SHA:603320 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	Mar '26 Mar 31, 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	921.57	929.71	989.11	868.57	928.24	1,012
Other Revenue	53.59	53.59	67.66	61.45	72.22	126.05
Revenue	975.16	983.3	1,057	930.02	1,000	1,138
Revenue Growth (YoY)	-8.68%	-6.95%	13.63%	-7.04%	-12.09%	56.20%
Cost of Revenue	830.8	832.66	898.1	803.72	888.04	976.31
Gross Profit	144.35	150.64	158.67	126.3	112.42	161.78
Selling, General & Admin	18.84	20.83	22.48	23.24	21.47	20.5
Research & Development	47.37	47.07	46.88	45.68	44.62	45.38
Other Operating Expenses	4.79	5.11	1.35	2.89	7.04	3.65
Operating Expenses	70.74	72.75	70.57	72.21	74.51	70.26
Operating Income	73.61	77.89	88.1	54.09	37.9	91.53
Interest Expense	-1.84	-1.84	-16.52	-16.64	-16.21	-15.38
Interest & Investment Income	11.43	10.2	9.07	10.96	6.96	8.59
Currency Exchange Gain (Loss)	0.07	0.07	1.54	0.31	1.97	-0.45
Other Non Operating Income (Expenses)	-1.15	1.49	-0.65	-1.61	-0.43	-0.31
EBT Excluding Unusual Items	82.13	87.81	81.54	47.1	30.2	83.98
Gain (Loss) on Sale of Investments	-0.71	0.04	1.39	-0	-0.06	0.06
Gain (Loss) on Sale of Assets	0.84	0.84	-1.74	-	-	0.01
Asset Writedown	-	-	-	-2.12	-	-
Other Unusual Items	1.19	1.19	0.42	7.21	7.09	6.78
Pretax Income	83.45	89.89	81.61	52.18	37.31	90.82
Income Tax Expense	8.57	9.35	14.97	10.75	3	12.1
Earnings From Continuing Operations	74.88	80.55	66.64	41.43	34.31	78.72
Minority Interest in Earnings	0	0	-0.01	0.11	-0.11	-0.1
Net Income	74.88	80.55	66.63	41.54	34.2	78.62
Net Income to Common	74.88	80.55	66.63	41.54	34.2	78.62
Net Income Growth	1.20%	20.88%	60.40%	21.47%	-56.50%	88.19%
Shares Outstanding (Basic)	149	146	131	130	132	131
Shares Outstanding (Diluted)	149	146	131	130	132	131
Shares Change (YoY)	12.86%	12.09%	0.64%	-1.31%	0.38%	0.37%
EPS (Basic)	0.50	0.55	0.51	0.32	0.26	0.60
EPS (Diluted)	0.50	0.55	0.51	0.32	0.26	0.60
EPS Growth	-10.32%	7.84%	59.38%	23.08%	-56.67%	87.50%
Free Cash Flow	125.33	99.14	90.86	41.72	78.26	-82.18
Free Cash Flow Per Share	0.84	0.68	0.69	0.32	0.59	-0.63
Dividend Per Share	0.170	0.170	0.140	0.100	0.080	0.200
Dividend Growth	21.43%	21.43%	40.00%	25.00%	-60.00%	100.00%
Gross Margin	14.80%	15.32%	15.02%	13.58%	11.24%	14.21%
Operating Margin	7.55%	7.92%	8.34%	5.82%	3.79%	8.04%
Profit Margin	7.68%	8.19%	6.30%	4.47%	3.42%	6.91%
Free Cash Flow Margin	12.85%	10.08%	8.60%	4.49%	7.82%	-7.22%
EBITDA	115.87	119.78	128.49	93.63	69.33	114.79
EBITDA Margin	11.88%	12.18%	12.16%	10.07%	6.93%	10.09%
D&A For EBITDA	42.26	41.89	40.39	39.54	31.43	23.26
EBIT	73.61	77.89	88.1	54.09	37.9	91.53
EBIT Margin	7.55%	7.92%	8.34%	5.82%	3.79%	8.04%
Effective Tax Rate	10.27%	10.40%	18.34%	20.61%	8.05%	13.33%
Revenue as Reported	983.3	983.3	1,057	930.02	1,000	1,138

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