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	Sep '26 Sep 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	1,115	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	1,137	1,074	883.5	806.31	896.35	906.5
Revenue Growth	19.08%	21.58%	9.57%	-10.04%	-1.12%	4.55%
Cost of Revenue	816.25	776.87	664.09	617.48	678.72	607.82
Gross Profit	320.67	297.27	219.41	188.83	217.63	298.68
Selling, General & Admin	71.69	63.62	58.75	60.95	60.56	42.63
Research & Development	41.81	42.18	38.95	34.43	34.37	37.4
Other Operating Expenses	6.97	4.92	2.15	4.36	7.89	5.66
Operating Expenses	130.12	122.47	117.86	91.02	106.62	84.92
Operating Income	190.55	174.8	101.55	97.81	111.01	213.76
Interest Expense	-0.34	-0.2	-0.07	-0.16	-	-
Interest & Investment Income	10.03	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)	-0.41	-0.26	-0.41	-0.29	-0.07	-1.29
EBT Excluding Unusual Items	198.58	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	0.6	0.02	0.55	0.11	0.29	-0.12
Asset Writedown	-26.03	-15.36	-3.06	-1.99	-0.75	-2.85
Other Unusual Items	-1.07	-0.4	0.15	1.53	14.88	5.19
Pretax Income	170.52	168.94	116.7	120.39	144.67	233.74
Income Tax Expense	30.26	27.33	15.89	13.94	17.54	32.23
Earnings From Continuing Operations	140.26	141.6	100.81	106.45	127.13	201.51
Minority Interest in Earnings	-5.74	-15.37	-6.08	-4.76	-	-
Net Income	134.52	126.23	94.73	101.69	127.13	201.51
Net Income to Common	134.52	126.23	94.73	101.69	127.13	201.51
Net Income Growth	18.48%	33.25%	-6.84%	-20.01%	-36.91%	-14.56%
Shares Outstanding (Basic)	185	186	187	187	178	166
Shares Outstanding (Diluted)	185	186	187	187	178	166
Shares Change	-1.14%	-0.06%	-0.38%	5.41%	7.18%	24.75%
EPS (Basic)	0.73	0.68	0.51	-7.38	0.72	1.22
EPS (Diluted)	0.73	0.68	0.51	-7.38	0.72	1.22
EPS Growth	19.86%	33.33%	-	-	-41.14%	-31.51%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	33.24	83.96	39.73	149.11	58.07	-256.28
Free Cash Flow Per Share	0.18	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	28.21%	27.68%	24.83%	23.42%	24.28%	32.95%
Operating Margin	16.76%	16.27%	11.49%	12.13%	12.38%	23.58%
Profit Margin	11.83%	11.75%	10.72%	12.61%	14.18%	22.23%
Free Cash Flow Margin	2.92%	7.82%	4.50%	18.49%	6.48%	-28.27%
EBITDA	255.34	241.49	170.78	157.69	164.23	236.83
EBITDA Margin	22.46%	22.48%	19.33%	19.56%	18.32%	26.13%
D&A For EBITDA	64.79	66.69	69.23	59.87	53.22	23.08
EBIT	190.55	174.8	101.55	97.81	111.01	213.76
EBIT Margin	16.76%	16.27%	11.49%	12.13%	12.38%	23.58%
Effective Tax Rate	17.75%	16.18%	13.61%	11.58%	12.13%	13.79%
Revenue as Reported	1,137	1,074	883.5	806.31	896.35	906.5
Advertising Expenses	-	2.23	1.12	0.68	0.19	-