SHA:603105 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	704.96	684.6	670.64	645.85	434.66	418.47
Other Revenue	4.26	4.26	15.57	4.02	10.47	8.28
Revenue	709.22	688.86	686.21	649.88	445.13	426.75
Revenue Growth (YoY)	0.09%	0.39%	5.59%	46.00%	4.31%	10.24%
Cost of Revenue	298.29	283.72	292.89	293.1	201.27	209.28
Gross Profit	410.92	405.14	393.32	356.78	243.86	217.47
Selling, General & Admin	59.37	59.04	54.76	54.85	56.9	69.74
Research & Development	21.21	21.79	20.46	17.57	11.44	16.25
Other Operating Expenses	13.75	-0.42	0.67	-9.11	1.49	1.2
Operating Expenses	94.99	87.06	82.88	59.02	61.08	86.91
Operating Income	315.94	318.08	310.45	297.76	182.78	130.56
Interest Expense	-93.87	-99.46	-77.57	-77.68	-74.08	-64
Interest & Investment Income	5.58	8.08	5.08	4.05	2.64	3.36
Currency Exchange Gain (Loss)	0	0	0	1.03	0	0.14
Other Non Operating Income (Expenses)	-0.37	-0.16	-0.44	0.82	-1.91	-1.73
EBT Excluding Unusual Items	227.27	226.54	237.52	225.98	109.42	68.33
Gain (Loss) on Sale of Investments	-	-	-	-2.53	1.88	0.23
Gain (Loss) on Sale of Assets	1.56	-0.95	0.99	-7.4	-7.5	-3.49
Asset Writedown	0.11	-	-0	-0.97	-	-15.71
Other Unusual Items	12.87	12.71	5.9	-	24.13	40.48
Pretax Income	241.81	238.3	244.41	215.09	127.93	89.85
Income Tax Expense	48.09	44.71	24.25	23.63	17.91	8.96
Earnings From Continuing Operations	193.72	193.59	220.16	191.46	110.01	80.89
Net Income	193.72	193.59	220.16	191.46	110.01	80.89
Net Income to Common	193.72	193.59	220.16	191.46	110.01	80.89
Net Income Growth	-12.04%	-12.07%	14.99%	74.04%	36.01%	92.05%
Shares Outstanding (Basic)	497	496	500	504	500	506
Shares Outstanding (Diluted)	497	496	500	504	500	506
Shares Change (YoY)	-0.77%	-0.80%	-0.69%	0.76%	-1.08%	-3.98%
EPS (Basic)	0.39	0.39	0.44	0.38	0.22	0.16
EPS (Diluted)	0.39	0.39	0.44	0.38	0.22	0.16
EPS Growth	-11.35%	-11.36%	15.79%	72.73%	37.50%	100.00%
Free Cash Flow	141.59	18.72	-171.45	125.3	34.62	51.74
Free Cash Flow Per Share	0.28	0.04	-0.34	0.25	0.07	0.10
Dividend Per Share	0.200	0.200	0.150	0.120	0.070	0.050
Dividend Growth	33.33%	33.33%	25.00%	71.43%	40.00%	-
Gross Margin	57.94%	58.81%	57.32%	54.90%	54.78%	50.96%
Operating Margin	44.55%	46.17%	45.24%	45.82%	41.06%	30.59%
Profit Margin	27.31%	28.10%	32.08%	29.46%	24.71%	18.95%
Free Cash Flow Margin	19.96%	2.72%	-24.99%	19.28%	7.78%	12.13%
EBITDA	530.06	516.16	487.16	457.76	331.32	269.91
EBITDA Margin	74.74%	74.93%	70.99%	70.44%	74.43%	63.25%
D&A For EBITDA	214.12	198.09	176.71	160	148.54	139.35
EBIT	315.94	318.08	310.45	297.76	182.78	130.56
EBIT Margin	44.55%	46.17%	45.24%	45.82%	41.06%	30.59%
Effective Tax Rate	19.89%	18.76%	9.92%	10.99%	14.00%	9.98%
Revenue as Reported	709.22	688.86	686.21	649.88	445.13	426.75

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