SHA:603798 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	901.01	949.04	1,066	1,191	790.69	1,108
Other Revenue	2.11	2.11	0.75	8.02	0.91	-
Revenue	903.12	951.15	1,067	1,199	791.6	1,108
Revenue Growth (YoY)	-16.85%	-10.84%	-11.04%	51.48%	-28.57%	20.46%
Cost of Revenue	723.98	762.34	875.42	979.49	617.51	804.09
Gross Profit	179.13	188.81	191.39	219.64	174.09	304.1
Selling, General & Admin	102.74	98.6	100.84	114.46	104.38	124.75
Research & Development	22.1	27.68	31.56	32.04	26.82	39.15
Other Operating Expenses	12.81	12.31	-0.09	24.71	15.91	29.81
Operating Expenses	139.57	140.5	127.74	176.58	145.27	189.45
Operating Income	39.57	48.31	63.64	43.06	28.82	114.65
Interest Expense	-1.45	-1.45	-0.8	-0.28	-0.1	-
Interest & Investment Income	11.11	8.49	8.7	9.54	10.97	11.75
Currency Exchange Gain (Loss)	-	-	-0.13	-0.73	-0.05	0.07
Other Non Operating Income (Expenses)	0.56	-0.27	-0.21	-0.17	0.05	-0.07
EBT Excluding Unusual Items	49.79	55.08	71.2	51.43	39.69	126.4
Gain (Loss) on Sale of Investments	-2.48	0.44	-0.67	0.38	-0.26	0.2
Gain (Loss) on Sale of Assets	0.07	0.12	-0.02	0.73	0.14	-2.89
Asset Writedown	0.01	-	-	-	-0.11	-
Other Unusual Items	5.41	5.41	5.25	7.13	4.4	5.52
Pretax Income	52.81	61.05	75.76	59.67	43.87	129.23
Income Tax Expense	6.77	5.66	10.64	5.24	4.91	23.78
Earnings From Continuing Operations	46.04	55.39	65.11	54.43	38.95	105.46
Minority Interest in Earnings	-2.85	-4.35	-10.47	-6.64	0.61	0.2
Net Income	43.19	51.03	54.64	47.79	39.56	105.65
Net Income to Common	43.19	51.03	54.64	47.79	39.56	105.65
Net Income Growth	-35.31%	-6.60%	14.34%	20.79%	-62.55%	0.56%
Shares Outstanding (Basic)	255	255	260	252	264	259
Shares Outstanding (Diluted)	255	255	260	252	264	259
Shares Change (YoY)	-1.50%	-1.93%	3.45%	-4.64%	1.78%	0.93%
EPS (Basic)	0.17	0.20	0.21	0.19	0.15	0.41
EPS (Diluted)	0.17	0.20	0.21	0.19	0.15	0.41
EPS Growth	-34.32%	-4.76%	10.53%	26.67%	-63.21%	-0.37%
Free Cash Flow	130.02	142.85	144.67	32.75	-38.39	138.32
Free Cash Flow Per Share	0.51	0.56	0.56	0.13	-0.15	0.53
Dividend Per Share	0.100	0.100	0.110	0.060	0.054	0.128
Dividend Growth	-9.09%	-9.09%	83.33%	11.52%	-57.87%	38.35%
Gross Margin	19.84%	19.85%	17.94%	18.32%	21.99%	27.44%
Operating Margin	4.38%	5.08%	5.97%	3.59%	3.64%	10.35%
Profit Margin	4.78%	5.37%	5.12%	3.98%	5.00%	9.53%
Free Cash Flow Margin	14.40%	15.02%	13.56%	2.73%	-4.85%	12.48%
EBITDA	72.13	81.54	99.51	75.65	59.89	143.62
EBITDA Margin	7.99%	8.57%	9.33%	6.31%	7.57%	12.96%
D&A For EBITDA	32.57	33.23	35.87	32.59	31.07	28.96
EBIT	39.57	48.31	63.64	43.06	28.82	114.65
EBIT Margin	4.38%	5.08%	5.97%	3.59%	3.64%	10.35%
Effective Tax Rate	12.82%	9.28%	14.05%	8.79%	11.20%	18.40%
Revenue as Reported	951.15	951.15	1,067	1,199	791.6	1,108
Advertising Expenses	-	6.16	9.37	10.22	6.18	3.51

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