SHA:603508 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,484	1,481	1,149	1,036	1,032
Other Revenue	36.06	33.85	31.44	30.88	32.88
Revenue	1,520	1,515	1,180	1,067	1,064
Revenue Growth (YoY)	0.29%	28.38%	10.60%	0.25%	26.19%
Cost of Revenue	510.59	503.63	440.79	420.83	415.38
Gross Profit	1,009	1,012	739.45	646.34	649.11
Selling, General & Admin	247.74	226.96	174.17	158.9	144.45
Research & Development	153.56	153.53	139.53	141.94	114.8
Other Operating Expenses	-13.07	-21.09	-35.47	-17.82	-21.5
Operating Expenses	365.96	396.05	294.07	296.43	256.38
Operating Income	643.07	615.47	445.39	349.91	392.73
Interest Expense	-0.18	-0.15	-	-	-
Interest & Investment Income	33.78	42.25	45.15	44.91	59.86
Currency Exchange Gain (Loss)	-	-	-	-	-0
Other Non Operating Income (Expenses)	0.32	-2.4	0.74	-1.14	-0.52
EBT Excluding Unusual Items	676.99	655.17	491.27	393.69	452.06
Gain (Loss) on Sale of Investments	0.01	-	-	-	-
Gain (Loss) on Sale of Assets	-1.27	-0.18	-0.22	0.01	0.03
Other Unusual Items	3.67	-1.61	6.85	4.16	9.65
Pretax Income	679.41	653.37	497.9	397.86	461.74
Income Tax Expense	107.4	83.67	69.74	35.6	67.47
Earnings From Continuing Operations	572.01	569.7	428.16	362.26	394.27
Minority Interest in Earnings	-15.86	-21.32	-16.08	-15.88	-8.77
Net Income	556.15	548.38	412.08	346.38	385.5
Net Income to Common	556.15	548.38	412.08	346.38	385.5
Net Income Growth	1.42%	33.08%	18.97%	-10.15%	-
Shares Outstanding (Basic)	381	381	382	381	378
Shares Outstanding (Diluted)	381	381	382	381	382
Shares Change (YoY)	0.03%	-0.19%	0.24%	-0.27%	2.54%
EPS (Basic)	1.46	1.44	1.08	0.91	1.02
EPS (Diluted)	1.46	1.44	1.08	0.91	1.01
EPS Growth	1.39%	33.33%	18.68%	-9.90%	-
Free Cash Flow	653	397.77	250.36	188.67	24.73
Free Cash Flow Per Share	1.71	1.04	0.66	0.50	0.07
Dividend Per Share	2.624	1.438	0.757	0.545	0.606
Dividend Growth	82.47%	90.11%	38.79%	-10.05%	171.87%
Gross Margin	66.40%	66.76%	62.65%	60.57%	60.98%
Operating Margin	42.32%	40.62%	37.74%	32.79%	36.89%
Profit Margin	36.60%	36.19%	34.91%	32.46%	36.21%
Free Cash Flow Margin	42.97%	26.25%	21.21%	17.68%	2.32%
EBITDA	692.26	672.07	493.39	398.51	441.54
EBITDA Margin	45.55%	44.36%	41.80%	37.34%	41.48%
D&A For EBITDA	49.19	56.6	48	48.6	48.81
EBIT	643.07	615.47	445.39	349.91	392.73
EBIT Margin	42.32%	40.62%	37.74%	32.79%	36.89%
Effective Tax Rate	15.81%	12.81%	14.01%	8.95%	14.61%
Revenue as Reported	1,520	1,515	1,180	1,067	1,064

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