SHA:603200 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	502.85	481.72	541.18	604.9	558.29
Other Revenue	-	28.3	0.25	0.08	1.64
Revenue	502.85	510.02	541.44	604.98	559.94
Revenue Growth (YoY)	-1.41%	-5.80%	-10.50%	8.04%	5.63%
Cost of Revenue	345.69	329.72	356.57	432.57	399.52
Gross Profit	157.16	180.3	184.87	172.41	160.42
Selling, General & Admin	94.42	92.47	86.31	86.89	81.12
Research & Development	34.31	45.25	38.27	37.35	35.87
Other Operating Expenses	-3.09	-0.47	-3.03	-3.78	-2.91
Operating Expenses	125.64	144.04	148.1	131.35	127.17
Operating Income	31.51	36.26	36.77	41.06	33.25
Interest Expense	-	-10.57	-8.14	-6.33	-6.92
Interest & Investment Income	121.19	12.45	10.53	11.68	10.56
Currency Exchange Gain (Loss)	-	0.18	0.84	4	-0.85
Other Non Operating Income (Expenses)	-56.08	-1.79	2.02	-1.02	3.67
EBT Excluding Unusual Items	96.62	36.53	42.01	49.38	39.7
Impairment of Goodwill	-	-	-	-8.48	-
Gain (Loss) on Sale of Investments	1.24	0.02	0.73	-0.43	-
Gain (Loss) on Sale of Assets	-17.52	0.11	-0.18	0.02	0.74
Asset Writedown	5.05	-	-	-	-
Other Unusual Items	-	4.57	1.51	2.53	-0.13
Pretax Income	85.39	41.22	44.07	43.04	40.32
Income Tax Expense	7.99	4.43	4.23	3.9	1.24
Earnings From Continuing Operations	77.4	36.8	39.84	39.14	39.08
Minority Interest in Earnings	12.56	6.16	-0.87	3.13	1.95
Net Income	89.96	42.95	38.97	42.27	41.03
Net Income to Common	89.96	42.95	38.97	42.27	41.03
Net Income Growth	109.44%	10.21%	-7.80%	3.02%	17.58%
Shares Outstanding (Basic)	175	175	174	176	171
Shares Outstanding (Diluted)	175	175	174	176	171
Shares Change (YoY)	0.17%	0.55%	-1.08%	3.02%	-0.59%
EPS (Basic)	0.51	0.25	0.22	0.24	0.24
EPS (Diluted)	0.51	0.25	0.22	0.24	0.24
EPS Growth	109.10%	9.61%	-6.79%	-	18.29%
Free Cash Flow	-106.08	-74.17	-2.92	71.73	12.42
Free Cash Flow Per Share	-0.60	-0.42	-0.02	0.41	0.07
Dividend Per Share	-	0.090	0.070	0.075	0.072
Dividend Growth	-	28.57%	-6.30%	3.05%	13.64%
Gross Margin	31.25%	35.35%	34.14%	28.50%	28.65%
Operating Margin	6.27%	7.11%	6.79%	6.79%	5.94%
Profit Margin	17.89%	8.42%	7.20%	6.99%	7.33%
Free Cash Flow Margin	-21.09%	-14.54%	-0.54%	11.86%	2.22%
EBITDA	53.81	59.76	53.7	55.56	43.86
EBITDA Margin	10.70%	11.72%	9.92%	9.18%	7.83%
D&A For EBITDA	22.3	23.5	16.93	14.51	10.61
EBIT	31.51	36.26	36.77	41.06	33.25
EBIT Margin	6.27%	7.11%	6.79%	6.79%	5.94%
Effective Tax Rate	9.35%	10.74%	9.59%	9.06%	3.07%
Revenue as Reported	-	510.02	541.44	604.98	559.94
Advertising Expenses	-	0.32	0.11	0.3	0.06

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