SHA:600769 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	81.59	81.56	75.67	66.54	50.76	50.72
Other Revenue	-	-	0.06	0.06	0.41	2.27
Revenue	81.59	81.56	75.73	66.6	51.17	52.99
Revenue Growth (YoY)	11.02%	7.70%	13.71%	30.15%	-3.43%	72.77%
Cost of Revenue	58.39	58.37	54.72	43.27	35.83	36.86
Gross Profit	23.21	23.19	21.01	23.33	15.34	16.13
Selling, General & Admin	8.28	8.17	7.11	7.52	5.78	5.48
Research & Development	0.44	0.44	0.38	-	-	-
Other Operating Expenses	0.42	0.45	0.24	0.16	0.15	0.18
Operating Expenses	9.14	9.05	8.59	8.44	5.61	7.96
Operating Income	14.07	14.14	12.43	14.89	9.73	8.17
Interest Expense	-	-	-0.16	-0.13	-	-
Interest & Investment Income	2.74	2.91	3.07	2.43	1.81	0.64
Other Non Operating Income (Expenses)	10.94	10.46	-0.34	-0.01	-0.02	-0.01
EBT Excluding Unusual Items	27.74	27.51	15	17.17	11.52	8.8
Gain (Loss) on Sale of Investments	0.11	0.14	1.44	-0.55	-0.01	-0.42
Gain (Loss) on Sale of Assets	-	-	0.07	-	-	-
Asset Writedown	-4.51	-4.51	-	-0.01	-	-
Other Unusual Items	-	-	1.54	0.25	3.28	0.64
Pretax Income	23.34	23.14	18.05	16.86	14.79	9.01
Income Tax Expense	4.1	4.11	5.24	4.71	4.12	2.09
Earnings From Continuing Operations	19.24	19.03	12.81	12.16	10.67	6.92
Net Income	19.24	19.03	12.81	12.16	10.67	6.92
Net Income to Common	19.24	19.03	12.81	12.16	10.67	6.92
Net Income Growth	44.09%	48.48%	5.38%	14.00%	54.11%	30.89%
Shares Outstanding (Basic)	375	375	375	375	376	374
Shares Outstanding (Diluted)	375	375	375	375	376	374
Shares Change (YoY)	0.01%	0.16%	-0.17%	-0.08%	0.39%	-0.24%
EPS (Basic)	0.05	0.05	0.03	0.03	0.03	0.02
EPS (Diluted)	0.05	0.05	0.03	0.03	0.03	0.02
EPS Growth	44.07%	48.25%	5.56%	14.09%	53.51%	31.21%
Free Cash Flow	53.73	67.41	45.8	33.95	27.41	27.16
Free Cash Flow Per Share	0.14	0.18	0.12	0.09	0.07	0.07
Gross Margin	28.44%	28.44%	27.75%	35.02%	29.98%	30.44%
Operating Margin	17.24%	17.34%	16.41%	22.35%	19.01%	15.42%
Profit Margin	23.58%	23.33%	16.92%	18.26%	20.84%	13.06%
Free Cash Flow Margin	65.85%	82.64%	60.47%	50.98%	53.57%	51.26%
EBITDA	18.78	18.83	16.99	18.82	13.26	11.69
EBITDA Margin	23.02%	23.08%	22.43%	28.26%	25.92%	22.05%
D&A For EBITDA	4.72	4.69	4.56	3.94	3.53	3.52
EBIT	14.07	14.14	12.43	14.89	9.73	8.17
EBIT Margin	17.24%	17.34%	16.41%	22.35%	19.01%	15.42%
Effective Tax Rate	17.58%	17.78%	29.02%	27.90%	27.88%	23.22%
Revenue as Reported	-	-	75.73	66.6	51.17	52.99

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