SHA:600560 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	653.32	727.57	934.53	725.6	690.33	678.06
Other Revenue	11.85	11.85	15.05	9.6	16.46	17.82
Revenue	665.17	739.42	949.58	735.2	706.79	695.88
Revenue Growth (YoY)	-12.98%	-22.13%	29.16%	4.02%	1.57%	5.42%
Cost of Revenue	481.53	532.96	770.72	570.89	553.01	527.67
Gross Profit	183.64	206.46	178.86	164.31	153.78	168.21
Selling, General & Admin	59.41	67.76	66.03	60.48	62.08	52.94
Research & Development	36.73	45.95	42.6	55.67	55.66	52.21
Other Operating Expenses	-1.4	2.62	4.18	5.82	8.16	2.4
Operating Expenses	120.7	152.66	130.87	123.87	115.16	135.5
Operating Income	62.94	53.8	47.99	40.44	38.61	32.71
Interest Expense	-0.79	-0.03	-0.08	-	-	-
Interest & Investment Income	0.73	4.75	6.63	6.77	5.23	5.13
Currency Exchange Gain (Loss)	-	-	0	-	-0.02	-
Other Non Operating Income (Expenses)	-3.25	-4.48	0.74	-0.07	-1.25	-4.89
EBT Excluding Unusual Items	59.63	54.04	55.29	47.15	42.58	32.95
Gain (Loss) on Sale of Investments	-0.53	0	-0	-0.01	0.01	-0.01
Gain (Loss) on Sale of Assets	1.39	1.38	-0.01	-0.02	-0.04	-0.02
Asset Writedown	-0.2	-	-	-	-	-0.6
Other Unusual Items	5.11	5.07	3.87	2.64	8.8	8.67
Pretax Income	65.41	60.49	59.14	49.76	51.35	40.98
Income Tax Expense	7.84	3.16	3.81	1.81	2.88	0.72
Earnings From Continuing Operations	57.56	57.33	55.34	47.96	48.47	40.26
Minority Interest in Earnings	-5.95	-4.72	-2.83	-3.94	-2.19	-2.21
Net Income	51.61	52.61	52.51	44.02	46.28	38.06
Net Income to Common	51.61	52.61	52.51	44.02	46.28	38.06
Net Income Growth	-2.80%	0.19%	19.27%	-4.88%	21.61%	36.65%
Shares Outstanding (Basic)	219	224	224	224	224	224
Shares Outstanding (Diluted)	219	224	224	224	224	224
Shares Change (YoY)	-3.08%	0.02%	-0.03%	-0.00%	0.04%	-0.04%
EPS (Basic)	0.24	0.24	0.23	0.20	0.21	0.17
EPS (Diluted)	0.24	0.24	0.23	0.20	0.21	0.17
EPS Growth	0.28%	0.17%	19.31%	-4.88%	21.56%	36.71%
Free Cash Flow	-156.19	-84.91	12.45	25.04	98.4	-70.56
Free Cash Flow Per Share	-0.71	-0.38	0.06	0.11	0.44	-0.32
Dividend Per Share	0.071	0.071	0.071	0.060	0.063	0.052
Dividend Growth	-	-	18.33%	-4.76%	21.15%	36.84%
Gross Margin	27.61%	27.92%	18.84%	22.35%	21.76%	24.17%
Operating Margin	9.46%	7.28%	5.05%	5.50%	5.46%	4.70%
Profit Margin	7.76%	7.12%	5.53%	5.99%	6.55%	5.47%
Free Cash Flow Margin	-23.48%	-11.48%	1.31%	3.41%	13.92%	-10.14%
EBITDA	72.24	63.26	57.66	50.27	48.79	43.01
EBITDA Margin	10.86%	8.55%	6.07%	6.84%	6.90%	6.18%
D&A For EBITDA	9.3	9.46	9.67	9.83	10.17	10.3
EBIT	62.94	53.8	47.99	40.44	38.61	32.71
EBIT Margin	9.46%	7.28%	5.05%	5.50%	5.46%	4.70%
Effective Tax Rate	11.99%	5.23%	6.44%	3.63%	5.61%	1.75%
Revenue as Reported	665.17	739.42	949.58	735.2	706.79	695.88
Advertising Expenses	-	0.03	0.02	0.02	0.02	0.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.