SHA:603151 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	5,005	2,480	1,564	1,613	2,006	1,697
Other Revenue	61.21	61.21	82.92	45.44	28.99	27.01
Revenue	5,066	2,542	1,647	1,658	2,035	1,724
Revenue Growth (YoY)	138.87%	54.36%	-0.71%	-18.50%	18.05%	71.58%
Cost of Revenue	4,645	2,308	1,433	1,432	1,780	1,484
Gross Profit	420.89	233.71	213.38	226.4	254.97	240.12
Selling, General & Admin	111.22	95.8	79.02	64.62	59.86	68.87
Research & Development	69.3	41.55	31.84	33.7	39.76	44.77
Other Operating Expenses	6.44	3.73	2.47	2.04	0.73	1.65
Operating Expenses	251.05	163.53	121.69	103.69	100.01	114.83
Operating Income	169.84	70.19	91.69	122.72	154.96	125.29
Interest Expense	-19.87	-7.41	-0.83	-1.61	-0.85	-0.35
Interest & Investment Income	2.12	1.54	9.31	3.39	2.11	1.78
Other Non Operating Income (Expenses)	-5.17	-0.68	-0.55	-0.27	14.17	-0.98
EBT Excluding Unusual Items	146.92	63.64	99.63	124.22	170.38	125.74
Gain (Loss) on Sale of Investments	-1.03	-1.03	-	-	-	-
Gain (Loss) on Sale of Assets	-0.45	-0.22	-1.03	0.03	0.74	-0
Asset Writedown	0.15	-	-	-	-	-
Other Unusual Items	0.89	0.89	1.2	13.51	0.07	1.93
Pretax Income	146.48	63.27	99.79	137.76	171.18	127.67
Income Tax Expense	34.52	11.75	16.08	17.94	25.12	14.73
Earnings From Continuing Operations	111.96	51.53	83.71	119.82	146.07	112.94
Minority Interest in Earnings	1.64	-1.4	0.18	0.61	-0.24	-0.98
Net Income	113.59	50.13	83.89	120.43	145.82	111.96
Net Income to Common	113.59	50.13	83.89	120.43	145.82	111.96
Net Income Growth	93.45%	-40.24%	-30.34%	-17.41%	30.25%	109.55%
Shares Outstanding (Basic)	169	168	168	133	126	119
Shares Outstanding (Diluted)	169	168	168	133	126	119
Shares Change (YoY)	0.29%	-0.01%	26.33%	5.55%	5.85%	-
EPS (Basic)	0.67	0.30	0.50	0.91	1.16	0.94
EPS (Diluted)	0.67	0.30	0.50	0.91	1.16	0.94
EPS Growth	92.89%	-40.24%	-44.86%	-21.76%	23.05%	-
Free Cash Flow	-725.41	-224.13	-314.52	-113.34	34.19	146.09
Free Cash Flow Per Share	-4.30	-1.33	-1.87	-0.85	0.27	1.23
Dividend Per Share	0.200	0.150	0.200	0.500	-	0.300
Dividend Growth	-	-25.00%	-60.00%	-	-	-
Gross Margin	8.31%	9.20%	12.96%	13.65%	12.53%	13.93%
Operating Margin	3.35%	2.76%	5.57%	7.40%	7.61%	7.27%
Profit Margin	2.24%	1.97%	5.10%	7.26%	7.17%	6.49%
Free Cash Flow Margin	-14.32%	-8.82%	-19.10%	-6.83%	1.68%	8.48%
EBITDA	235.24	118.99	118.36	135.15	164.99	133.33
EBITDA Margin	4.64%	4.68%	7.19%	8.15%	8.11%	7.74%
D&A For EBITDA	65.41	48.8	26.67	12.44	10.04	8.04
EBIT	169.84	70.19	91.69	122.72	154.96	125.29
EBIT Margin	3.35%	2.76%	5.57%	7.40%	7.61%	7.27%
Effective Tax Rate	23.57%	18.57%	16.11%	13.02%	14.67%	11.53%
Revenue as Reported	5,066	2,542	1,647	1,658	2,035	1,724
Advertising Expenses	-	2.29	5.47	2.83	5.27	8.37

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