SHA:600722 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	429.42	445.67	471.84	488.29	631.3	516
Other Revenue	24.1	24.1	27.51	23.05	28.23	51.63
Revenue	453.52	469.77	499.35	511.35	659.53	567.63
Revenue Growth (YoY)	-6.98%	-5.92%	-2.35%	-22.47%	16.19%	40.49%
Cost of Revenue	337.89	350.61	382.31	417.76	525.47	445.88
Gross Profit	115.63	119.16	117.04	93.58	134.06	121.76
Selling, General & Admin	27.77	27.63	26.13	30.75	26.7	25.5
Research & Development	5.64	6.88	6.63	6.29	8.51	4.08
Other Operating Expenses	2.03	2.7	0.98	2.59	6.53	6.57
Operating Expenses	35.43	37.2	33.73	39.65	41.58	35.08
Operating Income	80.2	81.96	83.3	53.94	92.48	86.67
Interest Expense	-0.15	-0.15	-0.04	-0.05	-0.01	-0.01
Interest & Investment Income	23.56	22.12	24.53	20.05	16.07	14.13
Other Non Operating Income (Expenses)	0.77	-0.02	0.03	-0.06	-0.07	-0.01
EBT Excluding Unusual Items	104.38	103.91	107.83	73.88	108.47	100.78
Gain (Loss) on Sale of Assets	0.33	0.33	-	0	0.06	0.47
Asset Writedown	-	-	-	-	-0.02	-
Other Unusual Items	0.45	0.45	0.46	0.67	0.44	1.16
Pretax Income	105.16	104.69	108.28	74.55	108.95	102.4
Income Tax Expense	10.36	8.36	7.45	4.59	6.36	7.12
Earnings From Continuing Operations	94.81	96.33	100.83	69.96	102.6	95.28
Minority Interest in Earnings	-47.24	-48.4	-48.21	-36.39	-53.12	-47.23
Net Income	47.56	47.93	52.62	33.58	49.47	48.05
Net Income to Common	47.56	47.93	52.62	33.58	49.47	48.05
Net Income Growth	-10.98%	-8.92%	56.73%	-32.14%	2.95%	384.14%
Shares Outstanding (Basic)	680	681	680	680	681	681
Shares Outstanding (Diluted)	680	681	680	680	681	681
Shares Change (YoY)	0.11%	0.13%	0.03%	-0.13%	-0.02%	0.12%
EPS (Basic)	0.07	0.07	0.08	0.05	0.07	0.07
EPS (Diluted)	0.07	0.07	0.08	0.05	0.07	0.07
EPS Growth	-11.07%	-9.04%	56.68%	-32.05%	2.97%	383.56%
Free Cash Flow	73.74	80.18	74.22	157.33	140.66	141.48
Free Cash Flow Per Share	0.11	0.12	0.11	0.23	0.21	0.21
Gross Margin	25.50%	25.36%	23.44%	18.30%	20.33%	21.45%
Operating Margin	17.68%	17.45%	16.68%	10.55%	14.02%	15.27%
Profit Margin	10.49%	10.20%	10.54%	6.57%	7.50%	8.47%
Free Cash Flow Margin	16.26%	17.07%	14.86%	30.77%	21.33%	24.92%
EBITDA	96.62	98.73	101.49	73.42	110.84	104.37
EBITDA Margin	21.30%	21.02%	20.32%	14.36%	16.81%	18.39%
D&A For EBITDA	16.42	16.77	18.19	19.49	18.36	17.69
EBIT	80.2	81.96	83.3	53.94	92.48	86.67
EBIT Margin	17.68%	17.45%	16.68%	10.55%	14.02%	15.27%
Effective Tax Rate	9.85%	7.99%	6.88%	6.16%	5.83%	6.96%
Revenue as Reported	469.77	469.77	499.35	511.35	659.53	567.63

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