SHA:603043 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	5,382	5,081	4,858	4,074	3,847
Other Revenue	-	43.01	42.77	38.81	43.19
Revenue	5,382	5,124	4,901	4,112	3,890
Revenue Growth (YoY)	5.04%	4.55%	19.17%	5.72%	18.32%
Cost of Revenue	3,681	3,559	3,210	2,699	2,451
Gross Profit	1,701	1,564	1,691	1,413	1,439
Selling, General & Admin	1,002	907.18	916.41	769.26	709.46
Research & Development	78.03	81.81	87.01	83.8	77.45
Other Operating Expenses	9.14	27.9	21.5	30.29	34.79
Operating Expenses	1,089	1,013	1,039	884.63	823.34
Operating Income	611.59	551.64	652.18	528.23	615.55
Interest Expense	-	-37.33	-46.38	-24.48	-20.21
Interest & Investment Income	16.66	78.7	76.8	78.6	62.71
Currency Exchange Gain (Loss)	-	0.44	0.29	0.85	-0.18
Other Non Operating Income (Expenses)	20.89	-5.34	-3.97	-5.64	-3.42
EBT Excluding Unusual Items	649.14	588.11	678.93	577.57	654.46
Impairment of Goodwill	-	-	-	-	-18.52
Gain (Loss) on Sale of Investments	11.85	2.64	6.27	38.53	19.19
Gain (Loss) on Sale of Assets	1.18	3.07	0.16	-3.88	-0.52
Other Unusual Items	-	45.16	32.08	31.83	28.2
Pretax Income	662.18	638.97	717.43	644.06	682.82
Income Tax Expense	146.39	119.96	134.23	107.82	117.93
Earnings From Continuing Operations	515.79	519.01	583.2	536.24	564.89
Minority Interest in Earnings	-27.81	-25.16	-32.72	-13	-7.25
Net Income	487.98	493.86	550.48	523.24	557.63
Net Income to Common	487.98	493.86	550.48	523.24	557.63
Net Income Growth	-1.19%	-10.29%	5.21%	-6.17%	20.28%
Shares Outstanding (Basic)	569	569	569	567	566
Shares Outstanding (Diluted)	569	569	569	567	566
Shares Change (YoY)	-0.00%	0.00%	0.32%	0.24%	-0.01%
EPS (Basic)	0.86	0.87	0.97	0.92	0.99
EPS (Diluted)	0.86	0.87	0.97	0.92	0.99
EPS Growth	-1.19%	-10.29%	4.88%	-6.39%	20.29%
Free Cash Flow	454.76	526.12	679.76	18.63	417.12
Free Cash Flow Per Share	0.80	0.93	1.20	0.03	0.74
Dividend Per Share	-	0.480	0.480	0.400	0.400
Dividend Growth	-	-	20.00%	-	40.01%
Gross Margin	31.60%	30.53%	34.50%	34.36%	36.99%
Operating Margin	11.36%	10.77%	13.31%	12.85%	15.82%
Profit Margin	9.07%	9.64%	11.23%	12.72%	14.34%
Free Cash Flow Margin	8.45%	10.27%	13.87%	0.45%	10.72%
EBITDA	761.06	686.94	775.77	628.01	696.54
EBITDA Margin	14.14%	13.41%	15.83%	15.27%	17.91%
D&A For EBITDA	149.47	135.3	123.59	99.77	80.99
EBIT	611.59	551.64	652.18	528.23	615.55
EBIT Margin	11.36%	10.77%	13.31%	12.85%	15.82%
Effective Tax Rate	22.11%	18.77%	18.71%	16.74%	17.27%
Revenue as Reported	-	5,124	4,901	4,112	3,890

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