SHA:603637 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	462.84	460.57	516	583.9	572.95	1,098
Other Revenue	1.33	1.33	1.55	1.54	1.52	1.67
Revenue	464.17	461.9	517.54	585.44	574.47	1,100
Revenue Growth (YoY)	-1.14%	-10.75%	-11.60%	1.91%	-47.78%	0.35%
Cost of Revenue	351.94	342.55	376.85	427.7	413.04	983.77
Gross Profit	112.23	119.35	140.69	157.74	161.43	116.28
Selling, General & Admin	32.07	33.8	36.7	36.08	31.09	29.89
Research & Development	29.13	29.15	33.52	35.4	34.7	35.28
Other Operating Expenses	5.79	3.35	3.41	3.53	5.9	4.32
Operating Expenses	64.28	63.57	70.75	79.13	75.23	68.65
Operating Income	47.95	55.78	69.94	78.61	86.21	47.63
Interest & Investment Income	10.86	10.4	25.28	20.2	21.67	31.12
Currency Exchange Gain (Loss)	0.03	0.03	0.01	0.04	0.21	-0.04
Other Non Operating Income (Expenses)	-0.66	-0.33	-0.25	-0.17	-0.65	-0.21
EBT Excluding Unusual Items	58.18	65.87	94.98	98.68	107.45	78.5
Gain (Loss) on Sale of Assets	-0	-0.01	-	-0.04	-	-0
Other Unusual Items	7.55	7.55	14.47	14.21	9.84	6.34
Pretax Income	65.95	73.42	109.45	112.85	117.29	84.83
Income Tax Expense	7.64	7.3	12.21	11.6	14.24	9.94
Net Income	58.31	66.12	97.24	101.25	103.05	74.89
Net Income to Common	58.31	66.12	97.24	101.25	103.05	74.89
Net Income Growth	-38.46%	-32.00%	-3.97%	-1.75%	37.60%	14.99%
Shares Outstanding (Basic)	209	236	237	241	240	242
Shares Outstanding (Diluted)	209	236	237	241	240	242
Shares Change (YoY)	-19.15%	-0.43%	-1.62%	0.59%	-0.80%	0.16%
EPS (Basic)	0.28	0.28	0.41	0.42	0.43	0.31
EPS (Diluted)	0.28	0.28	0.41	0.42	0.43	0.31
EPS Growth	-23.88%	-31.71%	-2.38%	-2.33%	38.71%	14.82%
Free Cash Flow	88.98	58.5	46.11	52.21	65.04	191.11
Free Cash Flow Per Share	0.42	0.25	0.19	0.22	0.27	0.79
Dividend Per Share	0.100	0.100	0.200	0.130	0.130	0.120
Dividend Growth	-50.00%	-50.00%	53.85%	-	8.33%	-20.00%
Gross Margin	24.18%	25.84%	27.18%	26.94%	28.10%	10.57%
Operating Margin	10.33%	12.07%	13.51%	13.43%	15.01%	4.33%
Profit Margin	12.56%	14.31%	18.79%	17.29%	17.94%	6.81%
Free Cash Flow Margin	19.17%	12.66%	8.91%	8.92%	11.32%	17.37%
EBITDA	54.77	63.1	79.28	88.04	95.04	56.61
EBITDA Margin	11.80%	13.66%	15.32%	15.04%	16.54%	5.15%
D&A For EBITDA	6.82	7.33	9.34	9.43	8.83	8.98
EBIT	47.95	55.78	69.94	78.61	86.21	47.63
EBIT Margin	10.33%	12.07%	13.51%	13.43%	15.01%	4.33%
Effective Tax Rate	11.58%	9.94%	11.16%	10.28%	12.14%	11.72%
Revenue as Reported	461.9	461.9	517.54	585.44	574.47	1,100

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