SHA:603269 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	1,715	1,597	1,378	1,353	1,129	833.08
Other Revenue	1.76	1.76	2.58	0.94	1.2	1.16
Revenue	1,716	1,599	1,381	1,354	1,130	834.23
Revenue Growth (YoY)	7.34%	15.80%	1.95%	19.86%	35.44%	36.55%
Cost of Revenue	1,181	1,134	984.29	987.17	810.09	571.9
Gross Profit	535.93	464.47	396.34	367.02	319.77	262.34
Selling, General & Admin	279.46	242.82	249.45	223.01	201.13	159.85
Research & Development	50.88	47.82	38.55	35.66	27.43	21.78
Other Operating Expenses	7.56	6.16	-1.29	6.47	4.24	3.66
Operating Expenses	366.69	304.85	315.07	280.75	248.41	198.02
Operating Income	169.24	159.62	81.27	86.27	71.36	64.32
Interest Expense	-16.59	-17.17	-18.16	-15.72	-11.83	-10.58
Interest & Investment Income	2.87	3.94	4.77	1.75	1.56	1.89
Currency Exchange Gain (Loss)	-23.82	-23.82	10.56	5.69	3.34	-2.13
Other Non Operating Income (Expenses)	3.37	-5.89	-2.07	-2.44	-1.12	-1.89
EBT Excluding Unusual Items	135.07	116.69	76.37	75.55	63.31	51.61
Gain (Loss) on Sale of Investments	-0.16	-0.43	-1.3	6.57	3.89	-3.01
Gain (Loss) on Sale of Assets	0.27	-0.25	35.33	12.39	-0.29	9.42
Asset Writedown	2.5	0.01	0.09	0	-	-
Other Unusual Items	3.4	3.4	0.44	4.85	6.93	3.52
Pretax Income	141.08	119.42	110.93	99.35	73.83	61.54
Income Tax Expense	26.17	17.19	20.99	20.67	16.09	11.47
Earnings From Continuing Operations	114.91	102.23	89.94	78.69	57.75	50.07
Minority Interest in Earnings	-8.72	-6.32	-5.12	-4.93	-4.81	-3.6
Net Income	106.19	95.91	84.82	73.75	52.93	46.47
Net Income to Common	106.19	95.91	84.82	73.75	52.93	46.47
Net Income Growth	19.73%	13.08%	15.01%	39.33%	13.90%	-4.17%
Shares Outstanding (Basic)	302	312	313	308	309	277
Shares Outstanding (Diluted)	302	312	313	308	309	277
Shares Change (YoY)	-5.52%	-0.07%	1.62%	-0.47%	11.44%	10.41%
EPS (Basic)	0.35	0.31	0.27	0.24	0.17	0.17
EPS (Diluted)	0.35	0.31	0.27	0.24	0.17	0.17
EPS Growth	26.72%	13.15%	13.18%	39.99%	2.21%	-13.21%
Free Cash Flow	193.68	151.95	184.9	-49.13	-61.96	-39.9
Free Cash Flow Per Share	0.64	0.49	0.59	-0.16	-0.20	-0.14
Dividend Per Share	0.214	0.214	0.153	0.091	0.080	0.073
Dividend Growth	39.97%	39.97%	68.06%	13.59%	10.01%	-
Gross Margin	31.22%	29.05%	28.71%	27.10%	28.30%	31.45%
Operating Margin	9.86%	9.98%	5.89%	6.37%	6.32%	7.71%
Profit Margin	6.19%	6.00%	6.14%	5.45%	4.69%	5.57%
Free Cash Flow Margin	11.28%	9.50%	13.39%	-3.63%	-5.48%	-4.78%
EBITDA	196.75	187.49	109.62	115.91	105.54	84.77
EBITDA Margin	11.46%	11.73%	7.94%	8.56%	9.34%	10.16%
D&A For EBITDA	27.51	27.87	28.35	29.63	34.18	20.45
EBIT	169.24	159.62	81.27	86.27	71.36	64.32
EBIT Margin	9.86%	9.98%	5.89%	6.37%	6.32%	7.71%
Effective Tax Rate	18.55%	14.39%	18.92%	20.80%	21.79%	18.64%
Revenue as Reported	1,716	1,599	1,381	1,354	1,130	834.23

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