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	1,926	1,842	1,597	1,378	1,353	1,129
Other Revenue	2.42	2.42	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	1,313	1,260	1,134	984.29	987.17	810.09
Gross Profit	615.96	584.83	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	10.98	11.26	6.47	-1.29	6.47	4.24
Operating Expenses	414.82	393.65	305.17	315.07	280.75	248.41
Operating Income	201.14	191.18	159.3	81.27	86.27	71.36
Interest Expense	-18.66	-18.02	-16.88	-18.11	-15.72	-11.83
Interest & Investment Income	3.18	3.33	3.94	4.77	1.75	1.56
Currency Exchange Gain (Loss)	-17.06	-17.06	-23.82	10.56	5.69	3.34
Other Non Operating Income (Expenses)	-6.77	-2.61	-6.18	-2.12	-2.44	-1.12
EBT Excluding Unusual Items	161.84	156.83	116.37	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	0.05	-	0.01	0.09	0	-
Other Unusual Items	4.96	4.12	3.72	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	309	313	308	309
Shares Outstanding (Diluted)	305	304	309	313	308	309
Shares Change (YoY)	-1.25%	-1.61%	-1.00%	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%	22.58%	14.22%	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	0.180	0.180	0.214	0.153	0.091	0.080
Dividend Growth	-16.01%	-16.01%	39.97%	68.06%	13.59%	10.01%
Gross Margin	31.94%	31.71%	29.05%	28.71%	27.10%	28.30%
Operating Margin	10.43%	10.37%	9.96%	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	234.68	223.66	187.56	109.62	115.91	105.54
EBITDA Margin	12.17%	12.13%	11.73%	7.94%	8.56%	9.34%
D&A For EBITDA	33.53	32.48	28.26	28.35	29.63	34.18
EBIT	201.14	191.18	159.3	81.27	86.27	71.36
EBIT Margin	10.43%	10.37%	9.96%	5.89%	6.37%	6.32%
Effective Tax Rate	26.50%	24.29%	14.39%	18.92%	20.80%	21.79%
Revenue as Reported	1,928	1,844	1,599	1,381	1,354	1,130

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