SHA:600731 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	2,240	2,468	2,371	3,127	2,749	2,167
Other Revenue	2.5	2.5	3.82	3.06	-	16.49
Revenue	2,243	2,471	2,374	3,130	2,749	2,183
Revenue Growth (YoY)	-5.38%	4.06%	-24.14%	13.88%	25.91%	1.45%
Cost of Revenue	1,594	1,830	1,844	2,344	2,123	1,526
Gross Profit	649.14	640.47	530.14	786.48	625.67	656.93
Selling, General & Admin	210.59	196.21	184.96	196.44	164.88	172.44
Research & Development	153.25	142.56	121.8	145.94	104.49	83.45
Other Operating Expenses	28.3	13.43	15.04	14.37	5.44	-0.5
Operating Expenses	388.81	352.45	320.18	364.66	300.46	286.04
Operating Income	260.33	288.02	209.96	421.82	325.2	370.88
Interest Expense	-14.05	-10.92	-11.96	-16.42	-15.7	-20.02
Interest & Investment Income	25.55	27.93	17.85	10.14	22.96	12.85
Currency Exchange Gain (Loss)	6.88	6.88	1.74	9.42	-3.27	-7.05
Other Non Operating Income (Expenses)	-7.78	-2.42	-4.21	2.49	3.23	-3.27
EBT Excluding Unusual Items	270.93	309.5	213.38	427.45	332.43	353.4
Gain (Loss) on Sale of Investments	0.63	0.57	0.04	-0.7	0.43	0.55
Gain (Loss) on Sale of Assets	47.69	0.04	65.59	-7.17	-0.06	-4.93
Asset Writedown	-4.38	0.44	0	-0.01	-0.16	-3.2
Other Unusual Items	27.16	16.67	25.55	8.38	-	18.95
Pretax Income	342.03	327.21	304.56	427.94	332.63	364.77
Income Tax Expense	45.8	38.68	20.63	53.48	41.18	55.55
Earnings From Continuing Operations	296.23	288.53	283.93	374.46	291.45	309.22
Earnings From Discontinued Operations	-	-	-	-	-4.54	-
Net Income to Company	296.23	288.53	283.93	374.46	286.91	309.22
Minority Interest in Earnings	-33.31	-23.13	-10.15	-22.19	-20.23	-12.82
Net Income	262.92	265.4	273.78	352.27	266.68	296.4
Net Income to Common	262.92	265.4	273.78	352.27	266.68	296.4
Net Income Growth	14.30%	-3.06%	-22.28%	32.09%	-10.03%	193.22%
Shares Outstanding (Basic)	558	559	551	462	462	355
Shares Outstanding (Diluted)	558	559	551	462	462	355
Shares Change (YoY)	-0.09%	1.47%	19.23%	0.01%	30.00%	-23.08%
EPS (Basic)	0.47	0.47	0.50	0.76	0.58	0.83
EPS (Diluted)	0.47	0.47	0.50	0.76	0.58	0.83
EPS Growth	14.40%	-4.46%	-34.82%	32.09%	-30.79%	281.18%
Free Cash Flow	101.19	154.3	26.61	-72.01	-69.31	173.91
Free Cash Flow Per Share	0.18	0.28	0.05	-0.16	-0.15	0.49
Dividend Per Share	0.200	0.200	0.200	-	-	0.031
Gross Margin	28.95%	25.92%	22.33%	25.13%	22.76%	30.09%
Operating Margin	11.61%	11.66%	8.84%	13.48%	11.83%	16.99%
Profit Margin	11.72%	10.74%	11.53%	11.25%	9.70%	13.58%
Free Cash Flow Margin	4.51%	6.25%	1.12%	-2.30%	-2.52%	7.97%
EBITDA	392.06	402.75	302.01	504.86	386.24	423.07
EBITDA Margin	17.48%	16.30%	12.72%	16.13%	14.05%	19.38%
D&A For EBITDA	131.73	114.73	92.06	83.04	61.04	52.19
EBIT	260.33	288.02	209.96	421.82	325.2	370.88
EBIT Margin	11.61%	11.66%	8.84%	13.48%	11.83%	16.99%
Effective Tax Rate	13.39%	11.82%	6.78%	12.50%	12.38%	15.23%
Revenue as Reported	2,243	2,471	2,374	3,130	2,748	2,183
Advertising Expenses	-	2.06	2.77	1.06	1.82	1.45

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