SHA:603352 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	3,503	2,887	2,373	1,910
Other Revenue	182.93	200.59	190.78	180.98
Revenue	3,686	3,088	2,564	2,091
Revenue Growth (YoY)	-	20.45%	22.59%	-
Cost of Revenue	2,996	2,497	2,086	1,703
Gross Profit	690.24	591.09	477.26	388.05
Selling, General & Admin	209.02	188.9	159.43	165.35
Research & Development	134.18	122.84	93.85	87.77
Other Operating Expenses	18.29	-2.45	12.38	15.07
Operating Expenses	402.56	334.61	269.83	282.51
Operating Income	287.68	256.48	207.43	105.54
Interest Expense	-44.96	-47.68	-58.08	-51.52
Interest & Investment Income	1.7	1.05	0.72	1.93
Currency Exchange Gain (Loss)	0.02	-0.13	-1.41	-0.72
Other Non Operating Income (Expenses)	-1.13	-0.97	-2.89	-2.14
EBT Excluding Unusual Items	243.32	208.76	145.78	53.08
Gain (Loss) on Sale of Investments	-7.47	-8.66	-9.27	-6.68
Gain (Loss) on Sale of Assets	-1.23	0.16	-3.54	1.42
Asset Writedown	-0.99	-0.87	-0.56	-0.46
Other Unusual Items	31.27	21.95	18.21	21.48
Pretax Income	264.9	221.34	150.62	68.83
Income Tax Expense	31.82	17.37	18.77	-1.86
Net Income	233.08	203.96	131.85	70.69
Net Income to Common	233.08	203.96	131.85	70.69
Net Income Growth	-	54.70%	86.51%	-
Shares Outstanding (Basic)	170	170	169	154
Shares Outstanding (Diluted)	170	170	169	154
Shares Change (YoY)	-	0.55%	9.99%	-
EPS (Basic)	1.37	1.20	0.78	0.46
EPS (Diluted)	1.37	1.20	0.78	0.46
EPS Growth	-	53.85%	69.56%	-
Free Cash Flow	-693.84	-37.47	-29.96	-338.15
Free Cash Flow Per Share	-4.08	-0.22	-0.18	-2.20
Gross Margin	18.73%	19.14%	18.62%	18.56%
Operating Margin	7.80%	8.31%	8.09%	5.05%
Profit Margin	6.32%	6.60%	5.14%	3.38%
Free Cash Flow Margin	-18.82%	-1.21%	-1.17%	-16.17%
EBITDA	415.94	435.94	370.44	233.78
EBITDA Margin	11.28%	14.12%	14.45%	11.18%
D&A For EBITDA	128.25	179.46	163.01	128.24
EBIT	287.68	256.48	207.43	105.54
EBIT Margin	7.80%	8.31%	8.09%	5.05%
Effective Tax Rate	12.01%	7.85%	12.46%	-

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