TravelSky Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	8,967	8,748	8,789	6,936	5,178	5,432
Other Revenue	16.09	17.78	33.78	47.45	32.6	44.6
Revenue	8,983	8,766	8,823	6,984	5,210	5,476
Revenue Growth	3.55%	-0.65%	26.33%	34.04%	-4.86%	-0.17%
Cost of Revenue	4,280	4,307	4,310	3,317	3,090	3,312
Gross Profit	4,704	4,459	4,513	3,667	2,120	2,164
Selling, General & Admin	1,384	1,418	1,434	1,191	1,029	1,046
Research & Development	640.97	615.64	824.64	863.04	701.71	973.76
Other Operating Expenses	84.14	83.71	82.44	9.16	-4.77	-5.4
Operating Expenses	2,229	2,079	2,481	2,356	1,791	1,639
Operating Income	2,474	2,380	2,032	1,311	328.84	525.33
Interest Expense	-25.37	-20.65	-11.48	-15.19	-12.42	-2.84
Interest & Investment Income	188.09	199.58	279.76	240.29	189.96	156.45
Currency Exchange Gain (Loss)	12.17	12.17	23.6	9.76	17.56	-5.96
Other Non Operating Income (Expenses)	-4.81	-2.45	-10.18	5.55	30.89	-9.38
EBT Excluding Unusual Items	2,644	2,568	2,314	1,551	554.84	663.61
Gain (Loss) on Sale of Investments	122	127.18	77.61	68.31	36.81	9.93
Gain (Loss) on Sale of Assets	0.01	2.74	1.83	2.66	135.98	-0.85
Asset Writedown	-0.67	-0.67	0.2	-0.91	0.38	-23.17
Other Unusual Items	-19.68	-12.78	1.12	-9.39	7.13	14.37
Pretax Income	2,746	2,685	2,395	1,612	735.14	663.88
Income Tax Expense	228.33	278.83	265.96	164.26	55.29	52.78
Earnings From Continuing Operations	2,518	2,406	2,129	1,448	679.85	611.1
Minority Interest in Earnings	-80.89	-64.34	-54.29	-48.92	-52.8	-59.8
Net Income	2,437	2,342	2,074	1,399	627.05	551.3
Net Income to Common	2,437	2,342	2,074	1,399	627.05	551.3
Net Income Growth	13.10%	12.89%	48.27%	123.10%	13.74%	51.96%
Shares Outstanding (Basic)	2,926	2,926	2,926	2,926	2,926	2,926
Shares Outstanding (Diluted)	2,926	2,926	2,926	2,926	2,926	2,926
Shares Change	-	-	-	-	-	-
EPS (Basic)	0.83	0.80	0.71	0.48	0.21	0.19
EPS (Diluted)	0.83	0.80	0.71	0.48	0.21	0.19
EPS Growth	14.08%	12.86%	48.27%	127.66%	11.46%	57.00%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	-	2,081	2,172	-390.47	1,042	2,461
Free Cash Flow Per Share	-	0.71	0.74	-0.13	0.36	0.84
Dividend Per Share	0.276	0.276	0.239	0.160	0.053	0.055
Dividend Growth	15.48%	15.48%	49.38%	201.89%	-3.64%	243.75%
Gross Margin	52.36%	50.87%	51.15%	52.51%	40.70%	39.52%
Operating Margin	27.54%	27.15%	23.03%	18.77%	6.31%	9.59%
Profit Margin	27.13%	26.71%	23.51%	20.03%	12.04%	10.07%
Free Cash Flow Margin	-	23.74%	24.62%	-5.59%	19.99%	44.95%
EBITDA	2,826	2,722	3,161	2,210	1,267	1,456
EBITDA Margin	31.45%	31.05%	35.83%	31.64%	24.32%	26.59%
D&A For EBITDA	351.17	342.14	1,129	898.87	938.44	931
EBIT	2,474	2,380	2,032	1,311	328.84	525.33
EBIT Margin	27.54%	27.15%	23.03%	18.77%	6.31%	9.59%
Effective Tax Rate	8.31%	10.39%	11.11%	10.19%	7.52%	7.95%
Revenue as Reported	8,983	8,766	8,823	6,984	5,210	5,476
Advertising Expenses	-	2.43	1.78	0.53	-	-