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	1,496	1,460	1,603	1,846	1,755	1,741
Other Revenue	57.86	57.86	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	930.89	892.85	945.73	1,069	1,040	1,015
Gross Profit	623.35	624.93	717.75	832.09	765.33	776.02
Selling, General & Admin	464.3	475.16	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	470.29	481.16	543.44	588.89	368.17	410.69
Operating Income	153.06	143.77	174.31	243.2	397.17	365.32
Interest Expense	-	-	-	-	-0	-0.01
Interest & Investment Income	49.55	49.55	64.74	65.88	62.92	51.29
Currency Exchange Gain (Loss)	-0	-0	-	-	-	-
Other Non Operating Income (Expenses)	3.98	1.28	-4.48	-0.31	-0.38	-0.43
EBT Excluding Unusual Items	206.69	194.61	234.57	308.77	459.7	416.17
Gain (Loss) on Sale of Investments	12.22	13.25	3.3	-	-	-
Gain (Loss) on Sale of Assets	0.04	0.04	-0.01	0.04	0.09	0.25
Asset Writedown	3.84	-	-	-	-	-
Other Unusual Items	16.33	16.33	11.66	-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	0.160	0.160	0.150	0.080	0.110	0.100
Dividend Growth	6.67%	6.67%	87.50%	-27.27%	10.00%	-
Gross Margin	40.11%	41.17%	43.15%	43.78%	42.38%	43.34%
Operating Margin	9.85%	9.47%	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	244.53	233.4	256.56	319.08	472.57	443.9
EBITDA Margin	15.73%	15.38%	15.42%	16.79%	26.17%	24.79%
D&A For EBITDA	91.47	89.62	82.25	75.88	75.4	78.58
EBIT	153.06	143.77	174.31	243.2	397.17	365.32
EBIT Margin	9.85%	9.47%	10.48%	12.80%	21.99%	20.40%
Effective Tax Rate	0.18%	0.07%	19.42%	-	0.00%	0.00%
Revenue as Reported	1,518	1,518	1,663	1,901	1,806	1,791
Advertising Expenses	-	16.92	42.11	76.12	95.82	110.29

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