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	Sep '26 Sep 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	1,140	943.46	869.76	832.92	806.1	778.9
Other Revenue	21.87	21.87	22.01	21.21	22.97	16.19
Revenue	1,161	965.32	891.76	854.13	829.07	795.09
Revenue Growth	26.91%	8.25%	4.41%	3.02%	4.27%	37.94%
Cost of Revenue	747.78	592.47	555.34	531.95	483.34	456.23
Gross Profit	413.61	372.85	336.43	322.18	345.73	338.86
Selling, General & Admin	83.6	79.16	78.68	86.85	75.68	74.79
Research & Development	98.01	93.44	98.5	91.76	79.39	63.07
Other Operating Expenses	7.88	10.49	4.62	7.48	10.15	8.95
Operating Expenses	188.8	184.12	181.33	186.59	167.07	148.54
Operating Income	224.8	188.73	155.1	135.59	178.66	190.32
Interest Expense	-1.16	-3.24	-2.38	-1.15	-4.37	-2.17
Interest & Investment Income	25.23	47.81	48.56	41	34.64	21.52
Currency Exchange Gain (Loss)	-20.83	-20.83	14.05	7.9	49.22	-11.5
Other Non Operating Income (Expenses)	-16.15	-0.32	-0.3	-0.28	-0.3	-0.29
EBT Excluding Unusual Items	211.9	212.16	215.02	183.06	257.85	197.89
Impairment of Goodwill	-	-	-	-	-1.71	-
Gain (Loss) on Sale of Investments	3.35	1.27	-14.71	-25	10.08	-0.34
Gain (Loss) on Sale of Assets	-1.67	0.02	-0.06	60.9	-0.09	79.31
Asset Writedown	4.54	-0.41	-0.03	-0.5	-0.86	-0.05
Other Unusual Items	28.03	31.77	33.21	33.34	42.76	27.67
Pretax Income	246.15	244.81	233.44	251.8	308.04	304.47
Income Tax Expense	23.18	25.13	25.4	17.1	29.53	43.44
Earnings From Continuing Operations	222.97	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	223.08	219.86	208.58	235.35	278.98	261.46
Net Income to Common	223.08	219.86	208.58	235.35	278.98	261.46
Net Income Growth	1.69%	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	-0.33%	-0.45%	1.42%	-0.27%	0.38%	-0.12%
EPS (Basic)	2.01	1.98	1.88	2.14	2.54	2.39
EPS (Diluted)	2.01	1.98	1.87	2.14	2.53	2.38
EPS Growth	2.03%	5.88%	-12.62%	-15.42%	6.30%	61.91%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	145.42	152.89	127.23	61.08	73.43	101.02
Free Cash Flow Per Share	1.31	1.38	1.14	0.56	0.67	0.92
Dividend Per Share	0.900	0.900	0.850	0.955	0.960	0.900
Dividend Growth	5.88%	5.88%	-11.00%	-0.52%	6.67%	69.81%
Gross Margin	35.61%	38.63%	37.73%	37.72%	41.70%	42.62%
Operating Margin	19.36%	19.55%	17.39%	15.88%	21.55%	23.94%
Profit Margin	19.21%	22.78%	23.39%	27.56%	33.65%	32.88%
Free Cash Flow Margin	12.52%	15.84%	14.27%	7.15%	8.86%	12.71%
EBITDA	266.97	229.21	193.32	169.15	202.74	211.62
EBITDA Margin	22.99%	23.75%	21.68%	19.80%	24.45%	26.62%
D&A For EBITDA	42.17	40.48	38.22	33.56	24.08	21.3
EBIT	224.8	188.73	155.1	135.59	178.66	190.32
EBIT Margin	19.36%	19.55%	17.39%	15.88%	21.55%	23.94%
Effective Tax Rate	9.42%	10.27%	10.88%	6.79%	9.59%	14.27%
Revenue as Reported	291.4	965.32	891.76	854.13	829.07	795.09
Advertising Expenses	-	4.02	3.57	3.75	2.13	3.23