SHA:603269 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	Mar '26 Mar 31, 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	1,928	1,844	1,597	1,378	1,353	1,129
Other Revenue	-	-	1.76	2.58	0.94	1.2
Revenue	1,928	1,844	1,599	1,381	1,354	1,130
Revenue Growth (YoY)	21.12%	15.36%	15.80%	1.95%	19.86%	35.44%
Cost of Revenue	1,321	1,268	1,134	984.29	987.17	810.09
Gross Profit	607.94	576.81	464.47	396.34	367.02	319.77
Selling, General & Admin	307.52	294.02	242.82	249.45	223.01	201.13
Research & Development	47.44	46.95	47.82	38.55	35.66	27.43
Other Operating Expenses	8.94	9.22	6.16	-1.29	6.47	4.24
Operating Expenses	363.9	350.19	304.85	315.07	280.75	248.41
Operating Income	244.04	226.62	159.62	81.27	86.27	71.36
Interest Expense	-	-	-17.17	-18.16	-15.72	-11.83
Interest & Investment Income	0.21	0.3	3.94	4.77	1.75	1.56
Currency Exchange Gain (Loss)	-	-	-23.82	10.56	5.69	3.34
Other Non Operating Income (Expenses)	-86.91	-75.44	-5.89	-2.07	-2.44	-1.12
EBT Excluding Unusual Items	157.33	151.48	116.69	76.37	75.55	63.31
Gain (Loss) on Sale of Investments	-0.08	-0.15	-0.43	-1.3	6.57	3.89
Gain (Loss) on Sale of Assets	-2.92	-1.6	-0.25	35.33	12.39	-0.29
Asset Writedown	9.52	9.47	0.01	0.09	0	-
Other Unusual Items	-	-	3.4	0.44	4.85	6.93
Pretax Income	163.85	159.2	119.42	110.93	99.35	73.83
Income Tax Expense	43.42	38.66	17.19	20.99	20.67	16.09
Earnings From Continuing Operations	120.43	120.53	102.23	89.94	78.69	57.75
Minority Interest in Earnings	-1.29	-4.85	-6.32	-5.12	-4.93	-4.81
Net Income	119.14	115.68	95.91	84.82	73.75	52.93
Net Income to Common	119.14	115.68	95.91	84.82	73.75	52.93
Net Income Growth	16.83%	20.61%	13.08%	15.01%	39.33%	13.90%
Shares Outstanding (Basic)	305	304	312	313	308	309
Shares Outstanding (Diluted)	305	304	312	313	308	309
Shares Change (YoY)	-1.25%	-2.53%	-0.07%	1.62%	-0.47%	11.44%
EPS (Basic)	0.39	0.38	0.31	0.27	0.24	0.17
EPS (Diluted)	0.39	0.38	0.31	0.27	0.24	0.17
EPS Growth	18.32%	23.74%	13.15%	13.18%	39.99%	2.21%
Free Cash Flow	31.91	153.51	151.95	184.9	-49.13	-61.96
Free Cash Flow Per Share	0.10	0.50	0.49	0.59	-0.16	-0.20
Dividend Per Share	-	-	0.214	0.153	0.091	0.080
Dividend Growth	-	-	39.97%	68.06%	13.59%	10.01%
Gross Margin	31.52%	31.27%	29.05%	28.71%	27.10%	28.30%
Operating Margin	12.65%	12.29%	9.98%	5.89%	6.37%	6.32%
Profit Margin	6.18%	6.27%	6.00%	6.14%	5.45%	4.69%
Free Cash Flow Margin	1.65%	8.32%	9.50%	13.39%	-3.63%	-5.48%
EBITDA	278.21	259.53	187.49	109.62	115.91	105.54
EBITDA Margin	14.43%	14.07%	11.73%	7.94%	8.56%	9.34%
D&A For EBITDA	34.17	32.91	27.87	28.35	29.63	34.18
EBIT	244.04	226.62	159.62	81.27	86.27	71.36
EBIT Margin	12.65%	12.29%	9.98%	5.89%	6.37%	6.32%
Effective Tax Rate	26.50%	24.29%	14.39%	18.92%	20.80%	21.79%
Revenue as Reported	-	-	1,599	1,381	1,354	1,130

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