IQ — IQIYI Income Statement

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Annual income statement for IQIYI, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	20-F	20-F	20-F	20-F	20-F
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	28,994	29,707	30,554	28,998	31,873
Cost of Revenue
Gross Profit	-1,355	6,747	9,162	12,038	15,319
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	38,251	35,748	35,034	27,317	28,883
Operating Profit	-9,258	-6,041	-4,479	1,680	2,989
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-10,225	-6,984	-6,012	-33.8	2,033
Provision for Income Taxes
Net Income After Taxes	-10,277	-7,007	-6,109	-118	1,953
Minority Interest
Net Income Before Extraordinary Items
Net Income	-10,323	-7,038	-6,170	-136	1,925
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-10,325	-7,045	-6,190	-136	1,925
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-1.99	-1.23	-1.07	-0.006	0.357