SHA:603088 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	769.6	802.35	692.77	634.24	516.04	410.57
Other Revenue	15.19	15.19	15.82	16.2	17.78	14.68
Revenue	784.79	817.54	708.59	650.45	533.82	425.25
Revenue Growth (YoY)	0.14%	15.38%	8.94%	21.85%	25.53%	12.63%
Cost of Revenue	496.01	486.47	417.04	396.38	342.92	261.61
Gross Profit	288.78	331.06	291.54	254.07	190.9	163.64
Selling, General & Admin	114.3	108.05	97.14	90.91	67.45	56.95
Research & Development	38.45	35.5	33.91	26.37	19.78	20.8
Other Operating Expenses	4.13	2.59	0.05	-4.87	7.7	7.2
Operating Expenses	156.17	154.79	142.72	116.9	100.34	87.63
Operating Income	132.61	176.27	148.83	137.17	90.57	76.02
Interest Expense	-0.15	-0.06	-0.68	-2.49	-1.57	-
Interest & Investment Income	8.68	13.18	17.23	4.91	2.52	4.05
Currency Exchange Gain (Loss)	0.27	0.27	10.33	15.68	-6.71	-9.09
Other Non Operating Income (Expenses)	3.12	-1.12	-0.41	0.67	-0.46	0.04
EBT Excluding Unusual Items	144.53	188.53	175.29	155.95	84.36	71.02
Gain (Loss) on Sale of Investments	1.35	0.28	0.64	3.62	-	-
Gain (Loss) on Sale of Assets	-0.01	-0.01	0.02	-0.77	-1.5	-0.14
Asset Writedown	-3.81	-1.47	-0.02	-0.15	0	-
Legal Settlements	-	-	-0.34	-	2.35	-2.35
Other Unusual Items	5.54	5.62	9.01	7.9	12.92	11.16
Pretax Income	147.61	192.96	184.6	166.54	98.14	79.7
Income Tax Expense	21.97	25.09	24.83	23.09	12.63	11.42
Earnings From Continuing Operations	125.64	167.87	159.77	143.45	85.51	68.28
Minority Interest in Earnings	-3.86	-3.27	-0.53	-0.74	0.28	-0.92
Net Income	121.79	164.6	159.24	142.72	85.79	67.35
Net Income to Common	121.79	164.6	159.24	142.72	85.79	67.35
Net Income Growth	-24.44%	3.37%	11.58%	66.35%	27.38%	7.34%
Shares Outstanding (Basic)	459	433	442	432	429	429
Shares Outstanding (Diluted)	459	433	442	432	429	429
Shares Change (YoY)	2.55%	-2.07%	2.28%	0.82%	0.05%	1.12%
EPS (Basic)	0.27	0.38	0.36	0.33	0.20	0.16
EPS (Diluted)	0.27	0.38	0.36	0.33	0.20	0.16
EPS Growth	-26.32%	5.56%	9.09%	65.00%	27.31%	6.15%
Free Cash Flow	143.58	94.97	159.73	109.34	145.45	112.98
Free Cash Flow Per Share	0.31	0.22	0.36	0.25	0.34	0.26
Dividend Per Share	0.290	0.290	0.290	0.220	0.129	0.230
Dividend Growth	-	-	31.82%	71.07%	-43.99%	65.78%
Gross Margin	36.80%	40.49%	41.14%	39.06%	35.76%	38.48%
Operating Margin	16.90%	21.56%	21.00%	21.09%	16.97%	17.88%
Profit Margin	15.52%	20.13%	22.47%	21.94%	16.07%	15.84%
Free Cash Flow Margin	18.30%	11.62%	22.54%	16.81%	27.25%	26.57%
EBITDA	151.7	196.64	170.88	159.29	112.55	98.99
EBITDA Margin	19.33%	24.05%	24.12%	24.49%	21.08%	23.28%
D&A For EBITDA	19.1	20.37	22.06	22.11	21.98	22.97
EBIT	132.61	176.27	148.83	137.17	90.57	76.02
EBIT Margin	16.90%	21.56%	21.00%	21.09%	16.97%	17.88%
Effective Tax Rate	14.88%	13.00%	13.45%	13.87%	12.86%	14.33%
Revenue as Reported	784.79	817.54	708.59	650.45	533.82	425.25

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