SHA:605180 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	349.05	348.81	236.77	273.96	636.52
Other Revenue	-	2.95	2.61	2.78	6.1
Revenue	349.05	351.75	239.38	276.75	642.62
Revenue Growth (YoY)	-0.77%	46.94%	-13.50%	-56.94%	74.22%
Cost of Revenue	268.14	260.04	183.48	201.61	391.87
Gross Profit	80.91	91.72	55.91	75.13	250.75
Selling, General & Admin	25.36	22.42	19.45	17.65	21.48
Research & Development	15.23	12.83	13.07	13.12	22.19
Other Operating Expenses	0.98	2.11	2.63	2.42	2.28
Operating Expenses	41.56	48.89	48.09	30.48	51.1
Operating Income	39.35	42.82	7.82	44.66	199.65
Interest Expense	-	-0.15	-	-	-0.01
Interest & Investment Income	2.54	15.36	18.28	10.59	9.79
Currency Exchange Gain (Loss)	-	1.19	2.12	8.81	-1.63
Other Non Operating Income (Expenses)	-5.06	-0.32	0.94	-1.47	-0.18
EBT Excluding Unusual Items	36.83	58.91	29.16	62.58	207.61
Gain (Loss) on Sale of Investments	0.06	-2.64	-	-	-
Gain (Loss) on Sale of Assets	0.04	0.1	-0.04	0.13	5.11
Asset Writedown	-7.39	-	-	-	-4.18
Other Unusual Items	-	0.27	1.91	3.53	0.2
Pretax Income	29.53	56.63	31.03	66.24	208.74
Income Tax Expense	3.32	7.21	3.25	7.27	28.33
Net Income	26.21	49.42	27.78	58.97	180.41
Net Income to Common	26.21	49.42	27.78	58.97	180.41
Net Income Growth	-46.96%	77.91%	-52.89%	-67.31%	67.77%
Shares Outstanding (Basic)	164	170	174	168	154
Shares Outstanding (Diluted)	164	170	174	168	154
Shares Change (YoY)	-3.86%	-1.85%	3.05%	9.19%	21.42%
EPS (Basic)	0.16	0.29	0.16	0.35	1.17
EPS (Diluted)	0.16	0.29	0.16	0.35	1.17
EPS Growth	-44.83%	81.25%	-54.29%	-70.06%	38.17%
Free Cash Flow	-195.3	-176.85	-27.27	125	-43.19
Free Cash Flow Per Share	-1.19	-1.04	-0.16	0.74	-0.28
Dividend Per Share	-	0.130	0.080	0.154	0.592
Dividend Growth	-	62.50%	-47.98%	-74.01%	-
Gross Margin	23.18%	26.07%	23.36%	27.15%	39.02%
Operating Margin	11.27%	12.17%	3.26%	16.14%	31.07%
Profit Margin	7.51%	14.05%	11.61%	21.31%	28.07%
Free Cash Flow Margin	-55.95%	-50.28%	-11.39%	45.17%	-6.72%
EBITDA	76.15	63.84	27.64	63.56	215.14
EBITDA Margin	21.82%	18.15%	11.55%	22.97%	33.48%
D&A For EBITDA	36.8	21.02	19.83	18.9	15.49
EBIT	39.35	42.82	7.82	44.66	199.65
EBIT Margin	11.27%	12.17%	3.26%	16.14%	31.07%
Effective Tax Rate	11.24%	12.73%	10.47%	10.98%	13.57%

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