SHA:603566 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	1,095	1,034	1,243	1,217	1,088	917.41
Other Revenue	8.69	8.69	10.11	13.06	11.03	11.1
Revenue	1,104	1,043	1,253	1,230	1,099	928.51
Revenue Growth (YoY)	1.65%	-16.77%	1.84%	11.97%	18.32%	40.01%
Cost of Revenue	450.36	405.63	488.4	459.74	379.95	331.25
Gross Profit	653.47	636.93	764.3	770.33	718.62	597.26
Selling, General & Admin	377.36	413.65	450.03	473.74	391.87	292.77
Research & Development	104.42	106.05	101.1	92.62	85.57	114.84
Other Operating Expenses	23.77	16.6	14.62	12.77	11.29	10.34
Operating Expenses	495.04	531.02	593.41	594.47	496.51	427.25
Operating Income	158.43	105.91	170.89	175.86	222.11	170.02
Interest Expense	-1.78	-0.08	-0.92	-0.86	-	-
Interest & Investment Income	-	4.8	21.79	10.09	2.5	15.03
Currency Exchange Gain (Loss)	0.19	0.19	0.22	0.58	-0.22	-0.02
Other Non Operating Income (Expenses)	-3.2	-0.78	-0.73	-0.65	-0.56	0.1
EBT Excluding Unusual Items	153.64	110.03	191.25	185.02	223.84	185.12
Gain (Loss) on Sale of Investments	-8.69	-9.97	-17.69	-25.57	20.39	24.32
Gain (Loss) on Sale of Assets	-12.71	-12.27	-0.6	-0.54	-3.34	0.29
Asset Writedown	0.83	-1	-0.03	-	-	-
Other Unusual Items	24.93	11.98	21.68	18.81	43.28	50.28
Pretax Income	158	98.76	194.61	177.72	284.18	260
Income Tax Expense	14.33	5.96	20.1	9.9	40.04	32.26
Net Income	143.67	92.81	174.52	167.82	244.14	227.74
Net Income to Common	143.67	92.81	174.52	167.82	244.14	227.74
Net Income Growth	41.30%	-46.82%	3.99%	-31.26%	7.20%	108.47%
Shares Outstanding (Basic)	343	344	349	323	313	316
Shares Outstanding (Diluted)	343	344	349	323	313	316
Shares Change (YoY)	-1.44%	-1.52%	8.15%	3.11%	-1.05%	-1.56%
EPS (Basic)	0.42	0.27	0.50	0.52	0.78	0.72
EPS (Diluted)	0.42	0.27	0.50	0.52	0.78	0.72
EPS Growth	43.36%	-46.00%	-3.85%	-33.33%	8.33%	111.77%
Free Cash Flow	337.75	147.73	-22.2	-128.8	-105.01	84.69
Free Cash Flow Per Share	0.98	0.43	-0.06	-0.40	-0.34	0.27
Dividend Per Share	0.600	0.400	0.700	0.350	0.200	0.500
Dividend Growth	50.00%	-42.86%	100.00%	75.00%	-60.00%	150.00%
Gross Margin	59.20%	61.09%	61.01%	62.63%	65.41%	64.33%
Operating Margin	14.35%	10.16%	13.64%	14.30%	20.22%	18.31%
Profit Margin	13.02%	8.90%	13.93%	13.64%	22.22%	24.53%
Free Cash Flow Margin	30.60%	14.17%	-1.77%	-10.47%	-9.56%	9.12%
EBITDA	298.27	225.17	262.7	249.8	281.42	221.07
EBITDA Margin	27.02%	21.60%	20.97%	20.31%	25.62%	23.81%
D&A For EBITDA	139.84	119.26	91.81	73.93	59.31	51.05
EBIT	158.43	105.91	170.89	175.86	222.11	170.02
EBIT Margin	14.35%	10.16%	13.64%	14.30%	20.22%	18.31%
Effective Tax Rate	9.07%	6.03%	10.33%	5.57%	14.09%	12.41%
Revenue as Reported	1,104	1,043	1,253	1,230	1,099	928.51
Advertising Expenses	-	10.27	5.54	7.62	7.54	6.19

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