SHA:603586 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	1,603	1,726	1,710	1,581	1,821	1,384
Other Revenue	41.57	41.57	29.3	22.51	7.83	8.75
Revenue	1,644	1,768	1,739	1,604	1,829	1,393
Revenue Growth (YoY)	-12.73%	1.65%	8.46%	-12.31%	31.28%	8.26%
Cost of Revenue	1,341	1,418	1,405	1,217	1,469	1,219
Gross Profit	302.96	349.58	334.22	386.93	359.67	174.14
Selling, General & Admin	139.88	148.11	124.74	118.36	112.09	89.65
Research & Development	61.71	64.49	69.01	72.93	70.36	62.76
Other Operating Expenses	25.98	26.66	25.33	21.32	24.98	15.8
Operating Expenses	214.47	226.14	227.99	213.23	215.06	172.63
Operating Income	88.48	123.44	106.23	173.7	144.6	1.51
Interest Expense	-2.56	-2.56	-2.96	-5.32	-12.67	-10.45
Interest & Investment Income	23.66	47.38	11.59	9.1	38.54	1.04
Currency Exchange Gain (Loss)	18.14	18.14	9.8	22.18	87.65	19.34
Other Non Operating Income (Expenses)	-56.29	-32.63	-23.73	-15.19	-13.95	-4.52
EBT Excluding Unusual Items	71.44	153.77	100.93	184.46	244.18	6.91
Gain (Loss) on Sale of Investments	3.85	4.59	2.4	-22.09	-37.22	-94.07
Gain (Loss) on Sale of Assets	0.04	0.04	0.41	0.14	2.51	0.18
Asset Writedown	-0.04	-0.04	-0.11	-0	-0.48	-0.45
Other Unusual Items	7.65	7.65	3.45	4.28	12.81	10.56
Pretax Income	82.93	166.01	107.08	166.79	221.8	-76.88
Income Tax Expense	13.12	29.64	14.91	33.58	28.54	-26.15
Earnings From Continuing Operations	69.82	136.37	92.17	133.21	193.26	-50.73
Minority Interest in Earnings	-	-	-	-	-	0.01
Net Income	69.82	136.37	92.17	133.21	193.26	-50.72
Net Income to Common	69.82	136.37	92.17	133.21	193.26	-50.72
Net Income Growth	-53.42%	47.95%	-30.81%	-31.07%	-	-
Shares Outstanding (Basic)	199	195	196	196	199	195
Shares Outstanding (Diluted)	199	195	196	196	199	195
Shares Change (YoY)	0.67%	-0.66%	0.11%	-1.68%	2.14%	-1.93%
EPS (Basic)	0.35	0.70	0.47	0.68	0.97	-0.26
EPS (Diluted)	0.35	0.70	0.47	0.68	0.97	-0.26
EPS Growth	-53.73%	48.94%	-30.88%	-29.90%	-	-
Free Cash Flow	283.28	317.3	-4.92	173.68	90.9	-4.76
Free Cash Flow Per Share	1.43	1.63	-0.03	0.89	0.46	-0.02
Dividend Per Share	0.550	0.550	0.400	0.450	0.500	-
Dividend Growth	37.50%	37.50%	-11.11%	-10.00%	-	-
Gross Margin	18.42%	19.77%	19.22%	24.13%	19.67%	12.50%
Operating Margin	5.38%	6.98%	6.11%	10.83%	7.91%	0.11%
Profit Margin	4.25%	7.71%	5.30%	8.31%	10.57%	-3.64%
Free Cash Flow Margin	17.23%	17.95%	-0.28%	10.83%	4.97%	-0.34%
EBITDA	172.85	212.36	213.39	287.66	261.16	112.33
EBITDA Margin	10.51%	12.01%	12.27%	17.94%	14.28%	8.06%
D&A For EBITDA	84.37	88.93	107.16	113.96	116.55	110.83
EBIT	88.48	123.44	106.23	173.7	144.6	1.51
EBIT Margin	5.38%	6.98%	6.11%	10.83%	7.91%	0.11%
Effective Tax Rate	15.82%	17.85%	13.92%	20.14%	12.87%	-
Revenue as Reported	1,768	1,768	1,739	1,604	1,829	1,393
Advertising Expenses	-	1.63	0.48	1.3	-	-

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