SHA:603341 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	42,125	45,402	26,841	28,951	24,338
Other Revenue	-	980.27	343.78	392.23	257.99
Revenue	42,125	46,382	27,185	29,343	24,596
Revenue Growth (YoY)	-9.18%	70.62%	-7.36%	19.30%	49.78%
Cost of Revenue	38,426	43,635	24,549	26,959	22,814
Gross Profit	3,699	2,747	2,637	2,384	1,782
Selling, General & Admin	763.08	553.88	489.53	430.61	339.24
Research & Development	2,715	2,065	1,674	1,487	1,059
Other Operating Expenses	-287.34	101.29	86.55	44.63	53.43
Operating Expenses	3,193	2,721	2,254	1,962	1,453
Operating Income	506.43	26.12	382.68	422.13	328.17
Interest Expense	-60.81	-74.64	-39.9	-37.95	-31.29
Interest & Investment Income	207.83	208.58	159.53	126.46	108.81
Currency Exchange Gain (Loss)	-	-10.76	-7.36	0.99	2
Other Non Operating Income (Expenses)	-55.25	2.91	8.37	0.63	-5.21
EBT Excluding Unusual Items	598.2	152.22	503.33	512.26	402.47
Merger & Restructuring Charges	-	-	-6.75	-	-
Gain (Loss) on Sale of Investments	104.94	0.52	30.69	-37.66	107.59
Gain (Loss) on Sale of Assets	-0.06	-2.65	-12.4	-12.8	-0.45
Asset Writedown	-75.89	-39.11	-	-	-5.04
Other Unusual Items	-	403.03	136.21	126.51	66.92
Pretax Income	627.2	514	651.08	588.32	571.5
Income Tax Expense	38.86	20.65	48.37	26.81	23.66
Earnings From Continuing Operations	588.33	493.35	602.71	561.51	547.84
Minority Interest in Earnings	-3.22	7.78	2.61	-0.21	-0.82
Net Income	585.12	501.13	605.32	561.3	547.03
Net Income to Common	585.12	501.13	605.32	561.3	547.03
Net Income Growth	16.76%	-17.21%	7.84%	2.61%	83.75%
Shares Outstanding (Basic)	461	456	406	404	383
Shares Outstanding (Diluted)	461	456	406	404	383
Shares Change (YoY)	1.13%	12.14%	0.60%	5.56%	6.65%
EPS (Basic)	1.27	1.10	1.49	1.39	1.43
EPS (Diluted)	1.27	1.10	1.49	1.39	1.43
EPS Growth	15.46%	-26.17%	7.19%	-2.80%	72.29%
Free Cash Flow	155.89	319.07	786.85	364.32	711.96
Free Cash Flow Per Share	0.34	0.70	1.94	0.90	1.86
Dividend Per Share	-	0.500	0.500	-	0.400
Dividend Growth	-	-	-	-	49.25%
Gross Margin	8.78%	5.92%	9.70%	8.13%	7.24%
Operating Margin	1.20%	0.06%	1.41%	1.44%	1.33%
Profit Margin	1.39%	1.08%	2.23%	1.91%	2.22%
Free Cash Flow Margin	0.37%	0.69%	2.89%	1.24%	2.90%
EBITDA	919.11	354.44	675.59	673.67	518.58
EBITDA Margin	2.18%	0.76%	2.48%	2.30%	2.11%
D&A For EBITDA	412.68	328.32	292.91	251.53	190.41
EBIT	506.43	26.12	382.68	422.13	328.17
EBIT Margin	1.20%	0.06%	1.41%	1.44%	1.33%
Effective Tax Rate	6.20%	4.02%	7.43%	4.56%	4.14%
Revenue as Reported	42,125	46,382	27,185	29,343	24,596

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