SHA:603607 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	812.67	856.35	897.66	750.79	872.62	867.45
Other Revenue	-	-	8.57	7.94	6.62	9.26
Revenue	812.67	856.35	906.23	758.73	879.24	876.71
Revenue Growth (YoY)	-15.09%	-5.50%	19.44%	-13.71%	0.29%	24.49%
Cost of Revenue	577.17	612.25	655.32	521.06	590.79	606.27
Gross Profit	235.5	244.1	250.91	237.67	288.45	270.43
Selling, General & Admin	66.67	68.44	70.13	63.15	65.75	64.4
Research & Development	72.98	78.39	87.66	83.09	102.26	87.64
Other Operating Expenses	0.54	0.67	1.45	1.8	5.92	6.08
Operating Expenses	140.19	147.51	158.39	148.39	174.64	158.96
Operating Income	95.31	96.59	92.52	89.28	113.81	111.47
Interest Expense	-	-	-2.37	-2.27	-1.64	-0.1
Interest & Investment Income	14.21	13.38	14.14	15.52	15.13	8.21
Currency Exchange Gain (Loss)	-	-	-0.03	0.01	0.26	-0.09
Other Non Operating Income (Expenses)	2.03	0.49	-0.33	-0.48	-0.08	-0.1
EBT Excluding Unusual Items	111.56	110.46	103.93	102.07	127.49	119.39
Impairment of Goodwill	-	-	-3.94	-3.04	-6.62	-10.95
Gain (Loss) on Sale of Investments	6.59	6.33	3.41	3.62	0.79	3.67
Gain (Loss) on Sale of Assets	-0.54	-0.54	-0.54	-0.13	0.03	0.01
Asset Writedown	-0.06	-	-	-	-0.11	-0.78
Other Unusual Items	-	-	9.53	2.18	7.8	4.76
Pretax Income	117.55	116.26	112.4	104.69	129.37	116.09
Income Tax Expense	11.46	10.94	7.57	11.22	4.48	5.73
Earnings From Continuing Operations	106.09	105.32	104.83	93.47	124.89	110.36
Minority Interest in Earnings	0.96	0.41	1.1	-0.12	0.78	0.83
Net Income	107.04	105.74	105.93	93.36	125.68	111.19
Net Income to Common	107.04	105.74	105.93	93.36	125.68	111.19
Net Income Growth	-1.41%	-0.18%	13.46%	-25.72%	13.03%	3.27%
Shares Outstanding (Basic)	178	179	180	180	180	179
Shares Outstanding (Diluted)	178	179	180	180	180	179
Shares Change (YoY)	-1.52%	-0.18%	0.00%	-0.00%	0.11%	-0.06%
EPS (Basic)	0.60	0.59	0.59	0.52	0.70	0.62
EPS (Diluted)	0.60	0.59	0.59	0.52	0.70	0.62
EPS Growth	0.12%	-	13.46%	-25.71%	12.90%	3.33%
Free Cash Flow	137.35	101.01	124.36	28.92	65.09	106.83
Free Cash Flow Per Share	0.77	0.56	0.69	0.16	0.36	0.60
Dividend Per Share	-	-	0.700	0.300	0.750	0.250
Dividend Growth	-	-	133.33%	-60.00%	200.00%	-
Gross Margin	28.98%	28.51%	27.69%	31.32%	32.81%	30.85%
Operating Margin	11.73%	11.28%	10.21%	11.77%	12.94%	12.71%
Profit Margin	13.17%	12.35%	11.69%	12.30%	14.29%	12.68%
Free Cash Flow Margin	16.90%	11.79%	13.72%	3.81%	7.40%	12.19%
EBITDA	136.01	135.26	123.07	119.49	141.1	137.85
EBITDA Margin	16.74%	15.79%	13.58%	15.75%	16.05%	15.72%
D&A For EBITDA	40.7	38.67	30.55	30.21	27.29	26.38
EBIT	95.31	96.59	92.52	89.28	113.81	111.47
EBIT Margin	11.73%	11.28%	10.21%	11.77%	12.94%	12.71%
Effective Tax Rate	9.75%	9.41%	6.74%	10.72%	3.46%	4.94%
Revenue as Reported	-	-	906.23	758.73	879.24	876.71
Advertising Expenses	-	-	3.31	2.84	3.43	2.83

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