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	Jun '26 Jun 30, 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	1,133	1,052	859.22	789.75	885.57	901.83
Other Revenue	26.16	22.32	24.28	16.57	10.79	4.67
Revenue	1,159	1,074	883.5	806.31	896.35	906.5
Revenue Growth	32.09%	21.58%	9.57%	-10.04%	-1.12%	4.55%
Cost of Revenue	824.24	776.87	664.09	617.48	678.72	607.82
Gross Profit	335.21	297.27	219.41	188.83	217.63	298.68
Selling, General & Admin	67.63	63.62	58.75	60.95	60.56	42.63
Research & Development	42.47	42.18	38.95	34.43	34.37	37.4
Other Operating Expenses	8.49	4.92	2.15	4.36	7.89	5.66
Operating Expenses	132.66	122.47	117.86	91.02	106.62	84.92
Operating Income	202.55	174.8	101.55	97.81	111.01	213.76
Interest Expense	-0.3	-0.2	-0.07	-0.16	-	-
Interest & Investment Income	11.76	13.15	16.74	22.87	17.65	19.39
Currency Exchange Gain (Loss)	-8.66	-1.26	1.26	0.5	1.66	-0.33
Other Non Operating Income (Expenses)	-0.09	-0.26	-0.41	-0.29	-0.07	-1.29
EBT Excluding Unusual Items	205.25	186.23	119.07	120.73	130.25	231.53
Impairment of Goodwill	-32.64	-20.86	-	-	-	-
Gain (Loss) on Sale of Investments	19.32	19.32	-	-	-	-
Gain (Loss) on Sale of Assets	0.28	0.02	0.55	0.11	0.29	-0.12
Asset Writedown	-15.36	-15.36	-3.06	-1.99	-0.75	-2.85
Other Unusual Items	-0.5	-0.4	0.15	1.53	14.88	5.19
Pretax Income	176.35	168.94	116.7	120.39	144.67	233.74
Income Tax Expense	30.52	27.33	15.89	13.94	17.54	32.23
Earnings From Continuing Operations	145.82	141.6	100.81	106.45	127.13	201.51
Minority Interest in Earnings	-13.39	-15.37	-6.08	-4.76	-	-
Net Income	132.43	126.23	94.73	101.69	127.13	201.51
Net Income to Common	132.43	126.23	94.73	101.69	127.13	201.51
Net Income Growth	39.83%	33.25%	-6.84%	-20.01%	-36.91%	-14.56%
Shares Outstanding (Basic)	187	186	187	187	178	166
Shares Outstanding (Diluted)	187	186	187	187	178	166
Shares Change	-0.18%	-0.06%	-0.38%	5.41%	7.18%	24.75%
EPS (Basic)	0.71	0.68	0.51	-7.38	0.72	1.22
EPS (Diluted)	0.71	0.68	0.51	-7.38	0.72	1.22
EPS Growth	40.08%	33.33%	-	-	-41.14%	-31.51%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	63.31	83.96	39.73	149.11	58.07	-256.28
Free Cash Flow Per Share	0.34	0.45	0.21	0.80	0.33	-1.55
Dividend Per Share	0.696	0.669	0.500	0.308	0.269	0.330
Dividend Growth	25.67%	33.84%	62.50%	14.30%	-18.35%	100.06%
Gross Margin	28.91%	27.68%	24.83%	23.42%	24.28%	32.95%
Operating Margin	17.47%	16.27%	11.49%	12.13%	12.38%	23.58%
Profit Margin	11.42%	11.75%	10.72%	12.61%	14.18%	22.23%
Free Cash Flow Margin	5.46%	7.82%	4.50%	18.49%	6.48%	-28.27%
EBITDA	269.66	241.49	170.78	157.69	164.23	236.83
EBITDA Margin	23.26%	22.48%	19.33%	19.56%	18.32%	26.13%
D&A For EBITDA	67.11	66.69	69.23	59.87	53.22	23.08
EBIT	202.55	174.8	101.55	97.81	111.01	213.76
EBIT Margin	17.47%	16.27%	11.49%	12.13%	12.38%	23.58%
Effective Tax Rate	17.31%	16.18%	13.61%	11.58%	12.13%	13.79%
Revenue as Reported	1,159	1,074	883.5	806.31	896.35	906.5
Advertising Expenses	-	2.23	1.12	0.68	0.19	-