SHA:603999 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	841.32	893.29	871.26	876.62	767.16	743.81
Other Revenue	10.28	10.28	95.27	418	524.31	478.41
Revenue	851.61	903.57	966.53	1,295	1,291	1,222
Revenue Growth (YoY)	-7.52%	-6.51%	-25.34%	0.24%	5.67%	12.77%
Cost of Revenue	622.7	672.71	738.55	1,067	1,092	1,029
Gross Profit	228.9	230.86	227.98	227.44	199.73	192.81
Selling, General & Admin	191.23	193.84	185.94	180.2	156.21	154.7
Research & Development	-	-	-	-	10.14	2.05
Other Operating Expenses	-2.12	-2.15	-2.72	0.58	0.83	2.73
Operating Expenses	193.05	195.31	188.55	184.11	174.38	158.53
Operating Income	35.85	35.55	39.43	43.33	25.34	34.28
Interest Expense	-0.35	-0.35	-0.38	-0.14	-0.68	-1.01
Interest & Investment Income	27.64	25.96	32.55	28.36	32.05	34.46
Currency Exchange Gain (Loss)	-0.01	-0.01	0	0	0.02	-0.02
Other Non Operating Income (Expenses)	-2.08	-0.05	-2.72	-3.35	-0.23	-4.45
EBT Excluding Unusual Items	61.06	61.11	68.88	68.21	56.5	63.25
Gain (Loss) on Sale of Investments	0.4	0.96	0.27	0.26	1.99	0.31
Gain (Loss) on Sale of Assets	0.04	0.04	0.05	0.06	0.01	7.56
Asset Writedown	-0	-0	-0.08	-0.13	-	-0.25
Other Unusual Items	24.7	24.7	13.05	7.02	28.23	10.88
Pretax Income	86.2	86.81	82.17	75.41	86.73	81.75
Income Tax Expense	0.69	0.95	20.63	-19.74	0.37	-1.02
Earnings From Continuing Operations	85.5	85.86	61.54	95.15	86.36	82.77
Minority Interest in Earnings	0.13	-0.37	0.72	3.02	-0.45	2.29
Net Income	85.63	85.49	62.26	98.17	85.9	85.06
Net Income to Common	85.63	85.49	62.26	98.17	85.9	85.06
Net Income Growth	36.07%	37.32%	-36.58%	14.28%	1.00%	14.27%
Shares Outstanding (Basic)	563	570	566	577	573	567
Shares Outstanding (Diluted)	563	570	566	577	573	567
Shares Change (YoY)	-0.71%	0.70%	-1.99%	0.83%	1.00%	-0.97%
EPS (Basic)	0.15	0.15	0.11	0.17	0.15	0.15
EPS (Diluted)	0.15	0.15	0.11	0.17	0.15	0.15
EPS Growth	37.05%	36.36%	-35.29%	13.33%	-	15.38%
Free Cash Flow	77.32	84.31	145.07	189.8	74.82	82.19
Free Cash Flow Per Share	0.14	0.15	0.26	0.33	0.13	0.14
Dividend Per Share	0.045	0.045	0.033	0.052	0.045	0.045
Dividend Growth	36.36%	36.36%	-36.54%	15.56%	-	15.38%
Gross Margin	26.88%	25.55%	23.59%	17.57%	15.47%	15.78%
Operating Margin	4.21%	3.94%	4.08%	3.35%	1.96%	2.80%
Profit Margin	10.06%	9.46%	6.44%	7.58%	6.65%	6.96%
Free Cash Flow Margin	9.08%	9.33%	15.01%	14.66%	5.79%	6.73%
EBITDA	50.34	51.54	61.39	60.9	43.66	52.4
EBITDA Margin	5.91%	5.70%	6.35%	4.70%	3.38%	4.29%
D&A For EBITDA	14.49	15.98	21.96	17.56	18.32	18.12
EBIT	35.85	35.55	39.43	43.33	25.34	34.28
EBIT Margin	4.21%	3.94%	4.08%	3.35%	1.96%	2.80%
Effective Tax Rate	0.80%	1.09%	25.11%	-	0.42%	-
Revenue as Reported	851.61	903.57	966.53	1,295	1,291	1,222
Advertising Expenses	-	27.33	20.51	18.18	-	-

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