SHA:601086 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	755.79	725.8	684.84	887.73	683.06	889.25
Other Revenue	74.52	74.52	72.28	81.9	71.05	78.79
Revenue	830.3	800.32	757.11	969.63	754.12	968.04
Revenue Growth (YoY)	16.20%	5.71%	-21.92%	28.58%	-22.10%	-5.23%
Cost of Revenue	504.1	478.88	417.8	505.59	434.4	545.69
Gross Profit	326.2	321.44	339.31	464.04	319.72	422.35
Selling, General & Admin	237.33	238.78	225.36	266.83	233.4	262.97
Other Operating Expenses	27.69	26.98	28.04	35.38	26.37	32.21
Operating Expenses	265.18	265.93	254.22	302.11	259.91	295.2
Operating Income	61.02	55.52	85.09	161.92	59.81	127.15
Interest Expense	-	-	-	-2.54	-3.58	-4.51
Interest & Investment Income	52.14	33.83	30.42	49.86	110.08	17.9
Other Non Operating Income (Expenses)	-12.45	-12.41	-12.92	-12.96	-15.16	-14.38
EBT Excluding Unusual Items	96.62	76.94	102.59	196.27	151.14	126.16
Gain (Loss) on Sale of Investments	43.44	25.96	-27.62	19.39	0.02	-
Gain (Loss) on Sale of Assets	-0.3	-0.3	-0.17	-1.88	0.28	-0.06
Asset Writedown	0.08	0.08	0.08	0.01	-	-
Other Unusual Items	-6.96	-6.96	3.31	1.55	2.82	-1.39
Pretax Income	132.88	95.71	78.19	215.35	154.27	124.7
Income Tax Expense	36.18	25.43	20.18	57.59	35.55	38.2
Net Income	96.69	70.28	58.01	157.76	118.72	86.51
Net Income to Common	96.69	70.28	58.01	157.76	118.72	86.51
Net Income Growth	72.25%	21.16%	-63.23%	32.88%	37.24%	-14.21%
Shares Outstanding (Basic)	623	639	645	657	660	665
Shares Outstanding (Diluted)	623	639	645	657	660	665
Shares Change (YoY)	-10.05%	-0.87%	-1.95%	-0.34%	-0.88%	-1.01%
EPS (Basic)	0.16	0.11	0.09	0.24	0.18	0.13
EPS (Diluted)	0.16	0.11	0.09	0.24	0.18	0.13
EPS Growth	91.50%	22.22%	-62.50%	33.33%	38.46%	-13.33%
Free Cash Flow	161.21	56.29	162.68	421.73	109.71	135.44
Free Cash Flow Per Share	0.26	0.09	0.25	0.64	0.17	0.20
Dividend Per Share	0.100	0.100	0.080	0.180	0.100	0.600
Dividend Growth	25.00%	25.00%	-55.56%	80.00%	-83.33%	400.00%
Gross Margin	39.29%	40.16%	44.82%	47.86%	42.40%	43.63%
Operating Margin	7.35%	6.94%	11.24%	16.70%	7.93%	13.13%
Profit Margin	11.65%	8.78%	7.66%	16.27%	15.74%	8.94%
Free Cash Flow Margin	19.41%	7.03%	21.49%	43.49%	14.55%	13.99%
EBITDA	120.33	114.77	144.09	221.23	119.83	187.6
EBITDA Margin	14.49%	14.34%	19.03%	22.82%	15.89%	19.38%
D&A For EBITDA	59.31	59.25	59	59.31	60.02	60.45
EBIT	61.02	55.52	85.09	161.92	59.81	127.15
EBIT Margin	7.35%	6.94%	11.24%	16.70%	7.93%	13.13%
Effective Tax Rate	27.23%	26.57%	25.81%	26.74%	23.04%	30.63%
Revenue as Reported	800.32	800.32	757.11	969.63	754.12	-
Advertising Expenses	-	16.04	16.76	29.42	9.7	13.9

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