SHA:603055 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	6,555	7,037	5,020	3,965	4,153	2,472
Other Revenue	83.53	83.53	73.55	43.74	103.49	28.69
Revenue	6,638	7,120	5,094	4,009	4,257	2,501
Revenue Growth (YoY)	-1.84%	39.78%	27.07%	-5.83%	70.19%	-7.04%
Cost of Revenue	5,403	5,624	4,056	3,214	3,222	2,000
Gross Profit	1,236	1,496	1,038	794.8	1,035	500.7
Selling, General & Admin	342.13	291.67	278.68	272.02	251.69	173.24
Research & Development	303.36	370.82	281.58	237.74	215.93	139.39
Other Operating Expenses	-61.35	29.43	22.81	29.9	22.76	21.58
Operating Expenses	584.7	704.77	585.07	542.59	490.35	335.65
Operating Income	650.82	790.98	452.75	252.22	544.45	165.05
Interest Expense	-154.19	-146.99	-86.85	-82.54	-66.16	-49.77
Interest & Investment Income	13.41	12.67	5.92	10.78	8.42	6.49
Currency Exchange Gain (Loss)	8.34	8.34	9.72	21.79	23	-1.27
Other Non Operating Income (Expenses)	-7	-4.19	-4.77	-4.65	-4.43	-4.68
EBT Excluding Unusual Items	511.37	660.82	376.76	197.6	505.27	115.82
Gain (Loss) on Sale of Investments	-	-8.09	-37.93	3.22	0.52	1.25
Gain (Loss) on Sale of Assets	14.1	-0.75	-1.23	0.86	-0.22	-1.48
Asset Writedown	-58.69	-1	-0.95	-0.83	-5.77	-11.25
Other Unusual Items	155.66	161.67	143.84	90.69	16.72	23.63
Pretax Income	622.44	812.66	480.49	291.55	516.53	127.98
Income Tax Expense	87.07	86.99	31.61	23.48	53.27	13.89
Earnings From Continuing Operations	535.37	725.67	448.88	268.07	463.26	114.09
Minority Interest in Earnings	-9.44	0.05	0.23	0.61	0.45	5.65
Net Income	525.93	725.72	449.11	268.68	463.71	119.74
Net Income to Common	525.93	725.72	449.11	268.68	463.71	119.74
Net Income Growth	-29.00%	61.59%	67.16%	-42.06%	287.26%	-38.88%
Shares Outstanding (Basic)	881	885	898	867	843	748
Shares Outstanding (Diluted)	892	896	898	867	859	748
Shares Change (YoY)	-1.76%	-0.25%	3.64%	0.93%	14.74%	-8.31%
EPS (Basic)	0.60	0.82	0.50	0.31	0.55	0.16
EPS (Diluted)	0.59	0.81	0.50	0.31	0.54	0.16
EPS Growth	-27.73%	62.00%	61.29%	-42.59%	237.50%	-33.33%
Free Cash Flow	66.07	36.02	-1,469	-527.91	-154.02	-476.17
Free Cash Flow Per Share	0.07	0.04	-1.64	-0.61	-0.18	-0.64
Dividend Per Share	0.250	0.250	0.160	0.100	0.170	0.050
Dividend Growth	56.25%	56.25%	60.00%	-41.18%	240.00%	-37.50%
Gross Margin	18.61%	21.01%	20.37%	19.83%	24.31%	20.02%
Operating Margin	9.80%	11.11%	8.89%	6.29%	12.79%	6.60%
Profit Margin	7.92%	10.19%	8.82%	6.70%	10.89%	4.79%
Free Cash Flow Margin	1.00%	0.51%	-28.83%	-13.17%	-3.62%	-19.04%
EBITDA	1,142	1,219	797.44	577.82	843.45	394.92
EBITDA Margin	17.20%	17.12%	15.65%	14.41%	19.81%	15.79%
D&A For EBITDA	490.87	428.22	344.7	325.6	299	229.87
EBIT	650.82	790.98	452.75	252.22	544.45	165.05
EBIT Margin	9.80%	11.11%	8.89%	6.29%	12.79%	6.60%
Effective Tax Rate	13.99%	10.70%	6.58%	8.05%	10.31%	10.85%
Revenue as Reported	6,638	7,120	5,094	4,009	-	2,501
Advertising Expenses	-	12.67	10.93	4.51	4.99	3.29

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