Western Regions Tourism Development Co.,Ltd (SHE:300859)

SHE:300859 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	294.68	294.81	296.95	98.8	146.38	48.98
Other Revenue	8.91	8.91	8.31	3.48	3.06	2.21
Revenue	303.59	303.71	305.26	102.28	149.45	51.19
Revenue Growth (YoY)	-2.16%	-0.51%	198.46%	-31.56%	191.96%	-78.76%
Cost of Revenue	148.7	134.88	122.17	74.47	82.36	50.69
Gross Profit	154.89	168.84	183.09	27.81	67.09	0.5
Selling, General & Admin	67.43	64.87	63.22	33.92	36.46	39.5
Other Operating Expenses	3.61	3.76	2.64	2.26	1.47	0.88
Operating Expenses	70.46	68.11	66.42	36.42	38.35	40.56
Operating Income	84.43	100.73	116.68	-8.6	28.73	-40.06
Interest Expense	-4.15	-2.89	-0.67	-2.25	-3.77	-3.71
Interest & Investment Income	1.25	2.28	4.76	4.75	5.33	0.42
Earnings From Equity Investments	7.24	7.31	6.62	-	-	-
Other Non Operating Income (Expenses)	-0.38	-0.13	-0.01	-0.12	-2.82	-0.51
EBT Excluding Unusual Items	88.4	107.3	127.38	-6.23	27.47	-43.86
Impairment of Goodwill	-	-	-	-	-	-0.91
Gain (Loss) on Sale of Investments	-	-	-	-0.59	-0.34	-2.07
Gain (Loss) on Sale of Assets	0.61	0.61	-0.01	0.04	0.05	0.41
Asset Writedown	-	-	-0.1	-3.07	0	-0.2
Other Unusual Items	0.31	0.31	0.56	2.23	1.55	3.18
Pretax Income	89.32	108.23	127.84	-7.61	28.74	-43.46
Income Tax Expense	21.73	21.73	20.82	1.91	1.79	0.27
Earnings From Continuing Operations	67.59	86.49	107.02	-9.51	26.95	-43.73
Minority Interest in Earnings	1.29	0.02	-1.44	0.21	0	0.47
Net Income	68.88	86.51	105.58	-9.3	26.95	-43.26
Net Income to Common	68.88	86.51	105.58	-9.3	26.95	-43.26
Net Income Growth	-35.38%	-18.06%	-	-	-	-
Shares Outstanding (Basic)	156	154	155	155	159	131
Shares Outstanding (Diluted)	156	154	155	155	159	131
Shares Change (YoY)	2.58%	-0.50%	0.16%	-2.22%	20.95%	12.28%
EPS (Basic)	0.44	0.56	0.68	-0.06	0.17	-0.33
EPS (Diluted)	0.44	0.56	0.68	-0.06	0.17	-0.33
EPS Growth	-37.01%	-17.65%	-	-	-	-
Free Cash Flow	-116.05	-116.47	108.81	12.8	48.39	-56.95
Free Cash Flow Per Share	-0.74	-0.75	0.70	0.08	0.30	-0.43
Dividend Per Share	0.300	0.300	0.300	-	0.100	-
Gross Margin	51.02%	55.59%	59.98%	27.19%	44.89%	0.97%
Operating Margin	27.81%	33.17%	38.22%	-8.41%	19.23%	-78.26%
Profit Margin	22.69%	28.48%	34.59%	-9.09%	18.03%	-84.51%
Free Cash Flow Margin	-38.22%	-38.35%	35.65%	12.51%	32.38%	-111.26%
EBITDA	119.29	134.67	146.94	19.08	53.83	-14.01
EBITDA Margin	39.29%	44.34%	48.14%	18.66%	36.02%	-27.37%
D&A For EBITDA	34.85	33.94	30.26	27.68	25.1	26.05
EBIT	84.43	100.73	116.68	-8.6	28.73	-40.06
EBIT Margin	27.81%	33.17%	38.22%	-8.41%	19.23%	-78.26%
Effective Tax Rate	24.33%	20.08%	16.29%	-	6.22%	-
Revenue as Reported	303.59	303.71	305.26	102.28	149.45	51.19
Advertising Expenses	-	0.92	0.26	0.08	0.87	0.64

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