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	Jun '26 Jun 30, 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	4,087	3,443	3,470	3,145	2,689	2,024
Other Revenue	-1.67	5.78	6.01	3.26	1.35	1.61
Revenue	4,086	3,449	3,476	3,149	2,691	2,026
Revenue Growth	20.18%	-0.79%	10.41%	17.02%	32.84%	-14.34%
Cost of Revenue	2,368	2,052	2,098	1,960	1,773	1,375
Gross Profit	1,718	1,397	1,378	1,189	917.7	650.8
Selling, General & Admin	712.26	654.81	632.42	678.76	535.69	503.28
Research & Development	40.83	37.17	35.86	31.78	31.97	26.21
Other Operating Expenses	40.65	33.85	33.49	27.83	20.94	15.61
Operating Expenses	792.72	723.83	706.39	738.52	588.75	545.26
Operating Income	924.9	672.78	671.57	450.33	328.94	105.53
Interest Expense	-	-0.23	-	-	-0	-0.3
Interest & Investment Income	74.72	83.56	82.92	81.78	72.62	72.84
Currency Exchange Gain (Loss)	-2.12	-0.61	0.19	0.02	-0.04	-0.08
Other Non Operating Income (Expenses)	1.47	1.29	-3.44	-1.52	-0.62	-0.63
EBT Excluding Unusual Items	998.97	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	5.71	-0.04	-3.24	-3.13	-1.54	-2.76
Asset Writedown	-	-	-	-	0.04	0
Other Unusual Items	9.5	6.27	9.71	8.06	4.4	41.53
Pretax Income	985.78	734.62	757.71	535.54	403.8	216.13
Income Tax Expense	178.52	131.86	112.98	70.03	63.19	31.74
Earnings From Continuing Operations	807.26	602.77	644.73	465.51	340.61	184.39
Minority Interest in Earnings	-46.77	-33.05	-20.09	-8.82	1.09	0.21
Net Income	760.49	569.71	624.64	456.7	341.7	184.6
Net Income to Common	760.49	569.71	624.64	456.7	341.7	184.6
Net Income Growth	33.93%	-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	-0.21%	0.07%	0.10%	-0.11%	0.29%	3.76%
EPS (Basic)	0.72	0.54	0.59	0.43	0.32	0.17
EPS (Diluted)	0.72	0.54	0.59	0.43	0.32	0.17
EPS Growth	34.22%	-8.85%	36.64%	33.80%	84.58%	-51.16%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	720.84	479.41	667.25	503.51	323.52	-77.04
Free Cash Flow Per Share	0.68	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	0%	0%	37.50%	74.98%	540.34%	-76.01%
Gross Margin	42.04%	40.50%	39.64%	37.76%	34.11%	32.13%
Operating Margin	22.64%	19.51%	19.32%	14.30%	12.22%	5.21%
Profit Margin	18.61%	16.52%	17.97%	14.51%	12.70%	9.11%
Free Cash Flow Margin	17.64%	13.90%	19.19%	15.99%	12.02%	-3.80%
EBITDA	1,012	758.65	749.46	515.62	377.27	140.05
EBITDA Margin	24.77%	22.00%	21.56%	16.38%	14.02%	6.91%
D&A For EBITDA	87.07	85.88	77.89	65.29	48.33	34.52
EBIT	924.9	672.78	671.57	450.33	328.94	105.53
EBIT Margin	22.64%	19.51%	19.32%	14.30%	12.22%	5.21%
Effective Tax Rate	18.11%	17.95%	14.91%	13.08%	15.65%	14.69%
Revenue as Reported	4,086	3,449	3,476	3,149	2,691	2,026
Advertising Expenses	-	-	-	-	193.21	235.13