SHA:603312 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	2,738	2,120	1,821	1,581
Other Revenue	43.63	44.22	14.73	11.64
Revenue	2,782	2,165	1,835	1,593
Revenue Growth (YoY)	28.52%	17.94%	15.24%	-
Cost of Revenue	2,347	1,796	1,503	1,314
Gross Profit	434.45	368.69	331.95	279.04
Selling, General & Admin	47.18	40.86	37.42	32.1
Research & Development	74.24	62.39	51.45	47.65
Other Operating Expenses	8.2	6.18	5.87	6.64
Operating Expenses	121.88	128.99	92.11	103.24
Operating Income	312.57	239.7	239.84	175.8
Interest Expense	-0.01	-1.21	-3.56	-2.13
Interest & Investment Income	7.89	15.38	0.62	0.11
Currency Exchange Gain (Loss)	-1.39	1.95	0.57	3.49
Other Non Operating Income (Expenses)	-0.99	-0.2	-0.34	-0.44
EBT Excluding Unusual Items	318.06	255.62	237.14	176.83
Gain (Loss) on Sale of Investments	-	-	-3.53	-2.67
Gain (Loss) on Sale of Assets	-1.35	-1.49	-0.7	-0.03
Asset Writedown	-9.05	-	-	-
Other Unusual Items	-7.05	7.51	1.3	1.19
Pretax Income	300.61	261.63	234.2	175.32
Income Tax Expense	39.77	33.82	36.08	20.81
Net Income	260.84	227.81	198.12	154.5
Net Income to Common	260.84	227.81	198.12	154.5
Net Income Growth	14.50%	14.99%	28.23%	-
Shares Outstanding (Basic)	161	158	122	122
Shares Outstanding (Diluted)	161	158	122	122
Shares Change (YoY)	1.77%	30.16%	-0.09%	-
EPS (Basic)	1.62	1.44	1.63	1.27
EPS (Diluted)	1.62	1.44	1.63	1.27
EPS Growth	12.50%	-11.66%	28.35%	-
Free Cash Flow	6.21	40.03	-44.65	-27.72
Free Cash Flow Per Share	0.04	0.25	-0.37	-0.23
Dividend Per Share	0.800	0.770	0.650	-
Dividend Growth	3.90%	18.46%	-	-
Gross Margin	15.62%	17.03%	18.09%	17.52%
Operating Margin	11.24%	11.07%	13.07%	11.04%
Profit Margin	9.38%	10.53%	10.79%	9.70%
Free Cash Flow Margin	0.22%	1.85%	-2.43%	-1.74%
EBITDA	353.02	270.59	259.16	183.46
EBITDA Margin	12.69%	12.50%	14.12%	11.52%
D&A For EBITDA	40.45	30.89	19.32	7.67
EBIT	312.57	239.7	239.84	175.8
EBIT Margin	11.24%	11.07%	13.07%	11.04%
Effective Tax Rate	13.23%	12.93%	15.41%	11.87%
Revenue as Reported	2,782	2,165	1,835	1,593

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