SHA:603350 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	1,923	1,517	1,418	1,386	1,167	760.51
Other Revenue	11.39	11.39	9.53	11.88	13.04	8.35
Revenue	1,934	1,528	1,427	1,398	1,180	768.86
Revenue Growth (YoY)	32.41%	7.07%	2.12%	18.45%	53.49%	41.96%
Cost of Revenue	1,641	1,261	1,146	1,102	936.87	615.86
Gross Profit	293.59	267.53	281.92	295.84	243.23	153
Selling, General & Admin	104.79	102.24	79.14	62.02	47.92	30.63
Research & Development	75.72	63.09	54.76	49.39	42.22	28.62
Other Operating Expenses	-0.49	2.24	3.07	8.51	3.94	2.78
Operating Expenses	185.19	172.67	140.97	120.1	97.96	62
Operating Income	108.4	94.86	140.95	175.75	145.27	91
Interest Expense	-1.01	-1.47	-0.44	-0.54	-0.59	-0.88
Interest & Investment Income	22.56	23.9	13.68	1.45	0.77	0.18
Currency Exchange Gain (Loss)	1.2	1.2	3.36	6.98	-2.24	-2.29
Other Non Operating Income (Expenses)	-2.33	-0.64	-0.58	-0.18	-0.32	-0.07
EBT Excluding Unusual Items	128.82	117.84	156.97	183.46	142.89	87.94
Gain (Loss) on Sale of Investments	-2.46	-3.97	-7.77	-14.33	0.33	-0.63
Gain (Loss) on Sale of Assets	-	-0.02	-0.04	0.01	-0.05	0.04
Asset Writedown	1.62	-	-	-0.22	-2.21	-1.03
Other Unusual Items	9.25	9.25	19.79	4.64	7.81	3.34
Pretax Income	137.38	123.24	168.96	173.56	148.77	89.68
Income Tax Expense	16.24	13.29	21.41	22.88	19.37	11.54
Earnings From Continuing Operations	121.14	109.96	147.55	150.68	129.4	78.14
Minority Interest in Earnings	-0.09	0	0.37	0.19	-	-
Net Income	121.05	109.96	147.92	150.87	129.4	78.14
Net Income to Common	121.05	109.96	147.92	150.87	129.4	78.14
Net Income Growth	-4.21%	-25.66%	-1.96%	16.59%	65.60%	217.45%
Shares Outstanding (Basic)	116	102	87	87	83	82
Shares Outstanding (Diluted)	117	102	87	87	83	82
Shares Change (YoY)	24.81%	17.01%	-0.23%	4.46%	1.50%	0.25%
EPS (Basic)	1.04	1.08	1.70	1.73	1.55	0.95
EPS (Diluted)	1.03	1.08	1.70	1.73	1.55	0.95
EPS Growth	-23.25%	-36.47%	-1.73%	11.61%	63.16%	216.67%
Free Cash Flow	40.68	62.82	321.42	48.79	77.08	105.16
Free Cash Flow Per Share	0.35	0.62	3.69	0.56	0.92	1.28
Dividend Per Share	0.700	0.950	-	-	-	0.550
Dividend Growth	27.27%	-	-	-	-	450.00%
Gross Margin	15.18%	17.51%	19.75%	21.16%	20.61%	19.90%
Operating Margin	5.60%	6.21%	9.87%	12.57%	12.31%	11.84%
Profit Margin	6.26%	7.20%	10.36%	10.79%	10.96%	10.16%
Free Cash Flow Margin	2.10%	4.11%	22.52%	3.49%	6.53%	13.68%
EBITDA	122.46	108.59	154.24	187.27	155.27	100.16
EBITDA Margin	6.33%	7.11%	10.80%	13.40%	13.16%	13.03%
D&A For EBITDA	14.06	13.73	13.29	11.52	10	9.15
EBIT	108.4	94.86	140.95	175.75	145.27	91
EBIT Margin	5.60%	6.21%	9.87%	12.57%	12.31%	11.84%
Effective Tax Rate	11.82%	10.78%	12.67%	13.18%	13.02%	12.86%
Revenue as Reported	1,934	1,528	1,427	1,398	1,180	768.86
Advertising Expenses	-	7.77	3.4	0.77	0.24	-

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