SHA:600305 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	2,287	2,095	2,079	2,095	1,864
Other Revenue	-	100.87	27.12	44.46	28.9
Revenue	2,287	2,196	2,106	2,139	1,893
Revenue Growth (YoY)	4.13%	4.25%	-1.52%	12.98%	-6.45%
Cost of Revenue	1,546	1,436	1,415	1,411	1,184
Gross Profit	740.71	759.41	691.41	727.66	708.94
Selling, General & Admin	475.51	504.74	493.5	456.05	464.51
Research & Development	93.92	89.73	80.48	83.25	78.54
Other Operating Expenses	0.38	5.34	9.62	24.69	23.72
Operating Expenses	569.82	601.86	583.55	564.82	568.03
Operating Income	170.9	157.55	107.86	162.84	140.91
Interest Expense	-	-0.48	-1.18	-4.77	-6.8
Interest & Investment Income	-	3.23	4.95	1.98	1.74
Currency Exchange Gain (Loss)	-	0.6	0.21	-0.03	-0.03
Other Non Operating Income (Expenses)	-6.5	-0.88	1.02	0.11	-1.97
EBT Excluding Unusual Items	164.4	160.01	112.85	160.13	133.86
Gain (Loss) on Sale of Investments	-24.38	-0.02	-11.54	4.43	-4.04
Gain (Loss) on Sale of Assets	31	-3.3	-1.57	-11.09	2.06
Asset Writedown	-1.67	-30.03	-	-	-
Other Unusual Items	-	5.51	2.34	10.16	11.28
Pretax Income	169.35	132.17	102.09	163.64	143.16
Income Tax Expense	27.07	20.52	22.26	34.17	24.83
Earnings From Continuing Operations	142.29	111.65	79.83	129.48	118.33
Minority Interest in Earnings	1.35	15.69	7.07	8.52	0.59
Net Income	143.64	127.34	86.9	137.99	118.92
Net Income to Common	143.64	127.34	86.9	137.99	118.92
Net Income Growth	12.80%	46.54%	-37.03%	16.04%	-62.28%
Shares Outstanding (Basic)	1,105	1,061	1,066	993	998
Shares Outstanding (Diluted)	1,105	1,061	1,066	993	998
Shares Change (YoY)	4.12%	-0.47%	7.40%	-0.57%	-0.46%
EPS (Basic)	0.13	0.12	0.08	0.14	0.12
EPS (Diluted)	0.13	0.12	0.08	0.14	0.12
EPS Growth	8.33%	47.24%	-41.37%	16.71%	-62.11%
Free Cash Flow	35.37	198.55	-83.86	-14.13	180.66
Free Cash Flow Per Share	0.03	0.19	-0.08	-0.01	0.18
Dividend Per Share	-	0.100	0.070	0.110	0.101
Dividend Growth	-	42.86%	-36.36%	8.91%	-35.67%
Gross Margin	32.39%	34.58%	32.82%	34.02%	37.44%
Operating Margin	7.47%	7.17%	5.12%	7.61%	7.44%
Profit Margin	6.28%	5.80%	4.13%	6.45%	6.28%
Free Cash Flow Margin	1.55%	9.04%	-3.98%	-0.66%	9.54%
EBITDA	273.99	240.16	191.67	247.96	224.74
EBITDA Margin	11.98%	10.94%	9.10%	11.59%	11.87%
D&A For EBITDA	103.09	82.62	83.81	85.12	83.83
EBIT	170.9	157.55	107.86	162.84	140.91
EBIT Margin	7.47%	7.17%	5.12%	7.61%	7.44%
Effective Tax Rate	15.98%	15.53%	21.81%	20.88%	17.34%
Revenue as Reported	-	2,196	2,106	2,139	1,893
Advertising Expenses	-	223.64	252.07	198.26	218.36

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