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