SHA:603299 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	4,491	5,180	5,574	5,822	4,609	3,820
Other Revenue	163.79	163.79	108.37	146.84	152.82	117.04
Revenue	4,654	5,344	5,682	5,969	4,761	3,937
Revenue Growth (YoY)	-16.05%	-5.96%	-4.80%	25.36%	20.93%	-6.00%
Cost of Revenue	3,081	3,454	3,768	3,996	3,503	3,021
Gross Profit	1,573	1,890	1,915	1,974	1,258	916.21
Selling, General & Admin	769.35	750.61	790.48	693.02	666.43	640.41
Research & Development	253.02	239.03	202.75	166.79	115.74	58.89
Other Operating Expenses	93.72	70.94	83.56	89.27	42.34	67.85
Operating Expenses	1,118	1,066	1,097	950.22	828.31	770.39
Operating Income	455.66	824.47	817.07	1,023	430.11	145.82
Interest Expense	-16.7	-35.3	-48.72	-48.55	-48.89	-63.86
Interest & Investment Income	46.76	63.28	68.05	41.27	20.67	17.83
Currency Exchange Gain (Loss)	2.55	2.55	6.41	-0.1	0.79	-0.83
Other Non Operating Income (Expenses)	-11.88	-16.03	-9.77	-11.09	-8.43	-1.87
EBT Excluding Unusual Items	476.39	838.96	833.04	1,005	394.26	97.1
Gain (Loss) on Sale of Investments	0.15	0.15	0.3	-1.09	0.27	-
Gain (Loss) on Sale of Assets	138.27	40.7	31.9	-3.13	0.43	4.64
Asset Writedown	-2.22	-0.82	-0.22	-6.75	-4.09	-0.46
Legal Settlements	-0.32	-0.32	-1.1	-0.74	-0.94	-2.51
Other Unusual Items	78.71	47.59	48.63	26.16	25.84	92.98
Pretax Income	690.98	926.26	912.55	1,019	415.78	191.75
Income Tax Expense	156.38	146.61	173.81	197.9	74.79	39.72
Earnings From Continuing Operations	534.59	779.66	738.74	821.42	340.99	152.03
Minority Interest in Earnings	-11.12	-10.64	-0.35	-17.49	-6.68	-3.67
Net Income	523.48	769.02	738.39	803.92	334.31	148.36
Net Income to Common	523.48	769.02	738.39	803.92	334.31	148.36
Net Income Growth	-38.43%	4.15%	-8.15%	140.47%	125.34%	-43.31%
Shares Outstanding (Basic)	786	782	774	774	774	774
Shares Outstanding (Diluted)	786	782	774	775	774	774
Shares Change (YoY)	2.80%	0.99%	-0.13%	0.12%	0.01%	-0.02%
EPS (Basic)	0.67	0.98	0.95	1.04	0.43	0.19
EPS (Diluted)	0.67	0.98	0.95	1.04	0.43	0.19
EPS Growth	-40.11%	3.13%	-8.03%	140.19%	125.31%	-43.30%
Free Cash Flow	-597.25	582.27	914.06	774.56	125.97	478.6
Free Cash Flow Per Share	-0.76	0.74	1.18	1.00	0.16	0.62
Dividend Per Share	0.443	0.443	0.425	0.360	0.150	0.058
Dividend Growth	4.23%	4.23%	18.06%	139.97%	158.66%	-43.14%
Gross Margin	33.80%	35.38%	33.69%	33.06%	26.43%	23.27%
Operating Margin	9.79%	15.43%	14.38%	17.14%	9.03%	3.70%
Profit Margin	11.25%	14.39%	12.99%	13.47%	7.02%	3.77%
Free Cash Flow Margin	-12.83%	10.90%	16.09%	12.98%	2.65%	12.16%
EBITDA	807.95	1,206	1,238	1,450	813.19	527.37
EBITDA Margin	17.36%	22.57%	21.79%	24.29%	17.08%	13.39%
D&A For EBITDA	352.29	381.67	420.85	426.44	383.07	381.55
EBIT	455.66	824.47	817.07	1,023	430.11	145.82
EBIT Margin	9.79%	15.43%	14.38%	17.14%	9.03%	3.70%
Effective Tax Rate	22.63%	15.83%	19.05%	19.41%	17.99%	20.72%
Revenue as Reported	4,654	5,344	5,682	5,969	4,761	3,937
Advertising Expenses	-	13.55	13.31	7.33	2.3	2.75

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