SHA:600284 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	14,556	18,826	17,677	14,834	11,354	8,367
Other Revenue	32.38	32.38	48.53	54.12	41.08	9.93
Revenue	14,588	18,859	17,726	14,888	11,395	8,376
Revenue Growth (YoY)	-20.23%	6.39%	19.06%	30.65%	36.03%	34.68%
Cost of Revenue	13,559	17,399	16,404	13,786	10,519	7,615
Gross Profit	1,029	1,459	1,322	1,102	876.18	761.51
Selling, General & Admin	279.81	277.5	241.22	212.11	149.32	124.16
Research & Development	406.84	651.66	658.65	523.78	385.56	277.89
Other Operating Expenses	48.19	60.28	36.74	51.71	25.12	18.98
Operating Expenses	737.05	1,047	980.84	820.59	587.5	449.43
Operating Income	291.52	412.18	340.72	281.6	288.68	312.08
Interest Expense	-69.72	-84.91	-83.83	-63.54	-52.43	-44.8
Interest & Investment Income	194.4	287.62	307.8	280.76	283.44	238.94
Other Non Operating Income (Expenses)	-10.8	-7.56	-5.65	-2.1	-12.48	0.46
EBT Excluding Unusual Items	405.4	607.33	559.05	496.73	507.21	506.68
Gain (Loss) on Sale of Investments	63.77	34.25	40.72	63.43	40.49	-
Gain (Loss) on Sale of Assets	0.02	0.02	-0.03	5.76	-0.34	0.49
Other Unusual Items	0.62	0.62	13.24	18.27	10.97	15.8
Pretax Income	473.93	642.22	612.99	584.19	558.33	522.97
Income Tax Expense	93.13	40.54	25.21	18.97	20.33	67.34
Earnings From Continuing Operations	380.8	601.68	587.78	565.22	538	455.63
Minority Interest in Earnings	-7.91	-8.31	-10.68	-6.12	-3.15	-11.02
Net Income	372.89	593.37	577.1	559.1	534.85	444.61
Net Income to Common	372.89	593.37	577.1	559.1	534.85	444.61
Net Income Growth	-30.79%	2.82%	3.22%	4.54%	20.29%	8.89%
Shares Outstanding (Basic)	970	970	970	970	970	970
Shares Outstanding (Diluted)	970	970	970	970	970	970
Shares Change (YoY)	-0.03%	-0.01%	-0.01%	-0.00%	-0.00%	0.01%
EPS (Basic)	0.38	0.61	0.59	0.58	0.55	0.46
EPS (Diluted)	0.38	0.61	0.59	0.58	0.55	0.46
EPS Growth	-30.77%	2.82%	3.23%	4.54%	20.30%	8.89%
Free Cash Flow	-1,495	-444.81	-948.29	2,443	488.4	-1,281
Free Cash Flow Per Share	-1.54	-0.46	-0.98	2.52	0.50	-1.32
Dividend Per Share	0.180	0.267	0.215	0.210	0.195	0.160
Dividend Growth	-52.88%	24.19%	2.38%	7.69%	21.88%	14.29%
Gross Margin	7.05%	7.74%	7.46%	7.40%	7.69%	9.09%
Operating Margin	2.00%	2.19%	1.92%	1.89%	2.53%	3.73%
Profit Margin	2.56%	3.15%	3.26%	3.75%	4.69%	5.31%
Free Cash Flow Margin	-10.25%	-2.36%	-5.35%	16.41%	4.29%	-15.29%
EBITDA	468.42	551.41	429.71	353.55	332.1	341.49
EBITDA Margin	3.21%	2.92%	2.42%	2.38%	2.91%	4.08%
D&A For EBITDA	176.91	139.23	89	71.95	43.41	29.4
EBIT	291.52	412.18	340.72	281.6	288.68	312.08
EBIT Margin	2.00%	2.19%	1.92%	1.89%	2.53%	3.73%
Effective Tax Rate	19.65%	6.31%	4.11%	3.25%	3.64%	12.88%
Revenue as Reported	14,588	18,859	17,726	14,888	11,395	8,376

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.