SHA:600722 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	469.77	471.84	488.29	631.3	516
Other Revenue	-	27.51	23.05	28.23	51.63
Revenue	469.77	499.35	511.35	659.53	567.63
Revenue Growth (YoY)	-5.92%	-2.35%	-22.47%	16.19%	40.49%
Cost of Revenue	350.61	382.31	417.76	525.47	445.88
Gross Profit	119.16	117.04	93.58	134.06	121.76
Selling, General & Admin	27.63	26.13	30.75	26.7	25.5
Research & Development	6.88	6.63	6.29	8.51	4.08
Other Operating Expenses	2.27	0.98	2.59	6.53	6.57
Operating Expenses	36.78	33.73	39.65	41.58	35.08
Operating Income	82.37	83.3	53.94	92.48	86.67
Interest Expense	-	-0.04	-0.05	-0.01	-0.01
Interest & Investment Income	17.6	24.53	20.05	16.07	14.13
Other Non Operating Income (Expenses)	4.62	0.03	-0.06	-0.07	-0.01
EBT Excluding Unusual Items	104.59	107.83	73.88	108.47	100.78
Gain (Loss) on Sale of Assets	0.1	-	0	0.06	0.47
Asset Writedown	-	-	-	-0.02	-
Other Unusual Items	-	0.46	0.67	0.44	1.16
Pretax Income	104.69	108.28	74.55	108.95	102.4
Income Tax Expense	8.36	7.45	4.59	6.36	7.12
Earnings From Continuing Operations	96.33	100.83	69.96	102.6	95.28
Minority Interest in Earnings	-48.4	-48.21	-36.39	-53.12	-47.23
Net Income	47.93	52.62	33.58	49.47	48.05
Net Income to Common	47.93	52.62	33.58	49.47	48.05
Net Income Growth	-8.92%	56.73%	-32.14%	2.95%	384.14%
Shares Outstanding (Basic)	681	680	680	681	681
Shares Outstanding (Diluted)	681	680	680	681	681
Shares Change (YoY)	0.13%	0.03%	-0.13%	-0.02%	0.12%
EPS (Basic)	0.07	0.08	0.05	0.07	0.07
EPS (Diluted)	0.07	0.08	0.05	0.07	0.07
EPS Growth	-9.04%	56.68%	-32.05%	2.97%	383.56%
Free Cash Flow	80.18	74.22	157.33	140.66	141.48
Free Cash Flow Per Share	0.12	0.11	0.23	0.21	0.21
Gross Margin	25.36%	23.44%	18.30%	20.33%	21.45%
Operating Margin	17.54%	16.68%	10.55%	14.02%	15.27%
Profit Margin	10.20%	10.54%	6.57%	7.50%	8.47%
Free Cash Flow Margin	17.07%	14.86%	30.77%	21.33%	24.92%
EBITDA	101.05	99.66	73.42	110.84	104.37
EBITDA Margin	21.51%	19.96%	14.36%	16.81%	18.39%
D&A For EBITDA	18.68	16.36	19.49	18.36	17.69
EBIT	82.37	83.3	53.94	92.48	86.67
EBIT Margin	17.54%	16.68%	10.55%	14.02%	15.27%
Effective Tax Rate	7.99%	6.88%	6.16%	5.83%	6.96%
Revenue as Reported	-	499.35	511.35	659.53	567.63

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.