SHA:601579 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	2015 - 2019
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	2015 - 2019
Operating Revenue	1,753	1,604	1,374	1,205	1,231	1,096	Upgrade
Other Revenue	27.88	27.88	37.53	22.37	19.29	12.37	Upgrade
Revenue	1,781	1,631	1,411	1,227	1,250	1,108	Upgrade
Revenue Growth (YoY)	15.84%	15.60%	15.01%	-1.85%	12.81%	-5.37%	Upgrade
Cost of Revenue	808.11	788.9	765.4	715.87	741.78	645.61	Upgrade
Gross Profit	973.24	842.55	645.9	511.2	508.43	462.61	Upgrade
Selling, General & Admin	568.25	467.79	346.92	265.67	249.26	218.33	Upgrade
Research & Development	61.15	69.56	30.98	16.46	12.18	13.37	Upgrade
Other Operating Expenses	68.76	65.23	49.74	49.54	45.16	46.05	Upgrade
Operating Expenses	693.68	603.53	428.57	338.14	312.19	279.88	Upgrade
Operating Income	279.57	239.02	217.34	173.06	196.24	182.74	Upgrade
Interest Expense	-	-0.12	-1.26	-3.42	-4.4	-11.47	Upgrade
Interest & Investment Income	8.71	20.13	15.16	12.64	7.61	5.15	Upgrade
Currency Exchange Gain (Loss)	0.05	0.05	0.11	1.25	-0.41	-0.55	Upgrade
Other Non Operating Income (Expenses)	-2.23	-0.13	-2.39	-1.23	-1.67	-2.89	Upgrade
EBT Excluding Unusual Items	286.09	258.95	228.95	182.29	197.37	172.98	Upgrade
Impairment of Goodwill	-7.71	-7.71	-7.38	-7.65	-5.71	-	Upgrade
Gain (Loss) on Sale of Investments	0.62	-	-0.85	-0.02	-	-	Upgrade
Gain (Loss) on Sale of Assets	-3.11	-3.33	0.25	14.52	206.98	208.62	Upgrade
Asset Writedown	-0.23	-	-	-	-	-2.68	Upgrade
Other Unusual Items	14.35	11.98	5.35	8.8	-7.71	13.78	Upgrade
Pretax Income	290	259.89	226.33	197.94	390.94	392.7	Upgrade
Income Tax Expense	88.59	62.44	58.52	56.87	102.73	102.45	Upgrade
Earnings From Continuing Operations	201.41	197.46	167.81	141.07	288.21	290.25	Upgrade
Minority Interest in Earnings	-1.59	-1.27	-1.18	3.68	-4.47	-1.29	Upgrade
Net Income	199.82	196.19	166.63	144.75	283.73	288.96	Upgrade
Net Income to Common	199.82	196.19	166.63	144.75	283.73	288.96	Upgrade
Net Income Growth	13.62%	17.74%	15.11%	-48.98%	-1.81%	73.60%	Upgrade
Shares Outstanding (Basic)	475	479	476	483	481	482	Upgrade
Shares Outstanding (Diluted)	475	479	476	483	481	482	Upgrade
Shares Change (YoY)	-0.06%	0.51%	-1.33%	0.33%	-0.14%	-1.63%	Upgrade
EPS (Basic)	0.42	0.41	0.35	0.30	0.59	0.60	Upgrade
EPS (Diluted)	0.42	0.41	0.35	0.30	0.59	0.60	Upgrade
EPS Growth	13.68%	17.14%	16.67%	-49.15%	-1.67%	76.47%	Upgrade
Free Cash Flow	300.83	264.08	299.96	153.53	107.86	-35.18	Upgrade
Free Cash Flow Per Share	0.63	0.55	0.63	0.32	0.22	-0.07	Upgrade
Dividend Per Share	0.400	0.400	0.210	0.300	0.180	0.050	Upgrade
Dividend Growth	90.48%	90.48%	-30.00%	66.67%	260.00%	-	Upgrade
Gross Margin	54.63%	51.64%	45.77%	41.66%	40.67%	41.74%	Upgrade
Operating Margin	15.69%	14.65%	15.40%	14.10%	15.70%	16.49%	Upgrade
Profit Margin	11.22%	12.03%	11.81%	11.80%	22.70%	26.07%	Upgrade
Free Cash Flow Margin	16.89%	16.19%	21.25%	12.51%	8.63%	-3.17%	Upgrade
EBITDA	414.62	376	356.87	310.51	329.92	310.26	Upgrade
EBITDA Margin	23.28%	23.05%	25.29%	25.30%	26.39%	28.00%	Upgrade
D&A For EBITDA	135.05	136.97	139.54	137.45	133.68	127.53	Upgrade
EBIT	279.57	239.02	217.34	173.06	196.24	182.74	Upgrade
EBIT Margin	15.69%	14.65%	15.40%	14.10%	15.70%	16.49%	Upgrade
Effective Tax Rate	30.55%	24.02%	25.86%	28.73%	26.28%	26.09%	Upgrade
Revenue as Reported	1,781	1,631	1,411	1,227	1,250	1,108	Upgrade
Advertising Expenses	-	162.04	80.79	59.99	54.7	43.95	Upgrade

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