Yunnan Baiyao Group revenue and financials

000538 · SZSE · CNY

¥50.44Change from previous close: +0.40%Absolute change: +¥0.20

Close · September 30, 2026

In the fiscal year ended December 2025, Yunnan Baiyao Group reported revenue of ¥41.19B (+2.88% year over year). Net income was ¥5.15B, a net margin of 12.5%.

Annual revenue · 2025: ¥41.19B
  1. ¥36.49B2022
  2. ¥39.11B2023
  3. ¥40.03B2024
  4. ¥41.19B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+2.88%
2025 vs 2024
Net income growth
+8.51%
2025 vs 2024
Net margin
12.5%
2024: 11.9%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q2 2025Q1 2025
Total revenue10,28111,60310,53310,41610,841
Cost of revenue7,2588,0487,5937,2787,420
Gross profit3,0243,5542,9393,1383,421
Selling, general and administrative5491,280-81.46701,227
Research and development11376.811695.860.1
Operating income1,3522,1914211,3292,096
EBIT1,9272,3664371,9812,262
EBITDA1,9272,3664371,9812,262
Interest expense5.25.18.84.66.2
Pre-tax income1,9222,3614281,9762,256
Income tax25533027.4259328
Net income1,6642,0373761,6981,935
Net income to common shareholders1,6642,0373761,6981,935
Basic EPS—1.14——1.08
Diluted EPS—1.14——1.08
Average shares (basic)—1,787——1,791
Average shares (diluted)—1,787——1,791