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	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	1,079	943.46	869.76	832.92	806.1	778.9
Other Revenue	10.27	21.87	22.01	21.21	22.97	16.19
Revenue	1,089	965.32	891.76	854.13	829.07	795.09
Revenue Growth	20.39%	8.25%	4.41%	3.02%	4.27%	37.94%
Cost of Revenue	687.56	592.47	555.34	531.95	483.34	456.23
Gross Profit	401.25	372.85	336.43	322.18	345.73	338.86
Selling, General & Admin	82.25	79.16	78.68	86.85	75.68	74.79
Research & Development	97.76	93.44	98.5	91.76	79.39	63.07
Other Operating Expenses	7.3	10.49	4.62	7.48	10.15	8.95
Operating Expenses	187.53	184.12	181.33	186.59	167.07	148.54
Operating Income	213.72	188.73	155.1	135.59	178.66	190.32
Interest Expense	-1.91	-3.24	-2.38	-1.15	-4.37	-2.17
Interest & Investment Income	30.7	47.81	48.56	41	34.64	21.52
Currency Exchange Gain (Loss)	-17.77	-20.83	14.05	7.9	49.22	-11.5
Other Non Operating Income (Expenses)	-21.08	-0.32	-0.3	-0.28	-0.3	-0.29
EBT Excluding Unusual Items	203.66	212.16	215.02	183.06	257.85	197.89
Impairment of Goodwill	-	-	-	-	-1.71	-
Gain (Loss) on Sale of Investments	4.35	1.27	-14.71	-25	10.08	-0.34
Gain (Loss) on Sale of Assets	-0.78	0.02	-0.06	60.9	-0.09	79.31
Asset Writedown	-1.35	-0.41	-0.03	-0.5	-0.86	-0.05
Other Unusual Items	22.94	31.77	33.21	33.34	42.76	27.67
Pretax Income	228.82	244.81	233.44	251.8	308.04	304.47
Income Tax Expense	21.92	25.13	25.4	17.1	29.53	43.44
Earnings From Continuing Operations	206.9	219.67	208.05	234.7	278.51	261.03
Minority Interest in Earnings	0.18	0.19	0.53	0.65	0.48	0.43
Net Income	207.08	219.86	208.58	235.35	278.98	261.46
Net Income to Common	207.08	219.86	208.58	235.35	278.98	261.46
Net Income Growth	-4.70%	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	-0.63%	-0.45%	1.42%	-0.27%	0.38%	-0.12%
EPS (Basic)	1.87	1.98	1.88	2.14	2.54	2.39
EPS (Diluted)	1.87	1.98	1.87	2.14	2.53	2.38
EPS Growth	-4.10%	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	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	147.01	152.89	127.23	61.08	73.43	101.02
Free Cash Flow Per Share	1.33	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	36.85%	38.63%	37.73%	37.72%	41.70%	42.62%
Operating Margin	19.63%	19.55%	17.39%	15.88%	21.55%	23.94%
Profit Margin	19.02%	22.78%	23.39%	27.56%	33.65%	32.88%
Free Cash Flow Margin	13.50%	15.84%	14.27%	7.15%	8.86%	12.71%
EBITDA	259.42	229.21	193.32	169.15	202.74	211.62
EBITDA Margin	23.83%	23.75%	21.68%	19.80%	24.45%	26.62%
D&A For EBITDA	45.7	40.48	38.22	33.56	24.08	21.3
EBIT	213.72	188.73	155.1	135.59	178.66	190.32
EBIT Margin	19.63%	19.55%	17.39%	15.88%	21.55%	23.94%
Effective Tax Rate	9.58%	10.27%	10.88%	6.79%	9.59%	14.27%
Revenue as Reported	524.33	965.32	891.76	854.13	829.07	795.09
Advertising Expenses	-	4.02	3.57	3.75	2.13	3.23