SHA:603320 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	983.3	989.11	868.57	928.24	1,012
Other Revenue	-	67.66	61.45	72.22	126.05
Revenue	983.3	1,057	930.02	1,000	1,138
Revenue Growth (YoY)	-6.95%	13.63%	-7.04%	-12.09%	56.20%
Cost of Revenue	829.53	898.1	803.72	888.04	976.31
Gross Profit	153.77	158.67	126.3	112.42	161.78
Selling, General & Admin	20.83	22.48	23.24	21.47	20.5
Research & Development	47.07	46.88	45.68	44.62	45.38
Other Operating Expenses	2.96	1.35	2.89	7.04	3.65
Operating Expenses	70.85	70.57	72.21	74.51	70.26
Operating Income	82.92	88.1	54.09	37.9	91.53
Interest Expense	-	-16.52	-16.64	-16.21	-15.38
Interest & Investment Income	2.4	9.07	10.96	6.96	8.59
Currency Exchange Gain (Loss)	-	1.54	0.31	1.97	-0.45
Other Non Operating Income (Expenses)	6.81	-0.65	-1.61	-0.43	-0.31
EBT Excluding Unusual Items	92.13	81.54	47.1	30.2	83.98
Gain (Loss) on Sale of Investments	0.04	1.39	-0	-0.06	0.06
Gain (Loss) on Sale of Assets	0.84	-1.74	-	-	0.01
Asset Writedown	-3.13	-	-2.12	-	-
Other Unusual Items	-	0.42	7.21	7.09	6.78
Pretax Income	89.89	81.61	52.18	37.31	90.82
Income Tax Expense	9.35	14.97	10.75	3	12.1
Earnings From Continuing Operations	80.55	66.64	41.43	34.31	78.72
Minority Interest in Earnings	0	-0.01	0.11	-0.11	-0.1
Net Income	80.55	66.63	41.54	34.2	78.62
Net Income to Common	80.55	66.63	41.54	34.2	78.62
Net Income Growth	20.88%	60.40%	21.47%	-56.50%	88.19%
Shares Outstanding (Basic)	146	131	130	132	131
Shares Outstanding (Diluted)	146	131	130	132	131
Shares Change (YoY)	12.09%	0.64%	-1.31%	0.38%	0.37%
EPS (Basic)	0.55	0.51	0.32	0.26	0.60
EPS (Diluted)	0.55	0.51	0.32	0.26	0.60
EPS Growth	7.84%	59.38%	23.08%	-56.67%	87.50%
Free Cash Flow	99.14	90.86	41.72	78.26	-82.18
Free Cash Flow Per Share	0.68	0.69	0.32	0.59	-0.63
Dividend Per Share	-	0.140	0.100	0.080	0.200
Dividend Growth	-	40.00%	25.00%	-60.00%	100.00%
Gross Margin	15.64%	15.02%	13.58%	11.24%	14.21%
Operating Margin	8.43%	8.34%	5.82%	3.79%	8.04%
Profit Margin	8.19%	6.30%	4.47%	3.42%	6.91%
Free Cash Flow Margin	10.08%	8.60%	4.49%	7.82%	-7.22%
EBITDA	124.81	128.49	93.63	69.33	114.79
EBITDA Margin	12.69%	12.16%	10.07%	6.93%	10.09%
D&A For EBITDA	41.89	40.39	39.54	31.43	23.26
EBIT	82.92	88.1	54.09	37.9	91.53
EBIT Margin	8.43%	8.34%	5.82%	3.79%	8.04%
Effective Tax Rate	10.40%	18.34%	20.61%	8.05%	13.33%
Revenue as Reported	-	1,057	930.02	1,000	1,138

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.