SHA:603014 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
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
Operating Revenue	3,626	3,535	3,454	3,294	2,778
Other Revenue	69.49	69.49	78.52	131.76	132.56
Revenue	3,695	3,604	3,532	3,426	2,911
Revenue Growth (YoY)	4.62%	2.04%	3.09%	17.71%	-
Cost of Revenue	2,188	2,088	1,990	1,959	1,553
Gross Profit	1,507	1,516	1,542	1,467	1,358
Selling, General & Admin	781.25	801.06	857.25	884.67	841.65
Research & Development	148.49	164.7	154.86	182.84	153.49
Other Operating Expenses	35.13	16.58	32.02	41.75	6.27
Operating Expenses	975.58	1,021	1,063	1,135	1,007
Operating Income	531.71	494.84	478.99	332.79	350.7
Interest Expense	-0.4	-0.6	-0.85	-18.33	-47.58
Interest & Investment Income	40.96	40.57	29.07	29.83	18.86
Currency Exchange Gain (Loss)	2.73	2.73	2.38	7.53	3.63
Other Non Operating Income (Expenses)	-2.04	-0.54	-0.59	-1.29	-1
EBT Excluding Unusual Items	572.96	536.99	509.01	350.53	324.6
Gain (Loss) on Sale of Investments	0.89	0.22	0.11	-	2.18
Gain (Loss) on Sale of Assets	0.02	0.2	0.09	-0.01	0.01
Asset Writedown	-3.29	-2.75	-3.65	-	-7.8
Other Unusual Items	11.02	11.02	18.25	15.32	0.31
Pretax Income	581.6	545.68	523.81	365.84	319.3
Income Tax Expense	107.21	96.31	81.74	50.88	59.48
Net Income	474.39	449.37	442.07	314.96	259.82
Net Income to Common	474.39	449.37	442.07	314.96	259.82
Net Income Growth	7.31%	1.65%	40.36%	21.22%	-
Shares Outstanding (Basic)	392	370	370	364	351
Shares Outstanding (Diluted)	392	370	370	364	351
Shares Change (YoY)	5.96%	-	1.76%	3.63%	-
EPS (Basic)	1.21	1.21	1.19	0.87	0.74
EPS (Diluted)	1.21	1.21	1.19	0.87	0.74
EPS Growth	1.32%	1.68%	37.47%	16.98%	-
Free Cash Flow	599.2	393	55.33	447.53	103.64
Free Cash Flow Per Share	1.53	1.06	0.15	1.23	0.29
Gross Margin	40.79%	42.06%	43.67%	42.83%	46.65%
Operating Margin	14.39%	13.73%	13.56%	9.71%	12.05%
Profit Margin	12.84%	12.47%	12.52%	9.19%	8.93%
Free Cash Flow Margin	16.21%	10.90%	1.57%	13.06%	3.56%
EBITDA	764.25	726.82	710.24	565.73	542.22
EBITDA Margin	20.68%	20.17%	20.11%	16.51%	18.63%
D&A For EBITDA	232.54	231.99	231.25	232.94	191.52
EBIT	531.71	494.84	478.99	332.79	350.7
EBIT Margin	14.39%	13.73%	13.56%	9.71%	12.05%
Effective Tax Rate	18.43%	17.65%	15.60%	13.91%	18.63%
Revenue as Reported	3,695	3,604	3,532	3,426	2,911
Advertising Expenses	-	24.44	36.04	46.06	33.07

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