SHA:603176 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	2,421	3,453	2,773	2,658	2,366	2,394
Other Revenue	4.2	4.2	3.43	4.14	2.38	3.79
Revenue	2,425	3,458	2,776	2,662	2,368	2,398
Revenue Growth (YoY)	-25.06%	24.54%	4.30%	12.41%	-1.24%	-0.38%
Cost of Revenue	1,970	2,915	2,312	2,230	2,024	2,073
Gross Profit	455.66	542.47	464.45	432.15	344.44	325.48
Selling, General & Admin	99.98	92.52	84.3	72.27	74.94	67.98
Research & Development	10.92	19.77	2.39	0.6	-	-
Other Operating Expenses	9.55	10.64	10.12	8.54	10.25	11.34
Operating Expenses	303.52	282.53	205.61	166.43	112.76	64.38
Operating Income	152.14	259.94	258.84	265.72	231.68	261.11
Interest Expense	-89.33	-75.38	-73.19	-48.39	-36.79	-43.63
Interest & Investment Income	2.01	3.16	6.77	2.15	1.63	1.33
Currency Exchange Gain (Loss)	0.04	0.04	0.1	0.11	-0.09	-0.09
Other Non Operating Income (Expenses)	-2.72	-3.25	-0.29	-9.39	3.75	-2.99
EBT Excluding Unusual Items	62.13	184.5	192.23	210.21	200.19	215.73
Gain (Loss) on Sale of Investments	-50.62	-56.84	-83.77	-82.1	-67.47	-52.69
Gain (Loss) on Sale of Assets	0.06	0.62	0.73	0.02	0.66	-1.24
Asset Writedown	-2.71	0.04	-0	-	-	-
Other Unusual Items	5.3	2.86	1.97	0.99	1.97	-2.94
Pretax Income	14.16	131.18	111.16	129.11	135.34	158.86
Income Tax Expense	39.74	62.75	56.29	53.95	52.16	62.52
Earnings From Continuing Operations	-25.58	68.43	54.87	75.17	83.19	96.34
Minority Interest in Earnings	-2.48	1.01	4.93	-1.28	0.57	-0.01
Net Income	-28.06	69.45	59.81	73.88	83.76	96.33
Net Income to Common	-28.06	69.45	59.81	73.88	83.76	96.33
Net Income Growth	-	16.11%	-19.05%	-11.79%	-13.05%	6.17%
Shares Outstanding (Basic)	495	463	460	462	349	344
Shares Outstanding (Diluted)	495	463	460	462	349	344
Shares Change (YoY)	13.63%	0.63%	-0.37%	32.31%	1.44%	2.37%
EPS (Basic)	-0.06	0.15	0.13	0.16	0.24	0.28
EPS (Diluted)	-0.06	0.15	0.13	0.16	0.24	0.28
EPS Growth	-	15.38%	-18.75%	-33.33%	-14.29%	3.70%
Free Cash Flow	60.36	-173.18	-319.75	58.25	-65.33	268.3
Free Cash Flow Per Share	0.12	-0.37	-0.69	0.13	-0.19	0.78
Dividend Per Share	0.023	0.023	0.020	0.025	0.030	-
Dividend Growth	15.00%	15.00%	-20.00%	-16.67%	-	-
Gross Margin	18.79%	15.69%	16.73%	16.23%	14.54%	13.57%
Operating Margin	6.27%	7.52%	9.32%	9.98%	9.78%	10.89%
Profit Margin	-1.16%	2.01%	2.15%	2.78%	3.54%	4.02%
Free Cash Flow Margin	2.49%	-5.01%	-11.52%	2.19%	-2.76%	11.19%
EBITDA	208.19	311.35	304.05	294.45	245.53	275.19
EBITDA Margin	8.58%	9.00%	10.95%	11.06%	10.37%	11.48%
D&A For EBITDA	56.06	51.41	45.21	28.73	13.84	14.08
EBIT	152.14	259.94	258.84	265.72	231.68	261.11
EBIT Margin	6.27%	7.52%	9.32%	9.98%	9.78%	10.89%
Effective Tax Rate	280.69%	47.83%	50.64%	41.78%	38.54%	39.36%
Revenue as Reported	2,425	3,458	2,776	2,662	2,368	2,398

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