SHA:603444 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	5,345	3,678	4,169	5,153	4,606	2,735
Other Revenue	18.02	18.02	16.19	14.25	12.56	7.43
Revenue	5,363	3,696	4,185	5,168	4,619	2,742
Revenue Growth (YoY)	45.09%	-11.69%	-19.02%	11.88%	68.44%	26.35%
Cost of Revenue	423.31	448.48	479.91	582.14	698.42	383.91
Gross Profit	4,940	3,247	3,705	4,585	3,921	2,358
Selling, General & Admin	2,005	1,293	1,442	1,742	1,557	534.21
Research & Development	813.46	757.63	679.36	672.61	608.62	430.57
Other Operating Expenses	30.37	20.72	11.76	-3.85	-19.68	2.64
Operating Expenses	2,850	2,070	2,130	2,411	2,136	954.88
Operating Income	2,090	1,178	1,575	2,175	1,785	1,404
Interest Expense	-1.34	-1.64	-1.56	-0.37	-1.01	-2.4
Interest & Investment Income	127.09	174.12	131.47	151.14	418.6	132.09
Currency Exchange Gain (Loss)	34.91	34.91	31.51	172.72	-35.12	-49.04
Other Non Operating Income (Expenses)	-16.82	-1.15	0.02	5.93	-1.86	-5.26
EBT Excluding Unusual Items	2,234	1,384	1,737	2,504	2,165	1,479
Gain (Loss) on Sale of Investments	-52.81	-61.19	-52.93	-170.38	-33.75	66.07
Gain (Loss) on Sale of Assets	-0.16	0.02	0.33	-0.07	0.02	-0.04
Asset Writedown	-45.87	-52.48	-5.93	-37.58	-	-
Other Unusual Items	15.58	16.31	21.85	18.62	-6.76	12.98
Pretax Income	2,150	1,287	1,700	2,315	2,125	1,558
Income Tax Expense	282.49	107.59	238.88	355.44	372.38	226.37
Earnings From Continuing Operations	1,868	1,179	1,461	1,959	1,753	1,332
Minority Interest in Earnings	-366.21	-234.01	-335.97	-498.62	-284.04	-285.12
Net Income	1,502	944.92	1,125	1,461	1,468	1,046
Net Income to Common	1,502	944.92	1,125	1,461	1,468	1,046
Net Income Growth	62.63%	-16.02%	-22.98%	-0.52%	40.34%	29.32%
Shares Outstanding (Basic)	72	72	72	72	72	72
Shares Outstanding (Diluted)	72	72	72	72	72	72
Shares Change (YoY)	-0.51%	-0.18%	0.18%	-0.03%	0.15%	0.05%
EPS (Basic)	20.92	13.15	15.63	20.33	20.43	14.58
EPS (Diluted)	20.92	13.15	15.63	20.33	20.43	14.58
EPS Growth	63.47%	-15.87%	-23.12%	-0.49%	40.12%	29.25%
Free Cash Flow	2,273	1,225	1,130	1,709	2,399	1,464
Free Cash Flow Per Share	31.67	17.05	15.70	23.78	33.38	20.39
Dividend Per Share	16.100	10.000	7.000	17.000	16.000	12.000
Dividend Growth	147.69%	42.86%	-58.82%	6.25%	33.33%	140.00%
Gross Margin	92.11%	87.87%	88.53%	88.73%	84.88%	86.00%
Operating Margin	38.96%	31.86%	37.64%	42.09%	38.64%	51.18%
Profit Margin	28.00%	25.57%	26.89%	28.27%	31.79%	38.16%
Free Cash Flow Margin	42.38%	33.15%	27.00%	33.07%	51.94%	53.37%
EBITDA	2,148	1,239	1,640	2,240	1,850	1,466
EBITDA Margin	40.05%	33.52%	39.18%	43.35%	40.05%	53.46%
D&A For EBITDA	58.41	61.07	64.61	65.13	65.27	62.42
EBIT	2,090	1,178	1,575	2,175	1,785	1,404
EBIT Margin	38.96%	31.86%	37.64%	42.09%	38.64%	51.18%
Effective Tax Rate	13.14%	8.36%	14.05%	15.35%	17.52%	14.53%
Revenue as Reported	5,363	3,696	4,185	5,168	4,619	2,742

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.