SHA:603029 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	967.19	914.94	748.14	662.17	622.77	490.77
Other Revenue	43.76	43.76	23.4	41.99	24.49	30.89
Revenue	1,011	958.7	771.54	704.16	647.26	521.66
Revenue Growth (YoY)	28.29%	24.26%	9.57%	8.79%	24.08%	16.43%
Cost of Revenue	717.02	670.99	502.48	482.31	437.43	372.41
Gross Profit	293.93	287.71	269.06	221.86	209.84	149.25
Selling, General & Admin	119.73	118.22	105.59	95.43	106.05	90.81
Research & Development	65.95	64.97	70.77	71.64	52.15	33.6
Other Operating Expenses	6.54	5.58	3.7	0.58	7.9	4.55
Operating Expenses	191.68	188.23	181.88	174.09	164.74	131.56
Operating Income	102.25	99.48	87.18	47.77	45.1	17.68
Interest Expense	-3.91	-3.91	-1.23	-4.82	-4.19	-2.14
Interest & Investment Income	1.07	1.07	2.19	4.3	3.63	22.29
Currency Exchange Gain (Loss)	-1.88	-1.88	0.13	0.18	0.22	0.05
Other Non Operating Income (Expenses)	-48.83	-46.94	-28.38	0.25	-2.87	-17.74
EBT Excluding Unusual Items	48.69	47.82	59.88	47.67	41.88	20.15
Gain (Loss) on Sale of Investments	-0.67	-0.67	-	-	-	-
Gain (Loss) on Sale of Assets	3.04	3.17	0.08	-0.51	-0.19	0.85
Asset Writedown	-0	-	-	-	-	-
Other Unusual Items	31.34	31.34	12.36	19.87	15.16	15.63
Pretax Income	82.41	81.66	72.32	67.03	56.86	36.63
Income Tax Expense	7.73	7.03	3.03	1.63	-0.65	0.49
Earnings From Continuing Operations	74.68	74.63	69.29	65.4	57.51	36.14
Minority Interest in Earnings	-0.01	-0	0.03	-	-	-
Net Income	74.67	74.63	69.32	65.4	57.51	36.14
Net Income to Common	74.67	74.63	69.32	65.4	57.51	36.14
Net Income Growth	7.12%	7.66%	6.01%	13.72%	59.15%	164.25%
Shares Outstanding (Basic)	121	120	122	121	122	120
Shares Outstanding (Diluted)	121	120	122	121	122	120
Shares Change (YoY)	-2.16%	-1.03%	0.43%	-1.02%	1.58%	1.65%
EPS (Basic)	0.62	0.62	0.57	0.54	0.47	0.30
EPS (Diluted)	0.62	0.62	0.57	0.54	0.47	0.30
EPS Growth	9.50%	8.77%	5.56%	14.89%	56.67%	159.97%
Free Cash Flow	7.31	-35.54	-79.16	117.92	-73.11	132.56
Free Cash Flow Per Share	0.06	-0.29	-0.65	0.97	-0.60	1.10
Dividend Per Share	0.185	0.185	0.172	0.170	0.142	0.085
Dividend Growth	7.56%	7.56%	1.18%	19.72%	67.85%	46.62%
Gross Margin	29.07%	30.01%	34.87%	31.51%	32.42%	28.61%
Operating Margin	10.11%	10.38%	11.30%	6.78%	6.97%	3.39%
Profit Margin	7.39%	7.79%	8.98%	9.29%	8.88%	6.93%
Free Cash Flow Margin	0.72%	-3.71%	-10.26%	16.75%	-11.29%	25.41%
EBITDA	140.31	136.13	118.16	75.24	69.3	36.39
EBITDA Margin	13.88%	14.20%	15.32%	10.69%	10.71%	6.98%
D&A For EBITDA	38.07	36.65	30.98	27.48	24.21	18.71
EBIT	102.25	99.48	87.18	47.77	45.1	17.68
EBIT Margin	10.11%	10.38%	11.30%	6.78%	6.97%	3.39%
Effective Tax Rate	9.38%	8.61%	4.19%	2.44%	-	1.35%
Revenue as Reported	958.7	958.7	771.54	704.16	647.26	521.66
Advertising Expenses	-	1.5	1.42	0.55	0.32	1.06

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