SHA:603519 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	1,688	1,621	1,495	1,391	1,553
Other Revenue	-	89.06	29.05	25.46	33.74
Revenue	1,688	1,710	1,524	1,416	1,587
Revenue Growth (YoY)	-1.28%	12.19%	7.61%	-10.74%	22.16%
Cost of Revenue	1,424	1,464	1,340	1,245	1,389
Gross Profit	264.21	246.1	184.27	171.14	197.32
Selling, General & Admin	25.49	20.84	18.52	16.75	15.99
Research & Development	54.73	55.92	48.77	46.8	49.24
Other Operating Expenses	5.51	-3.21	2.05	5.7	5.15
Operating Expenses	85.74	74.69	74.4	68.21	67.14
Operating Income	178.48	171.42	109.87	102.93	130.18
Interest Expense	-	-0.72	-0.14	-	-
Interest & Investment Income	3.58	16.9	631.48	534.16	1.83
Currency Exchange Gain (Loss)	-	8.88	1.09	17.93	-5.48
Other Non Operating Income (Expenses)	-1.17	-0.39	-0.54	-0.76	-0.48
EBT Excluding Unusual Items	180.88	196.08	741.76	654.26	126.05
Gain (Loss) on Sale of Investments	-	0.03	-0.37	-	-4.56
Gain (Loss) on Sale of Assets	0.02	0.31	0.05	-	0.01
Asset Writedown	-	-	-	-	-0.03
Other Unusual Items	-	2.74	2.74	1.11	0.44
Pretax Income	180.9	199.16	744.18	655.37	121.92
Income Tax Expense	24.29	40.16	104.35	90.79	12.07
Net Income	156.6	158.99	639.82	564.58	109.85
Net Income to Common	156.6	158.99	639.82	564.58	109.85
Net Income Growth	-1.50%	-75.15%	13.33%	413.95%	14.85%
Shares Outstanding (Basic)	265	265	267	266	267
Shares Outstanding (Diluted)	265	265	267	266	267
Shares Change (YoY)	0.17%	-0.60%	0.11%	-0.12%	0.08%
EPS (Basic)	0.59	0.60	2.40	2.12	0.41
EPS (Diluted)	0.59	0.60	2.40	2.12	0.41
EPS Growth	-1.67%	-75.00%	13.21%	414.56%	14.76%
Free Cash Flow	251.24	96.97	49.18	139.31	59.08
Free Cash Flow Per Share	0.95	0.37	0.18	0.52	0.22
Dividend Per Share	-	1.000	2.000	0.700	0.400
Dividend Growth	-	-50.00%	185.71%	75.00%	139.95%
Gross Margin	15.65%	14.39%	12.09%	12.08%	12.44%
Operating Margin	10.57%	10.02%	7.21%	7.27%	8.20%
Profit Margin	9.28%	9.30%	41.98%	39.86%	6.92%
Free Cash Flow Margin	14.88%	5.67%	3.23%	9.84%	3.72%
EBITDA	188.25	181.41	120.15	116.22	145
EBITDA Margin	11.15%	10.61%	7.88%	8.21%	9.14%
D&A For EBITDA	9.77	9.99	10.28	13.29	14.82
EBIT	178.48	171.42	109.87	102.93	130.18
EBIT Margin	10.57%	10.02%	7.21%	7.27%	8.20%
Effective Tax Rate	13.43%	20.17%	14.02%	13.85%	9.90%
Revenue as Reported	-	1,710	1,524	1,416	1,587

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