SHA:603187 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	2015 - 2019
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	2015 - 2019
Operating Revenue	3,050	2,729	3,109	2,825	2,592	1,845	Upgrade
Other Revenue	101.62	101.62	96.06	79.32	70.09	45.13	Upgrade
Revenue	3,151	2,831	3,205	2,905	2,662	1,890	Upgrade
Revenue Growth (YoY)	11.91%	-11.67%	10.34%	9.12%	40.80%	23.11%	Upgrade
Cost of Revenue	2,295	2,048	2,288	2,220	2,112	1,360	Upgrade
Gross Profit	856.1	783.05	916.47	684.32	550.04	530.55	Upgrade
Selling, General & Admin	311.36	309.72	318.68	240.99	200.07	133.45	Upgrade
Research & Development	109.48	98.94	108.58	106.52	85.65	57.77	Upgrade
Other Operating Expenses	12.41	2.55	21.63	26.35	21.13	17.51	Upgrade
Operating Expenses	434.49	427.15	490.61	403.04	297.61	220.62	Upgrade
Operating Income	421.61	355.9	425.86	281.28	252.44	309.93	Upgrade
Interest Expense	-	-0.01	-	-	-4.26	-12.76	Upgrade
Interest & Investment Income	21.27	45.78	43.53	31.09	31.61	19.53	Upgrade
Currency Exchange Gain (Loss)	8.32	8.32	9.7	23.91	-4.24	-24.55	Upgrade
Other Non Operating Income (Expenses)	-18.27	-5.99	-2.22	0.27	-6.17	-4.24	Upgrade
EBT Excluding Unusual Items	432.94	404.01	476.87	336.55	269.38	287.9	Upgrade
Gain (Loss) on Sale of Investments	3.7	3.7	4.9	-	1.7	-0.05	Upgrade
Gain (Loss) on Sale of Assets	-0.9	-0.9	-0.04	0.16	-0.03	-0.06	Upgrade
Asset Writedown	-0.68	-	-	-	-	-	Upgrade
Other Unusual Items	21.34	15.66	3.17	4.12	3.64	24.67	Upgrade
Pretax Income	456.4	422.47	484.9	340.84	274.69	312.45	Upgrade
Income Tax Expense	78.47	68.93	71.76	36.71	31.36	41.78	Upgrade
Earnings From Continuing Operations	377.93	353.54	413.14	304.13	243.33	270.68	Upgrade
Minority Interest in Earnings	4.35	0.13	-0.06	-11.92	-18.18	-2.58	Upgrade
Net Income	382.29	353.66	413.09	292.21	225.15	268.1	Upgrade
Net Income to Common	382.29	353.66	413.09	292.21	225.15	268.1	Upgrade
Net Income Growth	16.10%	-14.38%	41.37%	29.78%	-16.02%	22.51%	Upgrade
Shares Outstanding (Basic)	383	384	382	356	328	308	Upgrade
Shares Outstanding (Diluted)	383	384	382	356	332	324	Upgrade
Shares Change (YoY)	-0.09%	0.51%	7.33%	7.40%	2.55%	4.86%	Upgrade
EPS (Basic)	1.00	0.92	1.08	0.82	0.69	0.87	Upgrade
EPS (Diluted)	1.00	0.92	1.08	0.82	0.68	0.83	Upgrade
EPS Growth	16.21%	-14.82%	31.71%	20.84%	-18.10%	16.84%	Upgrade
Free Cash Flow	235.94	127.43	438.12	-207.38	-259.91	212.23	Upgrade
Free Cash Flow Per Share	0.62	0.33	1.15	-0.58	-0.78	0.66	Upgrade
Dividend Per Share	0.500	0.500	0.550	0.250	0.214	0.306	Upgrade
Dividend Growth	-9.09%	-9.09%	120.00%	16.66%	-29.99%	40.03%	Upgrade
Gross Margin	27.16%	27.66%	28.60%	23.56%	20.66%	28.06%	Upgrade
Operating Margin	13.38%	12.57%	13.29%	9.68%	9.48%	16.39%	Upgrade
Profit Margin	12.13%	12.49%	12.89%	10.06%	8.46%	14.18%	Upgrade
Free Cash Flow Margin	7.49%	4.50%	13.67%	-7.14%	-9.77%	11.23%	Upgrade
EBITDA	527.89	456.52	518.93	353.28	314.1	358.25	Upgrade
EBITDA Margin	16.75%	16.13%	16.19%	12.16%	11.80%	18.95%	Upgrade
D&A For EBITDA	106.28	100.62	93.06	72	61.67	48.33	Upgrade
EBIT	421.61	355.9	425.86	281.28	252.44	309.93	Upgrade
EBIT Margin	13.38%	12.57%	13.29%	9.68%	9.48%	16.39%	Upgrade
Effective Tax Rate	17.19%	16.32%	14.80%	10.77%	11.42%	13.37%	Upgrade
Revenue as Reported	721.29	2,831	3,205	2,905	2,662	1,890	Upgrade
Advertising Expenses	-	6.26	5.68	3.38	0.88	2.94	Upgrade

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