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	3,587	3,206	2,941	2,825	2,702
Other Revenue	438.27	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	3,135	2,754	2,505	2,550	2,514
Gross Profit	890.27	752.57	672.44	507.89	393.82
Selling, General & Admin	209.76	181.06	182.02	168.19	123.06
Research & Development	174.88	150.07	126.13	113.15	95.49
Other Operating Expenses	26.35	24.11	24.83	17.64	12.28
Operating Expenses	414.13	360.31	333.08	295.81	235.23
Operating Income	476.14	392.26	339.35	212.08	158.59
Interest Expense	-12.36	-1.87	-4.28	-2.74	-
Interest & Investment Income	77.49	69.34	60.18	49.97	47.73
Currency Exchange Gain (Loss)	-37.71	31.5	8.01	56.59	-26.48
Other Non Operating Income (Expenses)	-1.51	0.52	-1.85	-2.65	-1.66
EBT Excluding Unusual Items	502.04	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	0.1	0.07	3.73	0.3	-6.97
Asset Writedown	-1.54	-9.59	-25.4	-34.71	-20.33
Legal Settlements	-	-	-	1.44	-
Other Unusual Items	20.19	13.73	13.64	13.41	19.01
Pretax Income	520.79	490.4	398.8	293.82	162.64
Income Tax Expense	55.11	53.03	43.8	25.27	12.03
Net Income	465.67	437.37	355	268.54	150.61
Net Income to Common	465.67	437.37	355	268.54	150.61
Net Income Growth	6.47%	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	6.58%	23.03%	32.34%	78.15%	-31.36%
Free Cash Flow	339.14	68.3	340.66	324.1	-224.13
Free Cash Flow Per Share	0.34	0.07	0.34	0.33	-0.23
Dividend Per Share	0.168	0.198	0.194	0.147	0.068
Dividend Growth	-15.15%	2.06%	31.97%	116.18%	-69.09%
Gross Margin	22.12%	21.46%	21.16%	16.61%	13.54%
Operating Margin	11.83%	11.19%	10.68%	6.93%	5.45%
Profit Margin	11.57%	12.47%	11.17%	8.78%	5.18%
Free Cash Flow Margin	8.43%	1.95%	10.72%	10.60%	-7.71%
EBITDA	701.76	589.46	527.55	391.68	287.77
EBITDA Margin	17.43%	16.81%	16.60%	12.81%	9.89%
D&A For EBITDA	225.62	197.2	188.19	179.6	129.18
EBIT	476.14	392.26	339.35	212.08	158.59
EBIT Margin	11.83%	11.19%	10.68%	6.93%	5.45%
Effective Tax Rate	10.58%	10.81%	10.98%	8.60%	7.40%
Revenue as Reported	4,025	3,506	3,177	3,058	2,908
Advertising Expenses	0.58	0.43	0.15	-	-

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