SHA:601065 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	2,295	2,611	2,800	2,863	1,995	1,260
Other Revenue	71.08	71.08	87.09	72.68	60.55	35.66
Revenue	2,367	2,682	2,888	2,936	2,055	1,295
Revenue Growth (YoY)	-11.98%	-7.10%	-1.65%	42.86%	58.68%	-6.25%
Cost of Revenue	1,592	1,701	1,822	1,953	1,438	951.07
Gross Profit	774.95	981.14	1,066	983.5	617.18	344.13
Selling, General & Admin	306.35	317.04	315.44	294.19	259.02	205.19
Research & Development	92.9	104.58	108.77	94.47	63.82	38.64
Other Operating Expenses	58.94	47.2	60.44	61.84	38.05	23.44
Operating Expenses	456.92	467.71	485.45	451.09	367.67	268.58
Operating Income	318.03	513.43	580.37	532.41	249.51	75.55
Interest Expense	-4.34	-5.2	-16.98	-40.13	-45.08	-28.78
Interest & Investment Income	9.85	11.09	9.29	1.76	1.78	3.46
Currency Exchange Gain (Loss)	2.93	2.93	0.51	2.96	-0.41	-0.28
Other Non Operating Income (Expenses)	1.65	-0.57	-0.28	1.3	-1.62	-0.83
EBT Excluding Unusual Items	328.12	521.69	572.91	498.29	204.17	49.12
Gain (Loss) on Sale of Investments	-0.08	-0.08	-0.01	-1.08	-0.32	-
Gain (Loss) on Sale of Assets	18.5	18.19	7.43	2.45	4.31	112.17
Asset Writedown	-7.64	-5.71	-7.33	-9.24	-5.66	-0.67
Other Unusual Items	19.23	19.23	17.39	10.37	9.45	14.73
Pretax Income	358.44	553.62	590.4	500.8	211.96	175.34
Income Tax Expense	47.82	74.74	76.52	62.51	22.86	29.51
Earnings From Continuing Operations	310.62	478.88	513.88	438.29	189.1	145.82
Net Income to Company	310.62	478.88	513.88	438.29	189.1	145.82
Minority Interest in Earnings	-10.81	-17.9	-18.83	-16.86	-7.17	-3.85
Net Income	299.81	460.97	495.05	421.43	181.92	141.98
Net Income to Common	299.81	460.97	495.05	421.43	181.92	141.98
Net Income Growth	-39.65%	-6.88%	17.47%	131.65%	28.14%	253.68%
Shares Outstanding (Basic)	652	640	589	484	479	458
Shares Outstanding (Diluted)	652	640	589	484	479	458
Shares Change (YoY)	2.18%	8.64%	21.66%	1.18%	4.53%	2.68%
EPS (Basic)	0.46	0.72	0.84	0.87	0.38	0.31
EPS (Diluted)	0.46	0.72	0.84	0.87	0.38	0.31
EPS Growth	-40.94%	-14.29%	-3.45%	128.95%	22.58%	244.44%
Free Cash Flow	168.26	72.52	441.81	468.87	82.79	-325.91
Free Cash Flow Per Share	0.26	0.11	0.75	0.97	0.17	-0.71
Dividend Per Share	0.220	0.220	0.350	0.078	-	-
Dividend Growth	-37.14%	-37.14%	348.72%	-	-	-
Gross Margin	32.75%	36.58%	36.91%	33.50%	30.03%	26.57%
Operating Margin	13.44%	19.14%	20.10%	18.13%	12.14%	5.83%
Profit Margin	12.67%	17.18%	17.14%	14.35%	8.85%	10.96%
Free Cash Flow Margin	7.11%	2.70%	15.30%	15.97%	4.03%	-25.16%
EBITDA	594.8	782.82	839.92	797.43	477.61	265.04
EBITDA Margin	25.13%	29.18%	29.09%	27.16%	23.24%	20.46%
D&A For EBITDA	276.77	269.39	259.55	265.02	228.1	189.49
EBIT	318.03	513.43	580.37	532.41	249.51	75.55
EBIT Margin	13.44%	19.14%	20.10%	18.13%	12.14%	5.83%
Effective Tax Rate	13.34%	13.50%	12.96%	12.48%	10.79%	16.83%
Revenue as Reported	2,367	2,682	2,888	2,936	2,055	-
Advertising Expenses	-	9.87	6.36	7.39	2.96	5.49

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