SHA:603233 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	26,198	25,861	23,931	20,780	16,759	14,262	Upgrade
Other Revenue	635.56	635.56	599.94	467.67	-	320.64	Upgrade
Revenue	26,834	26,497	24,531	21,248	16,759	14,583	Upgrade
Revenue Growth (YoY)	1.11%	8.01%	15.45%	26.78%	14.92%	30.89%	Upgrade
Cost of Revenue	17,614	17,422	15,795	13,226	10,385	8,993	Upgrade
Gross Profit	9,220	9,074	8,736	8,022	6,374	5,590	Upgrade
Selling, General & Admin	7,240	7,424	6,808	6,270	5,187	4,173	Upgrade
Research & Development	49.47	51.68	80.93	74.38	44.61	4.7	Upgrade
Other Operating Expenses	68.38	35.47	35.32	64.57	29.94	44.27	Upgrade
Operating Expenses	7,370	7,527	6,940	6,432	5,273	4,227	Upgrade
Operating Income	1,850	1,547	1,796	1,590	1,101	1,363	Upgrade
Interest Expense	-222.43	-248.83	-239.26	-231.97	-212.04	-11.5	Upgrade
Interest & Investment Income	81.13	82.23	91.75	68.89	77.7	67.69	Upgrade
Other Non Operating Income (Expenses)	-44.45	-46.32	-49.85	-48.52	-29.15	-29.91	Upgrade
EBT Excluding Unusual Items	1,665	1,335	1,599	1,379	937.76	1,389	Upgrade
Impairment of Goodwill	-38.6	-38.6	-6.21	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	20.59	10.61	4.38	-18.71	34.57	2.75	Upgrade
Gain (Loss) on Sale of Assets	20.67	19.21	3.43	18.73	5.63	-2.53	Upgrade
Asset Writedown	1.44	-	-	-	-	-	Upgrade
Other Unusual Items	13.89	13.89	27.05	36.36	65.94	57.33	Upgrade
Pretax Income	1,683	1,340	1,628	1,415	1,044	1,446	Upgrade
Income Tax Expense	457.04	359.73	397.12	335.62	239.52	363.39	Upgrade
Earnings From Continuing Operations	1,226	979.94	1,231	1,079	804.39	1,083	Upgrade
Minority Interest in Earnings	-87.87	-65.19	-64.16	-43.55	-13.16	-20.84	Upgrade
Net Income	1,138	914.75	1,166	1,036	791.23	1,062	Upgrade
Net Income to Common	1,138	914.75	1,166	1,036	791.23	1,062	Upgrade
Net Income Growth	33.80%	-21.58%	12.63%	30.90%	-25.51%	51.17%	Upgrade
Shares Outstanding (Basic)	1,125	1,129	1,133	1,138	1,130	1,133	Upgrade
Shares Outstanding (Diluted)	1,125	1,129	1,133	1,138	1,130	1,133	Upgrade
Shares Change (YoY)	-0.96%	-0.28%	-0.50%	0.69%	-0.24%	2.65%	Upgrade
EPS (Basic)	1.01	0.81	1.03	0.91	0.70	0.94	Upgrade
EPS (Diluted)	1.01	0.81	1.03	0.91	0.70	0.94	Upgrade
EPS Growth	35.09%	-21.36%	13.19%	30.00%	-25.33%	47.27%	Upgrade
Free Cash Flow	3,922	1,630	1,377	2,722	260.05	1,162	Upgrade
Free Cash Flow Per Share	3.49	1.44	1.22	2.39	0.23	1.02	Upgrade
Dividend Per Share	0.650	0.620	0.310	0.500	0.347	0.463	Upgrade
Dividend Growth	4.84%	100.00%	-38.00%	43.97%	-24.99%	60.04%	Upgrade
Gross Margin	34.36%	34.25%	35.61%	37.76%	38.03%	38.33%	Upgrade
Operating Margin	6.89%	5.84%	7.32%	7.48%	6.57%	9.34%	Upgrade
Profit Margin	4.24%	3.45%	4.75%	4.87%	4.72%	7.28%	Upgrade
Free Cash Flow Margin	14.62%	6.15%	5.61%	12.81%	1.55%	7.96%	Upgrade
EBITDA	3,536	3,131	3,244	1,808	1,306	1,533	Upgrade
EBITDA Margin	13.18%	11.82%	13.22%	8.51%	7.79%	10.51%	Upgrade
D&A For EBITDA	1,685	1,584	1,448	218.06	204.62	170.77	Upgrade
EBIT	1,850	1,547	1,796	1,590	1,101	1,363	Upgrade
EBIT Margin	6.89%	5.84%	7.32%	7.48%	6.57%	9.34%	Upgrade
Effective Tax Rate	27.16%	26.85%	24.40%	23.72%	22.94%	25.12%	Upgrade
Revenue as Reported	26,834	26,497	24,531	21,248	16,759	14,583	Upgrade
Advertising Expenses	-	25.49	30.81	26.27	-	-	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.