SHA:600356 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	2,856	2,735	2,629	2,443	953.29	1,836
Other Revenue	38.52	38.52	19.46	12.52	-	8.26
Revenue	2,894	2,774	2,648	2,456	953.29	1,844
Revenue Growth (YoY)	5.73%	4.74%	7.82%	157.63%	-48.31%	5.02%
Cost of Revenue	2,402	2,323	2,236	2,059	698.3	1,385
Gross Profit	491.79	450.24	411.83	396.76	254.99	459.31
Selling, General & Admin	166.17	158.98	156.49	149.75	-	143.29
Research & Development	93.42	85.06	81.69	74.82	-	88.17
Other Operating Expenses	21.07	2.61	15.26	11.11	-	18.67
Operating Expenses	274.6	255.72	250.92	245.7	-	254.43
Operating Income	217.19	194.52	160.91	151.06	254.99	204.88
Interest Expense	-5.96	-9.84	-13.96	-15.39	-	-17.8
Interest & Investment Income	1.07	0.99	2.08	1.9	-	2.16
Currency Exchange Gain (Loss)	0.33	0.33	8.14	19.05	-	-4.93
Other Non Operating Income (Expenses)	-0.02	-1.16	-3.67	-3.91	3.36	-0.77
EBT Excluding Unusual Items	212.6	184.84	153.5	152.72	258.35	183.55
Gain (Loss) on Sale of Assets	-	-	0.08	-0.09	-	-6.78
Asset Writedown	-17.01	-6.93	-0.38	-	-	-3.54
Other Unusual Items	13.74	-5.69	17.77	-	-	5.77
Pretax Income	209.33	172.22	170.98	152.62	258.35	179
Income Tax Expense	42.91	40.07	21.76	17.15	27.19	40.19
Earnings From Continuing Operations	166.42	132.15	149.22	135.47	231.16	138.82
Minority Interest in Earnings	-12.35	-16.33	-13.07	-6.55	-	-7.07
Net Income	154.07	115.82	136.16	128.92	231.16	131.74
Net Income to Common	154.07	115.82	136.16	128.92	231.16	131.74
Net Income Growth	-2.40%	-14.94%	5.61%	-44.23%	75.47%	33.08%
Shares Outstanding (Basic)	296	297	296	300	406	299
Shares Outstanding (Diluted)	296	297	296	300	406	299
Shares Change (YoY)	-2.93%	0.33%	-1.27%	-26.07%	35.45%	-0.19%
EPS (Basic)	0.52	0.39	0.46	0.43	0.57	0.44
EPS (Diluted)	0.52	0.39	0.46	0.43	0.57	0.44
EPS Growth	0.55%	-15.22%	6.98%	-24.56%	29.54%	33.33%
Free Cash Flow	-77.56	-68.21	92.79	204.11	48.48	123.98
Free Cash Flow Per Share	-0.26	-0.23	0.31	0.68	0.12	0.41
Dividend Per Share	0.120	0.120	0.137	0.130	0.102	0.133
Dividend Growth	-12.28%	-12.28%	5.39%	27.26%	-23.31%	47.78%
Gross Margin	16.99%	16.23%	15.55%	16.16%	26.75%	24.91%
Operating Margin	7.50%	7.01%	6.08%	6.15%	26.75%	11.11%
Profit Margin	5.32%	4.18%	5.14%	5.25%	24.25%	7.14%
Free Cash Flow Margin	-2.68%	-2.46%	3.50%	8.31%	5.09%	6.72%
EBITDA	353.2	329.06	293.5	315.19	442.08	394.87
EBITDA Margin	12.20%	11.87%	11.08%	12.83%	46.37%	21.41%
D&A For EBITDA	136.01	134.54	132.59	164.13	187.09	189.98
EBIT	217.19	194.52	160.91	151.06	254.99	204.88
EBIT Margin	7.50%	7.01%	6.08%	6.15%	26.75%	11.11%
Effective Tax Rate	20.50%	23.27%	12.72%	11.24%	10.52%	22.45%
Revenue as Reported	2,894	2,774	2,648	2,456	-	1,844

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