SHA:603135 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	676.23	952.64	1,113	1,522	1,776	499.77
Other Revenue	3.62	3.62	3.46	6.36	3.71	1.71
Revenue	679.85	956.26	1,117	1,528	1,779	501.47
Revenue Growth (YoY)	-19.98%	-14.38%	-26.93%	-14.10%	254.80%	-10.05%
Cost of Revenue	561.52	812.25	809.56	1,100	1,348	339.13
Gross Profit	118.33	144.01	307.26	428.78	430.78	162.34
Selling, General & Admin	36.06	38.49	55.38	46.93	49.56	64.13
Research & Development	28.07	39.23	40.89	54.31	62.03	24.79
Other Operating Expenses	15.85	7	-4.75	-0.38	1.51	2.56
Operating Expenses	104.48	129.55	149.75	140.01	119.11	88.99
Operating Income	13.85	14.46	157.51	288.77	311.67	73.35
Interest Expense	-0.06	-0.08	-0.21	-0.61	-0.17	-0.37
Interest & Investment Income	26.35	26.74	34.91	12.82	30.67	9.25
Currency Exchange Gain (Loss)	-0.25	-0.25	0.11	-0.17	-0.22	0.08
Other Non Operating Income (Expenses)	-1.54	-1.09	4.26	-1.29	-7.15	-1.11
EBT Excluding Unusual Items	38.35	39.78	196.58	299.51	334.8	81.19
Gain (Loss) on Sale of Investments	9.16	8.39	5.21	-0.15	-	0.06
Gain (Loss) on Sale of Assets	0.01	-0	0.58	0.29	-15.03	-
Asset Writedown	-5.77	-	-	-	-	-0.56
Other Unusual Items	12.83	12.82	6.29	21.74	-	16.87
Pretax Income	54.6	60.98	208.85	321.58	319.81	99.26
Income Tax Expense	8.24	4.62	26.85	38.34	39.19	16.84
Earnings From Continuing Operations	46.36	56.36	181.99	283.25	280.62	82.42
Minority Interest in Earnings	-	-	-	-	-	0.95
Net Income	46.36	56.36	181.99	283.25	280.62	83.37
Net Income to Common	46.36	56.36	181.99	283.25	280.62	83.37
Net Income Growth	21.29%	-69.03%	-35.75%	0.94%	236.58%	-28.34%
Shares Outstanding (Basic)	350	626	607	502	490	144
Shares Outstanding (Diluted)	350	626	607	502	490	144
Shares Change (YoY)	-48.62%	3.22%	20.86%	2.51%	239.64%	-
EPS (Basic)	0.13	0.09	0.30	0.56	0.57	0.58
EPS (Diluted)	0.13	0.09	0.30	0.56	0.57	0.58
EPS Growth	136.04%	-70.00%	-46.84%	-1.24%	-1.20%	-
Free Cash Flow	223.64	-107.37	128.64	-163.22	49.86	143.89
Free Cash Flow Per Share	0.64	-0.17	0.21	-0.33	0.10	1.00
Dividend Per Share	0.066	0.066	0.143	0.143	-	-
Dividend Growth	-53.81%	-53.81%	-	-	-	-
Gross Margin	17.41%	15.06%	27.51%	28.06%	24.21%	32.37%
Operating Margin	2.04%	1.51%	14.10%	18.89%	17.52%	14.63%
Profit Margin	6.82%	5.89%	16.30%	18.53%	15.77%	16.63%
Free Cash Flow Margin	32.90%	-11.23%	11.52%	-10.68%	2.80%	28.69%
EBITDA	83.06	64.99	183.12	313.58	336.54	98.95
EBITDA Margin	12.22%	6.80%	16.40%	20.52%	18.92%	19.73%
D&A For EBITDA	69.21	50.53	25.61	24.81	24.87	25.6
EBIT	13.85	14.46	157.51	288.77	311.67	73.35
EBIT Margin	2.04%	1.51%	14.10%	18.89%	17.52%	14.63%
Effective Tax Rate	15.08%	7.58%	12.86%	11.92%	12.25%	16.97%
Revenue as Reported	679.85	956.26	1,117	1,528	1,779	-

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