Sino-High (China) Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	433.05	408.63	422.95	388.11	329.44	277.1
Other Revenue	10.83	10.83	12.46	9.98	12.59	10.8
Revenue	443.88	419.46	435.41	398.09	342.03	287.9
Revenue Growth (YoY)	8.06%	-3.66%	9.37%	16.39%	18.80%	-1.33%
Cost of Revenue	330.67	321.86	297.24	254.32	232.56	168.53
Gross Profit	113.21	97.61	138.17	143.77	109.47	119.37
Selling, General & Admin	39.13	38.15	34.39	30.31	27.07	26.64
Research & Development	14.58	12.82	15.41	13.33	10.91	10.16
Other Operating Expenses	2.24	2.92	2.01	1.55	1.35	2.66
Operating Expenses	56.65	54.34	50.69	45.8	39.88	39.6
Operating Income	56.56	43.27	87.47	97.97	69.59	79.77
Interest Expense	-	-	-0	-0.01	-0.02	-
Interest & Investment Income	14.55	16.1	16.81	17.43	8.57	5.94
Currency Exchange Gain (Loss)	3.04	3.04	2.59	5.93	-1.15	-2.25
Other Non Operating Income (Expenses)	-0.32	-0.07	-0.12	-0.13	-0.04	-0.05
EBT Excluding Unusual Items	73.83	62.34	106.75	121.19	76.95	83.41
Gain (Loss) on Sale of Assets	0.07	-	-	0.04	0.01	0.04
Asset Writedown	-0.13	-0.04	-0.77	-0.2	-0.5	-0.66
Other Unusual Items	1.14	1.13	0.76	1.92	-	0.28
Pretax Income	74.9	63.43	106.75	122.95	76.47	83.08
Income Tax Expense	9.19	7.47	13.41	16	10.17	11.6
Net Income	65.71	55.97	93.34	106.95	66.29	71.48
Net Income to Common	65.71	55.97	93.34	106.95	66.29	71.48
Net Income Growth	1.08%	-40.04%	-12.72%	61.32%	-7.25%	-3.93%
Shares Outstanding (Basic)	176	173	176	174	142	131
Shares Outstanding (Diluted)	176	173	176	174	142	131
Shares Change (YoY)	0.38%	-1.50%	1.19%	22.55%	8.36%	-0.06%
EPS (Basic)	0.37	0.32	0.53	0.62	0.47	0.55
EPS (Diluted)	0.37	0.32	0.53	0.62	0.47	0.55
EPS Growth	0.70%	-39.13%	-13.75%	31.64%	-14.41%	-3.87%
Free Cash Flow	40.53	106.22	-47.63	39.68	-37.94	29.19
Free Cash Flow Per Share	0.23	0.61	-0.27	0.23	-0.27	0.22
Dividend Per Share	0.177	0.077	0.115	0.355	0.228	-
Dividend Growth	53.29%	-33.36%	-67.49%	55.97%	-	-
Gross Margin	25.50%	23.27%	31.73%	36.11%	32.01%	41.46%
Operating Margin	12.74%	10.32%	20.09%	24.61%	20.35%	27.71%
Profit Margin	14.80%	13.34%	21.44%	26.86%	19.38%	24.83%
Free Cash Flow Margin	9.13%	25.32%	-10.94%	9.97%	-11.09%	10.14%
EBITDA	94.49	75.77	112.74	108.29	78.78	89.11
EBITDA Margin	21.29%	18.06%	25.89%	27.20%	23.03%	30.95%
D&A For EBITDA	37.93	32.5	25.27	10.32	9.19	9.34
EBIT	56.56	43.27	87.47	97.97	69.59	79.77
EBIT Margin	12.74%	10.32%	20.09%	24.61%	20.35%	27.71%
Effective Tax Rate	12.27%	11.77%	12.56%	13.01%	13.31%	13.96%
Revenue as Reported	443.88	419.46	435.41	398.09	-	287.9
Advertising Expenses	-	0.1	-	-	0.1	0.03

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.