SHA:600527 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	519.65	518.07	797.69	808.21	858.83
Other Revenue	-	22.71	22.78	22.75	15.98
Revenue	519.65	540.78	820.47	830.97	874.82
Revenue Growth (YoY)	-3.91%	-34.09%	-1.26%	-5.01%	-23.57%
Cost of Revenue	466.88	474.2	744.6	700.82	727.21
Gross Profit	52.77	66.58	75.88	130.14	147.61
Selling, General & Admin	24.35	23.8	22.03	22.18	30.92
Research & Development	22.96	29.6	32.53	30.41	34.42
Other Operating Expenses	3.43	8.55	7.32	8.43	6.34
Operating Expenses	50.74	61.75	62.2	61.29	71.88
Operating Income	2.03	4.83	13.68	68.86	75.73
Interest Expense	-	-0.24	-0.32	-0.57	-0.39
Interest & Investment Income	4	23.59	31.97	21.99	36.74
Currency Exchange Gain (Loss)	-	0.34	0.25	1.62	-1.45
Other Non Operating Income (Expenses)	17.99	-0.09	-0.07	-0.07	-0.18
EBT Excluding Unusual Items	24.02	28.44	45.51	91.83	110.45
Impairment of Goodwill	-	-	-	-1.5	-
Gain (Loss) on Sale of Investments	-0.71	0.29	-0.08	-0.67	0.51
Gain (Loss) on Sale of Assets	0.03	-	0.09	-	-
Asset Writedown	-0.46	-	-	-	-
Other Unusual Items	-	10.44	5.69	5.06	3.48
Pretax Income	22.88	39.37	51.24	94.72	114.44
Income Tax Expense	1.79	1.3	5.25	11.12	11.87
Earnings From Continuing Operations	21.09	38.07	46	83.59	102.57
Net Income	21.09	38.07	46	83.59	102.57
Net Income to Common	21.09	38.07	46	83.59	102.57
Net Income Growth	-44.60%	-17.23%	-44.98%	-18.50%	-55.92%
Shares Outstanding (Basic)	1,758	1,731	1,704	1,742	1,732
Shares Outstanding (Diluted)	1,758	1,731	1,704	1,742	1,732
Shares Change (YoY)	1.56%	1.58%	-2.18%	0.56%	-0.27%
EPS (Basic)	0.01	0.02	0.03	0.05	0.06
EPS (Diluted)	0.01	0.02	0.03	0.05	0.06
EPS Growth	-45.45%	-18.52%	-43.75%	-18.64%	-55.97%
Free Cash Flow	44.34	259.11	-51.51	112.62	-85.52
Free Cash Flow Per Share	0.03	0.15	-0.03	0.07	-0.05
Dividend Per Share	-	0.050	0.050	0.100	0.070
Dividend Growth	-	-	-50.00%	42.86%	-30.00%
Gross Margin	10.15%	12.31%	9.25%	15.66%	16.87%
Operating Margin	0.39%	0.89%	1.67%	8.29%	8.66%
Profit Margin	4.06%	7.04%	5.61%	10.06%	11.72%
Free Cash Flow Margin	8.53%	47.91%	-6.28%	13.55%	-9.78%
EBITDA	97.17	100.35	95.78	138.02	141.85
EBITDA Margin	18.70%	18.56%	11.67%	16.61%	16.21%
D&A For EBITDA	95.14	95.52	82.11	69.17	66.13
EBIT	2.03	4.83	13.68	68.86	75.73
EBIT Margin	0.39%	0.89%	1.67%	8.29%	8.66%
Effective Tax Rate	7.83%	3.30%	10.24%	11.74%	10.37%
Revenue as Reported	-	540.78	820.47	830.97	874.82

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