3SBio 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	Jun '25 Jun 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
Revenue	9,074	9,108	7,816	6,866	6,382	5,588
Revenue Growth (YoY)	7.75%	16.53%	13.84%	7.58%	14.22%	5.07%
Cost of Revenue	1,327	1,280	1,174	1,194	1,106	1,063
Gross Profit	7,747	7,828	6,642	5,672	5,276	4,525
Selling, General & Admin	3,957	3,853	3,487	2,974	2,696	2,472
Research & Development	1,398	1,327	794.79	693.81	753.87	590.34
Other Operating Expenses	25.67	36.93	11.95	86.74	140.02	120.63
Operating Expenses	5,381	5,217	4,294	3,755	3,589	3,183
Operating Income	2,366	2,612	2,348	1,917	1,686	1,341
Interest Expense	-139.5	-190.85	-212.3	-102.75	-66.53	-81.07
Interest & Investment Income	150.49	147.78	153.12	149.49	78.46	84.5
Earnings From Equity Investments	417.09	348.93	-29.8	-34.25	-37.1	-30.39
Currency Exchange Gain (Loss)	22.7	25.28	-71.93	274.64	135.01	-250.03
Other Non Operating Income (Expenses)	122.45	115.71	103.67	83.03	75.8	86.52
EBT Excluding Unusual Items	2,939	3,058	2,291	2,287	1,872	1,151
Gain (Loss) on Sale of Investments	28.51	-284.07	-358.55	181.43	10.69	0.63
Gain (Loss) on Sale of Assets	-8.18	-15.08	-1.88	-4.33	-13.89	-1.02
Asset Writedown	-41.25	-41.25	-	-186.02	-	-177.8
Other Unusual Items	-0.24	-	48.27	1.28	-	6.53
Pretax Income	2,918	2,718	1,978	2,280	1,869	979.13
Income Tax Expense	419.38	500.54	392.17	370.74	241.19	208.02
Earnings From Continuing Operations	2,499	2,218	1,586	1,909	1,628	771.11
Minority Interest in Earnings	-139.96	-127.23	-37.05	6.87	23.67	64.69
Net Income	2,359	2,090	1,549	1,916	1,651	835.79
Net Income to Common	2,359	2,090	1,549	1,916	1,651	835.79
Net Income Growth	42.20%	34.93%	-19.13%	16.02%	97.57%	-14.16%
Shares Outstanding (Basic)	2,407	2,424	2,439	2,444	2,543	2,535
Shares Outstanding (Diluted)	2,473	2,467	2,442	2,648	2,770	2,751
Shares Change (YoY)	1.51%	1.02%	-7.80%	-4.40%	0.70%	8.40%
EPS (Basic)	0.98	0.86	0.64	0.78	0.65	0.33
EPS (Diluted)	0.96	0.85	0.62	0.74	0.62	0.33
EPS Growth	40.74%	36.11%	-16.01%	20.34%	89.55%	-14.21%
Free Cash Flow	2,549	2,520	1,458	1,224	549.23	451.58
Free Cash Flow Per Share	1.03	1.02	0.60	0.46	0.20	0.16
Dividend Per Share	0.235	0.235	0.227	0.088	0.163	-
Dividend Growth	3.52%	3.52%	156.54%	-45.71%	-	-
Gross Margin	85.37%	85.95%	84.97%	82.61%	82.67%	80.98%
Operating Margin	26.07%	28.67%	30.04%	27.92%	26.42%	24.00%
Profit Margin	25.99%	22.95%	19.82%	27.90%	25.87%	14.96%
Free Cash Flow Margin	28.09%	27.66%	18.66%	17.82%	8.61%	8.08%
EBITDA	2,781	2,981	2,663	2,282	1,993	1,683
EBITDA Margin	30.65%	32.73%	34.07%	33.24%	31.22%	30.13%
D&A For EBITDA	415.17	369.52	315.16	365.1	306.38	342.08
EBIT	2,366	2,612	2,348	1,917	1,686	1,341
EBIT Margin	26.07%	28.67%	30.04%	27.92%	26.42%	24.00%
Effective Tax Rate	14.37%	18.41%	19.82%	16.26%	12.91%	21.25%

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