Guangdong Southern New Media Co.,Ltd. (SHE:300770)

SHE:300770 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	1,615	1,553	1,506	1,415	1,391	1,208
Other Revenue	25.43	25.43	17.37	14.01	18.07	12.48
Revenue	1,641	1,579	1,523	1,429	1,409	1,221
Revenue Growth (YoY)	3.24%	3.63%	6.64%	1.39%	15.43%	22.56%
Cost of Revenue	824.61	786.17	736.57	659.9	644.07	521.26
Gross Profit	816.17	792.59	786.87	768.75	764.98	699.43
Selling, General & Admin	95.27	88.36	86.57	100.61	70.98	96.65
Research & Development	54.41	50.76	49.27	47.46	46.34	38.26
Other Operating Expenses	3.51	5.43	3.75	4.85	-5.06	-3
Operating Expenses	158.54	153.79	145.82	148.46	108.72	142.64
Operating Income	657.63	638.8	641.05	620.29	656.27	556.79
Interest Expense	-0.28	-0.49	-0.72	-0.16	-0.18	-
Interest & Investment Income	62.16	56.84	78.48	74.9	58.55	46.82
Other Non Operating Income (Expenses)	-24.85	-20.75	-18.38	-15.82	-15.19	-10.95
EBT Excluding Unusual Items	694.66	674.41	700.43	679.22	699.44	592.65
Impairment of Goodwill	-	-	-	-	-12.55	-26.74
Gain (Loss) on Sale of Investments	-0.45	-1.7	-9.62	-3.3	-1.21	-
Gain (Loss) on Sale of Assets	-	-	0.03	-0.03	-0.07	-0
Asset Writedown	-4.49	-0.01	-3.23	-1.1	-14.95	-1.23
Other Unusual Items	0.07	0.07	11.97	18.44	10.65	15.75
Pretax Income	689.79	672.77	699.58	693.23	681.3	580.43
Income Tax Expense	-51.7	15.01	-7.89	2.55	2.93	5.46
Earnings From Continuing Operations	741.5	657.76	707.47	690.68	678.37	574.97
Minority Interest in Earnings	0.66	0.1	0.21	0.64	1.36	-0.04
Net Income	742.16	657.86	707.68	691.32	679.74	574.93
Net Income to Common	742.16	657.86	707.68	691.32	679.74	574.93
Net Income Growth	16.72%	-7.04%	2.37%	1.70%	18.23%	45.30%
Shares Outstanding (Basic)	229	229	229	229	230	231
Shares Outstanding (Diluted)	229	229	229	229	230	231
Shares Change (YoY)	0.18%	0.09%	0.05%	-0.32%	-0.54%	9.12%
EPS (Basic)	3.24	2.87	3.09	3.02	2.96	2.49
EPS (Diluted)	3.24	2.87	3.09	3.02	2.96	2.49
EPS Growth	16.50%	-7.12%	2.32%	2.03%	18.88%	33.16%
Free Cash Flow	116.48	305.75	540.87	873.84	840.41	339
Free Cash Flow Per Share	0.51	1.33	2.36	3.82	3.66	1.47
Dividend Per Share	2.860	1.560	1.860	1.360	1.200	0.800
Dividend Growth	53.76%	-16.13%	36.77%	13.33%	50.00%	60.00%
Gross Margin	49.74%	50.20%	51.65%	53.81%	54.29%	57.30%
Operating Margin	40.08%	40.46%	42.08%	43.42%	46.58%	45.61%
Profit Margin	45.23%	41.67%	46.45%	48.39%	48.24%	47.10%
Free Cash Flow Margin	7.10%	19.37%	35.50%	61.17%	59.64%	27.77%
EBITDA	663.77	675.81	719.21	739.34	836.23	674.14
EBITDA Margin	40.45%	42.81%	47.21%	51.75%	59.35%	55.23%
D&A For EBITDA	6.13	37	78.16	119.05	179.97	117.35
EBIT	657.63	638.8	641.05	620.29	656.27	556.79
EBIT Margin	40.08%	40.46%	42.08%	43.42%	46.58%	45.61%
Effective Tax Rate	-	2.23%	-	0.37%	0.43%	0.94%
Revenue as Reported	1,641	1,579	1,523	1,429	1,409	1,221
Advertising Expenses	-	23.63	24.26	36.8	39.69	40.67

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.