China Literature Ltd

Common Name
China Literature
Country
China (Mainland)
Sector
Communication Services
Industry
Internet Content & Information
Employees
1,730
Ticker
772
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. It operates through Online business, and Intellectual Property Operat...

Financial Statements of China Literature

Below are the financial statements of China Literature, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of CNY20242023
Revenues
8,121.08a
7,011.79a
Cost of revenues
-4,199.14a
-3,640.32a
Gross profit
3,921.94a
3,371.46a
Interest income
178.32a
166.32a
Other (losses)/gains, net
-973.89a
11.49a
Selling and marketing expenses
-2,261a
-1,719.52a
General and administrative expenses
-1,143.5a
-1,161.04a
Net (provision for)/reversal of impairment losses on financial assets
-57.98a
-40.59a
Operating (loss)/profit
-336.12a
709.31a
Finance costs, net
-1.84a
-12.89a
Share of net profit of associates and joint ventures
239.03a
204.98a
(Loss)/profit before income tax
-98.93a
901.4a
Income tax expense
-110.67a
-97.85a
(Loss)/profit for the year
-209.6a
803.55a
(Loss)/profit attributable to
Equity holders of the Company
-209.22a
804.88a
Non-controlling interests
-0.38a
-1.33a

Verified Sources Behind China Literature’s Financial Fundamentals Data

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a. China Literature's Annual Report 2024
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