SHA:603088 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	859.6	802.35	692.77	634.24	516.04
Other Revenue	21.28	15.19	15.82	16.2	17.78
Revenue	880.89	817.54	708.59	650.45	533.82
Revenue Growth (YoY)	7.75%	15.38%	8.94%	21.85%	25.53%
Cost of Revenue	577.67	486.47	417.04	396.38	342.92
Gross Profit	303.22	331.06	291.54	254.07	190.9
Selling, General & Admin	130.08	108.05	97.14	90.91	67.45
Research & Development	43.46	35.5	33.91	26.37	19.78
Other Operating Expenses	3.17	2.59	0.05	-4.87	7.7
Operating Expenses	175.99	154.79	142.72	116.9	100.34
Operating Income	127.23	176.27	148.83	137.17	90.57
Interest Expense	-0.12	-0.06	-0.68	-2.49	-1.57
Interest & Investment Income	11.26	13.18	17.23	4.91	2.52
Currency Exchange Gain (Loss)	0.82	0.27	10.33	15.68	-6.71
Other Non Operating Income (Expenses)	-0.5	-1.12	-0.41	0.67	-0.46
EBT Excluding Unusual Items	138.68	188.53	175.29	155.95	84.36
Gain (Loss) on Sale of Investments	0.31	0.28	0.64	3.62	-
Gain (Loss) on Sale of Assets	0.07	-0.01	0.02	-0.77	-1.5
Asset Writedown	0.95	-1.47	-0.02	-0.15	0
Legal Settlements	-2.28	-	-0.34	-	2.35
Other Unusual Items	3.21	5.62	9.01	7.9	12.92
Pretax Income	140.94	192.96	184.6	166.54	98.14
Income Tax Expense	16.71	25.09	24.83	23.09	12.63
Earnings From Continuing Operations	124.23	167.87	159.77	143.45	85.51
Minority Interest in Earnings	-4.12	-3.27	-0.53	-0.74	0.28
Net Income	120.12	164.6	159.24	142.72	85.79
Net Income to Common	120.12	164.6	159.24	142.72	85.79
Net Income Growth	-27.03%	3.37%	11.58%	66.35%	27.38%
Shares Outstanding (Basic)	480	433	442	432	429
Shares Outstanding (Diluted)	480	433	442	432	429
Shares Change (YoY)	10.92%	-2.07%	2.28%	0.82%	0.05%
EPS (Basic)	0.25	0.38	0.36	0.33	0.20
EPS (Diluted)	0.25	0.38	0.36	0.33	0.20
EPS Growth	-34.21%	5.56%	9.09%	65.00%	27.31%
Free Cash Flow	188.58	94.97	159.73	109.34	145.45
Free Cash Flow Per Share	0.39	0.22	0.36	0.25	0.34
Dividend Per Share	0.170	0.290	0.290	0.220	0.129
Dividend Growth	-41.38%	-	31.82%	71.07%	-43.99%
Gross Margin	34.42%	40.49%	41.14%	39.06%	35.76%
Operating Margin	14.44%	21.56%	21.00%	21.09%	16.97%
Profit Margin	13.64%	20.13%	22.47%	21.94%	16.07%
Free Cash Flow Margin	21.41%	11.62%	22.54%	16.81%	27.25%
EBITDA	161.13	197.08	170.88	159.29	112.55
EBITDA Margin	18.29%	24.11%	24.12%	24.49%	21.08%
D&A For EBITDA	33.9	20.81	22.06	22.11	21.98
EBIT	127.23	176.27	148.83	137.17	90.57
EBIT Margin	14.44%	21.56%	21.00%	21.09%	16.97%
Effective Tax Rate	11.86%	13.00%	13.45%	13.87%	12.86%
Revenue as Reported	880.89	817.54	708.59	650.45	533.82

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.