SHA:603119 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	1,376	1,134	799.65	666.69	521.62
Other Revenue	-	1.11	0.61	0.78	-
Revenue	1,376	1,135	800.26	667.48	521.62
Revenue Growth (YoY)	21.24%	41.80%	19.89%	27.96%	42.92%
Cost of Revenue	896.2	766.55	513.92	437.95	347.48
Gross Profit	479.55	368.21	286.34	229.52	174.14
Selling, General & Admin	104.21	72.14	64.66	50.12	34.11
Research & Development	65.47	61.31	45.11	33.67	29.1
Other Operating Expenses	-10.91	9.34	8.03	6.59	0.05
Operating Expenses	158.77	145.98	118.03	90	68.13
Operating Income	320.78	222.23	168.31	139.52	106.01
Interest Expense	-	-1.23	-4.63	-4.72	-7.91
Interest & Investment Income	25.13	23.84	9.01	0.79	2.57
Currency Exchange Gain (Loss)	-	3.32	4.4	3.66	-1.37
Other Non Operating Income (Expenses)	-11.87	-0.43	-0.38	-3.61	8.85
EBT Excluding Unusual Items	334.04	247.72	176.71	135.64	108.15
Gain (Loss) on Sale of Investments	0.38	0.19	-0.49	-	-
Gain (Loss) on Sale of Assets	1.29	-0.9	-0.33	-0.43	7.11
Asset Writedown	-16.06	-	-	-	-0.2
Other Unusual Items	-	12.83	19.45	16.37	5.18
Pretax Income	319.65	259.85	195.33	151.57	120.24
Income Tax Expense	37.65	29.6	23.53	17.8	14.05
Earnings From Continuing Operations	281.99	230.25	171.8	133.77	106.19
Minority Interest in Earnings	-3.61	-	-	-	-1.91
Net Income	278.38	230.25	171.8	133.77	104.28
Net Income to Common	278.38	230.25	171.8	133.77	104.28
Net Income Growth	20.90%	34.02%	28.43%	28.28%	257.42%
Shares Outstanding (Basic)	362	365	324	272	266
Shares Outstanding (Diluted)	362	365	324	272	266
Shares Change (YoY)	-1.08%	12.75%	19.29%	2.07%	155.98%
EPS (Basic)	0.77	0.63	0.53	0.49	0.39
EPS (Diluted)	0.77	0.63	0.53	0.49	0.39
EPS Growth	22.22%	18.87%	7.66%	25.68%	41.46%
Free Cash Flow	41.21	105.88	166.89	-16.49	33.62
Free Cash Flow Per Share	0.11	0.29	0.52	-0.06	0.13
Dividend Per Share	-	0.195	0.146	-	-
Dividend Growth	-	33.38%	-	-	-
Gross Margin	34.86%	32.45%	35.78%	34.39%	33.38%
Operating Margin	23.32%	19.58%	21.03%	20.90%	20.32%
Profit Margin	20.23%	20.29%	21.47%	20.04%	19.99%
Free Cash Flow Margin	3.00%	9.33%	20.85%	-2.47%	6.44%
EBITDA	373.85	263.76	204.36	167.22	124.7
EBITDA Margin	27.17%	23.24%	25.54%	25.05%	23.91%
D&A For EBITDA	53.07	41.53	36.06	27.69	18.68
EBIT	320.78	222.23	168.31	139.52	106.01
EBIT Margin	23.32%	19.58%	21.03%	20.90%	20.32%
Effective Tax Rate	11.78%	11.39%	12.05%	11.74%	11.68%
Revenue as Reported	-	1,135	800.26	667.48	-
Advertising Expenses	-	10.82	5.81	6.07	2.58

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