Sino-High (China) Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	430.77	408.63	422.95	388.11	329.44
Other Revenue	13.04	10.83	12.46	9.98	12.59
Revenue	443.8	419.46	435.41	398.09	342.03
Revenue Growth (YoY)	5.80%	-3.66%	9.37%	16.39%	18.80%
Cost of Revenue	325.89	321.86	297.24	254.32	232.56
Gross Profit	117.91	97.61	138.17	143.77	109.47
Selling, General & Admin	39.2	38.15	34.39	30.31	27.07
Research & Development	15.11	12.82	15.41	13.33	10.91
Other Operating Expenses	2.3	2.92	2.01	1.55	1.35
Operating Expenses	57	54.34	50.69	45.8	39.88
Operating Income	60.91	43.27	87.47	97.97	69.59
Interest Expense	-	-	-0	-0.01	-0.02
Interest & Investment Income	15.05	16.1	16.81	17.43	8.57
Currency Exchange Gain (Loss)	-0.29	3.04	2.59	5.93	-1.15
Other Non Operating Income (Expenses)	-0.08	-0.07	-0.12	-0.13	-0.04
EBT Excluding Unusual Items	75.58	62.34	106.75	121.19	76.95
Gain (Loss) on Sale of Assets	0.03	-	-	0.04	0.01
Asset Writedown	-0.05	-0.04	-0.77	-0.2	-0.5
Other Unusual Items	0.29	1.13	0.76	1.92	-
Pretax Income	75.84	63.43	106.75	122.95	76.47
Income Tax Expense	9.23	7.47	13.41	16	10.17
Net Income	66.61	55.97	93.34	106.95	66.29
Net Income to Common	66.61	55.97	93.34	106.95	66.29
Net Income Growth	19.02%	-40.04%	-12.72%	61.32%	-7.25%
Shares Outstanding (Basic)	175	175	176	174	142
Shares Outstanding (Diluted)	175	175	176	174	142
Shares Change (YoY)	0.23%	-0.54%	1.19%	22.55%	8.36%
EPS (Basic)	0.38	0.32	0.53	0.62	0.47
EPS (Diluted)	0.38	0.32	0.53	0.62	0.47
EPS Growth	18.75%	-39.71%	-13.75%	31.64%	-14.41%
Free Cash Flow	38.43	106.22	-47.63	39.68	-37.94
Free Cash Flow Per Share	0.22	0.61	-0.27	0.23	-0.27
Dividend Per Share	0.200	0.100	0.115	0.355	0.228
Dividend Growth	100.00%	-13.35%	-67.49%	55.97%	-
Gross Margin	26.57%	23.27%	31.73%	36.11%	32.01%
Operating Margin	13.73%	10.32%	20.09%	24.61%	20.35%
Profit Margin	15.01%	13.34%	21.44%	26.86%	19.38%
Free Cash Flow Margin	8.66%	25.32%	-10.94%	9.97%	-11.09%
EBITDA	93.93	75.82	112.74	108.29	78.78
EBITDA Margin	21.16%	18.08%	25.89%	27.20%	23.03%
D&A For EBITDA	33.02	32.55	25.27	10.32	9.19
EBIT	60.91	43.27	87.47	97.97	69.59
EBIT Margin	13.73%	10.32%	20.09%	24.61%	20.35%
Effective Tax Rate	12.17%	11.77%	12.56%	13.01%	13.31%
Revenue as Reported	443.8	419.46	435.41	398.09	-
Advertising Expenses	0.12	0.1	-	-	0.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.