FRA:TIA 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	4,624	4,566	4,411	4,295	4,282	3,127
Other Revenue	261.53	261.53	254.37	227.51	253.09	236.75
Revenue	4,885	4,827	4,665	4,522	4,536	3,364
Revenue Growth (YoY)	1.93%	3.48%	3.16%	-0.30%	34.83%	17.97%
Cost of Revenue	3,008	2,917	2,853	2,993	3,200	2,189
Gross Profit	1,877	1,910	1,812	1,529	1,336	1,175
Selling, General & Admin	243.76	249.63	242.53	227.04	225.21	189.35
Research & Development	58.57	61.21	50.78	42.33	16.05	13.11
Other Operating Expenses	75.5	60.66	48.11	39.53	25.2	-15.89
Operating Expenses	442.3	462.58	416.93	363.61	261.4	274.91
Operating Income	1,435	1,448	1,395	1,165	1,075	900.32
Interest Expense	-327.05	-381.72	-390.84	-403.07	-339.42	-272.03
Interest & Investment Income	12.22	23.24	168.98	211.94	193.66	23.04
Currency Exchange Gain (Loss)	15.81	15.81	9.57	12.09	30.65	10.49
Other Non Operating Income (Expenses)	-7.48	-1.81	-0.92	-0.71	-2.49	-0.59
EBT Excluding Unusual Items	1,129	1,103	1,182	985.57	957.01	661.23
Impairment of Goodwill	-150.05	-150.05	-169.76	-85.65	-99.66	-
Gain (Loss) on Sale of Investments	-	-	-4.26	-3.6	-	-
Gain (Loss) on Sale of Assets	-4.18	-0.63	-0	-2.57	-0.71	0.02
Asset Writedown	-	-	-	-20.81	-52.16	-34.81
Other Unusual Items	94.52	94.52	98.58	96.34	91.58	91.74
Pretax Income	1,069	1,047	1,106	969.3	896.06	718.18
Income Tax Expense	190.25	176.4	202.77	156.69	177.05	112.05
Earnings From Continuing Operations	878.63	870.66	903.44	812.61	719.01	606.14
Minority Interest in Earnings	-47.11	-63.45	-38.24	-61.35	-25.82	-36.1
Net Income	831.52	807.21	865.21	751.25	693.19	570.04
Net Income to Common	831.52	807.21	865.21	751.25	693.19	570.04
Net Income Growth	-5.67%	-6.70%	15.17%	8.38%	21.60%	12.41%
Shares Outstanding (Basic)	1,571	1,583	1,573	1,473	1,415	1,425
Shares Outstanding (Diluted)	1,571	1,583	1,573	1,473	1,415	1,425
Shares Change (YoY)	-0.21%	0.61%	6.79%	4.13%	-0.73%	1.17%
EPS (Basic)	0.53	0.51	0.55	0.51	0.49	0.40
EPS (Diluted)	0.53	0.51	0.55	0.51	0.49	0.40
EPS Growth	-5.47%	-7.27%	7.84%	4.08%	22.50%	11.11%
Free Cash Flow	339.23	695.57	-674.32	245.19	98.14	-1,011
Free Cash Flow Per Share	0.22	0.44	-0.43	0.17	0.07	-0.71
Dividend Per Share	0.170	0.170	0.166	0.144	0.146	0.120
Dividend Growth	2.41%	2.41%	15.28%	-1.37%	21.67%	12.15%
Gross Margin	38.43%	39.57%	38.84%	33.81%	29.46%	34.94%
Operating Margin	29.38%	29.99%	29.90%	25.77%	23.69%	26.76%
Profit Margin	17.02%	16.72%	18.55%	16.61%	15.28%	16.95%
Free Cash Flow Margin	6.94%	14.41%	-14.46%	5.42%	2.16%	-30.05%
EBITDA	2,259	2,199	2,050	1,760	1,702	1,474
EBITDA Margin	46.24%	45.56%	43.94%	38.91%	37.53%	43.80%
D&A For EBITDA	823.82	751.49	655.04	594.3	627.66	573.22
EBIT	1,435	1,448	1,395	1,165	1,075	900.32
EBIT Margin	29.38%	29.99%	29.90%	25.77%	23.69%	26.76%
Effective Tax Rate	17.80%	16.85%	18.33%	16.17%	19.76%	15.60%
Revenue as Reported	4,885	4,827	4,665	4,522	4,536	3,364

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