TravelSky Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	8,748	8,789	6,936	5,178	5,432
Other Revenue	17.78	33.78	47.45	32.6	44.6
Revenue	8,766	8,823	6,984	5,210	5,476
Revenue Growth (YoY)	-0.65%	26.33%	34.04%	-4.86%	-0.17%
Cost of Revenue	4,307	4,310	3,317	3,090	3,312
Gross Profit	4,459	4,513	3,667	2,120	2,164
Selling, General & Admin	1,418	1,434	1,191	1,029	1,046
Research & Development	615.64	824.64	863.04	701.71	973.76
Other Operating Expenses	83.71	82.44	9.16	-4.77	-5.4
Operating Expenses	2,079	2,481	2,356	1,791	1,639
Operating Income	2,380	2,032	1,311	328.84	525.33
Interest Expense	-20.65	-11.48	-15.19	-12.42	-2.84
Interest & Investment Income	199.58	279.76	240.29	189.96	156.45
Currency Exchange Gain (Loss)	-	23.6	9.76	17.56	-5.96
Other Non Operating Income (Expenses)	-11.99	-2	5.55	30.89	-9.38
EBT Excluding Unusual Items	2,547	2,322	1,551	554.84	663.61
Gain (Loss) on Sale of Investments	127.18	77.61	68.31	36.81	9.93
Gain (Loss) on Sale of Assets	2.74	1.83	2.66	135.98	-0.85
Asset Writedown	-	0.2	-0.91	0.38	-23.17
Other Unusual Items	8.27	-7.06	-9.39	7.13	14.37
Pretax Income	2,685	2,395	1,612	735.14	663.88
Income Tax Expense	278.83	265.96	164.26	55.29	52.78
Earnings From Continuing Operations	2,406	2,129	1,448	679.85	611.1
Minority Interest in Earnings	-64.34	-54.29	-48.92	-52.8	-59.8
Net Income	2,342	2,074	1,399	627.05	551.3
Net Income to Common	2,342	2,074	1,399	627.05	551.3
Net Income Growth	12.89%	48.27%	123.10%	13.74%	51.96%
Shares Outstanding (Basic)	2,926	2,926	2,926	2,926	2,926
Shares Outstanding (Diluted)	2,926	2,926	2,926	2,926	2,926
EPS (Basic)	0.80	0.71	0.48	0.21	0.19
EPS (Diluted)	0.80	0.71	0.48	0.21	0.19
EPS Growth	12.86%	48.27%	127.66%	11.46%	57.00%
Free Cash Flow	2,022	2,172	-390.47	1,042	2,461
Free Cash Flow Per Share	0.69	0.74	-0.13	0.36	0.84
Dividend Per Share	0.276	0.239	0.160	0.053	0.055
Dividend Growth	15.48%	49.38%	201.89%	-3.64%	243.75%
Gross Margin	50.87%	51.15%	52.51%	40.70%	39.52%
Operating Margin	27.15%	23.03%	18.77%	6.31%	9.59%
Profit Margin	26.71%	23.51%	20.03%	12.04%	10.07%
Free Cash Flow Margin	23.07%	24.62%	-5.59%	19.99%	44.95%
EBITDA	3,279	2,699	2,210	1,267	1,456
EBITDA Margin	37.41%	30.59%	31.64%	24.32%	26.59%
D&A For EBITDA	899.33	667.28	898.87	938.44	931
EBIT	2,380	2,032	1,311	328.84	525.33
EBIT Margin	27.15%	23.03%	18.77%	6.31%	9.59%
Effective Tax Rate	10.39%	11.11%	10.19%	7.52%	7.95%
Revenue as Reported	8,766	8,823	6,984	5,210	5,476
Advertising Expenses	-	1.78	0.53	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.