SHA:603351 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	1,305	1,287	1,152	1,103	1,032	729.59
Other Revenue	9.94	9.94	4.21	8.36	10.24	6.47
Revenue	1,315	1,297	1,156	1,111	1,042	736.06
Revenue Growth (YoY)	-0.97%	12.19%	4.04%	6.59%	41.60%	-16.43%
Cost of Revenue	925.73	938.49	842.97	810.66	762.68	513.45
Gross Profit	388.9	358.26	312.87	300.36	279.63	222.62
Selling, General & Admin	122.6	115.84	121.5	126.32	107.53	72.8
Research & Development	84.85	71.56	55.64	53.87	40.73	34.83
Other Operating Expenses	1.92	1.25	3.23	7.6	6.77	5.76
Operating Expenses	209.89	188.99	180.67	183.31	157.17	114.63
Operating Income	179.01	169.27	132.2	117.04	122.46	107.99
Interest Expense	-11.65	-13.84	-15.25	-12.48	-7.04	-5
Interest & Investment Income	0.62	0.93	0.78	0.63	1.47	8.5
Currency Exchange Gain (Loss)	1.54	1.54	0.53	2.48	-0.51	-0.92
Other Non Operating Income (Expenses)	-0.88	-0.48	-0.03	-0.2	-0.71	0.03
EBT Excluding Unusual Items	168.64	157.42	118.23	107.47	115.67	110.59
Gain (Loss) on Sale of Investments	4.24	12	1.44	-0.11	1.7	4.24
Gain (Loss) on Sale of Assets	-0.15	-0.17	-0.18	-0.1	-0.18	-0.83
Asset Writedown	1.38	-	-	-	-	-
Other Unusual Items	2.87	2.87	1.95	5.59	1.54	4.28
Pretax Income	176.98	172.13	121.44	112.85	118.74	118.28
Income Tax Expense	31.07	26.93	12.33	18.42	18.59	17.83
Earnings From Continuing Operations	145.91	145.21	109.11	94.43	100.15	100.45
Net Income to Company	145.91	145.21	109.11	94.43	100.15	100.45
Minority Interest in Earnings	1.68	1.22	3.08	0.6	1.22	-
Net Income	147.59	146.42	112.2	95.03	101.37	100.45
Net Income to Common	147.59	146.42	112.2	95.03	101.37	100.45
Net Income Growth	0.52%	30.50%	18.07%	-6.26%	0.92%	-21.59%
Shares Outstanding (Basic)	135	136	135	132	133	130
Shares Outstanding (Diluted)	135	136	135	134	133	130
Shares Change (YoY)	-0.43%	0.29%	1.00%	0.35%	2.25%	1.83%
EPS (Basic)	1.09	1.08	0.83	0.72	0.76	0.77
EPS (Diluted)	1.09	1.08	0.83	0.71	0.76	0.77
EPS Growth	0.95%	30.12%	16.90%	-6.58%	-1.30%	-23.00%
Free Cash Flow	146.9	170.34	47.17	-124.91	-247.16	-189.13
Free Cash Flow Per Share	1.08	1.26	0.35	-0.93	-1.85	-1.45
Dividend Per Share	0.400	0.400	0.300	0.280	0.300	0.300
Dividend Growth	33.33%	33.33%	7.14%	-6.67%	-	-6.66%
Gross Margin	29.58%	27.63%	27.07%	27.03%	26.83%	30.24%
Operating Margin	13.62%	13.05%	11.44%	10.54%	11.75%	14.67%
Profit Margin	11.23%	11.29%	9.71%	8.55%	9.73%	13.65%
Free Cash Flow Margin	11.17%	13.14%	4.08%	-11.24%	-23.71%	-25.70%
EBITDA	314.85	276.06	200.26	180.62	162.12	142.33
EBITDA Margin	23.95%	21.29%	17.33%	16.26%	15.55%	19.34%
D&A For EBITDA	135.84	106.79	68.06	63.58	39.66	34.34
EBIT	179.01	169.27	132.2	117.04	122.46	107.99
EBIT Margin	13.62%	13.05%	11.44%	10.54%	11.75%	14.67%
Effective Tax Rate	17.55%	15.64%	10.15%	16.32%	15.65%	15.08%
Revenue as Reported	1,315	1,297	1,156	1,111	1,042	736.06
Advertising Expenses	-	1.09	1.82	0.39	0.61	0.7

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