SYoung Group 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	5,069	4,956	4,215	4,459	4,697	4,994
Other Revenue	20.84	20.84	22.52	33.81	25.81	15.65
Revenue	5,089	4,977	4,237	4,493	4,722	5,010
Revenue Growth (YoY)	18.62%	17.46%	-5.70%	-4.86%	-5.74%	34.86%
Cost of Revenue	1,772	1,746	1,592	1,907	2,230	2,408
Gross Profit	3,318	3,231	2,645	2,586	2,493	2,602
Selling, General & Admin	2,950	2,863	2,339	2,093	2,227	2,223
Research & Development	117.48	110.54	82.18	76.57	88.83	65.97
Other Operating Expenses	18.79	16.91	11.9	19.89	23.9	21.57
Operating Expenses	3,092	2,997	2,429	2,195	2,346	2,315
Operating Income	226.32	233.83	215.52	390.26	146.41	287.27
Interest Expense	-60.1	-60.5	-56.9	-57.32	-31.25	-13.97
Interest & Investment Income	11.14	10.54	2.44	19.39	2.31	14.14
Currency Exchange Gain (Loss)	-24.8	-24.8	-3.56	0.4	4.65	-7.38
Other Non Operating Income (Expenses)	-20.78	-22.42	-10.33	-14.75	-14.59	-17.2
EBT Excluding Unusual Items	131.77	136.64	147.16	337.98	107.54	262.86
Gain (Loss) on Sale of Investments	2.87	2.87	-26.82	-13.87	22.44	-
Gain (Loss) on Sale of Assets	-0.02	0.02	0.29	3.77	0.32	-0.3
Other Unusual Items	8.4	7.99	4.72	19.29	13.94	17.49
Pretax Income	138.28	147.52	125.35	347.18	144.23	280.06
Income Tax Expense	-2.69	-0.54	13.72	48.43	21.12	44.82
Earnings From Continuing Operations	140.98	148.06	111.63	298.75	123.11	235.24
Minority Interest in Earnings	0.2	0.28	-1.68	-4.56	1.86	1.18
Net Income	141.18	148.35	109.95	294.2	124.97	236.42
Net Income to Common	141.18	148.35	109.95	294.2	124.97	236.42
Net Income Growth	26.25%	34.92%	-62.63%	135.42%	-47.14%	68.54%
Shares Outstanding (Basic)	391	390	393	387	391	381
Shares Outstanding (Diluted)	391	390	393	403	403	388
Shares Change (YoY)	-0.33%	-0.59%	-2.56%	-0.03%	4.01%	-0.53%
EPS (Basic)	0.36	0.38	0.28	0.76	0.32	0.62
EPS (Diluted)	0.36	0.38	0.28	0.73	0.31	0.61
EPS Growth	26.66%	35.71%	-61.64%	135.48%	-49.18%	69.44%
Free Cash Flow	606.66	501.65	-12.56	83.44	-275.04	-351.08
Free Cash Flow Per Share	1.55	1.28	-0.03	0.21	-0.68	-0.91
Dividend Per Share	0.100	0.100	-	0.100	0.100	-
Gross Margin	65.19%	64.91%	62.42%	57.55%	52.79%	51.93%
Operating Margin	4.45%	4.70%	5.09%	8.69%	3.10%	5.73%
Profit Margin	2.77%	2.98%	2.60%	6.55%	2.65%	4.72%
Free Cash Flow Margin	11.92%	10.08%	-0.30%	1.86%	-5.82%	-7.01%
EBITDA	303.29	308.02	278.65	445.21	177.24	302.75
EBITDA Margin	5.96%	6.19%	6.58%	9.91%	3.75%	6.04%
D&A For EBITDA	76.97	74.2	63.13	54.95	30.83	15.48
EBIT	226.32	233.83	215.52	390.26	146.41	287.27
EBIT Margin	4.45%	4.70%	5.09%	8.69%	3.10%	5.73%
Effective Tax Rate	-	-	10.94%	13.95%	14.64%	16.00%
Revenue as Reported	5,089	4,977	4,237	4,493	4,722	5,010
Advertising Expenses	-	2,152	1,735	1,480	1,597	1,526

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