SHA:600768 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	1,156	1,043	761.36	302.18	416.85
Other Revenue	1.17	1.44	0.98	0.94	0.12
Revenue	1,158	1,044	762.34	303.12	416.97
Revenue Growth (YoY)	10.85%	36.98%	151.50%	-27.30%	-15.72%
Cost of Revenue	1,050	957.46	706.07	297.47	387.74
Gross Profit	107.95	86.81	56.27	5.64	29.22
Selling, General & Admin	32.63	31.27	25.56	11.44	14.58
Research & Development	29.1	23.69	16.07	-	-
Other Operating Expenses	-1.51	-2.78	-4.46	0.18	-0.46
Operating Expenses	66.62	54.65	40.23	12.61	13.78
Operating Income	41.33	32.16	16.04	-6.97	15.44
Interest Expense	-7.97	-8.35	-5.92	-0.1	-0.41
Interest & Investment Income	1.59	2.92	6.61	4.53	0.88
Currency Exchange Gain (Loss)	-0.04	0.07	0.17	-	-
Other Non Operating Income (Expenses)	-0.02	2.27	-0.3	-0.11	0.26
EBT Excluding Unusual Items	34.89	29.07	16.59	-2.65	16.18
Gain (Loss) on Sale of Investments	52.97	3.31	26.17	230.99	-8.26
Gain (Loss) on Sale of Assets	0.2	-0.1	0.25	0.14	0
Legal Settlements	-	-0.24	-0.1	-	-
Other Unusual Items	4.88	0	0.12	1.13	0.02
Pretax Income	92.94	32.04	43.04	229.61	7.94
Income Tax Expense	10.12	4.39	8.04	58.08	5.5
Earnings From Continuing Operations	82.83	27.65	35	171.53	2.43
Minority Interest in Earnings	-24.24	-26.09	-13.4	-	1.12
Net Income	58.59	1.56	21.6	171.53	3.55
Net Income to Common	58.59	1.56	21.6	171.53	3.55
Net Income Growth	3649.05%	-92.77%	-87.41%	4731.81%	-
Shares Outstanding (Basic)	133	156	135	134	118
Shares Outstanding (Diluted)	133	156	135	134	118
Shares Change (YoY)	-14.79%	15.76%	0.73%	13.25%	-2.46%
EPS (Basic)	0.44	0.01	0.16	1.28	0.03
EPS (Diluted)	0.44	0.01	0.16	1.28	0.03
EPS Growth	4300.00%	-93.75%	-87.50%	4166.67%	-
Free Cash Flow	-119.84	12.79	-12.72	-10.33	8.77
Free Cash Flow Per Share	-0.90	0.08	-0.09	-0.08	0.07
Dividend Per Share	0.050	0.150	-	-	-
Dividend Growth	-66.67%	-	-	-	-
Gross Margin	9.32%	8.31%	7.38%	1.86%	7.01%
Operating Margin	3.57%	3.08%	2.10%	-2.30%	3.70%
Profit Margin	5.06%	0.15%	2.83%	56.59%	0.85%
Free Cash Flow Margin	-10.35%	1.22%	-1.67%	-3.41%	2.10%
EBITDA	48.29	39.25	24.72	-6.64	16.7
EBITDA Margin	4.17%	3.76%	3.24%	-2.19%	4.01%
D&A For EBITDA	6.96	7.09	8.68	0.33	1.26
EBIT	41.33	32.16	16.04	-6.97	15.44
EBIT Margin	3.57%	3.08%	2.10%	-2.30%	3.70%
Effective Tax Rate	10.89%	13.69%	18.67%	25.29%	69.34%
Revenue as Reported	1,158	1,044	762.34	303.12	416.97
Advertising Expenses	-	0.17	0.07	-	-

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