SHA:603790 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	908.48	825.46	854.22	772.75	768.22	929.58
Other Revenue	2.89	2.89	3.02	1.2	-	-
Revenue	911.37	828.36	857.25	773.95	768.22	929.58
Revenue Growth	5.98%	-3.37%	10.76%	0.75%	-17.36%	15.64%
Cost of Revenue	605.78	552.19	601.25	552.29	554.44	670.38
Gross Profit	305.6	276.17	256	221.66	213.78	259.2
Selling, General & Admin	138.01	132.59	134.68	124.1	115.63	127.01
Research & Development	40.09	40.58	43.55	41.08	46.06	45.34
Other Operating Expenses	5.88	6.81	1.41	5.27	5.32	5.68
Operating Expenses	183.4	179.41	185.38	175.67	174.97	184.55
Operating Income	122.19	96.76	70.62	45.98	38.8	74.65
Interest Expense	-5.55	-5.55	-6.62	-6.1	-5.06	-4.4
Interest & Investment Income	4.43	2.25	1.1	1.73	1.73	1.33
Currency Exchange Gain (Loss)	-1.58	-1.58	2.3	1.25	4.34	-1.19
Other Non Operating Income (Expenses)	-3.17	-0.71	-1.96	-0.32	-1.04	-0.55
EBT Excluding Unusual Items	116.74	91.17	65.43	42.55	38.77	69.83
Gain (Loss) on Sale of Investments	-	-	-3.44	-0.67	-0.81	-0.9
Gain (Loss) on Sale of Assets	-0.08	0.09	0.04	-0.23	-0.56	-2.69
Asset Writedown	-17.77	-14.5	-	-	-	-
Other Unusual Items	3.29	3.29	4.7	4.6	7.33	7.43
Pretax Income	102.18	80.05	66.73	46.24	44.73	73.68
Income Tax Expense	9.96	6.94	11.48	4.68	5.45	7.93
Earnings From Continuing Operations	92.22	73.11	55.24	41.56	39.29	65.75
Minority Interest in Earnings	-2.39	-1.11	1.7	2.27	1.98	2.68
Net Income	89.83	72	56.94	43.83	41.27	68.43
Net Income to Common	89.83	72	56.94	43.83	41.27	68.43
Net Income Growth	53.05%	26.44%	29.90%	6.21%	-39.69%	24.29%
Shares Outstanding (Basic)	191	189	190	191	188	190
Shares Outstanding (Diluted)	191	189	190	191	188	190
Shares Change	0.64%	-0.18%	-0.41%	1.59%	-1.31%	0.12%
EPS (Basic)	0.47	0.38	0.30	0.23	0.22	0.36
EPS (Diluted)	0.47	0.38	0.30	0.23	0.22	0.36
EPS Growth	52.08%	26.67%	30.44%	4.54%	-38.89%	24.14%

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	42.51	50.88	57.42	34.72	-2.08	-90.97
Free Cash Flow Per Share	0.22	0.27	0.30	0.18	-0.01	-0.48
Dividend Per Share	0.130	0.130	0.120	0.100	0.080	0.120
Dividend Growth	8.33%	8.33%	20.00%	25.00%	-33.33%	20.00%
Gross Margin	33.53%	33.34%	29.86%	28.64%	27.83%	27.88%
Operating Margin	13.41%	11.68%	8.24%	5.94%	5.05%	8.03%
Profit Margin	9.86%	8.69%	6.64%	5.66%	5.37%	7.36%
Free Cash Flow Margin	4.67%	6.14%	6.70%	4.49%	-0.27%	-9.79%
EBITDA	155.73	133.6	107.55	71.06	56.91	92.45
EBITDA Margin	17.09%	16.13%	12.55%	9.18%	7.41%	9.95%
D&A For EBITDA	33.53	36.84	36.93	25.08	18.11	17.8
EBIT	122.19	96.76	70.62	45.98	38.8	74.65
EBIT Margin	13.41%	11.68%	8.24%	5.94%	5.05%	8.03%
Effective Tax Rate	9.75%	8.67%	17.21%	10.12%	12.18%	10.76%
Revenue as Reported	828.36	828.36	857.25	773.95	768.22	929.58
Advertising Expenses	-	1.49	1.55	1.05	0.51	2.3