SHA:603312 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	2,566	2,738	2,120	1,821	1,581
Other Revenue	43.63	43.63	44.22	14.73	11.64
Revenue	2,610	2,782	2,165	1,835	1,593
Revenue Growth (YoY)	5.27%	28.52%	17.94%	15.24%	-
Cost of Revenue	2,204	2,347	1,796	1,503	1,314
Gross Profit	406.56	434.45	368.69	331.95	279.04
Selling, General & Admin	50.33	47.18	40.86	37.42	32.1
Research & Development	75.58	74.24	62.39	51.45	47.65
Other Operating Expenses	5.56	8.2	6.18	5.87	6.64
Operating Expenses	123.72	121.88	128.99	92.11	103.24
Operating Income	282.84	312.57	239.7	239.84	175.8
Interest Expense	-0.01	-0.01	-1.21	-3.56	-2.13
Interest & Investment Income	8.26	7.89	15.38	0.62	0.11
Currency Exchange Gain (Loss)	-1.39	-1.39	1.95	0.57	3.49
Other Non Operating Income (Expenses)	17.72	-0.99	-0.2	-0.34	-0.44
EBT Excluding Unusual Items	307.42	318.06	255.62	237.14	176.83
Gain (Loss) on Sale of Investments	-	-	-	-3.53	-2.67
Gain (Loss) on Sale of Assets	-0.56	-1.35	-1.49	-0.7	-0.03
Asset Writedown	-10.09	-9.05	-	-	-
Other Unusual Items	-7.05	-7.05	7.51	1.3	1.19
Pretax Income	289.71	300.61	261.63	234.2	175.32
Income Tax Expense	40.94	39.77	33.82	36.08	20.81
Net Income	248.76	260.84	227.81	198.12	154.5
Net Income to Common	248.76	260.84	227.81	198.12	154.5
Net Income Growth	-0.51%	14.50%	14.99%	28.23%	-
Shares Outstanding (Basic)	161	161	158	122	122
Shares Outstanding (Diluted)	162	161	158	122	122
Shares Change (YoY)	0.16%	1.77%	30.16%	-0.09%	-
EPS (Basic)	1.55	1.62	1.44	1.63	1.27
EPS (Diluted)	1.54	1.62	1.44	1.63	1.27
EPS Growth	-0.67%	12.50%	-11.66%	28.35%	-
Free Cash Flow	160.92	6.21	40.03	-44.65	-27.72
Free Cash Flow Per Share	0.99	0.04	0.25	-0.37	-0.23
Dividend Per Share	0.800	0.800	0.770	0.650	-
Dividend Growth	3.90%	3.90%	18.46%	-	-
Gross Margin	15.58%	15.62%	17.03%	18.09%	17.52%
Operating Margin	10.84%	11.24%	11.07%	13.07%	11.04%
Profit Margin	9.53%	9.38%	10.53%	10.79%	9.70%
Free Cash Flow Margin	6.17%	0.22%	1.85%	-2.43%	-1.74%
EBITDA	325.68	353.02	270.59	259.16	183.46
EBITDA Margin	12.48%	12.69%	12.50%	14.12%	11.52%
D&A For EBITDA	42.84	40.45	30.89	19.32	7.67
EBIT	282.84	312.57	239.7	239.84	175.8
EBIT Margin	10.84%	11.24%	11.07%	13.07%	11.04%
Effective Tax Rate	14.13%	13.23%	12.93%	15.41%	11.87%
Revenue as Reported	2,782	2,782	2,165	1,835	1,593

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