SHA:603075 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	2,235	2,106	1,908	1,660	1,673	1,793
Other Revenue	10.84	20.31	16.09	15.72	13.77	9.23
Revenue	2,245	2,126	1,924	1,676	1,687	1,802
Revenue Growth	12.01%	10.49%	14.80%	-0.65%	-6.41%	23.83%
Cost of Revenue	1,538	1,484	1,331	1,173	1,202	1,306
Gross Profit	707.38	642.05	592.69	503.5	485.26	496.04
Selling, General & Admin	169.47	167.61	154.44	128.67	126.41	117.76
Research & Development	158.08	109.03	101.71	93.51	97.6	99.85
Other Operating Expenses	8.09	10.94	10.37	10.15	6.5	10.58
Operating Expenses	340	296.2	276.62	236.61	228.33	232.44
Operating Income	367.37	345.85	316.07	266.89	256.93	263.59
Interest Expense	-3.02	-6.33	-7.17	-12.8	-20.44	-14.83
Interest & Investment Income	10.09	13.48	20.11	3.27	3.09	10.52
Currency Exchange Gain (Loss)	-4.23	10.53	6.04	11.84	24.22	-9.27
Other Non Operating Income (Expenses)	-17.66	-1.21	-1.14	-0.87	-1.14	-1.14
EBT Excluding Unusual Items	352.55	362.33	333.91	268.34	262.65	248.86
Gain (Loss) on Sale of Investments	4.05	0.85	0.45	0.11	1.39	15.03
Gain (Loss) on Sale of Assets	0.24	-0.03	-0.26	-0.04	0.02	-0.64
Asset Writedown	-5.13	-1.98	-1.33	-0.56	0.08	-0.76
Other Unusual Items	3.34	3.93	6.59	11.28	0.56	4.58
Pretax Income	355.05	365.09	339.36	279.14	264.71	267.07
Income Tax Expense	30.06	43.02	40.89	30.34	23.71	26.33
Earnings From Continuing Operations	324.99	322.07	298.46	248.8	240.99	240.74
Minority Interest in Earnings	0.95	1.05	1.28	1.2	0.54	-9.13
Net Income	325.94	323.12	299.74	250	241.53	231.61
Net Income to Common	325.94	323.12	299.74	250	241.53	231.61
Net Income Growth	1.92%	7.80%	19.89%	3.50%	4.29%	102.71%
Shares Outstanding (Basic)	397	399	400	368	360	362
Shares Outstanding (Diluted)	397	399	400	368	360	362
Shares Change	-0.54%	-0.18%	8.71%	1.98%	-0.38%	1.35%
EPS (Basic)	0.82	0.81	0.75	0.68	0.67	0.64
EPS (Diluted)	0.82	0.81	0.75	0.68	0.67	0.64
EPS Growth	2.48%	8.00%	10.29%	1.49%	4.69%	100.00%

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	273.28	235.55	131.9	257.13	0.35	-124.67
Free Cash Flow Per Share	0.69	0.59	0.33	0.70	0.00	-0.34
Dividend Per Share	0.700	0.700	0.700	0.500	-	-
Dividend Growth	0%	0%	40.00%	-	-	-
Gross Margin	31.50%	30.20%	30.80%	30.04%	28.77%	27.52%
Operating Margin	16.36%	16.27%	16.43%	15.92%	15.23%	14.62%
Profit Margin	14.52%	15.20%	15.58%	14.92%	14.32%	12.85%
Free Cash Flow Margin	12.17%	11.08%	6.86%	15.34%	0.02%	-6.92%
EBITDA	498.02	466.72	428.47	366.15	344.69	323.21
EBITDA Margin	22.18%	21.95%	22.27%	21.85%	20.43%	17.93%
D&A For EBITDA	130.65	120.86	112.41	99.26	87.76	59.61
EBIT	367.37	345.85	316.07	266.89	256.93	263.59
EBIT Margin	16.36%	16.27%	16.43%	15.92%	15.23%	14.62%
Effective Tax Rate	8.47%	11.78%	12.05%	10.87%	8.96%	9.86%
Revenue as Reported	1,141	2,126	1,924	1,676	1,687	-
Advertising Expenses	-	0.21	-	-	-	-