SHA:603132 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	1,615	1,538	1,281	1,237	1,251	1,122
Other Revenue	1.48	1.48	2.25	2.73	1.68	0.65
Revenue	1,616	1,539	1,283	1,239	1,252	1,122
Revenue Growth (YoY)	4.86%	19.97%	3.50%	-1.04%	11.60%	40.54%
Cost of Revenue	584.91	575.43	581.05	399.58	368.94	339.81
Gross Profit	1,031	963.63	701.84	839.89	883.51	782.51
Selling, General & Admin	217.49	175.13	154.75	141.41	143.33	125
Research & Development	49.55	46.49	42.24	42.81	43	37.26
Other Operating Expenses	44.5	61.58	57.6	56.07	45.72	38.36
Operating Expenses	315.45	284.76	251.66	243.17	230.98	201.45
Operating Income	716	678.86	450.18	596.72	652.53	581.05
Interest Expense	-130.11	-105.88	-68.04	-75.03	-120.29	-164.49
Interest & Investment Income	6.2	15.11	12.8	15.66	4.72	4.86
Currency Exchange Gain (Loss)	0	0	0	0	-0	-0
Other Non Operating Income (Expenses)	7.32	-0.93	2.03	-0.09	-1.56	-1.11
EBT Excluding Unusual Items	599.41	587.16	396.98	537.26	535.4	420.32
Gain (Loss) on Sale of Assets	-29.52	-28.83	0.49	0.39	-0.04	0.22
Asset Writedown	-	-	-	-	-	-0.66
Other Unusual Items	1.51	1.88	-3.65	7.7	3.9	1.74
Pretax Income	571.41	560.23	393.83	545.36	539.25	421.62
Income Tax Expense	89.88	83.26	50.94	75.42	76.36	59.18
Earnings From Continuing Operations	481.52	476.96	342.89	469.94	462.89	362.44
Minority Interest in Earnings	-3.34	-	0.09	-	-	-
Net Income	478.19	476.96	342.98	469.94	462.89	362.44
Net Income to Common	478.19	476.96	342.98	469.94	462.89	362.44
Net Income Growth	7.87%	39.06%	-27.02%	1.52%	27.71%	124.67%
Shares Outstanding (Basic)	976	973	980	959	873	884
Shares Outstanding (Diluted)	976	973	980	959	873	884
Shares Change (YoY)	-0.94%	-0.67%	2.18%	9.81%	-1.20%	4.11%
EPS (Basic)	0.49	0.49	0.35	0.49	0.53	0.41
EPS (Diluted)	0.49	0.49	0.35	0.49	0.53	0.41
EPS Growth	8.90%	40.00%	-28.57%	-7.55%	29.27%	115.79%
Free Cash Flow	-729.49	-244.68	499.42	534.21	665.5	573.25
Free Cash Flow Per Share	-0.75	-0.25	0.51	0.56	0.76	0.65
Dividend Per Share	0.420	0.390	0.540	0.536	-	-
Dividend Growth	2.44%	-27.78%	0.75%	-	-	-
Gross Margin	63.81%	62.61%	54.71%	67.76%	70.54%	69.72%
Operating Margin	44.30%	44.11%	35.09%	48.14%	52.10%	51.77%
Profit Margin	29.58%	30.99%	26.73%	37.91%	36.96%	32.29%
Free Cash Flow Margin	-45.13%	-15.90%	38.93%	43.10%	53.14%	51.08%
EBITDA	949.98	891.79	635.05	767.88	823.68	753.1
EBITDA Margin	58.77%	57.94%	49.50%	61.95%	65.77%	67.10%
D&A For EBITDA	233.97	212.93	184.87	171.16	171.15	172.04
EBIT	716	678.86	450.18	596.72	652.53	581.05
EBIT Margin	44.30%	44.11%	35.09%	48.14%	52.10%	51.77%
Effective Tax Rate	15.73%	14.86%	12.93%	13.83%	14.16%	14.04%
Revenue as Reported	1,616	1,539	1,283	1,239	1,252	-

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