SHA:603329 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	2,848	2,873	2,996	2,504	3,072	2,575
Other Revenue	30.04	37.22	21.31	15.33	16.64	18.45
Revenue	2,878	2,911	3,018	2,520	3,088	2,593
Revenue Growth	-10.02%	-3.55%	19.77%	-18.41%	19.10%	49.55%
Cost of Revenue	2,511	2,677	2,780	2,343	2,757	2,295
Gross Profit	367.28	233.34	237.96	176.55	330.91	298.37
Selling, General & Admin	122.57	131.72	150.3	151.14	144	118.43
Other Operating Expenses	14.52	9.67	8.88	1.28	8.69	4.96
Operating Expenses	142.27	140.46	164.27	153.45	153.62	136.39
Operating Income	225.01	92.88	73.69	23.1	177.29	161.98
Interest Expense	-43.67	-50.99	-32.16	-19.07	-16.48	-9.37
Interest & Investment Income	4.5	4.6	6.7	5.69	23.09	9.4
Earnings From Equity Investments	-0.58	-	-	-	-	-
Currency Exchange Gain (Loss)	1.06	-6.35	-3.52	-3.79	0.58	1.7
Other Non Operating Income (Expenses)	0.37	-0.41	-0.88	-1.61	-0.16	-9.8
EBT Excluding Unusual Items	186.7	39.73	43.83	4.32	184.33	153.9
Gain (Loss) on Sale of Investments	0.12	0.12	-0.2	-0.03	-	-
Gain (Loss) on Sale of Assets	-0.39	0.52	9.08	0.52	3.81	4.33
Asset Writedown	-0.32	-0.32	-0	-0.01	-0.44	-0.01
Other Unusual Items	5.31	22.3	8.07	3.88	11.91	2.6
Pretax Income	191.41	62.35	60.77	8.68	199.61	160.82
Income Tax Expense	59.3	26.06	23.08	1.74	47.74	27.13
Earnings From Continuing Operations	132.12	36.29	37.69	6.94	151.88	133.69
Minority Interest in Earnings	-0.41	1.77	4.78	2.84	-2.68	3.48
Net Income	131.71	38.06	42.47	9.78	149.2	137.18
Net Income to Common	131.71	38.06	42.47	9.78	149.2	137.18
Net Income Growth	171.36%	-10.38%	334.31%	-93.45%	8.76%	113.47%
Shares Outstanding (Basic)	234	211	202	206	206	198
Shares Outstanding (Diluted)	234	211	202	206	206	198
Shares Change	15.68%	4.56%	-2.02%	-	4.40%	15.20%
EPS (Basic)	0.56	0.18	0.21	0.05	0.72	0.69
EPS (Diluted)	0.56	0.18	0.21	0.05	0.72	0.69
EPS Growth	134.58%	-14.29%	354.56%	-93.61%	4.42%	84.87%

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	414.49	-168.96	-600.1	-43.5	-17.89	-175.09
Free Cash Flow Per Share	1.77	-0.80	-2.97	-0.21	-0.09	-0.89
Dividend Per Share	0.046	0.046	0.023	0.077	0.231	0.231
Dividend Growth	99.13%	99.13%	-69.96%	-66.68%	0%	100.00%
Gross Margin	12.76%	8.02%	7.89%	7.01%	10.71%	11.51%
Operating Margin	7.82%	3.19%	2.44%	0.92%	5.74%	6.25%
Profit Margin	4.58%	1.31%	1.41%	0.39%	4.83%	5.29%
Free Cash Flow Margin	14.40%	-5.80%	-19.89%	-1.73%	-0.58%	-6.75%
EBITDA	276.62	141.19	120.74	67.13	216.79	188.69
EBITDA Margin	9.61%	4.85%	4.00%	2.66%	7.02%	7.28%
D&A For EBITDA	51.61	48.31	47.05	44.03	39.49	26.71
EBIT	225.01	92.88	73.69	23.1	177.29	161.98
EBIT Margin	7.82%	3.19%	2.44%	0.92%	5.74%	6.25%
Effective Tax Rate	30.98%	41.80%	37.98%	20.06%	23.91%	16.87%
Revenue as Reported	2,878	2,911	3,018	2,520	3,088	2,593
Advertising Expenses	-	-	-	0.07	0.02	0.28