FRA:GU5 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	77,325	74,779	75,275	70,550	68,758	61,450
Other Revenue	214.3	214.3	240.53	237.96	256.1	223.35
Revenue	77,539	74,993	75,515	70,788	69,014	61,674
Revenue Growth (YoY)	1.50%	-0.69%	6.68%	2.57%	11.90%	-5.05%
Cost of Revenue	64,675	62,518	61,373	57,548	55,825	51,282
Gross Profit	12,864	12,475	14,143	13,240	13,189	10,392
Selling, General & Admin	8,121	8,003	8,484	8,062	7,955	6,396
Research & Development	628.98	763.77	782.14	819.45	874.72	611.93
Other Operating Expenses	239.54	175.29	6.38	-182.76	294.43	257.59
Operating Expenses	9,155	9,001	9,346	8,753	9,219	7,365
Operating Income	3,709	3,474	4,796	4,487	3,970	3,026
Interest Expense	-406.58	-418.15	-446.19	-434.41	-417.83	-363.34
Interest & Investment Income	606.61	698.33	751.18	1,048	757.45	718.04
Currency Exchange Gain (Loss)	-3.15	-3.15	3.32	-11.12	8.67	2.1
Other Non Operating Income (Expenses)	36.34	-25.74	-45.01	-41.12	-94.44	-66.85
EBT Excluding Unusual Items	3,942	3,725	5,060	5,048	4,224	3,316
Gain (Loss) on Sale of Investments	-399.02	-361.01	38.64	-3.59	196.88	-16.14
Gain (Loss) on Sale of Assets	14.64	11.12	12.03	0.69	0.69	2.95
Asset Writedown	-7.3	-2.93	0.42	-7.06	-3.08	-2.89
Legal Settlements	-	-	-	-	-24.82	-12.02
Other Unusual Items	235.17	235.17	-0.36	4.76	329.44	450.86
Pretax Income	3,786	3,608	5,110	5,043	4,723	3,739
Income Tax Expense	676.23	606.85	851.17	789.87	754.09	647.45
Earnings From Continuing Operations	3,109	3,001	4,259	4,253	3,969	3,092
Minority Interest in Earnings	-122.84	-165.24	-203.65	-286.85	-249.11	-176.38
Net Income	2,987	2,835	4,056	3,967	3,720	2,915
Net Income to Common	2,987	2,835	4,056	3,967	3,720	2,915
Net Income Growth	-12.76%	-30.09%	2.25%	6.63%	27.60%	-8.58%
Shares Outstanding (Basic)	1,626	1,626	1,626	1,626	1,626	1,626
Shares Outstanding (Diluted)	1,626	1,626	1,626	1,626	1,626	1,626
Shares Change (YoY)	0.01%	0.02%	-0.02%	-	-	-
EPS (Basic)	1.84	1.74	2.50	2.44	2.29	1.79
EPS (Diluted)	1.84	1.74	2.50	2.44	2.29	1.79
EPS Growth	-12.77%	-30.10%	2.27%	6.63%	27.61%	-8.57%
Free Cash Flow	996.37	2,314	2,475	5,615	4,419	-291.32
Free Cash Flow Per Share	0.61	1.42	1.52	3.45	2.72	-0.18
Dividend Per Share	0.800	0.800	0.749	0.732	0.687	0.538
Dividend Growth	-30.37%	6.81%	2.32%	6.55%	27.69%	-8.66%
Gross Margin	16.59%	16.63%	18.73%	18.70%	19.11%	16.85%
Operating Margin	4.78%	4.63%	6.35%	6.34%	5.75%	4.91%
Profit Margin	3.85%	3.78%	5.37%	5.60%	5.39%	4.73%
Free Cash Flow Margin	1.29%	3.09%	3.28%	7.93%	6.40%	-0.47%
EBITDA	4,250	4,068	5,462	5,002	4,390	3,415
EBITDA Margin	5.48%	5.42%	7.23%	7.07%	6.36%	5.54%
D&A For EBITDA	541.12	594.35	665.32	514.44	419.91	388.93
EBIT	3,709	3,474	4,796	4,487	3,970	3,026
EBIT Margin	4.78%	4.63%	6.35%	6.34%	5.75%	4.91%
Effective Tax Rate	17.86%	16.82%	16.66%	15.66%	15.97%	17.32%
Revenue as Reported	2,546	-	-	-	-	61,674
Advertising Expenses	-	930.48	1,082	960.69	1,054	690.74

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