Co.,Ltd (SHE:300654)

SHE:300654 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	529.02	525.34	501.04	432.96	408.05	354.35
Other Revenue	5.61	5.61	6.37	-	3.31	2.83
Revenue	534.63	530.95	507.41	432.96	411.35	357.18
Revenue Growth (YoY)	2.49%	4.64%	17.20%	5.25%	15.17%	-7.40%
Cost of Revenue	345.35	339.46	321.82	294.3	285.05	257.75
Gross Profit	189.28	191.49	185.59	138.66	126.3	99.43
Selling, General & Admin	132.43	133.8	127.91	91.12	81.84	71.61
Research & Development	6.37	5.74	5.22	4.67	4.22	1.37
Other Operating Expenses	1.4	1.33	1.49	2.63	2.14	2.37
Operating Expenses	140.43	141.1	135	98.92	88.97	76.18
Operating Income	48.85	50.39	50.59	39.74	37.33	23.25
Interest Expense	-0.13	-0.13	-0.15	-2.62	-0.04	-0.74
Interest & Investment Income	12.58	11.62	15.35	13.11	11.78	24.41
Other Non Operating Income (Expenses)	-1.46	-0.08	-0.06	-0.03	-0.06	-0.13
EBT Excluding Unusual Items	59.84	61.8	65.73	50.2	49.01	46.79
Gain (Loss) on Sale of Investments	-0.54	0.19	-0.97	1.42	2.36	2.29
Gain (Loss) on Sale of Assets	0.05	0.05	0.07	-	0.05	-
Asset Writedown	-0.61	-0.43	-0.04	-0.3	-0.06	-0.27
Other Unusual Items	0.42	0.42	-4.73	-1.41	-2.71	-2.99
Pretax Income	59.16	62.02	60.06	49.91	48.65	45.82
Income Tax Expense	16.22	17.52	16.67	13.23	13.01	12.51
Earnings From Continuing Operations	42.94	44.51	43.39	36.68	35.64	33.3
Minority Interest in Earnings	-1.82	-1.57	-1.05	-1.06	-0.99	-0.04
Net Income	41.12	42.94	42.34	35.62	34.64	33.27
Net Income to Common	41.12	42.94	42.34	35.62	34.64	33.27
Net Income Growth	-1.06%	1.42%	18.86%	2.81%	4.13%	-1.02%
Shares Outstanding (Basic)	359	358	353	356	310	314
Shares Outstanding (Diluted)	359	358	353	356	310	314
Shares Change (YoY)	0.53%	1.42%	-0.95%	14.95%	-1.36%	1.51%
EPS (Basic)	0.11	0.12	0.12	0.10	0.11	0.11
EPS (Diluted)	0.11	0.12	0.12	0.10	0.11	0.11
EPS Growth	-1.58%	-	20.00%	-10.55%	5.57%	-2.49%
Free Cash Flow	32.42	-13.13	16.71	19.46	-6.08	-23.1
Free Cash Flow Per Share	0.09	-0.04	0.05	0.06	-0.02	-0.07
Dividend Per Share	0.055	0.055	0.050	0.047	0.044	0.050
Dividend Growth	10.00%	10.00%	6.16%	6.80%	-11.80%	47.49%
Gross Margin	35.40%	36.07%	36.58%	32.03%	30.70%	27.84%
Operating Margin	9.14%	9.49%	9.97%	9.18%	9.07%	6.51%
Profit Margin	7.69%	8.09%	8.34%	8.23%	8.42%	9.31%
Free Cash Flow Margin	6.06%	-2.47%	3.29%	4.50%	-1.48%	-6.47%
EBITDA	54.62	56.86	59.85	47.29	44.64	29.99
EBITDA Margin	10.22%	10.71%	11.79%	10.92%	10.85%	8.40%
D&A For EBITDA	5.77	6.47	9.26	7.55	7.31	6.75
EBIT	48.85	50.39	50.59	39.74	37.33	23.25
EBIT Margin	9.14%	9.49%	9.97%	9.18%	9.07%	6.51%
Effective Tax Rate	27.42%	28.24%	27.76%	26.50%	26.74%	27.31%
Revenue as Reported	530.95	530.95	507.41	432.96	411.35	357.18
Advertising Expenses	-	4.24	2.49	1.17	3.08	3.03

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