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 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	429.57	430.77	408.63	422.95	388.11	329.44
Other Revenue	13.04	13.04	10.83	12.46	9.98	12.59
Revenue	442.6	443.8	419.46	435.41	398.09	342.03
Revenue Growth (YoY)	2.39%	5.80%	-3.66%	9.37%	16.39%	18.80%
Cost of Revenue	321.96	325.89	321.86	297.24	254.32	232.56
Gross Profit	120.64	117.91	97.61	138.17	143.77	109.47
Selling, General & Admin	37.47	39.2	38.15	34.39	30.31	27.07
Research & Development	15.08	15.11	12.82	15.41	13.33	10.91
Other Operating Expenses	2.26	2.3	2.92	2.01	1.55	1.35
Operating Expenses	55.19	57	54.34	50.69	45.8	39.88
Operating Income	65.45	60.91	43.27	87.47	97.97	69.59
Interest Expense	-	-	-	-0	-0.01	-0.02
Interest & Investment Income	13.1	15.05	16.1	16.81	17.43	8.57
Currency Exchange Gain (Loss)	-0.29	-0.29	3.04	2.59	5.93	-1.15
Other Non Operating Income (Expenses)	-2.8	-0.08	-0.07	-0.12	-0.13	-0.04
EBT Excluding Unusual Items	75.46	75.58	62.34	106.75	121.19	76.95
Gain (Loss) on Sale of Assets	0.03	0.03	-	-	0.04	0.01
Asset Writedown	-0.27	-0.05	-0.04	-0.77	-0.2	-0.5
Other Unusual Items	0.29	0.29	1.13	0.76	1.92	-
Pretax Income	75.5	75.84	63.43	106.75	122.95	76.47
Income Tax Expense	9.33	9.23	7.47	13.41	16	10.17
Net Income	66.16	66.61	55.97	93.34	106.95	66.29
Net Income to Common	66.16	66.61	55.97	93.34	106.95	66.29
Net Income Growth	8.10%	19.02%	-40.04%	-12.72%	61.32%	-7.25%
Shares Outstanding (Basic)	174	175	175	176	174	142
Shares Outstanding (Diluted)	174	175	175	176	174	142
Shares Change (YoY)	-0.74%	0.23%	-0.54%	1.19%	22.55%	8.36%
EPS (Basic)	0.38	0.38	0.32	0.53	0.62	0.47
EPS (Diluted)	0.38	0.38	0.32	0.53	0.62	0.47
EPS Growth	8.91%	18.75%	-39.71%	-13.75%	31.64%	-14.41%
Free Cash Flow	39	38.43	106.22	-47.63	39.68	-37.94
Free Cash Flow Per Share	0.22	0.22	0.61	-0.27	0.23	-0.27
Dividend Per Share	0.200	0.200	0.100	0.115	0.355	0.228
Dividend Growth	100.00%	100.00%	-13.35%	-67.49%	55.97%	-
Gross Margin	27.26%	26.57%	23.27%	31.73%	36.11%	32.01%
Operating Margin	14.79%	13.73%	10.32%	20.09%	24.61%	20.35%
Profit Margin	14.95%	15.01%	13.34%	21.44%	26.86%	19.38%
Free Cash Flow Margin	8.81%	8.66%	25.32%	-10.94%	9.97%	-11.09%
EBITDA	98.59	93.93	75.82	112.74	108.29	78.78
EBITDA Margin	22.27%	21.16%	18.08%	25.89%	27.20%	23.03%
D&A For EBITDA	33.13	33.02	32.55	25.27	10.32	9.19
EBIT	65.45	60.91	43.27	87.47	97.97	69.59
EBIT Margin	14.79%	13.73%	10.32%	20.09%	24.61%	20.35%
Effective Tax Rate	12.36%	12.17%	11.77%	12.56%	13.01%	13.31%
Revenue as Reported	443.8	443.8	419.46	435.41	398.09	-
Advertising Expenses	-	0.12	0.1	-	-	0.1

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