SHA:603016 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	567.22	572.12	574.61	562.74	513.48	416.35
Other Revenue	60.65	60.65	57.87	51.82	41.21	27.62
Revenue	627.86	632.77	632.47	614.56	554.7	443.97
Revenue Growth (YoY)	0.52%	0.05%	2.91%	10.79%	24.94%	0.30%
Cost of Revenue	457.77	451.01	451.81	436.16	387.95	277.53
Gross Profit	170.09	181.75	180.66	178.41	166.74	166.45
Selling, General & Admin	65.21	75.7	74.97	72.74	73.77	67.92
Research & Development	33.41	27.49	30.58	30.97	34.41	30.42
Other Operating Expenses	3.76	4.46	4.49	5.87	5.61	5.44
Operating Expenses	102.92	107.85	109.75	111.49	114.61	104.27
Operating Income	67.17	73.9	70.91	66.91	52.14	62.17
Interest Expense	-0.25	-0.25	-0.07	-0.2	-	-
Interest & Investment Income	8.41	8.33	7.62	6.63	7.78	10.56
Currency Exchange Gain (Loss)	2.03	2.03	2.41	5.23	-3.53	-1.59
Other Non Operating Income (Expenses)	-0.07	-0.15	-0.2	-0.19	-0.53	-0.17
EBT Excluding Unusual Items	77.29	83.86	80.68	78.37	55.86	70.98
Gain (Loss) on Sale of Investments	0.63	0.67	0.15	-0.99	-	-
Gain (Loss) on Sale of Assets	-0.08	-0.25	-0.35	-0.29	4.23	2.28
Asset Writedown	0.93	-	-	-	-	-
Other Unusual Items	-0.94	-0.26	2.87	3.86	2.56	2.12
Pretax Income	77.83	84.02	83.34	80.95	62.66	75.38
Income Tax Expense	8.17	10.52	8.96	7.94	5.54	9.13
Earnings From Continuing Operations	69.66	73.5	74.38	73.01	57.11	66.25
Minority Interest in Earnings	-3.39	-2.87	-5.66	-5.9	-4.13	-4.17
Net Income	66.26	70.63	68.72	67.1	52.98	62.08
Net Income to Common	66.26	70.63	68.72	67.1	52.98	62.08
Net Income Growth	-5.04%	2.78%	2.41%	26.65%	-14.65%	3.58%
Shares Outstanding (Basic)	147	147	149	149	147	148
Shares Outstanding (Diluted)	147	147	149	149	147	148
Shares Change (YoY)	-2.81%	-1.50%	0.18%	1.32%	-0.43%	-1.35%
EPS (Basic)	0.45	0.48	0.46	0.45	0.36	0.42
EPS (Diluted)	0.45	0.48	0.46	0.45	0.36	0.42
EPS Growth	-2.29%	4.35%	2.22%	25.00%	-14.29%	5.00%
Free Cash Flow	53.57	86.79	101.82	70.99	18.87	52.85
Free Cash Flow Per Share	0.36	0.59	0.68	0.48	0.13	0.36
Dividend Per Share	0.473	0.473	0.372	0.310	0.310	0.540
Dividend Growth	27.15%	27.15%	20.00%	-	-42.59%	-
Gross Margin	27.09%	28.72%	28.56%	29.03%	30.06%	37.49%
Operating Margin	10.70%	11.68%	11.21%	10.89%	9.40%	14.00%
Profit Margin	10.55%	11.16%	10.87%	10.92%	9.55%	13.98%
Free Cash Flow Margin	8.53%	13.71%	16.10%	11.55%	3.40%	11.90%
EBITDA	88.18	96.42	95.44	94.58	77.87	86.05
EBITDA Margin	14.04%	15.24%	15.09%	15.39%	14.04%	19.38%
D&A For EBITDA	21.01	22.52	24.53	27.67	25.73	23.87
EBIT	67.17	73.9	70.91	66.91	52.14	62.17
EBIT Margin	10.70%	11.68%	11.21%	10.89%	9.40%	14.00%
Effective Tax Rate	10.50%	12.52%	10.75%	9.81%	8.85%	12.11%
Revenue as Reported	627.86	632.77	632.47	614.56	554.7	443.97
Advertising Expenses	-	0.11	2.58	0.01	0.2	0

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.