中直股份 (600038.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	29.1B	29.1B	29.8B	26.6B	19.5B
Cost of Revenue	26.4B	26.4B	26.6B	23.1B	17.5B
Gross Profit	2.7B	2.7B	3.1B	3.4B	2.0B
Operating Expenses
R&D Expense	799.5M	842.6M	1.2B	1.5B	513.1M
SG&A Expense	—	—	—	—	—
General & Admin Expense	1.3B	1.3B	1.3B	1.2B	912.0M
Selling & Marketing Expense	139.6M	138.7M	161.2M	146.5M	173.6M
Other Expenses	—	—	—	—	—
Total Operating Expenses	2.4B	2.4B	2.9B	2.9B	1.6B
Cost and Expenses	28.8B	28.8B	29.5B	26.0B	19.1B
Operating Income (EBIT)	476.3M	631.6M	488.5M	513.5M	372.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	457.4M	615.4M	481.8M	513.8M	383.3M
Income Tax Expense	5.8M	20.0M	(24.6K)	5.4M	(4.7M)
Bottom Line
Net Income	487.7M	651.9M	555.9M	604.1M	387.9M
Earnings from Cont. Ops	451.6M	595.4M	481.8M	508.4M	388.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	487.7M	651.9M	555.9M	604.1M	387.9M
Per Share
Basic EPS	CN¥0.59	CN¥0.80	CN¥0.72	CN¥0.83	CN¥0.66
Diluted EPS	CN¥0.59	CN¥0.80	CN¥0.72	CN¥0.83	CN¥0.66
Revenue Per Share	CN¥35.50	CN¥35.48	CN¥38.74	CN¥36.35	CN¥33.03
Shares
Basic Shares Outstanding	819.3M	819.9M	768.4M	731.6M	589.5M
Diluted Shares Outstanding	819.3M	819.9M	768.4M	731.6M	589.5M
Profitability Metrics
EBITDA	—	1.3B	1.2B	1.2B	574.8M
D&A	—	696.2M	720.2M	680.6M	202.6M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026