Giant Network Group Co., Ltd. (SHE:002558)

Giant Network Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,919	2,910	2,025	2,111	2,203
Other Revenue	4.24	13.76	12.71	12.79	13.94
Revenue	2,923	2,924	2,038	2,124	2,217
Revenue Growth (YoY)	-0.04%	43.50%	-4.08%	-4.20%	-13.77%
Cost of Revenue	370.04	323.94	325.29	321.73	373.09
Gross Profit	2,553	2,600	1,712	1,803	1,844
Selling, General & Admin	1,226	1,198	544.48	623.1	584.51
Research & Development	691.45	691.99	642.58	713.36	720.99
Other Operating Expenses	-123.53	-107.55	-53.58	-89.22	-68.53
Operating Expenses	1,793	1,783	1,135	1,289	1,236
Operating Income	759.51	817.22	577.59	513.36	607.75
Interest Expense	-24.55	-21.51	-17.8	-17.63	-24.29
Interest & Investment Income	682.25	504.87	392.57	667.01	523.79
Currency Exchange Gain (Loss)	-0.45	-0.44	-0.83	0.23	0.4
Other Non Operating Income (Expenses)	5.73	-0.76	-6.85	-3.05	1.21
EBT Excluding Unusual Items	1,422	1,299	944.68	1,160	1,109
Impairment of Goodwill	-	-17.22	-	-	-
Gain (Loss) on Sale of Investments	15.98	-192.47	-152.73	-109.33	-10.11
Gain (Loss) on Sale of Assets	-2.88	-0.58	-0.96	-15.39	0.16
Asset Writedown	-	-	-	-9.09	-27.87
Other Unusual Items	11.75	12.32	38.7	3.2	17.45
Pretax Income	1,447	1,101	829.69	1,029	1,088
Income Tax Expense	16.4	9.6	-4.16	39.76	47.73
Earnings From Continuing Operations	1,431	1,092	833.85	989.54	1,041
Minority Interest in Earnings	-6.05	-5.37	17.1	4.97	-11.75
Net Income	1,425	1,086	850.95	994.51	1,029
Net Income to Common	1,425	1,086	850.95	994.51	1,029
Net Income Growth	31.15%	27.67%	-14.44%	-3.35%	25.48%
Shares Outstanding (Basic)	1,827	1,841	1,850	1,876	1,906
Shares Outstanding (Diluted)	1,827	1,841	1,850	1,876	1,906
Shares Change (YoY)	-0.79%	-0.46%	-1.41%	-1.53%	-4.73%
EPS (Basic)	0.78	0.59	0.46	0.53	0.54
EPS (Diluted)	0.78	0.59	0.46	0.53	0.54
EPS Growth	32.20%	28.26%	-13.21%	-1.85%	31.71%
Free Cash Flow	846.83	1,036	623.46	427.64	876.64
Free Cash Flow Per Share	0.46	0.56	0.34	0.23	0.46
Dividend Per Share	0.280	0.210	0.160	0.160	0.160
Dividend Growth	33.33%	31.25%	-	-	23.08%
Gross Margin	87.34%	88.92%	84.04%	84.86%	83.17%
Operating Margin	25.99%	27.95%	28.34%	24.17%	27.41%
Profit Margin	48.75%	37.15%	41.76%	46.82%	46.41%
Free Cash Flow Margin	28.97%	35.44%	30.60%	20.13%	39.54%
EBITDA	797.4	862.87	634.54	598.99	702.82
EBITDA Margin	27.28%	29.51%	31.14%	28.20%	31.70%
D&A For EBITDA	37.89	45.65	56.95	85.64	95.06
EBIT	759.51	817.22	577.59	513.36	607.75
EBIT Margin	25.99%	27.95%	28.34%	24.17%	27.41%
Effective Tax Rate	1.13%	0.87%	-	3.86%	4.38%
Revenue as Reported	2,923	2,924	2,038	2,124	2,217
Advertising Expenses	612.99	746.15	225.69	213	209.12

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