SHA:603285 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	604.13	653.05	644.16	719.61	1,021	570.66
Other Revenue	19.65	19.65	29.92	34.08	22.31	5.08
Revenue	623.78	672.69	674.08	753.69	1,044	575.73
Revenue Growth (YoY)	-7.54%	-0.21%	-10.56%	-27.78%	81.27%	55.27%
Cost of Revenue	441.71	447.53	424.06	429.52	595.63	347.87
Gross Profit	182.07	225.17	250.02	324.17	448.02	227.86
Selling, General & Admin	34.96	40.31	28.12	36.92	47.38	58.48
Research & Development	8.53	8.17	8.1	10.24	9.03	4.54
Other Operating Expenses	3.96	4.09	3.54	7.1	5.86	3.36
Operating Expenses	46.98	52.74	40.5	51.06	65.13	67.57
Operating Income	135.09	172.42	209.52	273.11	382.89	160.29
Interest Expense	-0.03	-0.03	-0.02	-0.04	-0.14	-2.56
Interest & Investment Income	18.64	11.94	8.42	2.48	1.72	0.17
Currency Exchange Gain (Loss)	1.55	1.55	1.53	1.6	-4.23	-1.24
Other Non Operating Income (Expenses)	1.89	-0.64	-0.02	0.36	-0.43	0.37
EBT Excluding Unusual Items	157.14	185.24	219.42	277.51	379.81	157.03
Gain (Loss) on Sale of Investments	6.08	4.43	-	0.98	0.04	-0.08
Gain (Loss) on Sale of Assets	-0.46	0.08	-0.72	-0.12	-0.19	-
Asset Writedown	-3.63	-3.63	-	-0.34	-0.95	-0.22
Other Unusual Items	-0.6	-0.64	3.62	7.01	8.63	9.56
Pretax Income	158.54	185.48	222.32	285.04	387.34	166.29
Income Tax Expense	23.88	27.81	32.74	42.38	58.2	24.86
Earnings From Continuing Operations	134.66	157.67	189.58	242.65	329.14	141.43
Minority Interest in Earnings	-	-	-	-	-	3.92
Net Income	134.66	157.67	189.58	242.65	329.14	145.35
Net Income to Common	134.66	157.67	189.58	242.65	329.14	145.35
Net Income Growth	-21.15%	-16.83%	-21.87%	-26.28%	126.44%	85.61%
Shares Outstanding (Basic)	160	137	120	120	119	-
Shares Outstanding (Diluted)	160	137	120	120	119	-
Shares Change (YoY)	26.71%	14.27%	-0.11%	1.10%	-	-
EPS (Basic)	0.84	1.15	1.58	2.02	2.77	-
EPS (Diluted)	0.84	1.15	1.58	2.02	2.77	-
EPS Growth	-37.77%	-27.21%	-21.78%	-27.08%	-	-
Free Cash Flow	146.95	163.35	193.8	204.8	250.19	83.45
Free Cash Flow Per Share	0.92	1.19	1.61	1.71	2.11	-
Dividend Per Share	0.200	0.200	-	-	-	-
Gross Margin	29.19%	33.47%	37.09%	43.01%	42.93%	39.58%
Operating Margin	21.66%	25.63%	31.08%	36.24%	36.69%	27.84%
Profit Margin	21.59%	23.44%	28.12%	32.20%	31.54%	25.25%
Free Cash Flow Margin	23.56%	24.28%	28.75%	27.17%	23.97%	14.49%
EBITDA	162.67	200.2	235.51	298.85	405.99	177.59
EBITDA Margin	26.08%	29.76%	34.94%	39.65%	38.90%	30.84%
D&A For EBITDA	27.58	27.78	25.99	25.74	23.11	17.3
EBIT	135.09	172.42	209.52	273.11	382.89	160.29
EBIT Margin	21.66%	25.63%	31.08%	36.24%	36.69%	27.84%
Effective Tax Rate	15.06%	14.99%	14.73%	14.87%	15.03%	14.95%
Revenue as Reported	623.78	672.69	674.08	753.69	1,044	575.73
Advertising Expenses	-	0.58	0.55	0.22	0.41	0.41

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