SHA:605598 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	1,553	1,569	1,287	1,273	870.04	727.41
Other Revenue	-	-	9.26	4.08	15.06	7.11
Revenue	1,553	1,569	1,297	1,277	885.11	734.52
Revenue Growth (YoY)	12.44%	21.03%	1.51%	44.33%	20.50%	-7.27%
Cost of Revenue	1,199	1,204	915.01	845.03	569	517.8
Gross Profit	353.49	365.59	381.67	432.42	316.11	216.72
Selling, General & Admin	242.19	236.39	201.21	177.74	124.43	115.57
Research & Development	34.1	35.99	40.58	21.62	16.32	11.81
Other Operating Expenses	-2.08	-2.08	1.44	3.55	0.81	1.15
Operating Expenses	274.21	270.3	283.5	226.48	148.57	130.26
Operating Income	79.28	95.29	98.17	205.94	167.54	86.46
Interest Expense	-	-	-2.78	-1.82	-2.37	-5.35
Interest & Investment Income	0.14	0.14	15.91	17.07	11.4	5.34
Currency Exchange Gain (Loss)	-	-	9.74	-3.46	11.02	-0.12
Other Non Operating Income (Expenses)	-9.55	8.16	-2.35	-2.61	-1.68	-2.23
EBT Excluding Unusual Items	69.86	103.59	118.69	215.12	185.9	84.11
Gain (Loss) on Sale of Investments	-0.04	0.1	1.76	1.05	1.35	0.32
Gain (Loss) on Sale of Assets	-0.83	-0.82	0.96	-3.23	1.17	0.29
Asset Writedown	-6.5	-8.55	-	-	-	-0.09
Legal Settlements	-	-	-	-	-	0.8
Other Unusual Items	-	-	3.38	3.04	1.7	1.07
Pretax Income	62.5	94.32	124.8	215.98	190.13	86.5
Income Tax Expense	35.78	34.9	34.13	42.23	33.34	25.16
Earnings From Continuing Operations	26.72	59.42	90.67	173.75	156.79	61.34
Minority Interest in Earnings	7.19	6.2	1.85	0.35	-	-
Net Income	33.91	65.61	92.52	174.1	156.79	61.34
Net Income to Common	33.91	65.61	92.52	174.1	156.79	61.34
Net Income Growth	-65.44%	-29.08%	-46.86%	11.04%	155.61%	-43.41%
Shares Outstanding (Basic)	233	243	237	238	241	195
Shares Outstanding (Diluted)	233	243	237	242	241	195
Shares Change (YoY)	-0.26%	2.44%	-1.89%	0.24%	23.60%	8.02%
EPS (Basic)	0.15	0.27	0.39	0.73	0.65	0.31
EPS (Diluted)	0.15	0.27	0.39	0.72	0.65	0.31
EPS Growth	-65.35%	-30.77%	-45.83%	10.77%	106.81%	-47.62%
Free Cash Flow	23.44	60	-298.94	56.42	57.95	3.88
Free Cash Flow Per Share	0.10	0.25	-1.26	0.23	0.24	0.02
Dividend Per Share	-	-	0.114	0.213	0.064	0.026
Dividend Growth	-	-	-46.48%	233.86%	148.25%	-
Gross Margin	22.77%	23.30%	29.43%	33.85%	35.71%	29.50%
Operating Margin	5.11%	6.07%	7.57%	16.12%	18.93%	11.77%
Profit Margin	2.18%	4.18%	7.13%	13.63%	17.71%	8.35%
Free Cash Flow Margin	1.51%	3.82%	-23.05%	4.42%	6.55%	0.53%
EBITDA	177.58	185.82	157.59	255.48	217.12	126.33
EBITDA Margin	11.44%	11.84%	12.15%	20.00%	24.53%	17.20%
D&A For EBITDA	98.3	90.53	59.42	49.54	49.58	39.87
EBIT	79.28	95.29	98.17	205.94	167.54	86.46
EBIT Margin	5.11%	6.07%	7.57%	16.12%	18.93%	11.77%
Effective Tax Rate	57.25%	37.00%	27.35%	19.55%	17.54%	29.09%
Revenue as Reported	-	-	1,297	1,277	885.11	734.52
Advertising Expenses	-	-	6.58	0.54	-	-

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