SHA:603201 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	2,941	2,977	2,701	2,714	3,007	2,436
Other Revenue	35.38	35.38	50.89	48.37	48.37	37.78
Revenue	2,976	3,012	2,752	2,762	3,056	2,474
Revenue Growth (YoY)	4.68%	9.47%	-0.38%	-9.60%	23.54%	0.77%
Cost of Revenue	2,374	2,426	2,208	2,289	2,578	2,016
Gross Profit	601.97	586.02	543.34	473.18	478.2	457.72
Selling, General & Admin	206.99	203.82	183.8	171.34	165.97	150.37
Research & Development	27.56	26.07	25.22	36.5	59.44	52.37
Other Operating Expenses	58.23	59.43	62.67	53.84	52.83	50.34
Operating Expenses	290.8	290.7	278.84	261.19	283.78	256.08
Operating Income	311.17	295.32	264.5	211.99	194.42	201.64
Interest Expense	-11.06	-11.63	-10.33	-12.74	-16.74	-20.03
Interest & Investment Income	16.52	15.79	11.49	5.59	3.44	4.52
Currency Exchange Gain (Loss)	26.68	26.68	8.46	28.19	-6.54	-16.25
Other Non Operating Income (Expenses)	-8.74	-8.5	-8.89	-5.75	-5.4	-4.45
EBT Excluding Unusual Items	334.56	317.66	265.23	227.27	169.17	165.42
Gain (Loss) on Sale of Investments	1.53	2.48	0.05	-3.57	0.54	4.96
Gain (Loss) on Sale of Assets	-0.36	-0.79	-0.75	1.04	-0.16	0.36
Asset Writedown	-3.45	-	-	-	-	-13.4
Other Unusual Items	10.34	10.34	16.37	8.81	11.59	7.34
Pretax Income	342.62	329.69	280.9	233.56	181.14	164.68
Income Tax Expense	78.4	76.44	62.42	54.01	36.05	38.16
Earnings From Continuing Operations	264.22	253.25	218.48	179.55	145.09	126.52
Minority Interest in Earnings	-7.7	-7.98	-8.44	-6.26	-2.94	-3.71
Net Income	256.52	245.27	210.03	173.29	142.15	122.81
Net Income to Common	256.52	245.27	210.03	173.29	142.15	122.81
Net Income Growth	8.49%	16.78%	21.20%	21.90%	15.75%	22.36%
Shares Outstanding (Basic)	190	189	187	167	140	140
Shares Outstanding (Diluted)	193	191	187	167	140	140
Shares Change (YoY)	2.65%	2.37%	11.58%	19.10%	0.19%	5.14%
EPS (Basic)	1.35	1.30	1.13	1.04	1.01	0.88
EPS (Diluted)	1.33	1.28	1.13	1.04	1.01	0.88
EPS Growth	5.69%	14.07%	8.62%	2.35%	15.53%	16.38%
Free Cash Flow	112.46	159.12	20.25	121.51	-78.64	184.87
Free Cash Flow Per Share	0.58	0.83	0.11	0.73	-0.56	1.32
Dividend Per Share	0.399	0.400	0.387	0.179	-	-
Dividend Growth	-10.45%	3.39%	116.63%	-	-	-
Gross Margin	20.22%	19.46%	19.75%	17.13%	15.65%	18.50%
Operating Margin	10.45%	9.80%	9.61%	7.67%	6.36%	8.15%
Profit Margin	8.62%	8.14%	7.63%	6.27%	4.65%	4.96%
Free Cash Flow Margin	3.78%	5.28%	0.74%	4.40%	-2.57%	7.47%
EBITDA	377.76	352.82	309.86	252.48	230.26	243.02
EBITDA Margin	12.69%	11.71%	11.26%	9.14%	7.54%	9.83%
D&A For EBITDA	66.6	57.49	45.35	40.49	35.85	41.38
EBIT	311.17	295.32	264.5	211.99	194.42	201.64
EBIT Margin	10.45%	9.80%	9.61%	7.67%	6.36%	8.15%
Effective Tax Rate	22.88%	23.19%	22.22%	23.13%	19.90%	23.17%
Revenue as Reported	2,976	3,012	2,752	2,762	3,056	2,474

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