SHA:603199 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	859.48	751.09	717.55	326.9	420.44
Other Revenue	19.09	13.34	6.09	5.14	5.23
Revenue	878.56	764.44	723.64	332.04	425.67
Revenue Growth (YoY)	14.93%	5.64%	117.94%	-22.00%	24.81%
Cost of Revenue	443.08	384.84	373.27	246.43	253.15
Gross Profit	435.48	379.6	350.37	85.61	172.52
Selling, General & Admin	147.97	133.81	124.17	91.73	95.29
Other Operating Expenses	17.01	15.68	8.16	7.96	10.8
Operating Expenses	164.92	149.4	132.46	99.7	106.04
Operating Income	270.57	230.19	217.9	-14.1	66.48
Interest Expense	-0.66	-0.63	-0.16	-0.17	-0.17
Interest & Investment Income	11.7	13.65	13.3	8.55	10.25
Other Non Operating Income (Expenses)	-0.16	-0.01	-0.28	-0.09	-0.29
EBT Excluding Unusual Items	281.45	243.21	230.76	-5.81	76.27
Impairment of Goodwill	-	-	-	-9.56	-
Gain (Loss) on Sale of Assets	0.24	-	-	-	-
Asset Writedown	-0.49	-0.13	-1.63	-0.87	-0.41
Other Unusual Items	3.04	4.05	3.32	2.65	5.91
Pretax Income	284.24	247.14	232.45	-13.59	81.77
Income Tax Expense	71.41	61.13	57.8	0.11	21.25
Net Income	212.83	186.01	174.66	-13.7	60.52
Net Income to Common	212.83	186.01	174.66	-13.7	60.52
Net Income Growth	14.42%	6.50%	-	-	10.95%
Shares Outstanding (Basic)	111	111	111	114	110
Shares Outstanding (Diluted)	111	111	111	114	110
Shares Change (YoY)	0.11%	0.16%	-3.17%	3.74%	-1.15%
EPS (Basic)	1.92	1.68	1.58	-0.12	0.55
EPS (Diluted)	1.92	1.68	1.58	-0.12	0.55
EPS Growth	14.29%	6.33%	-	-	12.25%
Free Cash Flow	100.16	127.29	134.04	-87.51	72.3
Free Cash Flow Per Share	0.90	1.15	1.21	-0.77	0.66
Dividend Per Share	0.770	0.680	0.790	-	0.170
Dividend Growth	13.23%	-13.92%	-	-	13.33%
Gross Margin	49.57%	49.66%	48.42%	25.78%	40.53%
Operating Margin	30.80%	30.11%	30.11%	-4.25%	15.62%
Profit Margin	24.22%	24.33%	24.14%	-4.13%	14.22%
Free Cash Flow Margin	11.40%	16.65%	18.52%	-26.36%	16.98%
EBITDA	356.41	309.96	292.78	58.16	136.76
EBITDA Margin	40.57%	40.55%	40.46%	17.52%	32.13%
D&A For EBITDA	85.85	79.77	74.87	72.26	70.28
EBIT	270.57	230.19	217.9	-14.1	66.48
EBIT Margin	30.80%	30.11%	30.11%	-4.25%	15.62%
Effective Tax Rate	25.12%	24.73%	24.86%	-	25.98%
Revenue as Reported	878.56	764.44	723.64	332.04	425.67
Advertising Expenses	3.16	3.91	3.64	1.8	1.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.