SHA:600716 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	523.4	809.11	612.54	582.23	406.33
Other Revenue	-	36.3	34.04	25.33	34.7
Revenue	523.4	845.41	646.59	607.56	441.03
Revenue Growth (YoY)	-38.09%	30.75%	6.42%	37.76%	-50.67%
Cost of Revenue	476.72	877.3	486.79	847.62	354.34
Gross Profit	46.68	-31.89	159.8	-240.06	86.69
Selling, General & Admin	72.69	77.88	76.15	63.22	59.08
Other Operating Expenses	20.7	20.16	47.99	20.94	-7.1
Operating Expenses	93.39	98.05	124.07	78.13	55.29
Operating Income	-46.71	-129.94	35.73	-318.2	31.4
Interest Expense	-	-41.98	-52.6	-30.18	-19.44
Interest & Investment Income	22.69	28.63	48.58	32.25	50.7
Other Non Operating Income (Expenses)	-97.13	-0.61	-0.84	9.15	1.71
EBT Excluding Unusual Items	-121.15	-143.9	30.87	-306.97	64.37
Gain (Loss) on Sale of Investments	-	-	2.71	-58.33	2.74
Gain (Loss) on Sale of Assets	-	0	0	0.2	0.48
Asset Writedown	-265.08	-9.83	-	-2.44	-13.95
Other Unusual Items	-	0.15	-1.06	1.94	-8.22
Pretax Income	-386.23	-153.58	32.52	-365.59	45.42
Income Tax Expense	1.05	25.2	24.85	25.77	10.44
Earnings From Continuing Operations	-387.28	-178.78	7.67	-391.36	34.97
Minority Interest in Earnings	-	-	-	-	0.32
Net Income	-387.28	-178.78	7.67	-391.36	35.3
Net Income to Common	-387.28	-178.78	7.67	-391.36	35.3
Net Income Growth	-	-	-	-	-38.63%
Shares Outstanding (Basic)	936	936	936	936	936
Shares Outstanding (Diluted)	936	936	936	936	936
Shares Change (YoY)	0.01%	0.05%	-0.05%	-0.02%	-0.05%
EPS (Basic)	-0.41	-0.19	0.01	-0.42	0.04
EPS (Diluted)	-0.41	-0.19	0.01	-0.42	0.04
EPS Growth	-	-	-	-	-38.60%
Free Cash Flow	207.25	144.42	55.97	-2,538	-128.3
Free Cash Flow Per Share	0.22	0.15	0.06	-2.71	-0.14
Gross Margin	8.92%	-3.77%	24.71%	-39.51%	19.66%
Operating Margin	-8.92%	-15.37%	5.53%	-52.37%	7.12%
Profit Margin	-73.99%	-21.15%	1.19%	-64.42%	8.00%
Free Cash Flow Margin	39.60%	17.08%	8.66%	-417.81%	-29.09%
EBITDA	-5	-96.84	58.2	-298.56	50.62
EBITDA Margin	-0.96%	-11.46%	9.00%	-49.14%	11.48%
D&A For EBITDA	41.71	33.1	22.47	19.63	19.22
EBIT	-46.71	-129.94	35.73	-318.2	31.4
EBIT Margin	-8.92%	-15.37%	5.53%	-52.37%	7.12%
Effective Tax Rate	-	-	76.41%	-	23.00%
Revenue as Reported	-	845.41	646.59	607.56	441.03
Advertising Expenses	-	5.64	11.2	1.77	2.05

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