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	1,070	943.46	869.76	832.92	806.1	778.9
Other Revenue	19.11	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	688.5	592.47	555.34	531.95	483.34	456.23
Gross Profit	400.31	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	31.76	10.49	4.62	7.48	10.15	8.95
Operating Expenses	214.58	184.12	181.33	186.59	167.07	148.54
Operating Income	185.73	188.73	155.1	135.59	178.66	190.32
Interest Expense	-5.39	-3.24	-2.38	-1.15	-4.37	-2.17
Interest & Investment Income	48.39	47.81	48.56	41	34.64	21.52
Currency Exchange Gain (Loss)	-50.42	-20.83	14.05	7.9	49.22	-11.5
Other Non Operating Income (Expenses)	-0.07	-0.32	-0.3	-0.28	-0.3	-0.29
EBT Excluding Unusual Items	178.24	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	-0.41	-0.41	-0.03	-0.5	-0.86	-0.05
Other Unusual Items	47.41	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	36.77%	38.63%	37.73%	37.72%	41.70%	42.62%
Operating Margin	17.06%	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	229.57	229.21	193.32	169.15	202.74	211.62
EBITDA Margin	21.09%	23.75%	21.68%	19.80%	24.45%	26.62%
D&A For EBITDA	43.85	40.48	38.22	33.56	24.08	21.3
EBIT	185.73	188.73	155.1	135.59	178.66	190.32
EBIT Margin	17.06%	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	1,089	965.32	891.76	854.13	829.07	795.09
Advertising Expenses	-	4.02	3.57	3.75	2.13	3.23