SHA:603004 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	744.83	689.85	736.37	826.42	691.64	639.04
Other Revenue	10.33	10.33	5.18	4.34	9.53	4.56
Revenue	755.17	700.19	741.55	830.76	701.17	643.6
Revenue Growth (YoY)	7.71%	-5.58%	-10.74%	18.48%	8.95%	2.09%
Cost of Revenue	480.97	439.57	444.52	577.57	485.24	401.46
Gross Profit	274.2	260.62	297.03	253.19	215.93	242.14
Selling, General & Admin	61.32	57.13	57.81	53.95	60.27	59.29
Research & Development	26.28	32.34	32.39	34.11	27.69	20.35
Other Operating Expenses	10.98	5.6	7.21	6.3	5.89	3.47
Operating Expenses	98.69	95.08	96.38	96.11	94.35	84.25
Operating Income	175.51	165.53	200.64	157.08	121.58	157.88
Interest Expense	-1	-0.83	-2.07	-6.08	-5.58	-5.08
Interest & Investment Income	20.66	21.73	4.54	3.23	2.57	1.22
Currency Exchange Gain (Loss)	3.46	3.46	10.78	17.55	-11.17	-5.03
Other Non Operating Income (Expenses)	8.63	0.25	0.46	-0.94	-1.34	3.75
EBT Excluding Unusual Items	207.27	190.15	214.35	170.83	106.05	152.74
Gain (Loss) on Sale of Investments	2.71	1.21	-4.13	-0.22	-	-
Gain (Loss) on Sale of Assets	0.34	0.01	0.01	-3.35	2.21	0.32
Asset Writedown	0.18	-1.51	-2.11	-	-1.72	-47.42
Other Unusual Items	5.87	6.02	2.25	5.57	4.88	3.61
Pretax Income	216.36	195.88	210.37	172.82	111.42	109.24
Income Tax Expense	36.33	31.09	36.53	19.63	21.14	28.69
Earnings From Continuing Operations	180.03	164.79	173.84	153.19	90.27	80.55
Minority Interest in Earnings	-2.14	-1.36	0.23	-2.53	4.73	2.66
Net Income	177.89	163.43	174.07	150.66	95.01	83.21
Net Income to Common	177.89	163.43	174.07	150.66	95.01	83.21
Net Income Growth	10.53%	-6.11%	15.54%	58.58%	14.17%	-10.85%
Shares Outstanding (Basic)	237	237	176	177	177	177
Shares Outstanding (Diluted)	237	237	176	177	177	177
Shares Change (YoY)	7.77%	34.71%	-0.80%	0.34%	-	-
EPS (Basic)	0.75	0.69	0.99	0.85	0.54	0.47
EPS (Diluted)	0.75	0.69	0.99	0.85	0.54	0.47
EPS Growth	2.56%	-30.30%	16.47%	58.04%	14.44%	-
Free Cash Flow	137.19	91.16	81.09	91.16	22.05	20.55
Free Cash Flow Per Share	0.58	0.39	0.46	0.51	0.13	0.12
Dividend Per Share	0.210	0.210	0.222	-	-	-
Dividend Growth	-5.41%	-5.41%	-	-	-	-
Gross Margin	36.31%	37.22%	40.05%	30.48%	30.80%	37.62%
Operating Margin	23.24%	23.64%	27.06%	18.91%	17.34%	24.53%
Profit Margin	23.56%	23.34%	23.47%	18.14%	13.55%	12.93%
Free Cash Flow Margin	18.17%	13.02%	10.94%	10.97%	3.15%	3.19%
EBITDA	215.07	203.18	235.75	190.08	145.46	183.36
EBITDA Margin	28.48%	29.02%	31.79%	22.88%	20.75%	28.49%
D&A For EBITDA	39.56	37.65	35.11	33	23.88	25.47
EBIT	175.51	165.53	200.64	157.08	121.58	157.88
EBIT Margin	23.24%	23.64%	27.06%	18.91%	17.34%	24.53%
Effective Tax Rate	16.79%	15.87%	17.36%	11.36%	18.98%	26.26%
Revenue as Reported	755.17	700.19	741.55	830.76	701.17	643.6

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