SHA:603016 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	603.29	609.66	572.12	574.61	562.74	513.48
Other Revenue	-	-	60.65	57.87	51.82	41.21
Revenue	603.29	609.66	632.77	632.47	614.56	554.7
Revenue Growth (YoY)	-3.78%	-3.65%	0.05%	2.91%	10.79%	24.94%
Cost of Revenue	438.23	437.38	451.01	451.81	436.16	387.95
Gross Profit	165.06	172.28	181.75	180.66	178.41	166.74
Selling, General & Admin	67.52	69.31	75.7	74.97	72.74	73.77
Research & Development	32.56	33.71	27.49	30.58	30.97	34.41
Other Operating Expenses	2.75	2.3	4.46	4.49	5.87	5.61
Operating Expenses	102.84	105.32	107.85	109.75	111.49	114.61
Operating Income	62.22	66.96	73.9	70.91	66.91	52.14
Interest Expense	-3.41	-	-0.25	-0.07	-0.2	-
Interest & Investment Income	8.1	10.78	8.33	7.62	6.63	7.78
Currency Exchange Gain (Loss)	-	-	2.03	2.41	5.23	-3.53
Other Non Operating Income (Expenses)	-0.8	-1.19	-0.15	-0.2	-0.19	-0.53
EBT Excluding Unusual Items	66.11	76.55	83.86	80.68	78.37	55.86
Gain (Loss) on Sale of Investments	0.07	0.07	0.67	0.15	-0.99	-
Gain (Loss) on Sale of Assets	0.01	-0.01	-0.25	-0.35	-0.29	4.23
Asset Writedown	-0.77	-0.59	-	-	-	-
Other Unusual Items	-	-	-0.26	2.87	3.86	2.56
Pretax Income	65.42	76.03	84.02	83.34	80.95	62.66
Income Tax Expense	7.94	9.8	10.52	8.96	7.94	5.54
Earnings From Continuing Operations	57.48	66.22	73.5	74.38	73.01	57.11
Minority Interest in Earnings	-2.54	-2.54	-2.87	-5.66	-5.9	-4.13
Net Income	54.93	63.68	70.63	68.72	67.1	52.98
Net Income to Common	54.93	63.68	70.63	68.72	67.1	52.98
Net Income Growth	-21.27%	-9.84%	2.78%	2.41%	26.65%	-14.65%
Shares Outstanding (Basic)	151	148	147	149	149	147
Shares Outstanding (Diluted)	151	148	147	149	149	147
Shares Change (YoY)	1.58%	0.65%	-1.50%	0.18%	1.32%	-0.43%
EPS (Basic)	0.36	0.43	0.48	0.46	0.45	0.36
EPS (Diluted)	0.36	0.43	0.48	0.46	0.45	0.36
EPS Growth	-22.49%	-10.42%	4.35%	2.22%	25.00%	-14.29%
Free Cash Flow	26.66	66.28	86.79	101.82	70.99	18.87
Free Cash Flow Per Share	0.18	0.45	0.59	0.68	0.48	0.13
Dividend Per Share	-	-	0.473	0.372	0.310	0.310
Dividend Growth	-	-	27.15%	20.00%	-	-42.59%
Gross Margin	27.36%	28.26%	28.72%	28.56%	29.03%	30.06%
Operating Margin	10.31%	10.98%	11.68%	11.21%	10.89%	9.40%
Profit Margin	9.11%	10.45%	11.16%	10.87%	10.92%	9.55%
Free Cash Flow Margin	4.42%	10.87%	13.71%	16.10%	11.55%	3.40%
EBITDA	81.82	87.14	96.42	95.44	94.58	77.87
EBITDA Margin	13.56%	14.29%	15.24%	15.09%	15.39%	14.04%
D&A For EBITDA	19.6	20.18	22.52	24.53	27.67	25.73
EBIT	62.22	66.96	73.9	70.91	66.91	52.14
EBIT Margin	10.31%	10.98%	11.68%	11.21%	10.89%	9.40%
Effective Tax Rate	12.13%	12.89%	12.52%	10.75%	9.81%	8.85%
Revenue as Reported	-	-	632.77	632.47	614.56	554.7
Advertising Expenses	-	-	0.11	2.58	0.01	0.2

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