SHA:603239 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	1,487	1,468	1,191	1,030	910.13	765.46
Other Revenue	53.46	53.8	33.33	35.54	26.31	21.73
Revenue	1,541	1,522	1,225	1,066	936.44	787.19
Revenue Growth	14.84%	24.31%	14.90%	13.81%	18.96%	27.40%
Cost of Revenue	1,127	1,085	868.68	767.78	670.73	514.75
Gross Profit	413.44	437.43	355.83	297.97	265.72	272.44
Selling, General & Admin	127.96	124.66	103.28	86.16	89.5	82.05
Research & Development	54.44	55.25	49.69	43.78	36.37	37.26
Other Operating Expenses	0.6	-0.82	-0.17	-2.21	-0.18	-3.48
Operating Expenses	180.05	178.5	158.27	130.28	127.93	117.48
Operating Income	233.39	258.94	197.57	167.69	137.79	154.96
Interest Expense	-0.97	-0.91	-0.94	-2.41	-2.52	-1.1
Interest & Investment Income	0.43	0.51	1.38	2.29	2.89	4.33
Currency Exchange Gain (Loss)	0.56	-0.1	-0.67	-0.05	-2.05	0.2
Other Non Operating Income (Expenses)	-1.1	-0.18	-0.28	-0.17	-0.08	2.37
EBT Excluding Unusual Items	231.54	258.25	197.07	167.35	136.02	160.76
Gain (Loss) on Sale of Investments	-0.69	-0.69	0.1	0.8	2.27	1.01
Gain (Loss) on Sale of Assets	-0.9	-0.96	-0.38	-0.17	-	-1.18
Asset Writedown	-0.71	-0.31	-4.52	-0.69	-1.32	-0.12
Other Unusual Items	2.23	2.6	4.77	3.04	4.81	1.01
Pretax Income	231.47	258.89	197.05	170.33	141.79	161.47
Income Tax Expense	36.45	36.99	25.32	19.3	15.59	19.64
Earnings From Continuing Operations	195.02	221.9	171.73	151.04	126.2	141.83
Minority Interest in Earnings	0.52	0	-	-	-	-
Net Income	195.54	221.9	171.73	151.04	126.2	141.83
Net Income to Common	195.54	221.9	171.73	151.04	126.2	141.83
Net Income Growth	4.37%	29.22%	13.70%	19.68%	-11.02%	33.10%
Shares Outstanding (Basic)	271	271	273	270	269	273
Shares Outstanding (Diluted)	271	271	273	270	269	273
Shares Change	-0.25%	-0.72%	1.07%	0.45%	-1.56%	-0.17%
EPS (Basic)	0.72	0.82	0.63	0.56	0.47	0.52
EPS (Diluted)	0.72	0.82	0.63	0.56	0.47	0.52
EPS Growth	4.63%	30.16%	12.50%	19.15%	-9.62%	33.33%

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	57	107.84	26.34	138.07	19.02	-91.11
Free Cash Flow Per Share	0.21	0.40	0.10	0.51	0.07	-0.33
Dividend Per Share	0.300	0.300	0.210	0.320	0.320	0.500
Dividend Growth	42.86%	42.86%	-34.38%	0%	-36.00%	42.86%
Gross Margin	26.83%	28.74%	29.06%	27.96%	28.38%	34.61%
Operating Margin	15.15%	17.01%	16.13%	15.73%	14.71%	19.68%
Profit Margin	12.69%	14.58%	14.02%	14.17%	13.48%	18.02%
Free Cash Flow Margin	3.70%	7.08%	2.15%	12.96%	2.03%	-11.57%
EBITDA	298.98	322.46	257.2	217.9	184.3	198.65
EBITDA Margin	19.41%	21.18%	21.00%	20.45%	19.68%	25.24%
D&A For EBITDA	65.59	63.52	59.63	50.21	46.51	43.69
EBIT	233.39	258.94	197.57	167.69	137.79	154.96
EBIT Margin	15.15%	17.01%	16.13%	15.73%	14.71%	19.68%
Effective Tax Rate	15.75%	14.29%	12.85%	11.33%	11.00%	12.16%
Revenue as Reported	1,541	1,522	1,225	1,066	936.44	787.19