SHA:603002 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	2,642	2,117	2,222	3,008	4,431	2,490
Other Revenue	27.17	27.17	18.07	14.9	22.14	14.52
Revenue	2,669	2,144	2,240	3,022	4,453	2,504
Revenue Growth (YoY)	24.12%	-4.29%	-25.87%	-32.12%	77.81%	6.55%
Cost of Revenue	2,501	1,999	2,055	2,743	3,830	2,120
Gross Profit	168.58	145.08	184.94	279.6	623.2	383.71
Selling, General & Admin	96.84	76.04	71.72	74.83	98.32	81.37
Research & Development	49.84	45.39	45.39	57.29	76.88	48.58
Other Operating Expenses	-3.4	1.55	-0.89	10.13	13.61	3.92
Operating Expenses	143.69	124.26	116.17	141.97	189.22	133.68
Operating Income	24.89	20.82	68.77	137.63	433.97	250.04
Interest Expense	-7.61	-1.94	-5.56	-6.86	-14.75	-7.23
Interest & Investment Income	26.01	35.07	27.59	28.45	16.84	10.51
Currency Exchange Gain (Loss)	2.65	2.65	2.4	-0.3	1.04	2
Other Non Operating Income (Expenses)	-0.55	-0.76	-1.18	-1.66	-3.46	-2.04
EBT Excluding Unusual Items	45.39	55.85	92.03	157.26	433.64	253.27
Gain (Loss) on Sale of Investments	-	-	0.25	-	0.06	0.08
Gain (Loss) on Sale of Assets	-1.24	-0.41	-0.06	483.84	-0.28	2.39
Asset Writedown	-1.68	-	-	-	-	-
Other Unusual Items	2.07	2.78	3.19	9.05	2.63	1.86
Pretax Income	44.55	58.22	95.41	650.15	436.05	257.6
Income Tax Expense	6.14	7.62	8.77	93.36	61.49	33.54
Net Income	38.41	50.61	86.63	556.78	374.56	224.06
Net Income to Common	38.41	50.61	86.63	556.78	374.56	224.06
Net Income Growth	-37.40%	-41.59%	-84.44%	48.65%	67.17%	38.59%
Shares Outstanding (Basic)	1,267	1,265	963	898	914	896
Shares Outstanding (Diluted)	1,267	1,265	963	898	914	896
Shares Change (YoY)	33.26%	31.43%	7.19%	-1.70%	1.93%	-0.21%
EPS (Basic)	0.03	0.04	0.09	0.62	0.41	0.25
EPS (Diluted)	0.03	0.04	0.09	0.62	0.41	0.25
EPS Growth	-53.02%	-55.56%	-85.48%	51.22%	64.00%	38.89%
Free Cash Flow	-598.54	-513.2	32.28	-84.44	299.84	200.6
Free Cash Flow Per Share	-0.47	-0.41	0.03	-0.09	0.33	0.22
Dividend Per Share	0.020	0.020	0.050	0.200	0.290	0.247
Dividend Growth	-60.00%	-60.00%	-75.00%	-31.03%	17.17%	292.86%
Gross Margin	6.31%	6.77%	8.25%	9.25%	14.00%	15.32%
Operating Margin	0.93%	0.97%	3.07%	4.55%	9.75%	9.98%
Profit Margin	1.44%	2.36%	3.87%	18.42%	8.41%	8.95%
Free Cash Flow Margin	-22.42%	-23.93%	1.44%	-2.79%	6.73%	8.01%
EBITDA	76.6	73.84	123.56	191.43	487.83	287.77
EBITDA Margin	2.87%	3.44%	5.51%	6.33%	10.96%	11.49%
D&A For EBITDA	51.7	53.02	54.78	53.79	53.86	37.73
EBIT	24.89	20.82	68.77	137.63	433.97	250.04
EBIT Margin	0.93%	0.97%	3.07%	4.55%	9.75%	9.98%
Effective Tax Rate	13.79%	13.08%	9.20%	14.36%	14.10%	13.02%
Revenue as Reported	2,669	2,144	2,240	3,022	4,453	2,504

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