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	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	1,508	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	1,566	1,518	1,663	1,901	1,806	1,791
Revenue Growth	4.67%	-8.76%	-12.48%	5.26%	0.85%	16.24%
Cost of Revenue	931.1	892.85	945.73	1,069	1,040	1,015
Gross Profit	635.07	624.93	717.75	832.09	765.33	776.02
Selling, General & Admin	504.48	475.16	541.04	578.11	343.72	382.94
Research & Development	2.62	3.73	2.85	2.53	3.46	3.92
Other Operating Expenses	30.23	-0.04	5.15	1.15	4.29	14.36
Operating Expenses	522.7	481.16	543.44	588.89	368.17	410.69
Operating Income	112.37	143.77	174.31	243.2	397.17	365.32
Interest Expense	-	-	-	-	-0	-0.01
Interest & Investment Income	12.28	49.55	64.74	65.88	62.92	51.29
Currency Exchange Gain (Loss)	-0	-0	-	-	-	-
Other Non Operating Income (Expenses)	35.93	1.28	-4.48	-0.31	-0.38	-0.43
EBT Excluding Unusual Items	160.58	194.61	234.57	308.77	459.7	416.17
Gain (Loss) on Sale of Investments	14.46	13.25	3.3	-	-	-
Gain (Loss) on Sale of Assets	0.08	0.04	-0.01	0.04	0.09	0.25
Asset Writedown	3.01	-	-	-	-	-
Other Unusual Items	19.35	16.33	11.66	-2.21	18.17	26.51
Pretax Income	197.47	224.23	250.81	306.6	477.96	442.93
Income Tax Expense	2.25	0.15	48.71	-48.68	0.01	0
Earnings From Continuing Operations	195.22	224.08	202.11	355.28	477.95	442.93
Minority Interest in Earnings	-	-	-0.76	-7.06	-	-
Net Income	195.22	224.08	201.35	348.22	477.95	442.93
Net Income to Common	195.22	224.08	201.35	348.22	477.95	442.93
Net Income Growth	-24.91%	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	-0.01%	-0.01%	0.01%	0.00%	7.14%	3.71%
EPS (Basic)	0.44	0.50	0.45	0.78	1.08	1.07
EPS (Diluted)	0.44	0.50	0.45	0.78	1.08	1.07
EPS Growth	-24.89%	11.30%	-42.18%	-27.14%	0.71%	136.24%

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	368.19	294.49	210.26	314.06	276.74	229.19
Free Cash Flow Per Share	0.83	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	40.55%	41.17%	43.15%	43.78%	42.38%	43.34%
Operating Margin	7.17%	9.47%	10.48%	12.80%	21.99%	20.40%
Profit Margin	12.46%	14.76%	12.10%	18.32%	26.47%	24.74%
Free Cash Flow Margin	23.51%	19.40%	12.64%	16.52%	15.32%	12.80%
EBITDA	207.52	233.4	256.56	319.08	472.57	443.9
EBITDA Margin	13.25%	15.38%	15.42%	16.79%	26.17%	24.79%
D&A For EBITDA	95.15	89.62	82.25	75.88	75.4	78.58
EBIT	112.37	143.77	174.31	243.2	397.17	365.32
EBIT Margin	7.17%	9.47%	10.48%	12.80%	21.99%	20.40%
Effective Tax Rate	1.14%	0.07%	19.42%	-	0.00%	0.00%
Revenue as Reported	234.31	1,518	1,663	1,901	1,806	1,791
Advertising Expenses	-	16.92	42.11	76.12	95.82	110.29