SHA:603459 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
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
Operating Revenue	3,607	3,430	2,524	2,195	2,205
Other Revenue	247	247	178.03	144.89	-
Revenue	3,854	3,677	2,702	2,340	2,205
Revenue Growth (YoY)	74.83%	36.06%	15.51%	6.12%	-
Cost of Revenue	2,874	2,747	2,207	1,993	1,828
Gross Profit	980.54	930.46	495.15	346.52	376.76
Selling, General & Admin	125.05	119.37	103.23	93.63	87.74
Research & Development	159.45	146.88	125.2	109.72	100.62
Other Operating Expenses	3.02	6.02	4.1	5.2	-10.81
Operating Expenses	306.13	285.33	240.34	215.21	170.06
Operating Income	674.41	645.12	254.82	131.31	206.7
Interest Expense	-25.79	-24.16	-21.34	-31.48	-44.7
Interest & Investment Income	1.23	1.31	1.27	1.67	3.21
Currency Exchange Gain (Loss)	-6.26	-6.26	7.4	12.23	-
Other Non Operating Income (Expenses)	-3.58	-3.21	-3.01	-1.94	24.52
EBT Excluding Unusual Items	640.02	612.81	239.14	111.8	189.73
Gain (Loss) on Sale of Assets	-4.74	-5.01	1.76	1.09	-2.11
Asset Writedown	-22.51	-12.75	-15.19	-16.09	-34.78
Other Unusual Items	30.54	30.54	20.35	19.41	-
Pretax Income	643.31	625.59	246.05	116.21	152.84
Income Tax Expense	87.92	85.74	32.14	11.28	12.18
Net Income	555.39	539.85	213.91	104.93	140.66
Net Income to Common	555.39	539.85	213.91	104.93	140.66
Net Income Growth	294.85%	152.37%	103.87%	-25.40%	-
Shares Outstanding (Basic)	657	654	654	654	639
Shares Outstanding (Diluted)	657	654	654	654	639
Shares Change (YoY)	2.83%	-	-	2.25%	-
EPS (Basic)	0.84	0.83	0.33	0.16	0.22
EPS (Diluted)	0.84	0.83	0.33	0.16	0.22
EPS Growth	283.99%	152.37%	104.51%	-27.27%	-
Free Cash Flow	-228.8	-120.54	66.59	238.92	175.87
Free Cash Flow Per Share	-0.35	-0.18	0.10	0.36	0.28
Gross Margin	25.44%	25.30%	18.32%	14.81%	17.09%
Operating Margin	17.50%	17.54%	9.43%	5.61%	9.38%
Profit Margin	14.41%	14.68%	7.92%	4.49%	6.38%
Free Cash Flow Margin	-5.94%	-3.28%	2.46%	10.21%	7.98%
EBITDA	951.5	913.25	487.08	340.37	391.26
EBITDA Margin	24.69%	24.84%	18.02%	14.55%	17.75%
D&A For EBITDA	277.09	268.12	232.26	209.06	184.55
EBIT	674.41	645.12	254.82	131.31	206.7
EBIT Margin	17.50%	17.54%	9.43%	5.61%	9.38%
Effective Tax Rate	13.67%	13.71%	13.06%	9.71%	7.97%
Revenue as Reported	3,854	3,677	2,702	2,340	2,205

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