SHA:603311 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	846.37	782.87	723.56	788.78	755.73	690.21
Other Revenue	5.67	5.67	1.63	0.55	1.9	3.13
Revenue	852.04	788.54	725.19	789.33	757.64	693.34
Revenue Growth (YoY)	13.37%	8.73%	-8.13%	4.18%	9.27%	6.86%
Cost of Revenue	660.78	612.85	542.87	613.14	553.91	474.47
Gross Profit	191.27	175.69	182.32	176.19	203.72	218.87
Selling, General & Admin	107.34	95.76	95.67	101.2	90.31	83.4
Research & Development	19.7	19.25	20.18	14.2	22.14	14.45
Other Operating Expenses	9.16	3.57	6.8	4.6	5.27	4.72
Operating Expenses	136.45	119.61	122.4	119.25	118.06	104.26
Operating Income	54.82	56.09	59.93	56.94	85.66	114.61
Interest Expense	-3.5	-4.34	-6.4	-8.1	-6.6	-7.71
Interest & Investment Income	10.28	9.17	7.73	28.41	3.27	3.79
Currency Exchange Gain (Loss)	1.01	1.01	0.18	5.96	-5.83	-4.04
Other Non Operating Income (Expenses)	0.55	-0.47	-0.24	-0.77	-0.47	-0.52
EBT Excluding Unusual Items	63.16	61.45	61.2	82.44	76.04	106.12
Gain (Loss) on Sale of Investments	-1.05	-3.55	-0.77	-5.55	-0.02	-
Gain (Loss) on Sale of Assets	30.6	4.51	-0.52	-0.45	0.13	0.24
Asset Writedown	-5.04	-	-7.21	-	0.29	-0.28
Other Unusual Items	8.19	3.86	8.75	13.62	8.04	8.82
Pretax Income	95.86	66.28	61.45	90.06	84.48	114.89
Income Tax Expense	5.13	1.24	12.25	14.45	12.98	21.54
Earnings From Continuing Operations	90.72	65.04	49.2	75.62	71.5	93.35
Net Income	90.72	65.04	49.2	75.62	71.5	93.35
Net Income to Common	90.72	65.04	49.2	75.62	71.5	93.35
Net Income Growth	59.42%	32.20%	-34.94%	5.76%	-23.41%	16.53%
Shares Outstanding (Basic)	238	232	234	210	210	212
Shares Outstanding (Diluted)	238	232	234	210	210	212
Shares Change (YoY)	4.57%	-0.85%	11.54%	-0.12%	-0.88%	0.64%
EPS (Basic)	0.38	0.28	0.21	0.36	0.34	0.44
EPS (Diluted)	0.38	0.28	0.21	0.36	0.34	0.44
EPS Growth	52.45%	33.33%	-41.67%	5.88%	-22.73%	15.79%
Free Cash Flow	58.23	43.03	5.81	98.74	-6.26	76.79
Free Cash Flow Per Share	0.24	0.18	0.03	0.47	-0.03	0.36
Dividend Per Share	0.120	0.120	0.080	0.120	0.120	0.200
Dividend Growth	50.00%	50.00%	-33.33%	-	-40.00%	25.00%
Gross Margin	22.45%	22.28%	25.14%	22.32%	26.89%	31.57%
Operating Margin	6.43%	7.11%	8.26%	7.21%	11.31%	16.53%
Profit Margin	10.65%	8.25%	6.78%	9.58%	9.44%	13.46%
Free Cash Flow Margin	6.83%	5.46%	0.80%	12.51%	-0.83%	11.07%
EBITDA	95.78	96.61	99.86	91.26	122.13	146.92
EBITDA Margin	11.24%	12.25%	13.77%	11.56%	16.12%	21.19%
D&A For EBITDA	40.96	40.52	39.93	34.32	36.47	32.31
EBIT	54.82	56.09	59.93	56.94	85.66	114.61
EBIT Margin	6.43%	7.11%	8.26%	7.21%	11.31%	16.53%
Effective Tax Rate	5.36%	1.87%	19.94%	16.04%	15.36%	18.75%
Revenue as Reported	852.04	788.54	725.19	789.33	757.64	693.34
Advertising Expenses	-	0.12	0.97	1.39	1.12	1.48

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