SHA:605298 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	548.51	552.64	469.73	346.56	228.67	298.31
Other Revenue	8.82	8.82	13.31	1.63	0.87	2.4
Revenue	557.33	561.47	483.04	348.19	229.54	300.7
Revenue Growth (YoY)	14.04%	16.24%	38.73%	51.69%	-23.66%	-13.47%
Cost of Revenue	328.37	326.86	291.58	218.87	112.7	139.26
Gross Profit	228.96	234.61	191.46	129.32	116.84	161.45
Selling, General & Admin	104.47	103.32	105.94	73.77	50.25	48.57
Research & Development	30.61	29.1	25.49	26.91	22.6	22.9
Other Operating Expenses	5.44	4.93	4.97	1.26	1.55	2.37
Operating Expenses	138.81	137.69	141.45	109.01	81.02	76.6
Operating Income	90.15	96.91	50.01	20.31	35.82	84.84
Interest Expense	-0.62	-0.51	-1.42	-0.85	-0.47	-0.09
Interest & Investment Income	2.47	2.23	4.99	11.16	11.45	12.16
Currency Exchange Gain (Loss)	-0	-0	0	-0	0	-0
Other Non Operating Income (Expenses)	-0.01	-0.15	-0.1	-0.07	0.04	-0.05
EBT Excluding Unusual Items	91.99	98.48	53.48	30.55	46.84	96.86
Impairment of Goodwill	-22.63	-22.63	-1.92	-	-	-
Gain (Loss) on Sale of Investments	-0.33	-0.25	-0.54	-0.09	-	-
Gain (Loss) on Sale of Assets	0.3	0.43	0.31	-	0.21	-
Asset Writedown	2.94	-	-0.11	-0.1	-0.02	-0.05
Other Unusual Items	-1.09	-2.39	-2.18	7.36	6.08	0.51
Pretax Income	71.18	73.65	49.05	37.72	53.1	97.33
Income Tax Expense	12.92	15.32	10.69	7.48	6.58	12.42
Earnings From Continuing Operations	58.26	58.33	38.36	30.24	46.53	84.91
Minority Interest in Earnings	-0.98	-1.55	0.5	0.39	0.3	-0.38
Net Income	57.28	56.78	38.86	30.63	46.82	84.53
Net Income to Common	57.28	56.78	38.86	30.63	46.82	84.53
Net Income Growth	18.79%	46.13%	26.86%	-34.59%	-44.60%	-19.11%
Shares Outstanding (Basic)	186	183	185	146	184	177
Shares Outstanding (Diluted)	186	183	185	146	184	177
Shares Change (YoY)	-8.39%	-1.01%	26.86%	-20.95%	4.09%	29.47%
EPS (Basic)	0.31	0.31	0.21	0.21	0.25	0.48
EPS (Diluted)	0.31	0.31	0.21	0.21	0.25	0.48
EPS Growth	29.67%	47.62%	-	-17.26%	-46.78%	-37.52%
Free Cash Flow	152.76	134.91	-100.68	-71.41	-22.29	24.91
Free Cash Flow Per Share	0.82	0.74	-0.54	-0.49	-0.12	0.14
Dividend Per Share	0.200	0.200	0.150	0.100	0.115	0.237
Dividend Growth	33.33%	33.33%	50.00%	-13.35%	-51.25%	-
Gross Margin	41.08%	41.78%	39.64%	37.14%	50.90%	53.69%
Operating Margin	16.18%	17.26%	10.35%	5.83%	15.60%	28.21%
Profit Margin	10.28%	10.11%	8.04%	8.80%	20.40%	28.11%
Free Cash Flow Margin	27.41%	24.03%	-20.84%	-20.51%	-9.71%	8.28%
EBITDA	114.48	120.66	71.44	31.17	43.96	92.08
EBITDA Margin	20.54%	21.49%	14.79%	8.95%	19.15%	30.62%
D&A For EBITDA	24.33	23.75	21.43	10.86	8.15	7.24
EBIT	90.15	96.91	50.01	20.31	35.82	84.84
EBIT Margin	16.18%	17.26%	10.35%	5.83%	15.60%	28.21%
Effective Tax Rate	18.15%	20.80%	21.79%	19.84%	12.38%	12.76%
Revenue as Reported	557.33	561.47	483.04	348.19	229.54	300.7

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