SHA:603811 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	826.42	810.87	712.31	669.61	653.25	693.45
Other Revenue	1.05	1.48	2.06	2.01	1.72	0.52
Revenue	827.47	812.35	714.37	671.63	654.97	693.96
Revenue Growth	6.74%	13.72%	6.36%	2.54%	-5.62%	-8.46%
Cost of Revenue	246.76	254.26	225.17	248.45	217.8	208.98
Gross Profit	580.71	558.09	489.2	423.17	437.17	484.99
Selling, General & Admin	353.77	326.72	308.66	246.92	269.61	280.27
Research & Development	48.03	44.44	47.08	47.14	44.3	39.72
Other Operating Expenses	13.94	14.28	12.34	7.46	7.77	10.7
Operating Expenses	415.28	385.07	365.77	302.46	321.83	331.21
Operating Income	165.44	173.02	123.43	120.71	115.34	153.78
Interest Expense	-1.2	-3.83	-11.09	-15.26	-9.13	-4.52
Interest & Investment Income	14.83	33.33	46.28	67.12	49.08	31.87
Earnings From Equity Investments	9.49	-	-	-	-	-
Currency Exchange Gain (Loss)	-0.1	-0.35	0.01	-0.17	3.45	5.36
Other Non Operating Income (Expenses)	-0.38	0.22	-0.07	-0.31	-0.11	-0.99
EBT Excluding Unusual Items	188.07	202.39	158.56	172.1	158.62	185.49
Impairment of Goodwill	-	-	-	-	-2.42	-2.92
Gain (Loss) on Sale of Investments	-	-	-	-	-3.55	10.69
Gain (Loss) on Sale of Assets	22	21.06	69.17	-0	0.06	-0.45
Asset Writedown	-9.08	-4.77	-24	-7.47	-0.41	-0.5
Other Unusual Items	5.14	5.16	14.4	9.44	11.53	5.19
Pretax Income	206.12	223.84	218.13	174.06	163.84	197.5
Income Tax Expense	26.84	26.38	17.35	12.01	2.66	26.27
Earnings From Continuing Operations	179.28	197.47	200.79	162.05	161.18	171.23
Minority Interest in Earnings	-1.72	-2.35	-0.09	0.85	0.4	-0.43
Net Income	177.56	195.12	200.7	162.9	161.58	170.8
Net Income to Common	177.56	195.12	200.7	162.9	161.58	170.8
Net Income Growth	-24.97%	-2.78%	23.21%	0.81%	-5.39%	3.42%
Shares Outstanding (Basic)	449	448	461	456	462	459
Shares Outstanding (Diluted)	449	448	461	456	462	459
Shares Change	-0.87%	-2.78%	0.98%	-1.19%	0.66%	0.59%
EPS (Basic)	0.40	0.44	0.44	0.36	0.35	0.37
EPS (Diluted)	0.40	0.44	0.44	0.36	0.35	0.37
EPS Growth	-24.31%	0%	22.01%	2.03%	-6.02%	2.82%

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	210.96	234.99	145.83	123.93	-86.92	9.38
Free Cash Flow Per Share	0.47	0.53	0.32	0.27	-0.19	0.02
Dividend Per Share	0.214	0.214	0.179	0.143	0.128	0.128
Dividend Growth	19.99%	19.99%	24.98%	11.99%	0%	0%
Gross Margin	70.18%	68.70%	68.48%	63.01%	66.75%	69.89%
Operating Margin	19.99%	21.30%	17.28%	17.97%	17.61%	22.16%
Profit Margin	21.46%	24.02%	28.09%	24.25%	24.67%	24.61%
Free Cash Flow Margin	25.49%	28.93%	20.41%	18.45%	-13.27%	1.35%
EBITDA	259.52	267.22	218.56	198.04	176.89	208.45
EBITDA Margin	31.36%	32.90%	30.59%	29.49%	27.01%	30.04%
D&A For EBITDA	94.09	94.2	95.13	77.32	61.55	54.67
EBIT	165.44	173.02	123.43	120.71	115.34	153.78
EBIT Margin	19.99%	21.30%	17.28%	17.97%	17.61%	22.16%
Effective Tax Rate	13.02%	11.78%	7.95%	6.90%	1.62%	13.30%
Revenue as Reported	827.47	812.35	714.37	671.63	654.97	693.96
Advertising Expenses	-	4.88	3.85	1.81	0.89	1.41