SHA:600560 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	801.24	780.26	727.57	934.53	725.6	690.33
Other Revenue	11.9	11.9	11.85	15.05	9.6	16.46
Revenue	813.14	792.17	739.42	949.58	735.2	706.79
Revenue Growth (YoY)	15.12%	7.13%	-22.13%	29.16%	4.02%	1.57%
Cost of Revenue	633.69	604.67	532.96	770.72	570.89	553.01
Gross Profit	179.46	187.5	206.46	178.86	164.31	153.78
Selling, General & Admin	69.27	63.36	67.76	66.03	60.48	62.08
Research & Development	49.32	51.06	45.95	42.6	55.67	55.66
Other Operating Expenses	6.61	6.34	2.73	4.18	5.82	8.16
Operating Expenses	127.56	129.98	152.77	130.87	123.87	115.16
Operating Income	51.9	57.52	53.69	47.99	40.44	38.61
Interest Expense	-3.63	-2.38	-0.03	-0.08	-	-
Interest & Investment Income	18.85	11.66	4.75	6.63	6.77	5.23
Currency Exchange Gain (Loss)	-	-	-	0	-	-0.02
Other Non Operating Income (Expenses)	-7.17	-7.34	-4.48	0.74	-0.07	-1.25
EBT Excluding Unusual Items	59.94	59.46	53.93	55.29	47.15	42.58
Gain (Loss) on Sale of Investments	0.44	0	0	-0	-0.01	0.01
Gain (Loss) on Sale of Assets	0.04	0.04	1.38	-0.01	-0.02	-0.04
Other Unusual Items	2.9	2.92	5.18	3.87	2.64	8.8
Pretax Income	63.32	62.43	60.49	59.14	49.76	51.35
Income Tax Expense	6.37	4.59	3.16	3.81	1.81	2.88
Earnings From Continuing Operations	56.96	57.83	57.33	55.34	47.96	48.47
Minority Interest in Earnings	-6.42	-6.23	-4.72	-2.83	-3.94	-2.19
Net Income	50.53	51.6	52.61	52.51	44.02	46.28
Net Income to Common	50.53	51.6	52.61	52.51	44.02	46.28
Net Income Growth	4.73%	-1.91%	0.19%	19.27%	-4.88%	21.61%
Shares Outstanding (Basic)	224	224	224	224	224	224
Shares Outstanding (Diluted)	224	224	224	224	224	224
Shares Change (YoY)	1.38%	0.00%	0.02%	-0.03%	-0.00%	0.04%
EPS (Basic)	0.23	0.23	0.24	0.23	0.20	0.21
EPS (Diluted)	0.23	0.23	0.24	0.23	0.20	0.21
EPS Growth	3.31%	-1.91%	0.17%	19.31%	-4.88%	21.56%
Free Cash Flow	-148.44	-212.15	-84.91	12.45	25.04	98.4
Free Cash Flow Per Share	-0.66	-0.95	-0.38	0.06	0.11	0.44
Dividend Per Share	0.071	0.071	0.071	0.071	0.060	0.063
Dividend Growth	0.28%	0.28%	-	18.33%	-4.76%	21.15%
Gross Margin	22.07%	23.67%	27.92%	18.84%	22.35%	21.76%
Operating Margin	6.38%	7.26%	7.26%	5.05%	5.50%	5.46%
Profit Margin	6.21%	6.51%	7.12%	5.53%	5.99%	6.55%
Free Cash Flow Margin	-18.25%	-26.78%	-11.48%	1.31%	3.41%	13.92%
EBITDA	61.22	66.88	63.19	57.66	50.27	48.79
EBITDA Margin	7.53%	8.44%	8.54%	6.07%	6.84%	6.90%
D&A For EBITDA	9.32	9.36	9.5	9.67	9.83	10.17
EBIT	51.9	57.52	53.69	47.99	40.44	38.61
EBIT Margin	6.38%	7.26%	7.26%	5.05%	5.50%	5.46%
Effective Tax Rate	10.06%	7.35%	5.23%	6.44%	3.63%	5.61%
Revenue as Reported	813.14	792.17	739.42	949.58	735.2	706.79
Advertising Expenses	-	0.02	0.03	0.02	0.02	0.02

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