SHA:603162 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	3,745	3,323	1,658	2,018	1,598	678.88
Other Revenue	336.23	336.23	47.18	27.88	-	-
Revenue	4,081	3,659	1,705	2,046	1,598	678.88
Revenue Growth (YoY)	29.31%	114.55%	-16.65%	28.02%	135.42%	21.72%
Cost of Revenue	3,466	2,994	1,456	1,233	931.81	531.44
Gross Profit	614.87	664.37	249.22	813.49	666.37	147.44
Selling, General & Admin	134.69	117.92	70.85	64.83	46.46	25.4
Other Operating Expenses	6.02	3.57	3.17	3.4	3.61	1.81
Operating Expenses	140.14	120.62	78.21	72.09	51.52	27.41
Operating Income	474.73	543.75	171.01	741.41	614.85	120.03
Interest Expense	-84.2	-45.42	-27.15	-43.02	-53.89	-51.96
Interest & Investment Income	20.93	26.09	31.86	7.85	2.02	0.54
Currency Exchange Gain (Loss)	-4.91	-4.91	2.05	-	-	-
Other Non Operating Income (Expenses)	-3.59	-0.83	-2.4	-0.01	0	0
EBT Excluding Unusual Items	402.97	518.69	175.37	706.23	562.98	68.61
Gain (Loss) on Sale of Investments	0.26	1.05	9.63	-	-	-
Gain (Loss) on Sale of Assets	0.04	31.72	-0	-0.01	-0	-0.02
Other Unusual Items	5.12	3.74	-2.34	-1.44	16.22	19.07
Pretax Income	415.18	561.98	182.93	705.09	579.2	87.67
Income Tax Expense	24.06	12.96	-2.12	33.67	61.76	21.65
Net Income	391.12	549.02	185.04	671.42	517.44	66.02
Net Income to Common	391.12	549.02	185.04	671.42	517.44	66.02
Net Income Growth	-11.94%	196.70%	-72.44%	29.76%	683.76%	-35.62%
Shares Outstanding (Basic)	907	915	881	815	804	723
Shares Outstanding (Diluted)	923	931	881	815	804	723
Shares Change (YoY)	2.86%	5.61%	8.18%	1.33%	11.17%	-0.22%
EPS (Basic)	0.43	0.60	0.21	0.82	0.64	0.09
EPS (Diluted)	0.42	0.59	0.21	0.82	0.64	0.09
EPS Growth	-14.38%	180.95%	-74.52%	28.06%	605.04%	-35.48%
Free Cash Flow	-267.05	-962.92	-785.4	791.02	445.07	140.1
Free Cash Flow Per Share	-0.29	-1.03	-0.89	0.97	0.55	0.19
Dividend Per Share	0.100	0.100	0.101	0.091	0.046	-
Dividend Growth	-33.95%	-1.38%	11.06%	99.78%	-	-
Gross Margin	15.07%	18.16%	14.61%	39.76%	41.70%	21.72%
Operating Margin	11.63%	14.86%	10.03%	36.24%	38.47%	17.68%
Profit Margin	9.58%	15.01%	10.85%	32.82%	32.38%	9.72%
Free Cash Flow Margin	-6.54%	-26.32%	-46.05%	38.66%	27.85%	20.64%
EBITDA	753.81	744.52	267.36	793.91	696.26	182.24
EBITDA Margin	18.47%	20.35%	15.68%	38.80%	43.57%	26.84%
D&A For EBITDA	279.08	200.77	96.35	52.51	81.41	62.21
EBIT	474.73	543.75	171.01	741.41	614.85	120.03
EBIT Margin	11.63%	14.86%	10.03%	36.24%	38.47%	17.68%
Effective Tax Rate	5.79%	2.31%	-	4.78%	10.66%	24.69%
Revenue as Reported	4,081	3,659	1,705	2,046	-	-

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