SHA:605188 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	2,640	2,631	2,491	2,194	2,047	1,923
Other Revenue	185.89	185.89	196.68	217.69	203.08	219.63
Revenue	2,826	2,817	2,688	2,412	2,250	2,143
Revenue Growth (YoY)	3.62%	4.79%	11.43%	7.20%	5.00%	-4.95%
Cost of Revenue	2,230	2,220	2,100	1,823	1,683	1,583
Gross Profit	596.22	597.03	587.4	588.6	567.33	560.12
Selling, General & Admin	530.14	535.64	550.68	547	517.55	510.42
Other Operating Expenses	17.4	16.73	16.24	14.76	13.86	15.28
Operating Expenses	545.51	552.07	566.9	560.06	532.33	526.48
Operating Income	50.71	44.96	20.51	28.54	35.01	33.64
Interest Expense	-27.77	-28.92	-31.35	-32.24	-30.93	-26.29
Interest & Investment Income	4.59	5.16	12.2	17.38	15.8	15.6
Other Non Operating Income (Expenses)	-13.14	-12.67	-6.84	-5.87	-4.57	-5.32
EBT Excluding Unusual Items	14.39	8.53	-5.48	7.81	15.31	17.63
Gain (Loss) on Sale of Investments	4.85	5.31	4.85	1.96	-	2.94
Gain (Loss) on Sale of Assets	4.44	4.5	1.28	5.21	2.31	1.74
Asset Writedown	-0.22	-	-	-0.96	-	-
Other Unusual Items	6.53	5.46	5.63	7.91	9.15	15.85
Pretax Income	29.99	23.81	6.28	21.93	26.76	38.16
Income Tax Expense	9.53	8.15	3.61	7.41	7.96	8.03
Net Income	20.47	15.65	2.67	14.52	18.81	30.12
Net Income to Common	20.47	15.65	2.67	14.52	18.81	30.12
Net Income Growth	-	486.22%	-81.62%	-22.78%	-37.56%	-71.58%
Shares Outstanding (Basic)	500	499	494	496	470	502
Shares Outstanding (Diluted)	503	502	494	496	470	502
Shares Change (YoY)	3.67%	1.46%	-0.25%	5.41%	-6.34%	8.95%
EPS (Basic)	0.04	0.03	0.01	0.03	0.04	0.06
EPS (Diluted)	0.04	0.03	0.01	0.03	0.04	0.06
EPS Growth	-	477.78%	-81.57%	-26.75%	-33.33%	-73.91%
Free Cash Flow	35.12	110.78	-12.77	172.14	98.51	57.67
Free Cash Flow Per Share	0.07	0.22	-0.03	0.35	0.21	0.12
Dividend Per Share	0.015	0.015	0.010	0.010	0.010	0.030
Dividend Growth	50.00%	50.00%	-	-	-66.67%	-60.00%
Gross Margin	21.10%	21.20%	21.86%	24.40%	25.21%	26.14%
Operating Margin	1.79%	1.60%	0.76%	1.18%	1.56%	1.57%
Profit Margin	0.72%	0.56%	0.10%	0.60%	0.84%	1.41%
Free Cash Flow Margin	1.24%	3.93%	-0.47%	7.14%	4.38%	2.69%
EBITDA	99.43	94.3	72.3	79.67	85.79	83.95
EBITDA Margin	3.52%	3.35%	2.69%	3.30%	3.81%	3.92%
D&A For EBITDA	48.72	49.34	51.79	51.13	50.78	50.3
EBIT	50.71	44.96	20.51	28.54	35.01	33.64
EBIT Margin	1.79%	1.60%	0.76%	1.18%	1.56%	1.57%
Effective Tax Rate	31.76%	34.24%	57.46%	33.77%	29.72%	21.05%
Revenue as Reported	2,826	2,817	2,688	2,412	2,250	2,143
Advertising Expenses	-	3.43	4.18	6.82	6.73	7.28

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