CoCreation Grass 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	3,399	3,278	2,935	2,445	2,454	2,291
Other Revenue	12.6	12.6	17.08	16.33	16.33	10.21
Revenue	3,412	3,291	2,952	2,461	2,471	2,302
Revenue Growth (YoY)	11.61%	11.49%	19.92%	-0.38%	7.35%	24.39%
Cost of Revenue	2,243	2,180	2,086	1,721	1,777	1,669
Gross Profit	1,169	1,111	865.57	740.52	694.19	632.65
Selling, General & Admin	298.9	291.88	258.7	222.66	208.47	179.27
Research & Development	100.07	100.84	90.43	83.04	79.28	74.23
Other Operating Expenses	10.09	11.57	6.55	7.12	13.23	10.74
Operating Expenses	424.33	419.56	361.25	319.23	308.28	268.8
Operating Income	744.63	691.22	504.33	421.29	385.91	363.85
Interest Expense	-6.11	-6.11	-2.36	-3.09	-2.09	-0.16
Interest & Investment Income	39.26	39.57	32.66	22.08	12.78	18.42
Currency Exchange Gain (Loss)	3.06	3.06	27.04	21.5	70.43	-12
Other Non Operating Income (Expenses)	-19.23	-2.27	-2.66	-2.22	-2.72	-2.83
EBT Excluding Unusual Items	761.6	725.47	559.01	459.56	464.3	367.27
Gain (Loss) on Sale of Investments	3.34	2.18	0.85	4.88	6.01	0.01
Gain (Loss) on Sale of Assets	-0.14	-0.18	-0.03	-0.5	0.18	-0.07
Asset Writedown	-0.14	-0.18	-0.1	-	-	-
Other Unusual Items	11.04	11.04	5.31	10.82	12.3	24.15
Pretax Income	775.71	738.34	565.04	474.76	482.78	391.36
Income Tax Expense	63.29	70.66	53.79	43.53	35.75	11.07
Net Income	712.42	667.67	511.25	431.22	447.03	380.29
Net Income to Common	712.42	667.67	511.25	431.22	447.03	380.29
Net Income Growth	30.46%	30.60%	18.56%	-3.54%	17.55%	-7.45%
Shares Outstanding (Basic)	400	400	399	399	399	400
Shares Outstanding (Diluted)	405	402	399	399	399	400
Shares Change (YoY)	1.56%	0.70%	0.03%	0.04%	-0.29%	8.13%
EPS (Basic)	1.78	1.67	1.28	1.08	1.12	0.95
EPS (Diluted)	1.76	1.66	1.28	1.08	1.12	0.95
EPS Growth	28.46%	29.69%	18.52%	-3.57%	17.89%	-14.41%
Free Cash Flow	349.09	530.49	295.11	318.4	372.49	21.16
Free Cash Flow Per Share	0.86	1.32	0.74	0.80	0.93	0.05
Dividend Per Share	0.830	0.830	0.640	0.540	0.560	0.473
Dividend Growth	29.69%	29.69%	18.52%	-3.57%	18.43%	-5.43%
Gross Margin	34.26%	33.75%	29.32%	30.09%	28.10%	27.49%
Operating Margin	21.82%	21.00%	17.09%	17.12%	15.62%	15.81%
Profit Margin	20.88%	20.29%	17.32%	17.52%	18.09%	16.52%
Free Cash Flow Margin	10.23%	16.12%	10.00%	12.94%	15.08%	0.92%
EBITDA	833.84	780.68	594.77	518.28	483.81	447.07
EBITDA Margin	24.44%	23.72%	20.15%	21.06%	19.58%	19.42%
D&A For EBITDA	89.21	89.46	90.44	96.99	97.9	83.22
EBIT	744.63	691.22	504.33	421.29	385.91	363.85
EBIT Margin	21.82%	21.00%	17.09%	17.12%	15.62%	15.81%
Effective Tax Rate	8.16%	9.57%	9.52%	9.17%	7.41%	2.83%
Revenue as Reported	3,291	3,291	2,952	2,461	2,471	2,302
Advertising Expenses	-	12.89	11.2	11.86	6.49	6.18

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