SHA:605389 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	1,096	1,052	859.22	789.75	885.57	901.83
Other Revenue	22.32	22.32	24.28	16.57	10.79	4.67
Revenue	1,118	1,074	883.5	806.31	896.35	906.5
Revenue Growth (YoY)	27.46%	21.58%	9.57%	-10.04%	-1.12%	4.55%
Cost of Revenue	797.57	776.87	664.09	617.48	678.72	607.82
Gross Profit	320.93	297.27	219.41	188.83	217.63	298.68
Selling, General & Admin	67.66	63.62	58.75	60.95	60.56	42.63
Research & Development	41.86	42.18	38.95	34.43	34.37	37.4
Other Operating Expenses	7.34	4.92	2.15	4.36	7.89	5.66
Operating Expenses	134.03	122.47	117.86	91.02	106.62	84.92
Operating Income	186.9	174.8	101.55	97.81	111.01	213.76
Interest Expense	-3.9	-0.2	-0.07	-0.16	-	-
Interest & Investment Income	13.41	13.15	16.74	22.87	17.65	19.39
Currency Exchange Gain (Loss)	-1.26	-1.26	1.26	0.5	1.66	-0.33
Other Non Operating Income (Expenses)	-0.26	-0.26	-0.41	-0.29	-0.07	-1.29
EBT Excluding Unusual Items	194.9	186.23	119.07	120.73	130.25	231.53
Impairment of Goodwill	-20.86	-20.86	-	-	-	-
Gain (Loss) on Sale of Investments	19.32	19.32	-	-	-	-
Gain (Loss) on Sale of Assets	0.02	0.02	0.55	0.11	0.29	-0.12
Asset Writedown	-14.35	-15.36	-3.06	-1.99	-0.75	-2.85
Other Unusual Items	-0.47	-0.4	0.15	1.53	14.88	5.19
Pretax Income	178.55	168.94	116.7	120.39	144.67	233.74
Income Tax Expense	30.84	27.33	15.89	13.94	17.54	32.23
Earnings From Continuing Operations	147.71	141.6	100.81	106.45	127.13	201.51
Minority Interest in Earnings	-14.61	-15.37	-6.08	-4.76	-	-
Net Income	133.1	126.23	94.73	101.69	127.13	201.51
Net Income to Common	133.1	126.23	94.73	101.69	127.13	201.51
Net Income Growth	44.38%	33.25%	-6.84%	-20.01%	-36.91%	-14.56%
Shares Outstanding (Basic)	143	143	144	144	137	128
Shares Outstanding (Diluted)	143	143	144	144	137	128
Shares Change (YoY)	-0.67%	-0.06%	-0.38%	5.41%	7.18%	24.75%
EPS (Basic)	0.93	0.88	0.66	-9.59	0.93	1.58
EPS (Diluted)	0.93	0.88	0.66	-9.59	0.93	1.58
EPS Growth	45.36%	33.33%	-	-	-41.14%	-31.52%
Free Cash Flow	85.45	83.96	39.73	149.11	58.07	-256.28
Free Cash Flow Per Share	0.60	0.58	0.28	1.03	0.42	-2.01
Dividend Per Share	0.870	0.870	0.650	0.400	0.350	0.429
Dividend Growth	33.85%	33.85%	62.50%	14.29%	-18.34%	100.00%
Gross Margin	28.69%	27.68%	24.83%	23.42%	24.28%	32.95%
Operating Margin	16.71%	16.27%	11.49%	12.13%	12.38%	23.58%
Profit Margin	11.90%	11.75%	10.72%	12.61%	14.18%	22.23%
Free Cash Flow Margin	7.64%	7.82%	4.50%	18.49%	6.48%	-28.27%
EBITDA	252.96	241.49	170.78	157.69	164.23	236.83
EBITDA Margin	22.62%	22.48%	19.33%	19.56%	18.32%	26.13%
D&A For EBITDA	66.06	66.69	69.23	59.87	53.22	23.08
EBIT	186.9	174.8	101.55	97.81	111.01	213.76
EBIT Margin	16.71%	16.27%	11.49%	12.13%	12.38%	23.58%
Effective Tax Rate	17.27%	16.18%	13.61%	11.58%	12.13%	13.79%
Revenue as Reported	1,118	1,074	883.5	806.31	896.35	906.5
Advertising Expenses	-	2.23	1.12	0.68	0.19	-

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