SHA:603273 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	Jan '21 Jan 1, 2021
Operating Revenue	552.78	623.83	803.75	969.61	1,096	739.13
Other Revenue	20.61	20.61	19.01	16.1	17.6	8.9
Revenue	573.39	644.44	822.76	985.71	1,114	748.03
Revenue Growth (YoY)	-12.74%	-21.67%	-16.53%	-11.49%	48.89%	6.30%
Cost of Revenue	474.19	548.2	691.26	837.29	950.97	614.66
Gross Profit	99.21	96.23	131.49	148.42	162.75	133.37
Selling, General & Admin	54.98	49.79	46.15	50.49	50.93	38.6
Research & Development	10.38	12.19	13.06	14.14	17.04	16.82
Other Operating Expenses	1.53	1.25	0.78	4.85	4.44	4.51
Operating Expenses	72.79	67.03	64.36	74.46	77.8	60.86
Operating Income	26.41	29.21	67.14	73.96	84.95	72.51
Interest Expense	-0.02	-0.02	-0.13	-0.32	-0.35	-1.25
Interest & Investment Income	10.13	12.49	4.34	4.17	5.2	5.26
Currency Exchange Gain (Loss)	0.41	0.41	0	-	-	-
Other Non Operating Income (Expenses)	-1.88	-0.06	-0.44	-0.28	4.04	2.68
EBT Excluding Unusual Items	35.06	42.03	70.91	77.53	93.83	79.2
Gain (Loss) on Sale of Investments	1.33	-0.32	-1.67	0.16	-0.16	-
Gain (Loss) on Sale of Assets	-	-	-	0.01	-0	0.05
Asset Writedown	-0.95	-	-	-	0.01	0.08
Other Unusual Items	3.78	3.78	1.64	3.02	0.61	0.32
Pretax Income	39.21	45.49	70.89	80.72	94.29	79.66
Income Tax Expense	7.04	6.54	10.49	9.61	12.93	11.16
Earnings From Continuing Operations	32.17	38.95	60.39	71.1	81.35	68.5
Minority Interest in Earnings	0.03	-0.15	-	-	-	-
Net Income	32.2	38.8	60.39	71.1	81.35	68.5
Net Income to Common	32.2	38.8	60.39	71.1	81.35	68.5
Net Income Growth	-21.69%	-35.75%	-15.06%	-12.60%	18.77%	62.11%
Shares Outstanding (Basic)	215	216	168	162	160	159
Shares Outstanding (Diluted)	215	216	168	162	160	159
Shares Change (YoY)	2.66%	28.50%	3.82%	1.30%	0.14%	-1.98%
EPS (Basic)	0.15	0.18	0.36	0.44	0.51	0.43
EPS (Diluted)	0.15	0.18	0.36	0.44	0.51	0.43
EPS Growth	-23.72%	-50.00%	-18.18%	-13.73%	18.61%	65.39%
Free Cash Flow	-47.9	53.52	46.01	83.16	-36.53	105.25
Free Cash Flow Per Share	-0.22	0.25	0.27	0.52	-0.23	0.66
Dividend Per Share	0.055	0.070	0.100	-	-	0.318
Dividend Growth	-59.26%	-30.00%	-	-	-	112.00%
Gross Margin	17.30%	14.93%	15.98%	15.06%	14.61%	17.83%
Operating Margin	4.61%	4.53%	8.16%	7.50%	7.63%	9.69%
Profit Margin	5.62%	6.02%	7.34%	7.21%	7.31%	9.16%
Free Cash Flow Margin	-8.35%	8.30%	5.59%	8.44%	-3.28%	14.07%
EBITDA	44.03	45.57	81.81	85.5	96.23	83.34
EBITDA Margin	7.68%	7.07%	9.94%	8.67%	8.64%	11.14%
D&A For EBITDA	17.62	16.36	14.67	11.54	11.28	10.83
EBIT	26.41	29.21	67.14	73.96	84.95	72.51
EBIT Margin	4.61%	4.53%	8.16%	7.50%	7.63%	9.69%
Effective Tax Rate	17.95%	14.38%	14.80%	11.91%	13.72%	14.01%
Revenue as Reported	573.39	644.44	822.76	985.71	1,114	748.03
Advertising Expenses	-	2.04	1.39	1.49	0.68	0.55

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