SHA:603328 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	FY 2021
Period Ending	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	4,025	3,206	2,941	2,825	2,702
Other Revenue	-	300.27	236.04	233.28	206.36
Revenue	4,025	3,506	3,177	3,058	2,908
Revenue Growth (YoY)	14.80%	10.36%	3.90%	5.16%	12.54%
Cost of Revenue	3,506	2,754	2,505	2,550	2,514
Gross Profit	519.57	752.57	672.44	507.89	393.82
Selling, General & Admin	-	181.06	182.02	168.19	123.06
Research & Development	-	150.07	126.13	113.15	95.49
Other Operating Expenses	-	24.11	24.83	17.64	12.28
Operating Expenses	-	360.31	333.08	295.81	235.23
Operating Income	519.57	392.26	339.35	212.08	158.59
Interest Expense	-	-1.87	-4.28	-2.74	-
Interest & Investment Income	-	69.34	60.18	49.97	47.73
Currency Exchange Gain (Loss)	-	31.5	8.01	56.59	-26.48
Other Non Operating Income (Expenses)	2.11	0.52	-1.85	-2.65	-1.66
EBT Excluding Unusual Items	521.69	491.75	401.42	313.25	178.18
Gain (Loss) on Sale of Investments	-	-5.55	5.42	0.13	-7.25
Gain (Loss) on Sale of Assets	-	0.07	3.73	0.3	-6.97
Asset Writedown	-	-9.59	-25.4	-34.71	-20.33
Legal Settlements	-	-	-	1.44	-
Other Unusual Items	-	13.73	13.64	13.41	19.01
Pretax Income	521.69	490.4	398.8	293.82	162.64
Income Tax Expense	53.85	53.03	43.8	25.27	12.03
Net Income	467.84	437.37	355	268.54	150.61
Net Income to Common	467.84	437.37	355	268.54	150.61
Net Income Growth	6.97%	23.20%	32.20%	78.31%	-32.91%
Shares Outstanding (Basic)	998	999	997	998	997
Shares Outstanding (Diluted)	998	999	997	998	997
Shares Change (YoY)	-0.10%	0.14%	-0.11%	0.09%	-2.26%
EPS (Basic)	0.47	0.44	0.36	0.27	0.15
EPS (Diluted)	0.47	0.44	0.36	0.27	0.15
EPS Growth	7.08%	23.03%	32.34%	78.15%	-31.36%
Free Cash Flow	-	68.3	340.66	324.1	-224.13
Free Cash Flow Per Share	-	0.07	0.34	0.33	-0.23
Dividend Per Share	-	0.198	0.194	0.147	0.068
Dividend Growth	-	2.06%	31.97%	116.18%	-69.09%
Gross Margin	12.91%	21.46%	21.16%	16.61%	13.54%
Operating Margin	12.91%	11.19%	10.68%	6.93%	5.45%
Profit Margin	11.62%	12.47%	11.17%	8.78%	5.18%
Free Cash Flow Margin	-	1.95%	10.72%	10.60%	-7.71%
EBITDA	715.05	587.73	527.55	391.68	287.77
EBITDA Margin	17.76%	16.76%	16.60%	12.81%	9.89%
D&A For EBITDA	195.48	195.48	188.19	179.6	129.18
EBIT	519.57	392.26	339.35	212.08	158.59
EBIT Margin	12.91%	11.19%	10.68%	6.93%	5.45%
Effective Tax Rate	10.32%	10.81%	10.98%	8.60%	7.40%
Revenue as Reported	-	3,506	3,177	3,058	2,908
Advertising Expenses	-	0.43	0.15	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.