SHA:603282 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	1,027	800.23	971.59	913.37	477.84	413.69
Other Revenue	1.25	1.25	3.47	2.81	6.07	4.71
Revenue	1,028	801.48	975.07	916.18	483.91	418.4
Revenue Growth (YoY)	46.16%	-17.80%	6.43%	89.33%	15.66%	31.49%
Cost of Revenue	743.82	541.52	672.93	600.51	303.63	249.58
Gross Profit	284.03	259.96	302.14	315.68	180.28	168.82
Selling, General & Admin	74.87	83.58	85.47	94.34	68.69	60.18
Research & Development	35.48	42.59	46.63	41.05	24.09	21.3
Other Operating Expenses	-17.58	-14.8	-8.95	-4.88	-4.94	-8.47
Operating Expenses	153.82	165.25	133.46	135.3	77.5	74.31
Operating Income	130.21	94.72	168.68	180.38	102.78	94.51
Interest Expense	-	-0.27	-0.17	-0.34	-0.07	-
Interest & Investment Income	5.49	9.54	15.83	3.81	3.68	0.45
Currency Exchange Gain (Loss)	-2.02	-2.02	-0.07	0.17	-	-
Other Non Operating Income (Expenses)	3.08	1.86	-2.89	-1.72	-0.97	-0.01
EBT Excluding Unusual Items	136.77	103.83	181.38	182.3	105.41	94.95
Gain (Loss) on Sale of Investments	-0.39	-0.82	0.27	0.02	0.34	0.99
Gain (Loss) on Sale of Assets	7.88	8.16	-0.82	-0.25	-	-
Asset Writedown	-6.51	-	-	-	-0.36	-0.23
Other Unusual Items	3.13	3.18	1.97	4.9	1.02	4.72
Pretax Income	140.87	114.35	182.8	186.98	106.41	100.44
Income Tax Expense	18.62	13.77	21.81	21.09	13.68	18.07
Earnings From Continuing Operations	122.26	100.59	161	165.88	92.73	82.37
Minority Interest in Earnings	-0.07	1.45	0.42	1.71	0.87	1.67
Net Income	122.19	102.04	161.42	167.6	93.6	84.04
Net Income to Common	122.19	102.04	161.42	167.6	93.6	84.04
Net Income Growth	11.25%	-36.79%	-3.69%	79.06%	11.37%	30.97%
Shares Outstanding (Basic)	133	134	125	100	101	100
Shares Outstanding (Diluted)	133	134	125	100	101	100
Shares Change (YoY)	0.01%	7.30%	24.69%	-0.29%	0.59%	-0.21%
EPS (Basic)	0.92	0.76	1.29	1.67	0.93	0.84
EPS (Diluted)	0.92	0.76	1.29	1.67	0.93	0.84
EPS Growth	11.24%	-41.09%	-22.75%	79.57%	10.71%	31.25%
Free Cash Flow	103.72	5	-129.66	23.01	3.12	34.93
Free Cash Flow Per Share	0.78	0.04	-1.04	0.23	0.03	0.35
Dividend Per Share	0.235	0.235	0.670	-	-	-
Dividend Growth	-36.49%	-64.92%	-	-	-	-
Gross Margin	27.63%	32.44%	30.99%	34.46%	37.26%	40.35%
Operating Margin	12.67%	11.82%	17.30%	19.69%	21.24%	22.59%
Profit Margin	11.89%	12.73%	16.55%	18.29%	19.34%	20.09%
Free Cash Flow Margin	10.09%	0.62%	-13.30%	2.51%	0.64%	8.35%
EBITDA	161.51	122.49	191.75	196.77	111.62	101.33
EBITDA Margin	15.71%	15.28%	19.67%	21.48%	23.06%	24.22%
D&A For EBITDA	31.3	27.77	23.07	16.39	8.84	6.82
EBIT	130.21	94.72	168.68	180.38	102.78	94.51
EBIT Margin	12.67%	11.82%	17.30%	19.69%	21.24%	22.59%
Effective Tax Rate	13.21%	12.04%	11.93%	11.28%	12.86%	17.99%
Revenue as Reported	1,028	801.48	975.07	916.18	-	-

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