SHA:603357 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	3,089	3,520	3,376	2,794	2,354	1,908
Other Revenue	12.15	12.15	11.58	4.18	3.07	1.58
Revenue	3,101	3,532	3,388	2,798	2,357	1,910
Revenue Growth (YoY)	-14.93%	4.25%	21.08%	18.72%	23.41%	17.96%
Cost of Revenue	2,012	2,348	2,242	1,910	1,579	1,164
Gross Profit	1,090	1,184	1,146	888.69	777.66	745.86
Selling, General & Admin	277.99	293	292.58	232.65	184.99	153.54
Research & Development	183.61	192.12	169.82	127	101.26	86.44
Other Operating Expenses	16.92	16.41	5.82	9.66	10.17	6.39
Operating Expenses	597.71	623.67	570.14	433.78	360.35	347.65
Operating Income	492.19	560.13	575.86	454.91	417.3	398.21
Interest Expense	-13.59	-10.32	-5.36	-1.45	-0.23	-
Interest & Investment Income	33.64	38.68	47.59	32.68	33.19	32.38
Currency Exchange Gain (Loss)	0.05	0.05	0.06	0.28	-0.07	-0.77
Other Non Operating Income (Expenses)	5.71	8.74	11.56	7.11	-14.96	-6.08
EBT Excluding Unusual Items	518.01	597.29	629.7	493.52	435.23	423.74
Gain (Loss) on Sale of Investments	9.66	-12.77	-74.52	-8.98	0.28	-1.74
Gain (Loss) on Sale of Assets	0.07	-0.07	-0.25	0.18	0.02	0.21
Asset Writedown	-29.4	-	-	-	-	-
Other Unusual Items	0.75	0.75	2.76	21.82	16.07	0.53
Pretax Income	499.08	585.2	557.69	506.54	451.6	422.74
Income Tax Expense	51.55	63.34	63.81	62.08	61.24	58.88
Earnings From Continuing Operations	447.53	521.86	493.89	444.46	390.36	363.86
Minority Interest in Earnings	-7.18	-8.76	-5.59	-1.62	-2.05	-0.62
Net Income	440.35	513.1	488.29	442.84	388.32	363.24
Net Income to Common	440.35	513.1	488.29	442.84	388.32	363.24
Net Income Growth	2.86%	5.08%	10.26%	14.04%	6.90%	11.84%
Shares Outstanding (Basic)	544	546	543	547	548	545
Shares Outstanding (Diluted)	544	546	543	547	548	545
Shares Change (YoY)	-0.91%	0.61%	-0.76%	-0.28%	0.63%	-0.74%
EPS (Basic)	0.81	0.94	0.90	0.81	0.71	0.67
EPS (Diluted)	0.81	0.94	0.90	0.81	0.71	0.67
EPS Growth	3.80%	4.44%	11.11%	14.36%	6.24%	12.68%
Free Cash Flow	134.33	-171.67	174.81	238.48	21.72	305.98
Free Cash Flow Per Share	0.25	-0.32	0.32	0.44	0.04	0.56
Dividend Per Share	0.350	0.280	0.350	0.442	0.383	0.208
Dividend Growth	-	-20.00%	-20.76%	15.24%	84.01%	13.64%
Gross Margin	35.14%	33.52%	33.83%	31.76%	32.99%	39.05%
Operating Margin	15.87%	15.86%	17.00%	16.26%	17.71%	20.85%
Profit Margin	14.20%	14.53%	14.41%	15.83%	16.48%	19.02%
Free Cash Flow Margin	4.33%	-4.86%	5.16%	8.52%	0.92%	16.02%
EBITDA	519.45	592	613.86	479.85	440.22	421.93
EBITDA Margin	16.75%	16.76%	18.12%	17.15%	18.68%	22.09%
D&A For EBITDA	27.26	31.86	38.01	24.94	22.92	23.71
EBIT	492.19	560.13	575.86	454.91	417.3	398.21
EBIT Margin	15.87%	15.86%	17.00%	16.26%	17.71%	20.85%
Effective Tax Rate	10.33%	10.82%	11.44%	12.26%	13.56%	13.93%
Revenue as Reported	3,101	3,532	3,388	2,798	2,357	1,910

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