SHA:603496 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	1,047	1,119	770.5	769.29	676.63
Other Revenue	-	-1.9	0.92	1.24	1.58
Revenue	1,047	1,117	771.42	770.53	678.21
Revenue Growth (YoY)	-6.31%	44.83%	0.11%	13.61%	27.21%
Cost of Revenue	-	785.31	448.1	469.05	443.66
Gross Profit	1,047	331.9	323.32	301.47	234.55
Selling, General & Admin	-	113.51	108.65	108.59	88.01
Research & Development	-	142.19	140.59	146.47	133.86
Other Operating Expenses	1,013	-13.23	-5.51	-3.59	-4.76
Operating Expenses	1,013	293.52	260.46	254.32	232.67
Operating Income	34.14	38.37	62.86	47.15	1.88
Interest Expense	-	-8.29	-6.34	-8.1	-8.04
Interest & Investment Income	-	8.74	24.77	14.75	28.02
Other Non Operating Income (Expenses)	0.14	-0.98	0.07	-0.24	-0.03
EBT Excluding Unusual Items	34.28	37.84	81.37	53.56	21.83
Gain (Loss) on Sale of Investments	-	-8.78	-14.52	12.84	29.89
Gain (Loss) on Sale of Assets	-	0.06	3.22	5.09	0.06
Other Unusual Items	-	5.02	7.2	3.41	1.97
Pretax Income	34.28	34.14	77.27	74.9	53.75
Income Tax Expense	4.59	8.02	-0.25	-0.29	4.21
Earnings From Continuing Operations	29.69	26.12	77.52	75.2	49.54
Minority Interest in Earnings	-	0.73	1.26	1.03	3.9
Net Income	29.69	26.85	78.78	76.22	53.44
Net Income to Common	29.69	26.85	78.78	76.22	53.44
Net Income Growth	10.59%	-65.92%	3.36%	42.63%	46.83%
Shares Outstanding (Basic)	272	320	312	278	292
Shares Outstanding (Diluted)	272	320	312	278	292
Shares Change (YoY)	-15.05%	2.69%	12.12%	-4.65%	3.45%
EPS (Basic)	0.11	0.08	0.25	0.27	0.18
EPS (Diluted)	0.11	0.08	0.25	0.27	0.18
EPS Growth	30.19%	-66.81%	-7.81%	49.59%	41.94%
Free Cash Flow	-	-14.9	24.68	-30.14	-120.13
Free Cash Flow Per Share	-	-0.05	0.08	-0.11	-0.41
Dividend Per Share	-	0.040	-	0.050	0.036
Dividend Growth	-	-	-	40.06%	-
Gross Margin	100.00%	29.71%	41.91%	39.13%	34.58%
Operating Margin	3.26%	3.44%	8.15%	6.12%	0.28%
Profit Margin	2.84%	2.40%	10.21%	9.89%	7.88%
Free Cash Flow Margin	-	-1.33%	3.20%	-3.91%	-17.71%
EBITDA	48.05	52.28	76.44	58.74	13.66
EBITDA Margin	4.59%	4.68%	9.91%	7.62%	2.02%
D&A For EBITDA	13.91	13.91	13.58	11.59	11.79
EBIT	34.14	38.37	62.86	47.15	1.88
EBIT Margin	3.26%	3.44%	8.15%	6.12%	0.28%
Effective Tax Rate	13.38%	23.50%	-	-	7.83%
Revenue as Reported	-	1,117	771.42	770.53	678.21

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