SHA:603297 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	893.11	869.76	832.92	806.1	778.9	560.03
Other Revenue	22.01	22.01	21.21	22.97	16.19	16.38
Revenue	915.11	891.76	854.13	829.07	795.09	576.41
Revenue Growth (YoY)	2.35%	4.41%	3.02%	4.27%	37.94%	0.59%
Cost of Revenue	561.18	555.34	531.95	483.34	456.23	334.68
Gross Profit	353.93	336.43	322.18	345.73	338.86	241.73
Selling, General & Admin	75.57	78.68	86.85	75.68	74.79	72.29
Research & Development	94.33	98.5	91.76	79.39	63.07	47.29
Other Operating Expenses	28.3	4.62	7.48	10.15	8.95	6.59
Operating Expenses	201.52	181.33	186.59	167.07	148.54	126.04
Operating Income	152.41	155.1	135.59	178.66	190.32	115.69
Interest Expense	-2.99	-2.38	-1.15	-4.37	-2.17	-0.68
Interest & Investment Income	43.57	48.56	41	34.64	21.52	24.96
Currency Exchange Gain (Loss)	14.05	14.05	7.9	49.22	-11.5	-15.7
Other Non Operating Income (Expenses)	-4	-0.3	-0.28	-0.3	-0.29	0.76
EBT Excluding Unusual Items	203.04	215.02	183.06	257.85	197.89	125.03
Impairment of Goodwill	-	-	-	-1.71	-	-
Gain (Loss) on Sale of Investments	-14.11	-14.71	-25	10.08	-0.34	-
Gain (Loss) on Sale of Assets	-0.14	-0.06	60.9	-0.09	79.31	0.62
Asset Writedown	-0.23	-0.03	-0.5	-0.86	-0.05	-0.02
Other Unusual Items	57.95	33.21	33.34	42.76	27.67	60.37
Pretax Income	246.51	233.44	251.8	308.04	304.47	186
Income Tax Expense	27.29	25.4	17.1	29.53	43.44	24.32
Earnings From Continuing Operations	219.22	208.05	234.7	278.51	261.03	161.68
Minority Interest in Earnings	0.14	0.53	0.65	0.48	0.43	-
Net Income	219.37	208.58	235.35	278.98	261.46	161.68
Net Income to Common	219.37	208.58	235.35	278.98	261.46	161.68
Net Income Growth	8.68%	-11.37%	-15.64%	6.70%	61.71%	16.28%
Shares Outstanding (Basic)	111	111	110	110	109	109
Shares Outstanding (Diluted)	111	112	110	110	110	110
Shares Change (YoY)	0.81%	1.42%	-0.27%	0.38%	-0.12%	0.46%
EPS (Basic)	1.98	1.88	2.14	2.54	2.39	1.48
EPS (Diluted)	1.97	1.87	2.14	2.53	2.38	1.47
EPS Growth	7.81%	-12.62%	-15.42%	6.30%	61.91%	15.75%
Free Cash Flow	194.16	127.23	61.08	73.43	101.02	131.04
Free Cash Flow Per Share	1.74	1.14	0.56	0.67	0.92	1.19
Dividend Per Share	0.850	0.850	0.955	0.960	0.900	0.530
Dividend Growth	-11.00%	-11.00%	-0.52%	6.67%	69.81%	20.46%
Gross Margin	38.68%	37.73%	37.72%	41.70%	42.62%	41.94%
Operating Margin	16.66%	17.39%	15.88%	21.55%	23.94%	20.07%
Profit Margin	23.97%	23.39%	27.56%	33.65%	32.88%	28.05%
Free Cash Flow Margin	21.22%	14.27%	7.15%	8.86%	12.71%	22.73%
EBITDA	190.91	191.47	169.15	202.74	211.62	134.81
EBITDA Margin	20.86%	21.47%	19.80%	24.45%	26.62%	23.39%
D&A For EBITDA	38.49	36.38	33.56	24.08	21.3	19.12
EBIT	152.41	155.1	135.59	178.66	190.32	115.69
EBIT Margin	16.66%	17.39%	15.88%	21.55%	23.94%	20.07%
Effective Tax Rate	11.07%	10.88%	6.79%	9.59%	14.27%	13.07%
Revenue as Reported	915.11	891.76	854.13	829.07	795.09	576.41
Advertising Expenses	-	3.57	3.75	2.13	3.23	2.54

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