Camel Group 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	16,309	15,500	14,012	13,362	12,319	9,597
Other Revenue	92.41	92.41	67.3	63.18	84.73	43.28
Revenue	16,401	15,592	14,079	13,425	12,403	9,640
Revenue Growth (YoY)	8.62%	10.75%	4.87%	8.24%	28.67%	6.83%
Cost of Revenue	14,007	13,248	11,985	11,535	10,316	7,784
Gross Profit	2,394	2,344	2,094	1,890	2,087	1,855
Selling, General & Admin	1,156	1,183	1,105	1,002	952.26	839.36
Research & Development	293.55	290.91	262.79	186.19	150.27	82.07
Other Operating Expenses	199.17	155.75	-10.39	26.23	58.25	102.35
Operating Expenses	1,665	1,656	1,354	1,259	1,177	1,031
Operating Income	729.62	687.75	739.49	631.08	910.54	823.93
Interest Expense	-54.15	-60.73	-63.92	-82.51	-81.43	-116.23
Interest & Investment Income	146.26	9.39	19.03	15.75	96.92	30.27
Currency Exchange Gain (Loss)	55.68	55.68	1.2	43.34	-43.63	-0.33
Other Non Operating Income (Expenses)	-50.18	-11.8	-12.93	-6.62	-18.45	-14.73
EBT Excluding Unusual Items	827.23	680.28	682.86	601.04	863.95	722.91
Impairment of Goodwill	-	-	-19.75	-	-	-
Gain (Loss) on Sale of Investments	10.92	-40.93	3.32	-153.34	0.99	87.18
Gain (Loss) on Sale of Assets	0.37	1.27	-23.63	-8.58	-0.2	-5.48
Asset Writedown	-5.01	-	0.44	-6.04	-0.3	-
Other Unusual Items	54.68	54.68	42.99	44	57.65	16.64
Pretax Income	888.18	695.31	686.23	477.08	922.1	821.26
Income Tax Expense	140.29	62.25	113.64	21.14	74.74	99.44
Earnings From Continuing Operations	747.89	633.06	572.59	455.93	847.36	721.82
Minority Interest in Earnings	-2.53	-19.09	-0.2	14.06	-15.57	4.32
Net Income	745.36	613.97	572.39	469.99	831.79	726.13
Net Income to Common	745.36	613.97	572.39	469.99	831.79	726.13
Net Income Growth	13.10%	7.27%	21.79%	-43.50%	14.55%	22.00%
Shares Outstanding (Basic)	1,186	1,181	1,168	1,175	1,139	1,117
Shares Outstanding (Diluted)	1,186	1,181	1,168	1,175	1,155	1,135
Shares Change (YoY)	2.73%	1.08%	-0.58%	1.71%	1.82%	-0.88%
EPS (Basic)	0.63	0.52	0.49	0.40	0.73	0.65
EPS (Diluted)	0.63	0.52	0.49	0.40	0.72	0.64
EPS Growth	10.09%	6.12%	22.50%	-44.44%	12.50%	23.08%
Free Cash Flow	625.34	335	400.29	-21.66	511.4	773.83
Free Cash Flow Per Share	0.53	0.28	0.34	-0.02	0.44	0.68
Dividend Per Share	0.290	0.290	0.270	0.200	0.220	0.200
Dividend Growth	7.41%	7.41%	35.00%	-9.09%	10.00%	23.84%
Gross Margin	14.60%	15.03%	14.87%	14.08%	16.83%	19.25%
Operating Margin	4.45%	4.41%	5.25%	4.70%	7.34%	8.55%
Profit Margin	4.54%	3.94%	4.07%	3.50%	6.71%	7.53%
Free Cash Flow Margin	3.81%	2.15%	2.84%	-0.16%	4.12%	8.03%
EBITDA	1,191	1,135	1,167	1,056	1,327	1,193
EBITDA Margin	7.26%	7.28%	8.29%	7.87%	10.70%	12.38%
D&A For EBITDA	461.27	446.8	427.51	425.01	416.08	369
EBIT	729.62	687.75	739.49	631.08	910.54	823.93
EBIT Margin	4.45%	4.41%	5.25%	4.70%	7.34%	8.55%
Effective Tax Rate	15.79%	8.95%	16.56%	4.43%	8.11%	12.11%
Revenue as Reported	16,401	15,592	14,079	13,425	12,403	9,640
Advertising Expenses	-	85.49	84.74	70.52	59.2	35.46

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