SHA:603583 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	4,111	3,644	3,020	2,993	2,633	1,866
Other Revenue	8.43	8.43	14.07	13.3	4.23	2.53
Revenue	4,119	3,652	3,034	3,007	2,637	1,868
Revenue Growth (YoY)	17.67%	20.37%	0.91%	14.02%	41.14%	32.71%
Cost of Revenue	2,883	2,581	2,162	2,206	1,932	1,136
Gross Profit	1,236	1,071	871.66	800.16	705.45	732.57
Selling, General & Admin	493.59	430.34	396.13	356.79	321.91	185.75
Research & Development	249.49	232.32	208.19	224.47	185.56	101.78
Other Operating Expenses	1.68	-4.93	0.56	3.24	-7.7	9.84
Operating Expenses	748.09	669.97	608.76	588.49	511.11	298.64
Operating Income	487.94	400.96	262.9	211.67	194.33	433.94
Interest Expense	-21.5	-30.52	-47.16	-40.45	-19.54	-2.17
Interest & Investment Income	47.52	57.24	68.59	82.21	88.98	33.84
Currency Exchange Gain (Loss)	12.65	12.65	-7.13	92.97	5.35	-20.53
Other Non Operating Income (Expenses)	25.29	-6.01	-5.2	-8.87	-5.99	-1.54
EBT Excluding Unusual Items	551.89	434.32	272	337.53	263.13	443.54
Impairment of Goodwill	-129.74	-129.74	-90.75	-	-	-
Gain (Loss) on Sale of Investments	-1.93	0.24	5.31	-2.34	1.68	2.38
Gain (Loss) on Sale of Assets	-7.62	-7.63	-1.69	-4.54	-1.85	-4.15
Asset Writedown	-0.14	-	-	-0.49	-	-
Other Unusual Items	35.4	35.4	34.42	34.82	18.36	29.91
Pretax Income	447.87	332.59	219.29	364.98	281.33	471.67
Income Tax Expense	77.09	51.26	14.82	40.96	12.44	67.75
Earnings From Continuing Operations	370.77	281.33	204.47	324.02	268.89	403.92
Minority Interest in Earnings	-1.92	0.65	1.49	3.73	1.59	1.51
Net Income	368.86	281.98	205.96	327.75	270.47	405.43
Net Income to Common	368.86	281.98	205.96	327.75	270.47	405.43
Net Income Growth	18.71%	36.91%	-37.16%	21.18%	-33.29%	42.96%
Shares Outstanding (Basic)	380	381	381	381	381	356
Shares Outstanding (Diluted)	380	381	381	381	381	359
Shares Change (YoY)	-0.70%	-0.10%	0.08%	0.04%	6.18%	3.92%
EPS (Basic)	0.97	0.74	0.54	0.86	0.71	1.14
EPS (Diluted)	0.97	0.74	0.54	0.86	0.71	1.13
EPS Growth	19.55%	37.04%	-37.21%	21.13%	-37.17%	37.57%
Free Cash Flow	188.33	-39.95	405.65	-92.79	-469.83	173.86
Free Cash Flow Per Share	0.50	-0.10	1.06	-0.24	-1.23	0.48
Dividend Per Share	0.300	0.300	0.170	0.260	0.220	0.286
Dividend Growth	76.47%	76.47%	-34.62%	18.18%	-23.00%	12.00%
Gross Margin	30.01%	29.32%	28.73%	26.61%	26.75%	39.21%
Operating Margin	11.85%	10.98%	8.67%	7.04%	7.37%	23.23%
Profit Margin	8.96%	7.72%	6.79%	10.90%	10.26%	21.70%
Free Cash Flow Margin	4.57%	-1.09%	13.37%	-3.09%	-17.82%	9.31%
EBITDA	694.26	605.89	465.96	394.39	318.11	485.49
EBITDA Margin	16.85%	16.59%	15.36%	13.12%	12.06%	25.99%
D&A For EBITDA	206.32	204.92	203.06	182.71	123.78	51.55
EBIT	487.94	400.96	262.9	211.67	194.33	433.94
EBIT Margin	11.85%	10.98%	8.67%	7.04%	7.37%	23.23%
Effective Tax Rate	17.21%	15.41%	6.76%	11.22%	4.42%	14.36%
Revenue as Reported	4,119	3,652	3,034	3,007	2,637	1,868
Advertising Expenses	-	6.48	2.89	3.05	2.57	-

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