SHA:603297 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	1,010	965.32	869.76	832.92	806.1	778.9
Other Revenue	-	-	22.01	21.21	22.97	16.19
Revenue	1,010	965.32	891.76	854.13	829.07	795.09
Revenue Growth (YoY)	12.73%	8.25%	4.41%	3.02%	4.27%	37.94%
Cost of Revenue	621.61	586.12	555.34	531.95	483.34	456.23
Gross Profit	387.95	379.2	336.43	322.18	345.73	338.86
Selling, General & Admin	81.07	79.27	78.68	86.85	75.68	74.79
Research & Development	95.64	93.44	98.5	91.76	79.39	63.07
Other Operating Expenses	-14.83	-22.01	4.62	7.48	10.15	8.95
Operating Expenses	161.87	150.7	181.33	186.59	167.07	148.54
Operating Income	226.08	228.49	155.1	135.59	178.66	190.32
Interest Expense	-	-	-2.38	-1.15	-4.37	-2.17
Interest & Investment Income	14.28	13.82	48.56	41	34.64	21.52
Currency Exchange Gain (Loss)	-	-	14.05	7.9	49.22	-11.5
Other Non Operating Income (Expenses)	-4.68	7.51	-0.3	-0.28	-0.3	-0.29
EBT Excluding Unusual Items	235.68	249.82	215.02	183.06	257.85	197.89
Impairment of Goodwill	-	-	-	-	-1.71	-
Gain (Loss) on Sale of Investments	3.03	1.27	-14.71	-25	10.08	-0.34
Gain (Loss) on Sale of Assets	-0.49	0.02	-0.06	60.9	-0.09	79.31
Asset Writedown	-5.37	-6.3	-0.03	-0.5	-0.86	-0.05
Other Unusual Items	-	-	33.21	33.34	42.76	27.67
Pretax Income	232.84	244.81	233.44	251.8	308.04	304.47
Income Tax Expense	22.6	25.13	25.4	17.1	29.53	43.44
Earnings From Continuing Operations	210.23	219.67	208.05	234.7	278.51	261.03
Minority Interest in Earnings	0.11	0.19	0.53	0.65	0.48	0.43
Net Income	210.34	219.86	208.58	235.35	278.98	261.46
Net Income to Common	210.34	219.86	208.58	235.35	278.98	261.46
Net Income Growth	-3.81%	5.41%	-11.37%	-15.64%	6.70%	61.71%
Shares Outstanding (Basic)	111	111	111	110	110	109
Shares Outstanding (Diluted)	111	111	112	110	110	110
Shares Change (YoY)	-0.82%	-0.45%	1.42%	-0.27%	0.38%	-0.12%
EPS (Basic)	1.90	1.98	1.88	2.14	2.54	2.39
EPS (Diluted)	1.90	1.98	1.87	2.14	2.53	2.38
EPS Growth	-3.02%	5.88%	-12.62%	-15.42%	6.30%	61.91%
Free Cash Flow	120.96	152.89	127.23	61.08	73.43	101.02
Free Cash Flow Per Share	1.09	1.38	1.14	0.56	0.67	0.92
Dividend Per Share	-	-	0.850	0.955	0.960	0.900
Dividend Growth	-	-	-11.00%	-0.52%	6.67%	69.81%
Gross Margin	38.43%	39.28%	37.73%	37.72%	41.70%	42.62%
Operating Margin	22.39%	23.67%	17.39%	15.88%	21.55%	23.94%
Profit Margin	20.84%	22.78%	23.39%	27.56%	33.65%	32.88%
Free Cash Flow Margin	11.98%	15.84%	14.27%	7.15%	8.86%	12.71%
EBITDA	270.23	271.09	191.47	169.15	202.74	211.62
EBITDA Margin	26.77%	28.08%	21.47%	19.80%	24.45%	26.62%
D&A For EBITDA	44.15	42.59	36.38	33.56	24.08	21.3
EBIT	226.08	228.49	155.1	135.59	178.66	190.32
EBIT Margin	22.39%	23.67%	17.39%	15.88%	21.55%	23.94%
Effective Tax Rate	9.71%	10.27%	10.88%	6.79%	9.59%	14.27%
Revenue as Reported	-	-	891.76	854.13	829.07	795.09
Advertising Expenses	-	-	3.57	3.75	2.13	3.23

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