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	1,046	1,119	770.5	769.29	676.63
Other Revenue	0.95	-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	781.96	785.31	448.1	469.05	443.66
Gross Profit	264.72	331.9	323.32	301.47	234.55
Selling, General & Admin	113.1	113.51	108.65	108.59	88.01
Research & Development	132.39	142.19	140.59	146.47	133.86
Other Operating Expenses	-14.41	-13.23	-5.51	-3.59	-4.76
Operating Expenses	232.93	293.52	260.46	254.32	232.67
Operating Income	31.79	38.37	62.86	47.15	1.88
Interest Expense	-7.78	-8.29	-6.34	-8.1	-8.04
Interest & Investment Income	5.76	8.74	24.77	14.75	28.02
Currency Exchange Gain (Loss)	-0	-	-	-	-
Other Non Operating Income (Expenses)	0.56	-0.98	0.07	-0.24	-0.03
EBT Excluding Unusual Items	30.33	37.84	81.37	53.56	21.83
Gain (Loss) on Sale of Investments	-0.98	-8.78	-14.52	12.84	29.89
Gain (Loss) on Sale of Assets	0.26	0.06	3.22	5.09	0.06
Other Unusual Items	4.66	5.02	7.2	3.41	1.97
Pretax Income	34.28	34.14	77.27	74.9	53.75
Income Tax Expense	-0.15	8.02	-0.25	-0.29	4.21
Earnings From Continuing Operations	34.43	26.12	77.52	75.2	49.54
Minority Interest in Earnings	0.5	0.73	1.26	1.03	3.9
Net Income	34.94	26.85	78.78	76.22	53.44
Net Income to Common	34.94	26.85	78.78	76.22	53.44
Net Income Growth	30.13%	-65.92%	3.36%	42.63%	46.83%
Shares Outstanding (Basic)	320	320	312	278	292
Shares Outstanding (Diluted)	320	320	312	278	292
Shares Change (YoY)	-0.05%	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	145.97	-14.9	24.68	-30.14	-120.13
Free Cash Flow Per Share	0.46	-0.05	0.08	-0.11	-0.41
Dividend Per Share	0.025	0.040	-	0.050	0.036
Dividend Growth	-37.50%	-	-	40.06%	-
Gross Margin	25.29%	29.71%	41.91%	39.13%	34.58%
Operating Margin	3.04%	3.44%	8.15%	6.12%	0.28%
Profit Margin	3.34%	2.40%	10.21%	9.89%	7.88%
Free Cash Flow Margin	13.95%	-1.33%	3.20%	-3.91%	-17.71%
EBITDA	47.91	53.3	76.44	58.74	13.66
EBITDA Margin	4.58%	4.77%	9.91%	7.62%	2.02%
D&A For EBITDA	16.11	14.92	13.58	11.59	11.79
EBIT	31.79	38.37	62.86	47.15	1.88
EBIT Margin	3.04%	3.44%	8.15%	6.12%	0.28%
Effective Tax Rate	-	23.50%	-	-	7.83%
Revenue as Reported	1,047	1,117	771.42	770.53	678.21

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