FRA:1YO 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	13,498	11,917	13,105	13,687	9,411	8,035
Other Revenue	280.66	280.66	248.12	143.51	125.46	186.13
Revenue	13,778	12,197	13,353	13,830	9,536	8,222
Revenue Growth (YoY)	14.65%	-8.65%	-3.45%	45.03%	15.99%	5.82%
Cost of Revenue	10,068	9,031	10,213	10,671	7,732	6,629
Gross Profit	3,710	3,166	3,140	3,160	1,804	1,592
Selling, General & Admin	1,620	1,496	1,504	1,169	865.16	696.66
Research & Development	835.3	787.19	774.99	783.89	473.16	414.57
Other Operating Expenses	-30.05	-45.52	73.3	86.34	33.01	22.28
Operating Expenses	2,664	2,374	2,462	2,164	1,444	1,210
Operating Income	1,046	792.21	678.31	995.54	360.22	381.95
Interest Expense	-254.41	-248.56	-229.12	-192.27	-94.36	-49.94
Interest & Investment Income	52.89	88.63	645.29	187.86	127.06	52.15
Currency Exchange Gain (Loss)	-11.66	-11.66	4.47	45.84	-36.84	-19.05
Other Non Operating Income (Expenses)	-141.08	-25.03	-29.65	-18.99	-8.15	-6.54
EBT Excluding Unusual Items	691.29	595.59	1,069	1,018	347.93	358.56
Gain (Loss) on Sale of Investments	-283.04	-310.44	10.77	9.47	339.08	93.93
Gain (Loss) on Sale of Assets	5.06	-8.16	-2.22	-2.4	-0.34	1.76
Asset Writedown	-49.8	-31.15	-29.59	-30.01	-44.57	-3.6
Other Unusual Items	347.07	347.07	168.16	156.93	105.9	128.59
Pretax Income	710.58	592.9	1,216	1,152	748	579.24
Income Tax Expense	108.2	11.65	39.49	-9.27	27.33	35.04
Earnings From Continuing Operations	602.37	581.25	1,177	1,161	720.68	544.2
Minority Interest in Earnings	-29.76	94.62	120.5	5.76	-12.17	-0.52
Net Income	572.62	675.88	1,297	1,167	708.51	543.68
Net Income to Common	572.62	675.88	1,297	1,167	708.51	543.68
Net Income Growth	-42.15%	-47.91%	11.18%	64.71%	30.32%	-32.14%
Shares Outstanding (Basic)	762	759	759	758	754	755
Shares Outstanding (Diluted)	762	759	759	758	754	755
Shares Change (YoY)	0.98%	0.09%	0.13%	0.54%	-0.18%	-0.10%
EPS (Basic)	0.75	0.89	1.71	1.54	0.94	0.72
EPS (Diluted)	0.75	0.89	1.71	1.54	0.94	0.72
EPS Growth	-42.71%	-47.95%	11.04%	63.83%	30.56%	-32.07%
Free Cash Flow	1,554	397.55	-748.28	-633.67	-546.85	-468.25
Free Cash Flow Per Share	2.04	0.52	-0.99	-0.84	-0.73	-0.62
Dividend Per Share	0.268	0.268	0.514	0.462	0.281	0.216
Dividend Growth	-47.86%	-47.86%	11.25%	64.41%	30.09%	-32.07%
Gross Margin	26.93%	25.96%	23.52%	22.85%	18.92%	19.37%
Operating Margin	7.59%	6.49%	5.08%	7.20%	3.78%	4.65%
Profit Margin	4.16%	5.54%	9.72%	8.44%	7.43%	6.61%
Free Cash Flow Margin	11.28%	3.26%	-5.60%	-4.58%	-5.73%	-5.70%
EBITDA	1,827	1,589	1,496	1,587	741.3	738.95
EBITDA Margin	13.26%	13.03%	11.20%	11.48%	7.77%	8.99%
D&A For EBITDA	781.9	797.14	817.47	591.75	381.08	357
EBIT	1,046	792.21	678.31	995.54	360.22	381.95
EBIT Margin	7.59%	6.49%	5.08%	7.20%	3.78%	4.65%
Effective Tax Rate	15.23%	1.97%	3.25%	-	3.65%	6.05%
Revenue as Reported	12,197	12,197	13,353	13,830	9,536	8,222
Advertising Expenses	-	57.7	56.42	26.29	28.45	20.21

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