SHA:603075 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,177	2,106	1,908	1,660	1,673	1,793
Other Revenue	20.31	20.31	16.09	15.72	13.77	9.23
Revenue	2,198	2,126	1,924	1,676	1,687	1,802
Revenue Growth (YoY)	12.13%	10.49%	14.80%	-0.65%	-6.41%	23.83%
Cost of Revenue	1,543	1,484	1,331	1,173	1,202	1,306
Gross Profit	654.52	642.05	592.69	503.5	485.26	496.04
Selling, General & Admin	168.22	167.61	154.44	128.67	126.41	117.76
Research & Development	107.34	109.03	101.71	93.51	97.6	99.85
Other Operating Expenses	9.38	10.94	10.37	10.15	6.5	10.58
Operating Expenses	293.56	296.2	276.62	236.61	228.33	232.44
Operating Income	360.96	345.85	316.07	266.89	256.93	263.59
Interest Expense	-6.33	-6.33	-7.17	-12.8	-20.44	-14.83
Interest & Investment Income	11.91	13.48	20.11	3.27	3.09	10.52
Currency Exchange Gain (Loss)	10.53	10.53	6.04	11.84	24.22	-9.27
Other Non Operating Income (Expenses)	-13.21	-1.21	-1.14	-0.87	-1.14	-1.14
EBT Excluding Unusual Items	363.88	362.33	333.91	268.34	262.65	248.86
Gain (Loss) on Sale of Investments	3.14	0.85	0.45	0.11	1.39	15.03
Gain (Loss) on Sale of Assets	0.18	-0.03	-0.26	-0.04	0.02	-0.64
Asset Writedown	-2.7	-1.98	-1.33	-0.56	0.08	-0.76
Other Unusual Items	3.93	3.93	6.59	11.28	0.56	4.58
Pretax Income	368.43	365.09	339.36	279.14	264.71	267.07
Income Tax Expense	43.62	43.02	40.89	30.34	23.71	26.33
Earnings From Continuing Operations	324.81	322.07	298.46	248.8	240.99	240.74
Minority Interest in Earnings	0.99	1.05	1.28	1.2	0.54	-9.13
Net Income	325.81	323.12	299.74	250	241.53	231.61
Net Income to Common	325.81	323.12	299.74	250	241.53	231.61
Net Income Growth	4.61%	7.80%	19.89%	3.50%	4.29%	102.71%
Shares Outstanding (Basic)	397	399	400	368	360	362
Shares Outstanding (Diluted)	397	399	400	368	360	362
Shares Change (YoY)	-0.47%	-0.18%	8.71%	1.98%	-0.38%	1.35%
EPS (Basic)	0.82	0.81	0.75	0.68	0.67	0.64
EPS (Diluted)	0.82	0.81	0.75	0.68	0.67	0.64
EPS Growth	5.10%	8.00%	10.29%	1.49%	4.69%	100.00%
Free Cash Flow	280.54	235.55	131.9	257.13	0.35	-124.67
Free Cash Flow Per Share	0.71	0.59	0.33	0.70	0.00	-0.34
Dividend Per Share	0.700	0.700	0.700	0.500	-	-
Dividend Growth	-	-	40.00%	-	-	-
Gross Margin	29.78%	30.20%	30.80%	30.04%	28.77%	27.52%
Operating Margin	16.43%	16.27%	16.43%	15.92%	15.23%	14.62%
Profit Margin	14.82%	15.20%	15.58%	14.92%	14.32%	12.85%
Free Cash Flow Margin	12.77%	11.08%	6.86%	15.34%	0.02%	-6.92%
EBITDA	483.94	466.72	428.47	366.15	344.69	323.21
EBITDA Margin	22.02%	21.95%	22.27%	21.85%	20.43%	17.93%
D&A For EBITDA	122.98	120.86	112.41	99.26	87.76	59.61
EBIT	360.96	345.85	316.07	266.89	256.93	263.59
EBIT Margin	16.43%	16.27%	16.43%	15.92%	15.23%	14.62%
Effective Tax Rate	11.84%	11.78%	12.05%	10.87%	8.96%	9.86%
Revenue as Reported	2,126	2,126	1,924	1,676	1,687	-
Advertising Expenses	-	0.21	-	-	-	-

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