3SBio Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,696	9,108	7,816	6,866	6,382
Revenue Growth (YoY)	94.29%	16.53%	13.84%	7.58%	14.22%
Cost of Revenue	1,348	1,280	1,174	1,194	1,106
Gross Profit	16,347	7,828	6,642	5,672	5,276
Selling, General & Admin	4,282	3,853	3,487	2,974	2,696
Research & Development	1,520	1,327	794.79	693.81	753.87
Other Operating Expenses	57.63	36.93	11.95	86.74	140.02
Operating Expenses	5,860	5,217	4,294	3,755	3,589
Operating Income	10,487	2,612	2,348	1,917	1,686
Interest Expense	-76.39	-190.85	-212.3	-102.75	-66.53
Interest & Investment Income	303.78	147.78	153.12	149.49	78.46
Earnings From Equity Investments	-101.51	348.93	-29.8	-34.25	-37.1
Currency Exchange Gain (Loss)	-208.01	25.28	-71.93	274.64	135.01
Other Non Operating Income (Expenses)	123.41	115.71	103.67	83.03	75.8
EBT Excluding Unusual Items	10,528	3,058	2,291	2,287	1,872
Gain (Loss) on Sale of Investments	266.87	-284.07	-358.55	181.43	10.69
Gain (Loss) on Sale of Assets	-11.77	-15.08	-1.88	-4.33	-13.89
Asset Writedown	-35.23	-41.25	-	-186.02	-
Other Unusual Items	-0.24	-	48.27	1.28	-
Pretax Income	10,748	2,718	1,978	2,280	1,869
Income Tax Expense	1,652	500.54	392.17	370.74	241.19
Earnings From Continuing Operations	9,096	2,218	1,586	1,909	1,628
Minority Interest in Earnings	-613.95	-127.23	-37.05	6.87	23.67
Net Income	8,482	2,090	1,549	1,916	1,651
Net Income to Common	8,482	2,090	1,549	1,916	1,651
Net Income Growth	305.78%	34.93%	-19.13%	16.02%	97.57%
Shares Outstanding (Basic)	2,419	2,424	2,439	2,444	2,543
Shares Outstanding (Diluted)	2,466	2,467	2,442	2,648	2,770
Shares Change (YoY)	-0.04%	1.02%	-7.80%	-4.40%	0.70%
EPS (Basic)	3.51	0.86	0.64	0.78	0.65
EPS (Diluted)	3.43	0.85	0.62	0.74	0.62
EPS Growth	303.61%	36.11%	-16.01%	20.34%	89.55%
Free Cash Flow	-	2,520	1,458	1,224	549.23
Free Cash Flow Per Share	-	1.02	0.60	0.46	0.20
Dividend Per Share	0.225	0.235	0.227	0.088	0.163
Dividend Growth	-4.37%	3.52%	156.54%	-45.71%	-
Gross Margin	92.38%	85.95%	84.97%	82.61%	82.67%
Operating Margin	59.26%	28.67%	30.04%	27.92%	26.42%
Profit Margin	47.93%	22.95%	19.82%	27.90%	25.87%
Free Cash Flow Margin	-	27.66%	18.66%	17.82%	8.61%
EBITDA	10,857	2,981	2,663	2,282	1,993
EBITDA Margin	61.35%	32.73%	34.07%	33.24%	31.22%
D&A For EBITDA	369.52	369.52	315.16	365.1	306.38
EBIT	10,487	2,612	2,348	1,917	1,686
EBIT Margin	59.26%	28.67%	30.04%	27.92%	26.42%
Effective Tax Rate	15.37%	18.41%	19.82%	16.26%	12.91%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.