SHA:603311 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	855.49	782.87	723.56	788.78	755.73
Other Revenue	-	5.67	1.63	0.55	1.9
Revenue	855.49	788.54	725.19	789.33	757.64
Revenue Growth (YoY)	8.49%	8.73%	-8.13%	4.18%	9.27%
Cost of Revenue	663.41	612.85	542.87	613.14	553.91
Gross Profit	192.08	175.69	182.32	176.19	203.72
Selling, General & Admin	105.44	95.76	95.67	101.2	90.31
Research & Development	17.56	19.25	20.18	14.2	22.14
Other Operating Expenses	1.82	3.57	6.8	4.6	5.27
Operating Expenses	124.83	119.61	122.4	119.25	118.06
Operating Income	67.25	56.09	59.93	56.94	85.66
Interest Expense	-	-4.34	-6.4	-8.1	-6.6
Interest & Investment Income	4.11	9.17	7.73	28.41	3.27
Currency Exchange Gain (Loss)	-	1.01	0.18	5.96	-5.83
Other Non Operating Income (Expenses)	-1.68	-0.47	-0.24	-0.77	-0.47
EBT Excluding Unusual Items	69.68	61.45	61.2	82.44	76.04
Gain (Loss) on Sale of Investments	-2.83	-3.55	-0.77	-5.55	-0.02
Gain (Loss) on Sale of Assets	25.75	4.51	-0.52	-0.45	0.13
Asset Writedown	-4.57	-	-7.21	-	0.29
Other Unusual Items	-	3.86	8.75	13.62	8.04
Pretax Income	88.02	66.28	61.45	90.06	84.48
Income Tax Expense	9.53	1.24	12.25	14.45	12.98
Earnings From Continuing Operations	78.49	65.04	49.2	75.62	71.5
Net Income	78.49	65.04	49.2	75.62	71.5
Net Income to Common	78.49	65.04	49.2	75.62	71.5
Net Income Growth	20.69%	32.20%	-34.94%	5.76%	-23.41%
Shares Outstanding (Basic)	238	232	234	210	210
Shares Outstanding (Diluted)	238	232	234	210	210
Shares Change (YoY)	2.40%	-0.85%	11.54%	-0.12%	-0.88%
EPS (Basic)	0.33	0.28	0.21	0.36	0.34
EPS (Diluted)	0.33	0.28	0.21	0.36	0.34
EPS Growth	17.86%	33.33%	-41.67%	5.88%	-22.73%
Free Cash Flow	97.88	43.03	5.81	98.74	-6.26
Free Cash Flow Per Share	0.41	0.18	0.03	0.47	-0.03
Dividend Per Share	-	0.120	0.080	0.120	0.120
Dividend Growth	-	50.00%	-33.33%	-	-40.00%
Gross Margin	22.45%	22.28%	25.14%	22.32%	26.89%
Operating Margin	7.86%	7.11%	8.26%	7.21%	11.31%
Profit Margin	9.18%	8.25%	6.78%	9.58%	9.44%
Free Cash Flow Margin	11.44%	5.46%	0.80%	12.51%	-0.83%
EBITDA	109.84	96.61	99.86	91.26	122.13
EBITDA Margin	12.84%	12.25%	13.77%	11.56%	16.12%
D&A For EBITDA	42.59	40.52	39.93	34.32	36.47
EBIT	67.25	56.09	59.93	56.94	85.66
EBIT Margin	7.86%	7.11%	8.26%	7.21%	11.31%
Effective Tax Rate	10.83%	1.87%	19.94%	16.04%	15.36%
Revenue as Reported	-	788.54	725.19	789.33	757.64
Advertising Expenses	-	0.12	0.97	1.39	1.12

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