SHA:605577 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	1,554	1,518	1,603	1,846	1,755	1,741
Other Revenue	-	-	60.16	54.44	50.93	49.23
Revenue	1,554	1,518	1,663	1,901	1,806	1,791
Revenue Growth (YoY)	1.43%	-8.76%	-12.48%	5.26%	0.85%	16.24%
Cost of Revenue	924.22	886.17	945.73	1,069	1,040	1,015
Gross Profit	630.02	631.6	717.75	832.09	765.33	776.02
Selling, General & Admin	447.74	458.59	541.04	578.11	343.72	382.94
Research & Development	3.68	3.73	2.85	2.53	3.46	3.92
Other Operating Expenses	-0	-0.04	5.15	1.15	4.29	14.36
Operating Expenses	451.42	462.28	543.44	588.89	368.17	410.69
Operating Income	178.61	169.32	174.31	243.2	397.17	365.32
Interest Expense	-	-	-	-	-0	-0.01
Interest & Investment Income	1.26	1.26	64.74	65.88	62.92	51.29
Other Non Operating Income (Expenses)	44.28	41.59	-2.24	-0.31	-0.38	-0.43
EBT Excluding Unusual Items	224.25	212.17	236.81	308.77	459.7	416.17
Gain (Loss) on Sale of Investments	12.22	13.25	3.3	-	-	-
Gain (Loss) on Sale of Assets	0.08	0.08	-0.01	0.04	0.09	0.25
Asset Writedown	2.58	-1.27	-	-	-	-
Other Unusual Items	-	-	9.42	-2.21	18.17	26.51
Pretax Income	239.12	224.23	250.81	306.6	477.96	442.93
Income Tax Expense	0.44	0.15	48.71	-48.68	0.01	0
Earnings From Continuing Operations	238.68	224.08	202.11	355.28	477.95	442.93
Minority Interest in Earnings	-	-	-0.76	-7.06	-	-
Net Income	238.68	224.08	201.35	348.22	477.95	442.93
Net Income to Common	238.68	224.08	201.35	348.22	477.95	442.93
Net Income Growth	37.64%	11.29%	-42.18%	-27.14%	7.91%	145.01%
Shares Outstanding (Basic)	444	444	444	444	444	415
Shares Outstanding (Diluted)	444	444	444	444	444	415
Shares Change (YoY)	-0.02%	-0.01%	0.01%	0.00%	7.14%	3.71%
EPS (Basic)	0.54	0.50	0.45	0.78	1.08	1.07
EPS (Diluted)	0.54	0.50	0.45	0.78	1.08	1.07
EPS Growth	37.66%	11.30%	-42.18%	-27.14%	0.71%	136.24%
Free Cash Flow	310.1	294.49	210.26	314.06	276.74	229.19
Free Cash Flow Per Share	0.70	0.66	0.47	0.71	0.62	0.55
Dividend Per Share	-	-	0.150	0.080	0.110	0.100
Dividend Growth	-	-	87.50%	-27.27%	10.00%	-
Gross Margin	40.54%	41.61%	43.15%	43.78%	42.38%	43.34%
Operating Margin	11.49%	11.16%	10.48%	12.80%	21.99%	20.40%
Profit Margin	15.36%	14.76%	12.10%	18.32%	26.47%	24.74%
Free Cash Flow Margin	19.95%	19.40%	12.64%	16.52%	15.32%	12.80%
EBITDA	272.31	260.56	255.67	319.08	472.57	443.9
EBITDA Margin	17.52%	17.17%	15.37%	16.79%	26.17%	24.79%
D&A For EBITDA	93.7	91.24	81.36	75.88	75.4	78.58
EBIT	178.61	169.32	174.31	243.2	397.17	365.32
EBIT Margin	11.49%	11.16%	10.48%	12.80%	21.99%	20.40%
Effective Tax Rate	0.18%	0.07%	19.42%	-	0.00%	0.00%
Revenue as Reported	-	-	1,663	1,901	1,806	1,791
Advertising Expenses	-	-	42.11	76.12	95.82	110.29

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