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	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	2,089	2,109	2,168	2,157	2,853	2,495
Other Revenue	24.42	25.79	29.01	39.68	-	45.11
Revenue	2,114	2,135	2,197	2,197	2,853	2,540
Revenue Growth	-5.46%	-2.82%	0.01%	-23.01%	12.33%	84.38%
Cost of Revenue	1,612	1,631	1,806	1,929	2,311	1,894
Gross Profit	501.85	503.72	391.6	267.46	542.86	646.2
Selling, General & Admin	237.86	233.57	216.2	195.96	227.42	188.39
Research & Development	76.42	72.76	72.46	36.11	20.68	17.77
Other Operating Expenses	16.92	17.91	11.77	16.94	19.41	24.7
Operating Expenses	336.51	327.89	304.82	254.42	280.47	235.87
Operating Income	165.34	175.83	86.79	13.04	262.39	410.33
Interest Expense	-1.11	-1.3	-3.02	-10.65	-6.54	-5.7
Interest & Investment Income	6.6	7.58	11.02	7.5	5.43	5.11
Currency Exchange Gain (Loss)	-8.87	-0.98	4.51	3.02	15.25	-3.57
Other Non Operating Income (Expenses)	-1.29	-1.37	2.53	-3.98	-2.77	1.06
EBT Excluding Unusual Items	160.67	179.77	101.83	8.93	273.75	407.23
Gain (Loss) on Sale of Investments	-	-	-1.5	-	-	-
Gain (Loss) on Sale of Assets	1.45	-5.04	2.34	30.22	-5.85	-5.58
Asset Writedown	-38.51	-38.51	-0.6	-	-0.9	-
Other Unusual Items	4.57	3.57	14.87	33.67	8.52	6.96
Pretax Income	128.18	139.79	116.94	72.82	275.52	408.61
Income Tax Expense	20.29	22.05	17.76	28.91	35.44	59.28
Earnings From Continuing Operations	107.9	117.74	99.17	43.91	240.08	349.32
Minority Interest in Earnings	-9.28	-24.91	-10.09	-17.46	-25.22	-55.68
Net Income	98.62	92.83	89.08	26.45	214.86	293.64
Net Income to Common	98.62	92.83	89.08	26.45	214.86	293.64
Net Income Growth	-31.50%	4.21%	236.77%	-87.69%	-26.83%	432.89%
Shares Outstanding (Basic)	342	344	343	294	290	294
Shares Outstanding (Diluted)	342	344	343	294	290	294
Shares Change	-0.92%	0.35%	16.57%	1.23%	-1.12%	1.25%
EPS (Basic)	0.29	0.27	0.26	0.09	0.74	1.00
EPS (Diluted)	0.29	0.27	0.26	0.09	0.74	1.00
EPS Growth	-30.86%	3.85%	188.89%	-87.84%	-26.00%	426.32%

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	-19.78	-36.97	30.86	121.62	159.64	180.75
Free Cash Flow Per Share	-0.06	-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	-20.00%	33.33%	200.00%	-87.50%	-20.00%	400.00%
Gross Margin	23.74%	23.59%	17.82%	12.17%	19.02%	25.44%
Operating Margin	7.82%	8.24%	3.95%	0.59%	9.20%	16.15%
Profit Margin	4.67%	4.35%	4.05%	1.20%	7.53%	11.56%
Free Cash Flow Margin	-0.94%	-1.73%	1.40%	5.54%	5.59%	7.12%
EBITDA	318.82	325.68	251.19	170.33	422.85	560.93
EBITDA Margin	15.08%	15.25%	11.43%	7.75%	14.82%	22.08%
D&A For EBITDA	153.48	149.84	164.4	157.29	160.46	150.6
EBIT	165.34	175.83	86.79	13.04	262.39	410.33
EBIT Margin	7.82%	8.24%	3.95%	0.59%	9.20%	16.15%
Effective Tax Rate	15.83%	15.77%	15.19%	39.71%	12.86%	14.51%
Revenue as Reported	2,114	2,135	2,197	2,197	2,853	2,540