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	Jun '26 Jun 30, 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	957.82	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	1,002	958.7	771.54	704.16	647.26	521.66
Revenue Growth	20.30%	24.26%	9.57%	8.79%	24.08%	16.43%
Cost of Revenue	707.12	670.99	502.48	482.31	437.43	372.41
Gross Profit	294.45	287.71	269.06	221.86	209.84	149.25
Selling, General & Admin	123.94	118.22	105.59	95.43	106.05	90.81
Research & Development	65.68	64.97	70.77	71.64	52.15	33.6
Other Operating Expenses	10.98	5.58	3.7	0.58	7.9	4.55
Operating Expenses	200.06	188.23	181.88	174.09	164.74	131.56
Operating Income	94.39	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)	-40.05	-46.94	-28.38	0.25	-2.87	-17.74
EBT Excluding Unusual Items	49.61	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	2.95	3.17	0.08	-0.51	-0.19	0.85
Asset Writedown	1.01	-	-	-	-	-
Other Unusual Items	31.34	31.34	12.36	19.87	15.16	15.63
Pretax Income	84.25	81.66	72.32	67.03	56.86	36.63
Income Tax Expense	8.33	7.03	3.03	1.63	-0.65	0.49
Earnings From Continuing Operations	75.91	74.63	69.29	65.4	57.51	36.14
Minority Interest in Earnings	0.04	-0	0.03	-	-	-
Net Income	75.95	74.63	69.32	65.4	57.51	36.14
Net Income to Common	75.95	74.63	69.32	65.4	57.51	36.14
Net Income Growth	4.92%	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	1.18%	-1.03%	0.43%	-1.02%	1.58%	1.65%
EPS (Basic)	0.63	0.62	0.57	0.54	0.47	0.30
EPS (Diluted)	0.63	0.62	0.57	0.54	0.47	0.30
EPS Growth	3.69%	8.77%	5.56%	14.89%	56.67%	159.97%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-13.64	-35.54	-79.16	117.92	-73.11	132.56
Free Cash Flow Per Share	-0.11	-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	29.40%	30.01%	34.87%	31.51%	32.42%	28.61%
Operating Margin	9.42%	10.38%	11.30%	6.78%	6.97%	3.39%
Profit Margin	7.58%	7.79%	8.98%	9.29%	8.88%	6.93%
Free Cash Flow Margin	-1.36%	-3.71%	-10.26%	16.75%	-11.29%	25.41%
EBITDA	133.23	136.13	118.16	75.24	69.3	36.39
EBITDA Margin	13.30%	14.20%	15.32%	10.69%	10.71%	6.98%
D&A For EBITDA	38.85	36.65	30.98	27.48	24.21	18.71
EBIT	94.39	99.48	87.18	47.77	45.1	17.68
EBIT Margin	9.42%	10.38%	11.30%	6.78%	6.97%	3.39%
Effective Tax Rate	9.89%	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