SHA:603357 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	2,523	3,520	3,376	2,794	2,354
Other Revenue	-	12.15	11.58	4.18	3.07
Revenue	2,523	3,532	3,388	2,798	2,357
Revenue Growth (YoY)	-28.56%	4.25%	21.08%	18.72%	23.41%
Cost of Revenue	1,552	2,348	2,242	1,910	1,579
Gross Profit	971.29	1,184	1,146	888.69	777.66
Selling, General & Admin	283.06	293	292.58	232.65	184.99
Research & Development	179.79	192.12	169.82	127	101.26
Other Operating Expenses	11.66	16.41	5.82	9.66	10.17
Operating Expenses	557.89	623.67	570.14	433.78	360.35
Operating Income	413.4	560.13	575.86	454.91	417.3
Interest Expense	-12.69	-10.32	-5.36	-1.45	-0.23
Interest & Investment Income	29.47	38.68	47.59	32.68	33.19
Currency Exchange Gain (Loss)	-	0.05	0.06	0.28	-0.07
Other Non Operating Income (Expenses)	-3.76	8.74	11.56	7.11	-14.96
EBT Excluding Unusual Items	426.42	597.29	629.7	493.52	435.23
Gain (Loss) on Sale of Investments	-3.95	-12.77	-74.52	-8.98	0.28
Gain (Loss) on Sale of Assets	0.08	-0.07	-0.25	0.18	0.02
Asset Writedown	5.13	-	-	-	-
Other Unusual Items	-	0.75	2.76	21.82	16.07
Pretax Income	427.68	585.2	557.69	506.54	451.6
Income Tax Expense	55.72	63.34	63.81	62.08	61.24
Earnings From Continuing Operations	371.96	521.86	493.89	444.46	390.36
Minority Interest in Earnings	-6.24	-8.76	-5.59	-1.62	-2.05
Net Income	365.72	513.1	488.29	442.84	388.32
Net Income to Common	365.72	513.1	488.29	442.84	388.32
Net Income Growth	-28.72%	5.08%	10.26%	14.04%	6.90%
Shares Outstanding (Basic)	554	546	543	547	548
Shares Outstanding (Diluted)	554	546	543	547	548
Shares Change (YoY)	1.52%	0.61%	-0.76%	-0.28%	0.63%
EPS (Basic)	0.66	0.94	0.90	0.81	0.71
EPS (Diluted)	0.66	0.94	0.90	0.81	0.71
EPS Growth	-29.79%	4.44%	11.11%	14.36%	6.24%
Free Cash Flow	367.58	-171.67	174.81	238.48	21.72
Free Cash Flow Per Share	0.66	-0.32	0.32	0.44	0.04
Dividend Per Share	-	0.280	0.350	0.442	0.383
Dividend Growth	-	-20.00%	-20.76%	15.24%	84.01%
Gross Margin	38.49%	33.52%	33.83%	31.76%	32.99%
Operating Margin	16.38%	15.86%	17.00%	16.26%	17.71%
Profit Margin	14.49%	14.53%	14.41%	15.83%	16.48%
Free Cash Flow Margin	14.57%	-4.86%	5.16%	8.52%	0.92%
EBITDA	450.94	592	613.86	479.85	440.22
EBITDA Margin	17.87%	16.76%	18.12%	17.15%	18.68%
D&A For EBITDA	37.54	31.86	38.01	24.94	22.92
EBIT	413.4	560.13	575.86	454.91	417.3
EBIT Margin	16.38%	15.86%	17.00%	16.26%	17.71%
Effective Tax Rate	13.03%	10.82%	11.44%	12.26%	13.56%
Revenue as Reported	2,523	3,532	3,388	2,798	2,357

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