SHA:603357 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,363	2,510	3,520	3,376	2,794	2,354
Other Revenue	13.35	13.35	12.15	11.58	4.18	3.07
Revenue	2,377	2,523	3,532	3,388	2,798	2,357
Revenue Growth (YoY)	-25.98%	-28.56%	4.25%	21.08%	18.72%	23.41%
Cost of Revenue	1,427	1,553	2,348	2,242	1,910	1,579
Gross Profit	950.08	970.65	1,184	1,146	888.69	777.66
Selling, General & Admin	282.47	282.42	293	292.58	232.65	184.99
Research & Development	172.56	179.79	192.12	169.82	127	101.26
Other Operating Expenses	20.49	19.66	16.41	5.82	9.66	10.17
Operating Expenses	564.19	570.54	623.67	570.14	433.78	360.35
Operating Income	385.89	400.11	560.13	575.86	454.91	417.3
Interest Expense	-12.69	-12.69	-10.32	-5.36	-1.45	-0.23
Interest & Investment Income	30.79	29.47	38.68	47.59	32.68	33.19
Currency Exchange Gain (Loss)	-0.08	-0.08	0.05	0.06	0.28	-0.07
Other Non Operating Income (Expenses)	-15	6.94	6.75	11.56	7.11	-14.96
EBT Excluding Unusual Items	388.92	423.75	595.29	629.7	493.52	435.23
Gain (Loss) on Sale of Investments	-35.21	-3.95	-12.77	-74.52	-8.98	0.28
Gain (Loss) on Sale of Assets	-0.18	-0.18	-0.07	-0.25	0.18	0.02
Asset Writedown	-10.31	-	-	-	-	-
Other Unusual Items	8.05	8.05	2.74	2.76	21.82	16.07
Pretax Income	351.28	427.68	585.2	557.69	506.54	451.6
Income Tax Expense	45.09	55.72	63.34	63.81	62.08	61.24
Earnings From Continuing Operations	306.19	371.96	521.86	493.89	444.46	390.36
Minority Interest in Earnings	-6	-6.24	-8.76	-5.59	-1.62	-2.05
Net Income	300.19	365.72	513.1	488.29	442.84	388.32
Net Income to Common	300.19	365.72	513.1	488.29	442.84	388.32
Net Income Growth	-38.29%	-28.72%	5.08%	10.26%	14.04%	6.90%
Shares Outstanding (Basic)	545	554	546	543	547	548
Shares Outstanding (Diluted)	545	554	546	543	547	548
Shares Change (YoY)	-0.15%	1.52%	0.61%	-0.76%	-0.28%	0.63%
EPS (Basic)	0.55	0.66	0.94	0.90	0.81	0.71
EPS (Diluted)	0.55	0.66	0.94	0.90	0.81	0.71
EPS Growth	-38.20%	-29.79%	4.44%	11.11%	14.36%	6.24%
Free Cash Flow	420.99	367.58	-171.67	174.81	238.48	21.72
Free Cash Flow Per Share	0.77	0.66	-0.32	0.32	0.44	0.04
Dividend Per Share	0.200	0.200	0.280	0.350	0.442	0.383
Dividend Growth	-28.57%	-28.57%	-20.00%	-20.76%	15.24%	84.01%
Gross Margin	39.97%	38.47%	33.52%	33.83%	31.76%	32.99%
Operating Margin	16.24%	15.86%	15.86%	17.00%	16.26%	17.71%
Profit Margin	12.63%	14.49%	14.53%	14.41%	15.83%	16.48%
Free Cash Flow Margin	17.71%	14.57%	-4.86%	5.16%	8.52%	0.92%
EBITDA	416.81	432.46	598.23	613.86	479.85	440.22
EBITDA Margin	17.54%	17.14%	16.94%	18.12%	17.15%	18.68%
D&A For EBITDA	30.92	32.35	38.1	38.01	24.94	22.92
EBIT	385.89	400.11	560.13	575.86	454.91	417.3
EBIT Margin	16.24%	15.86%	15.86%	17.00%	16.26%	17.71%
Effective Tax Rate	12.83%	13.03%	10.82%	11.44%	12.26%	13.56%
Revenue as Reported	2,523	2,523	3,532	3,388	2,798	2,357

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