SHA:601177 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	2,360	2,271	1,826	2,093	2,094	1,890
Other Revenue	29.58	29.58	56.59	103.52	46.4	28.31
Revenue	2,389	2,301	1,883	2,196	2,140	1,918
Revenue Growth (YoY)	14.24%	22.22%	-14.28%	2.62%	11.55%	16.07%
Cost of Revenue	1,967	1,903	1,475	1,735	1,722	1,559
Gross Profit	421.96	398.12	407.53	460.61	418.03	359.7
Selling, General & Admin	200.49	198.55	210.79	238.49	238.84	206.17
Research & Development	138.58	122.34	122.95	132.17	106.57	95.84
Other Operating Expenses	11.5	14.62	11.18	-15.44	13.81	14.63
Operating Expenses	359.78	343.21	345.63	357.47	356.95	306.93
Operating Income	62.18	54.91	61.9	103.14	61.08	52.77
Interest Expense	-28.78	-33.76	-34.97	-38.53	-40.49	-47.86
Interest & Investment Income	199.71	194.32	175.45	157.84	158.44	91.84
Currency Exchange Gain (Loss)	0.29	0.29	0.49	0.88	-0.9	-2.12
Other Non Operating Income (Expenses)	-2.59	-0.62	-0.55	-2.15	-1.46	-0.63
EBT Excluding Unusual Items	230.82	215.13	202.32	221.19	176.68	94.01
Gain (Loss) on Sale of Investments	-0.12	0.02	1.27	-	-	-
Gain (Loss) on Sale of Assets	3.59	2.96	0.61	0.11	0.69	25.61
Asset Writedown	1.51	-	-0.44	-	-1.11	-1.16
Legal Settlements	-	-	-	-2	-	-
Other Unusual Items	28.87	28.87	17.11	0.08	25.47	35.63
Pretax Income	264.66	246.98	220.87	219.38	201.74	154.08
Income Tax Expense	-3.19	-1.71	3.31	1.31	7.13	36.4
Earnings From Continuing Operations	267.85	248.69	217.55	218.07	194.61	117.68
Minority Interest in Earnings	-8.89	-7.88	-6.09	-8.68	-44.65	-33.77
Net Income	258.96	240.82	211.46	209.39	149.96	83.91
Net Income to Common	258.96	240.82	211.46	209.39	149.96	83.91
Net Income Growth	13.65%	13.88%	0.99%	39.63%	78.70%	325.25%
Shares Outstanding (Basic)	401	400	400	400	400	400
Shares Outstanding (Diluted)	404	401	400	400	400	400
Shares Change (YoY)	0.98%	0.15%	-0.00%	-0.01%	0.03%	-0.07%
EPS (Basic)	0.65	0.60	0.53	0.52	0.37	0.21
EPS (Diluted)	0.64	0.60	0.53	0.52	0.37	0.21
EPS Growth	12.54%	13.71%	0.99%	39.65%	78.65%	325.56%
Free Cash Flow	105.58	27.84	11.07	-74.96	141.97	379.31
Free Cash Flow Per Share	0.26	0.07	0.03	-0.19	0.35	0.95
Dividend Per Share	0.060	0.060	0.050	0.071	0.022	0.020
Dividend Growth	20.00%	20.00%	-29.58%	222.73%	10.00%	-
Gross Margin	17.66%	17.30%	21.65%	20.97%	19.53%	18.75%
Operating Margin	2.60%	2.39%	3.29%	4.70%	2.85%	2.75%
Profit Margin	10.84%	10.47%	11.23%	9.54%	7.01%	4.37%
Free Cash Flow Margin	4.42%	1.21%	0.59%	-3.41%	6.63%	19.77%
EBITDA	149.12	143.07	151.71	191.83	148.56	140.01
EBITDA Margin	6.24%	6.22%	8.06%	8.73%	6.94%	7.30%
D&A For EBITDA	86.94	88.17	89.81	88.69	87.48	87.24
EBIT	62.18	54.91	61.9	103.14	61.08	52.77
EBIT Margin	2.60%	2.39%	3.29%	4.70%	2.85%	2.75%
Effective Tax Rate	-	-	1.50%	0.60%	3.53%	23.63%
Revenue as Reported	2,389	2,301	1,883	2,196	2,140	1,918
Advertising Expenses	-	2.18	2.13	1.19	1.87	1.5

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