SHA:603320 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	951.41	989.11	868.57	928.24	1,012	666.83
Other Revenue	67.66	67.66	61.45	72.22	126.05	61.8
Revenue	1,019	1,057	930.02	1,000	1,138	728.63
Revenue Growth (YoY)	-1.83%	13.63%	-7.04%	-12.09%	56.20%	5.36%
Cost of Revenue	865.04	898.1	803.72	888.04	976.31	632.19
Gross Profit	154.03	158.67	126.3	112.42	161.78	96.44
Selling, General & Admin	21.29	22.48	23.24	21.47	20.5	15.74
Research & Development	45.62	46.88	45.68	44.62	45.38	32.73
Other Operating Expenses	2.74	1.35	2.89	7.04	3.65	5.26
Operating Expenses	68.27	70.57	72.21	74.51	70.26	55.56
Operating Income	85.76	88.1	54.09	37.9	91.53	40.87
Interest Expense	-6.98	-16.52	-16.64	-16.21	-15.38	-14.21
Interest & Investment Income	9.83	9.07	10.96	6.96	8.59	11.28
Currency Exchange Gain (Loss)	1.54	1.54	0.31	1.97	-0.45	-1.24
Other Non Operating Income (Expenses)	0.66	-0.65	-1.61	-0.43	-0.31	0.15
EBT Excluding Unusual Items	90.82	81.54	47.1	30.2	83.98	36.85
Gain (Loss) on Sale of Investments	0.76	1.39	-0	-0.06	0.06	0
Gain (Loss) on Sale of Assets	-1.74	-1.74	-	-	0.01	0.01
Asset Writedown	-0.25	-	-2.12	-	-	-
Other Unusual Items	-0.55	0.42	7.21	7.09	6.78	12.68
Pretax Income	89.04	81.61	52.18	37.31	90.82	49.54
Income Tax Expense	14.02	14.97	10.75	3	12.1	7.7
Earnings From Continuing Operations	75.02	66.64	41.43	34.31	78.72	41.84
Minority Interest in Earnings	-0.01	-0.01	0.11	-0.11	-0.1	-0.07
Net Income	75.01	66.63	41.54	34.2	78.62	41.77
Net Income to Common	75.01	66.63	41.54	34.2	78.62	41.77
Net Income Growth	1.01%	60.40%	21.47%	-56.50%	88.19%	1.84%
Shares Outstanding (Basic)	143	131	130	132	131	131
Shares Outstanding (Diluted)	143	131	130	132	131	131
Shares Change (YoY)	10.62%	0.64%	-1.31%	0.38%	0.37%	0.37%
EPS (Basic)	0.53	0.51	0.32	0.26	0.60	0.32
EPS (Diluted)	0.53	0.51	0.32	0.26	0.60	0.32
EPS Growth	-8.69%	59.38%	23.08%	-56.67%	87.50%	1.46%
Free Cash Flow	69.53	90.86	41.72	78.26	-82.18	-16.57
Free Cash Flow Per Share	0.49	0.69	0.32	0.59	-0.63	-0.13
Dividend Per Share	0.140	0.140	0.100	0.080	0.200	0.100
Dividend Growth	40.00%	40.00%	25.00%	-60.00%	100.00%	4.82%
Gross Margin	15.12%	15.02%	13.58%	11.24%	14.21%	13.23%
Operating Margin	8.42%	8.34%	5.82%	3.79%	8.04%	5.61%
Profit Margin	7.36%	6.30%	4.47%	3.42%	6.91%	5.73%
Free Cash Flow Margin	6.82%	8.60%	4.49%	7.82%	-7.22%	-2.27%
EBITDA	126.79	128.49	93.63	69.33	114.79	64.81
EBITDA Margin	12.44%	12.16%	10.07%	6.93%	10.09%	8.89%
D&A For EBITDA	41.03	40.39	39.54	31.43	23.26	23.94
EBIT	85.76	88.1	54.09	37.9	91.53	40.87
EBIT Margin	8.42%	8.34%	5.82%	3.79%	8.04%	5.61%
Effective Tax Rate	15.74%	18.34%	20.61%	8.05%	13.33%	15.54%
Revenue as Reported	1,019	1,057	930.02	1,000	1,138	728.63

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