SHA:600273 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	9,716	9,056	8,677	11,398	8,929	5,500
Other Revenue	97.16	97.16	97.47	104.78	135.92	67.37
Revenue	9,813	9,153	8,774	11,503	9,064	5,568
Revenue Growth (YoY)	6.32%	4.32%	-23.72%	26.90%	62.81%	3.70%
Cost of Revenue	8,224	7,555	7,038	9,010	6,480	3,662
Gross Profit	1,589	1,599	1,736	2,493	2,585	1,906
Selling, General & Admin	170.26	176.89	190.46	186.36	175.04	148.87
Research & Development	302.78	284.24	290.88	371.27	319.62	212.31
Other Operating Expenses	23.91	36.3	-7.95	35.04	25.45	30.11
Operating Expenses	494.56	503.25	478.04	592.32	522.99	401.09
Operating Income	1,094	1,095	1,258	1,900	2,062	1,505
Interest Expense	-4.26	-21.24	-29.03	-13.55	-15.11	-10.63
Interest & Investment Income	55.15	60.43	91.49	61.13	30.28	31.59
Currency Exchange Gain (Loss)	-39.97	-39.97	-10.83	-132.46	19	27.48
Other Non Operating Income (Expenses)	-37.83	-3.81	-2.55	-5.62	-4.51	-4.1
EBT Excluding Unusual Items	1,067	1,091	1,307	1,810	2,091	1,549
Gain (Loss) on Sale of Investments	43.73	3.34	1.09	-7.71	-	-
Gain (Loss) on Sale of Assets	-0.06	0.05	0.04	-3.27	-29.87	-12.14
Asset Writedown	-51.3	-82.41	-53.39	-	-	-57.25
Other Unusual Items	120.79	114.36	41.17	21.29	16.08	17.4
Pretax Income	1,181	1,126	1,296	1,820	2,078	1,497
Income Tax Expense	143.22	120.69	116.18	222.61	267.74	194.16
Earnings From Continuing Operations	1,037	1,005	1,180	1,598	1,810	1,303
Minority Interest in Earnings	2.39	2.36	-0.27	1.03	0.1	0.83
Net Income	1,040	1,008	1,180	1,599	1,810	1,304
Net Income to Common	1,040	1,008	1,180	1,599	1,810	1,304
Net Income Growth	-1.79%	-14.57%	-26.21%	-11.68%	38.83%	6.25%
Shares Outstanding (Basic)	1,333	1,362	1,388	1,390	1,403	1,433
Shares Outstanding (Diluted)	1,333	1,362	1,388	1,390	1,403	1,433
Shares Change (YoY)	-3.47%	-1.87%	-0.17%	-0.92%	-2.07%	2.75%
EPS (Basic)	0.78	0.74	0.85	1.15	1.29	0.91
EPS (Diluted)	0.78	0.74	0.85	1.15	1.29	0.91
EPS Growth	1.74%	-12.94%	-26.09%	-10.85%	41.76%	3.41%
Free Cash Flow	52.95	280.55	-247.4	1,179	1,418	802.23
Free Cash Flow Per Share	0.04	0.21	-0.18	0.85	1.01	0.56
Dividend Per Share	0.200	0.400	0.400	0.550	0.550	0.400
Dividend Growth	-50.00%	-	-27.27%	-	37.50%	21.21%
Gross Margin	16.19%	17.46%	19.79%	21.67%	28.52%	34.23%
Operating Margin	11.15%	11.97%	14.34%	16.52%	22.75%	27.03%
Profit Margin	10.60%	11.01%	13.44%	13.90%	19.97%	23.42%
Free Cash Flow Margin	0.54%	3.06%	-2.82%	10.25%	15.64%	14.41%
EBITDA	1,838	1,821	1,961	2,579	2,635	2,006
EBITDA Margin	18.73%	19.90%	22.35%	22.42%	29.07%	36.03%
D&A For EBITDA	743.27	726.12	703.26	678.94	573.63	501.07
EBIT	1,094	1,095	1,258	1,900	2,062	1,505
EBIT Margin	11.15%	11.97%	14.34%	16.52%	22.75%	27.03%
Effective Tax Rate	12.13%	10.72%	8.96%	12.23%	12.89%	12.97%
Revenue as Reported	659.73	-	-	11,503	9,064	5,568

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