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

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