SHA:603317 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	FY 2021
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	Dec '21 Dec 31, 2021
Operating Revenue	3,932	3,443	3,470	3,145	2,689	2,024
Other Revenue	5.78	5.78	6.01	3.26	1.35	1.61
Revenue	3,938	3,449	3,476	3,149	2,691	2,026
Revenue Growth (YoY)	20.61%	-0.79%	10.41%	17.02%	32.84%	-14.34%
Cost of Revenue	2,293	2,052	2,098	1,960	1,773	1,375
Gross Profit	1,644	1,397	1,378	1,189	917.7	650.8
Selling, General & Admin	655.52	654.81	632.42	678.76	535.69	503.28
Research & Development	39.11	37.17	35.86	31.78	31.97	26.21
Other Operating Expenses	37.51	33.85	33.49	27.83	20.94	15.61
Operating Expenses	730.13	723.83	706.39	738.52	588.75	545.26
Operating Income	914.16	672.78	671.57	450.33	328.94	105.53
Interest Expense	-0.23	-0.23	-	-	-0	-0.3
Interest & Investment Income	75.59	83.56	82.92	81.78	72.62	72.84
Currency Exchange Gain (Loss)	-0.61	-0.61	0.19	0.02	-0.04	-0.08
Other Non Operating Income (Expenses)	-1.56	1.29	-3.44	-1.52	-0.62	-0.63
EBT Excluding Unusual Items	987.35	756.79	751.24	530.62	400.9	177.36
Gain (Loss) on Sale of Investments	-28.4	-28.4	-	-	-	-
Gain (Loss) on Sale of Assets	-1.46	-0.04	-3.24	-3.13	-1.54	-2.76
Asset Writedown	1.22	-	-	-	0.04	0
Other Unusual Items	6.27	6.27	9.71	8.06	4.4	41.53
Pretax Income	964.98	734.62	757.71	535.54	403.8	216.13
Income Tax Expense	178.67	131.86	112.98	70.03	63.19	31.74
Earnings From Continuing Operations	786.31	602.77	644.73	465.51	340.61	184.39
Minority Interest in Earnings	-41.22	-33.05	-20.09	-8.82	1.09	0.21
Net Income	745.09	569.71	624.64	456.7	341.7	184.6
Net Income to Common	745.09	569.71	624.64	456.7	341.7	184.6
Net Income Growth	42.36%	-8.79%	36.77%	33.65%	85.11%	-49.32%
Shares Outstanding (Basic)	1,058	1,058	1,054	1,050	1,052	1,055
Shares Outstanding (Diluted)	1,062	1,062	1,061	1,060	1,062	1,058
Shares Change (YoY)	-0.08%	0.07%	0.10%	-0.11%	0.29%	3.76%
EPS (Basic)	0.70	0.54	0.59	0.43	0.32	0.17
EPS (Diluted)	0.70	0.54	0.59	0.43	0.32	0.17
EPS Growth	42.47%	-8.85%	36.64%	33.80%	84.58%	-51.16%
Free Cash Flow	741.13	479.41	667.25	503.51	323.52	-77.04
Free Cash Flow Per Share	0.70	0.45	0.63	0.47	0.30	-0.07
Dividend Per Share	0.550	0.550	0.550	0.400	0.229	0.036
Dividend Growth	-	-	37.50%	74.98%	540.34%	-76.01%
Gross Margin	41.76%	40.50%	39.64%	37.76%	34.11%	32.13%
Operating Margin	23.22%	19.51%	19.32%	14.30%	12.22%	5.21%
Profit Margin	18.92%	16.52%	17.97%	14.51%	12.70%	9.11%
Free Cash Flow Margin	18.82%	13.90%	19.19%	15.99%	12.02%	-3.80%
EBITDA	1,002	758.65	749.46	515.62	377.27	140.05
EBITDA Margin	25.45%	22.00%	21.56%	16.38%	14.02%	6.91%
D&A For EBITDA	87.87	85.88	77.89	65.29	48.33	34.52
EBIT	914.16	672.78	671.57	450.33	328.94	105.53
EBIT Margin	23.22%	19.51%	19.32%	14.30%	12.22%	5.21%
Effective Tax Rate	18.52%	17.95%	14.91%	13.08%	15.65%	14.69%
Revenue as Reported	3,449	3,449	3,476	3,149	2,691	2,026
Advertising Expenses	-	-	-	-	193.21	235.13

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