SHA:603530 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	1,579	1,311	940.17	732.15	723.69	655.64
Other Revenue	33.68	33.68	18.93	5.25	7.49	7.34
Revenue	1,613	1,345	959.1	737.4	731.17	662.97
Revenue Growth (YoY)	36.46%	40.22%	30.06%	0.85%	10.29%	5.44%
Cost of Revenue	907.3	765.78	577.23	556.65	477.11	374.86
Gross Profit	705.39	579.11	381.88	180.75	254.07	288.11
Selling, General & Admin	211.26	172.36	160.46	116.25	113	84.18
Research & Development	66.57	54	55.65	46.09	38.3	28.36
Other Operating Expenses	8.12	5.42	13.24	8.26	9.6	8.76
Operating Expenses	290.16	231.2	228.56	163.52	163.02	124.12
Operating Income	415.23	347.91	153.31	17.23	91.05	164
Interest Expense	-5.47	-0.56	-	-1.51	-0.03	-0.01
Interest & Investment Income	8.12	8.25	13.5	10.8	8.47	7.36
Currency Exchange Gain (Loss)	3.18	3.18	11.58	9.61	-10.49	-5.69
Other Non Operating Income (Expenses)	7.02	-0.45	-0.56	-1.52	-0.61	-0.31
EBT Excluding Unusual Items	428.09	358.33	177.83	34.61	88.38	165.35
Gain (Loss) on Sale of Investments	-0.09	-	-	-5.03	-0.42	0.53
Gain (Loss) on Sale of Assets	-2.85	-2.37	-0.7	-0.08	-0.01	-0.02
Asset Writedown	3.62	-	-	-	2.26	-1.85
Other Unusual Items	9.5	9.42	9.56	23.22	27.37	11.07
Pretax Income	438.27	365.38	186.69	52.71	117.58	175.09
Income Tax Expense	66.12	54.65	28.29	3.59	17.01	44.39
Net Income	372.15	310.73	158.4	49.13	100.57	130.7
Net Income to Common	372.15	310.73	158.4	49.13	100.57	130.7
Net Income Growth	33.78%	96.17%	222.43%	-51.15%	-23.05%	2.71%
Shares Outstanding (Basic)	423	426	428	447	419	396
Shares Outstanding (Diluted)	428	426	428	447	419	396
Shares Change (YoY)	2.32%	-0.57%	-4.14%	6.58%	5.80%	5.83%
EPS (Basic)	0.88	0.73	0.37	0.11	0.24	0.33
EPS (Diluted)	0.87	0.73	0.37	0.11	0.24	0.33
EPS Growth	30.75%	97.30%	236.36%	-54.17%	-27.27%	-2.94%
Free Cash Flow	-155.45	65.1	58.75	-117.26	-17.71	62.23
Free Cash Flow Per Share	-0.36	0.15	0.14	-0.26	-0.04	0.16
Dividend Per Share	0.460	0.460	0.260	0.050	0.100	0.130
Dividend Growth	76.92%	76.92%	420.00%	-50.00%	-23.08%	-40.91%
Gross Margin	43.74%	43.06%	39.82%	24.51%	34.75%	43.46%
Operating Margin	25.75%	25.87%	15.98%	2.34%	12.45%	24.74%
Profit Margin	23.08%	23.10%	16.52%	6.66%	13.76%	19.71%
Free Cash Flow Margin	-9.64%	4.84%	6.13%	-15.90%	-2.42%	9.39%
EBITDA	497.63	426.11	225.9	74.86	141.35	205.95
EBITDA Margin	30.86%	31.68%	23.55%	10.15%	19.33%	31.06%
D&A For EBITDA	82.4	78.2	72.59	57.63	50.3	41.96
EBIT	415.23	347.91	153.31	17.23	91.05	164
EBIT Margin	25.75%	25.87%	15.98%	2.34%	12.45%	24.74%
Effective Tax Rate	15.09%	14.96%	15.15%	6.80%	14.46%	25.35%
Revenue as Reported	1,613	1,345	959.1	737.4	731.17	662.97
Advertising Expenses	-	0.66	1.33	0.08	-	-

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