SHA:600367 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	Mar '26 Mar 31, 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	2,050	2,109	2,168	2,157	2,853	2,495
Other Revenue	25.79	25.79	29.01	39.68	-	45.11
Revenue	2,075	2,135	2,197	2,197	2,853	2,540
Revenue Growth (YoY)	-7.24%	-2.82%	0.01%	-23.01%	12.33%	84.38%
Cost of Revenue	1,586	1,631	1,806	1,929	2,311	1,894
Gross Profit	489.01	503.72	391.6	267.46	542.86	646.2
Selling, General & Admin	233.92	233.57	216.2	195.96	227.42	188.39
Research & Development	71.82	72.76	72.46	36.11	20.68	17.77
Other Operating Expenses	15.77	17.91	11.77	16.94	19.41	24.7
Operating Expenses	322.4	327.89	304.82	254.42	280.47	235.87
Operating Income	166.61	175.83	86.79	13.04	262.39	410.33
Interest Expense	-1.29	-1.3	-3.02	-10.65	-6.54	-5.7
Interest & Investment Income	7.49	7.58	11.02	7.5	5.43	5.11
Currency Exchange Gain (Loss)	-0.98	-0.98	4.51	3.02	15.25	-3.57
Other Non Operating Income (Expenses)	-4.97	-1.37	2.53	-3.98	-2.77	1.06
EBT Excluding Unusual Items	166.86	179.77	101.83	8.93	273.75	407.23
Gain (Loss) on Sale of Investments	-	-	-1.5	-	-	-
Gain (Loss) on Sale of Assets	-2.98	-5.04	2.34	30.22	-5.85	-5.58
Asset Writedown	-39.21	-38.51	-0.6	-	-0.9	-
Other Unusual Items	3.56	3.57	14.87	33.67	8.52	6.96
Pretax Income	128.23	139.79	116.94	72.82	275.52	408.61
Income Tax Expense	19.67	22.05	17.76	28.91	35.44	59.28
Earnings From Continuing Operations	108.56	117.74	99.17	43.91	240.08	349.32
Minority Interest in Earnings	-16.39	-24.91	-10.09	-17.46	-25.22	-55.68
Net Income	92.17	92.83	89.08	26.45	214.86	293.64
Net Income to Common	92.17	92.83	89.08	26.45	214.86	293.64
Net Income Growth	-17.75%	4.21%	236.77%	-87.69%	-26.83%	432.89%
Shares Outstanding (Basic)	352	344	343	294	290	294
Shares Outstanding (Diluted)	352	344	343	294	290	294
Shares Change (YoY)	2.06%	0.35%	16.57%	1.23%	-1.12%	1.25%
EPS (Basic)	0.26	0.27	0.26	0.09	0.74	1.00
EPS (Diluted)	0.26	0.27	0.26	0.09	0.74	1.00
EPS Growth	-19.41%	3.85%	188.89%	-87.84%	-26.00%	426.32%
Free Cash Flow	-41.76	-36.97	30.86	121.62	159.64	180.75
Free Cash Flow Per Share	-0.12	-0.11	0.09	0.41	0.55	0.62
Dividend Per Share	0.040	0.040	0.030	0.010	0.080	0.100
Dividend Growth	33.33%	33.33%	200.00%	-87.50%	-20.00%	400.00%
Gross Margin	23.56%	23.59%	17.82%	12.17%	19.02%	25.44%
Operating Margin	8.03%	8.24%	3.95%	0.59%	9.20%	16.15%
Profit Margin	4.44%	4.35%	4.05%	1.20%	7.53%	11.56%
Free Cash Flow Margin	-2.01%	-1.73%	1.40%	5.54%	5.59%	7.12%
EBITDA	312.81	325.68	251.19	170.33	422.85	560.93
EBITDA Margin	15.07%	15.25%	11.43%	7.75%	14.82%	22.08%
D&A For EBITDA	146.2	149.84	164.4	157.29	160.46	150.6
EBIT	166.61	175.83	86.79	13.04	262.39	410.33
EBIT Margin	8.03%	8.24%	3.95%	0.59%	9.20%	16.15%
Effective Tax Rate	15.34%	15.77%	15.19%	39.71%	12.86%	14.51%
Revenue as Reported	2,075	2,135	2,197	2,197	2,853	2,540

Source: S&P Global Market Intelligence. Standard template. Financial Sources.