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	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	1,495	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	1,553	1,518	1,663	1,901	1,806	1,791
Revenue Growth	5.91%	-8.76%	-12.48%	5.26%	0.85%	16.24%
Cost of Revenue	933.93	892.85	945.73	1,069	1,040	1,015
Gross Profit	618.92	624.93	717.75	832.09	765.33	776.02
Selling, General & Admin	495.33	475.16	541.04	578.11	343.72	382.94
Research & Development	3.75	3.73	2.85	2.53	3.46	3.92
Other Operating Expenses	13.59	-0.04	5.15	1.15	4.29	14.36
Operating Expenses	514.99	481.16	543.44	588.89	368.17	410.69
Operating Income	103.94	143.77	174.31	243.2	397.17	365.32
Interest Expense	-	-	-	-	-0	-0.01
Interest & Investment Income	48.79	49.55	64.74	65.88	62.92	51.29
Currency Exchange Gain (Loss)	-0	-0	-	-	-	-
Other Non Operating Income (Expenses)	-1.24	1.28	-4.48	-0.31	-0.38	-0.43
EBT Excluding Unusual Items	151.48	194.61	234.57	308.77	459.7	416.17
Gain (Loss) on Sale of Investments	13.66	13.25	3.3	-	-	-
Gain (Loss) on Sale of Assets	0.05	0.04	-0.01	0.04	0.09	0.25
Asset Writedown	2.48	-	-	-	-	-
Other Unusual Items	16.33	16.33	11.66	-2.21	18.17	26.51
Pretax Income	184	224.23	250.81	306.6	477.96	442.93
Income Tax Expense	1.29	0.15	48.71	-48.68	0.01	0
Earnings From Continuing Operations	182.71	224.08	202.11	355.28	477.95	442.93
Minority Interest in Earnings	-	-	-0.76	-7.06	-	-
Net Income	182.71	224.08	201.35	348.22	477.95	442.93
Net Income to Common	182.71	224.08	201.35	348.22	477.95	442.93
Net Income Growth	-15.18%	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	0.00%	-0.01%	0.01%	0.00%	7.14%	3.71%
EPS (Basic)	0.41	0.50	0.45	0.78	1.08	1.07
EPS (Diluted)	0.41	0.50	0.45	0.78	1.08	1.07
EPS Growth	-15.19%	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	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	338.65	294.49	210.26	314.06	276.74	229.19
Free Cash Flow Per Share	0.76	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	39.86%	41.17%	43.15%	43.78%	42.38%	43.34%
Operating Margin	6.69%	9.47%	10.48%	12.80%	21.99%	20.40%
Profit Margin	11.77%	14.76%	12.10%	18.32%	26.47%	24.74%
Free Cash Flow Margin	21.81%	19.40%	12.64%	16.52%	15.32%	12.80%
EBITDA	195.78	233.4	256.56	319.08	472.57	443.9
EBITDA Margin	12.61%	15.38%	15.42%	16.79%	26.17%	24.79%
D&A For EBITDA	91.84	89.62	82.25	75.88	75.4	78.58
EBIT	103.94	143.77	174.31	243.2	397.17	365.32
EBIT Margin	6.69%	9.47%	10.48%	12.80%	21.99%	20.40%
Effective Tax Rate	0.70%	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