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	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	857.17	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	869.08	792.17	739.42	949.58	735.2	706.79
Revenue Growth	33.10%	7.13%	-22.13%	29.16%	4.02%	1.57%
Cost of Revenue	700.25	604.67	532.96	770.72	570.89	553.01
Gross Profit	168.83	187.5	206.46	178.86	164.31	153.78
Selling, General & Admin	67.24	63.36	67.76	66.03	60.48	62.08
Research & Development	48.65	51.06	45.95	42.6	55.67	55.66
Other Operating Expenses	6.7	6.34	2.73	4.18	5.82	8.16
Operating Expenses	131.8	129.98	152.77	130.87	123.87	115.16
Operating Income	37.03	57.52	53.69	47.99	40.44	38.61
Interest Expense	-2.38	-2.38	-0.03	-0.08	-	-
Interest & Investment Income	12.57	11.66	4.75	6.63	6.77	5.23
Currency Exchange Gain (Loss)	-	-	-	0	-	-0.02
Other Non Operating Income (Expenses)	8.95	-7.34	-4.48	0.74	-0.07	-1.25
EBT Excluding Unusual Items	56.16	59.46	53.93	55.29	47.15	42.58
Gain (Loss) on Sale of Investments	0.5	0	0	-0	-0.01	0.01
Gain (Loss) on Sale of Assets	0.05	0.04	1.38	-0.01	-0.02	-0.04
Asset Writedown	-0.95	-	-	-	-	-
Other Unusual Items	2.92	2.92	5.18	3.87	2.64	8.8
Pretax Income	58.69	62.43	60.49	59.14	49.76	51.35
Income Tax Expense	4.93	4.59	3.16	3.81	1.81	2.88
Earnings From Continuing Operations	53.76	57.83	57.33	55.34	47.96	48.47
Minority Interest in Earnings	-6.04	-6.23	-4.72	-2.83	-3.94	-2.19
Net Income	47.71	51.6	52.61	52.51	44.02	46.28
Net Income to Common	47.71	51.6	52.61	52.51	44.02	46.28
Net Income Growth	-14.57%	-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	0.02%	0.00%	0.02%	-0.03%	-0.00%	0.04%
EPS (Basic)	0.21	0.23	0.24	0.23	0.20	0.21
EPS (Diluted)	0.21	0.23	0.24	0.23	0.20	0.21
EPS Growth	-14.58%	-1.91%	0.17%	19.31%	-4.88%	21.56%

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	-101.13	-212.15	-84.91	12.45	25.04	98.4
Free Cash Flow Per Share	-0.45	-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%	0%	18.33%	-4.76%	21.15%
Gross Margin	19.43%	23.67%	27.92%	18.84%	22.35%	21.76%
Operating Margin	4.26%	7.26%	7.26%	5.05%	5.50%	5.46%
Profit Margin	5.49%	6.51%	7.12%	5.53%	5.99%	6.55%
Free Cash Flow Margin	-11.64%	-26.78%	-11.48%	1.31%	3.41%	13.92%
EBITDA	46.61	66.88	63.19	57.66	50.27	48.79
EBITDA Margin	5.36%	8.44%	8.54%	6.07%	6.84%	6.90%
D&A For EBITDA	9.58	9.36	9.5	9.67	9.83	10.17
EBIT	37.03	57.52	53.69	47.99	40.44	38.61
EBIT Margin	4.26%	7.26%	7.26%	5.05%	5.50%	5.46%
Effective Tax Rate	8.41%	7.35%	5.23%	6.44%	3.63%	5.61%
Revenue as Reported	792.17	792.17	739.42	949.58	735.2	706.79
Advertising Expenses	-	0.02	0.03	0.02	0.02	0.02