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	Jun '26 Jun 30, 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	768.25	848.91	897.66	750.79	872.62	867.45
Other Revenue	7.44	7.44	8.57	7.94	6.62	9.26
Revenue	775.69	856.35	906.23	758.73	879.24	876.71
Revenue Growth	-20.90%	-5.50%	19.44%	-13.71%	0.29%	24.49%
Cost of Revenue	550.8	612.43	655.32	521.06	590.79	606.27
Gross Profit	224.89	243.91	250.91	237.67	288.45	270.43
Selling, General & Admin	61.93	68.25	70.13	63.15	65.75	64.4
Research & Development	70.8	78.39	87.66	83.09	102.26	87.64
Other Operating Expenses	2.97	3.5	1.45	1.8	5.92	6.08
Operating Expenses	134.36	148.81	158.39	148.39	174.64	158.96
Operating Income	90.53	95.1	92.52	89.28	113.81	111.47
Interest Expense	-2.57	-2.57	-2.37	-2.27	-1.64	-0.1
Interest & Investment Income	13.44	15.53	14.14	15.52	15.13	8.21
Currency Exchange Gain (Loss)	-0.14	-0.14	-0.03	0.01	0.26	-0.09
Other Non Operating Income (Expenses)	-2.21	0.26	-0.55	-0.48	-0.08	-0.1
EBT Excluding Unusual Items	99.05	108.18	103.71	102.07	127.49	119.39
Impairment of Goodwill	-	-	-3.94	-3.04	-6.62	-10.95
Gain (Loss) on Sale of Investments	12.5	6.33	3.41	3.62	0.79	3.67
Gain (Loss) on Sale of Assets	-0.67	-0.87	-0.54	-0.13	0.03	0.01
Asset Writedown	-	-	-	-	-0.11	-0.78
Other Unusual Items	2.61	2.61	9.76	2.18	7.8	4.76
Pretax Income	113.48	116.26	112.4	104.69	129.37	116.09
Income Tax Expense	8.13	10.94	7.57	11.22	4.48	5.73
Earnings From Continuing Operations	105.35	105.32	104.83	93.47	124.89	110.36
Minority Interest in Earnings	1.35	0.41	1.1	-0.12	0.78	0.83
Net Income	106.7	105.74	105.93	93.36	125.68	111.19
Net Income to Common	106.7	105.74	105.93	93.36	125.68	111.19
Net Income Growth	-4.98%	-0.18%	13.46%	-25.72%	13.03%	3.27%
Shares Outstanding (Basic)	181	179	180	180	180	179
Shares Outstanding (Diluted)	181	179	180	180	180	179
Shares Change	1.66%	-0.18%	0.00%	-0.00%	0.11%	-0.06%
EPS (Basic)	0.59	0.59	0.59	0.52	0.70	0.62
EPS (Diluted)	0.59	0.59	0.59	0.52	0.70	0.62
EPS Growth	-6.53%	0%	13.46%	-25.71%	12.90%	3.33%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	160.4	101.01	124.36	28.92	65.09	106.83
Free Cash Flow Per Share	0.89	0.56	0.69	0.16	0.36	0.60
Dividend Per Share	0.500	0.500	0.700	0.300	0.750	0.250
Dividend Growth	0%	-28.57%	133.33%	-60.00%	200.00%	0%
Gross Margin	28.99%	28.48%	27.69%	31.32%	32.81%	30.85%
Operating Margin	11.67%	11.11%	10.21%	11.77%	12.94%	12.71%
Profit Margin	13.76%	12.35%	11.69%	12.30%	14.29%	12.68%
Free Cash Flow Margin	20.68%	11.79%	13.72%	3.81%	7.40%	12.19%
EBITDA	128.4	133.77	123.07	119.49	141.1	137.85
EBITDA Margin	16.55%	15.62%	13.58%	15.75%	16.05%	15.72%
D&A For EBITDA	37.87	38.67	30.55	30.21	27.29	26.38
EBIT	90.53	95.1	92.52	89.28	113.81	111.47
EBIT Margin	11.67%	11.11%	10.21%	11.77%	12.94%	12.71%
Effective Tax Rate	7.17%	9.41%	6.74%	10.72%	3.46%	4.94%
Revenue as Reported	856.35	856.35	906.23	758.73	879.24	876.71
Advertising Expenses	-	2.96	3.31	2.84	3.43	2.83