SHA:603370 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
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
Operating Revenue	1,458	1,280	1,063	1,062	736.87
Other Revenue	140.7	140.7	126.04	129.48	109.76
Revenue	1,599	1,421	1,189	1,192	846.63
Revenue Growth (YoY)	88.81%	19.49%	-0.26%	40.78%	-
Cost of Revenue	1,279	1,131	929.4	991.34	697.24
Gross Profit	319.07	289.54	259.4	200.59	149.4
Selling, General & Admin	66.72	56.58	41.33	31.01	25.22
Research & Development	48.31	44.85	44.39	40.51	29.01
Other Operating Expenses	-0.24	3.2	1.83	1.79	1.02
Operating Expenses	119.07	117.31	74.67	74.38	64.49
Operating Income	199.99	172.23	184.73	126.2	84.91
Interest Expense	-2.51	-1.78	-3.3	-3.2	-1.89
Interest & Investment Income	4.45	6.52	3.63	0.98	0.66
Currency Exchange Gain (Loss)	0.51	0.51	1.87	6.12	-2.55
Other Non Operating Income (Expenses)	6.53	-0.56	-0.48	-0.47	-0.3
EBT Excluding Unusual Items	208.98	176.93	186.45	129.63	80.82
Gain (Loss) on Sale of Investments	-0.3	0.65	-0.14	-	-
Gain (Loss) on Sale of Assets	-1.8	-1.14	-0.51	0.13	-0
Asset Writedown	-12	-8.38	-9.92	-1.35	-0.44
Other Unusual Items	2.16	1.93	1.44	-0.23	0.81
Pretax Income	197.04	169.98	177.32	128.18	81.19
Income Tax Expense	22.89	20.33	21.5	14.45	8.57
Earnings From Continuing Operations	174.16	149.65	155.82	113.73	72.63
Minority Interest in Earnings	3.44	3.49	-	-	-
Net Income	177.6	153.14	155.82	113.73	72.63
Net Income to Common	177.6	153.14	155.82	113.73	72.63
Net Income Growth	144.53%	-1.72%	37.01%	56.59%	-
Shares Outstanding (Basic)	135	131	131	128	110
Shares Outstanding (Diluted)	135	131	131	128	110
Shares Change (YoY)	22.25%	-0.04%	2.47%	16.12%	-
EPS (Basic)	1.32	1.17	1.19	0.89	0.66
EPS (Diluted)	1.32	1.17	1.19	0.89	0.66
EPS Growth	100.04%	-1.68%	33.71%	34.85%	-
Free Cash Flow	-103.41	-236.03	388.91	-94.85	-166.76
Free Cash Flow Per Share	-0.77	-1.80	2.97	-0.74	-1.51
Gross Margin	19.96%	20.38%	21.82%	16.83%	17.65%
Operating Margin	12.51%	12.13%	15.54%	10.59%	10.03%
Profit Margin	11.11%	10.78%	13.11%	9.54%	8.58%
Free Cash Flow Margin	-6.47%	-16.62%	32.71%	-7.96%	-19.70%
EBITDA	240.75	211.38	214.02	146.99	98.56
EBITDA Margin	15.06%	14.88%	18.00%	12.33%	11.64%
D&A For EBITDA	40.76	39.14	29.29	20.78	13.65
EBIT	199.99	172.23	184.73	126.2	84.91
EBIT Margin	12.51%	12.13%	15.54%	10.59%	10.03%
Effective Tax Rate	11.62%	11.96%	12.13%	11.27%	10.55%
Advertising Expenses	-	0.52	0.43	0.09	0.07

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