SHA:603583 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	FY 2021
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	Dec '21 Dec 31, 2021
Operating Revenue	4,008	4,022	3,644	3,020	2,993	2,633
Other Revenue	14.06	14.06	8.43	14.07	13.3	4.23
Revenue	4,022	4,036	3,652	3,034	3,007	2,637
Revenue Growth (YoY)	3.02%	10.52%	20.37%	0.91%	14.02%	41.14%
Cost of Revenue	2,847	2,866	2,581	2,162	2,206	1,932
Gross Profit	1,175	1,170	1,071	871.66	800.16	705.45
Selling, General & Admin	517.24	517.11	430.34	396.13	356.79	321.91
Research & Development	260.26	245.59	232.32	208.19	224.47	185.56
Other Operating Expenses	14.34	6.12	-4.93	0.56	3.24	-7.7
Operating Expenses	793.09	765.98	669.97	608.76	588.49	511.11
Operating Income	382.03	404.22	400.96	262.9	211.67	194.33
Interest Expense	-21.9	-21.89	-30.52	-47.16	-40.45	-19.54
Interest & Investment Income	37.83	39.53	57.24	68.59	82.21	88.98
Currency Exchange Gain (Loss)	29.23	29.23	12.65	-7.13	92.97	5.35
Other Non Operating Income (Expenses)	-51.8	-2.7	-6.01	-5.2	-8.87	-5.99
EBT Excluding Unusual Items	375.38	448.39	434.32	272	337.53	263.13
Impairment of Goodwill	-	-	-129.74	-90.75	-	-
Gain (Loss) on Sale of Investments	2.56	0.82	0.24	5.31	-2.34	1.68
Gain (Loss) on Sale of Assets	-1.81	-2.96	-7.63	-1.69	-4.54	-1.85
Asset Writedown	0.48	-	-	-	-0.49	-
Other Unusual Items	24.1	24.1	35.4	34.42	34.82	18.36
Pretax Income	400.71	470.34	332.59	219.29	364.98	281.33
Income Tax Expense	65.49	72.81	51.26	14.82	40.96	12.44
Earnings From Continuing Operations	335.22	397.53	281.33	204.47	324.02	268.89
Minority Interest in Earnings	-0.06	-0.33	0.65	1.49	3.73	1.59
Net Income	335.15	397.21	281.98	205.96	327.75	270.47
Net Income to Common	335.15	397.21	281.98	205.96	327.75	270.47
Net Income Growth	3.08%	40.87%	36.91%	-37.16%	21.18%	-33.29%
Shares Outstanding (Basic)	382	382	381	381	381	381
Shares Outstanding (Diluted)	382	382	381	381	381	381
Shares Change (YoY)	0.07%	0.23%	-0.10%	0.08%	0.04%	6.18%
EPS (Basic)	0.88	1.04	0.74	0.54	0.86	0.71
EPS (Diluted)	0.88	1.04	0.74	0.54	0.86	0.71
EPS Growth	3.01%	40.54%	37.04%	-37.21%	21.13%	-37.17%
Free Cash Flow	-41.28	63.48	-39.95	405.65	-92.79	-469.83
Free Cash Flow Per Share	-0.11	0.17	-0.10	1.06	-0.24	-1.23
Dividend Per Share	0.310	0.310	0.300	0.170	0.260	0.220
Dividend Growth	3.33%	3.33%	76.47%	-34.62%	18.18%	-23.00%
Gross Margin	29.22%	28.99%	29.32%	28.73%	26.61%	26.75%
Operating Margin	9.50%	10.02%	10.98%	8.67%	7.04%	7.37%
Profit Margin	8.33%	9.84%	7.72%	6.79%	10.90%	10.26%
Free Cash Flow Margin	-1.03%	1.57%	-1.09%	13.37%	-3.09%	-17.82%
EBITDA	619.69	636.74	612.87	465.96	394.39	318.11
EBITDA Margin	15.41%	15.78%	16.78%	15.36%	13.12%	12.06%
D&A For EBITDA	237.67	232.51	211.91	203.06	182.71	123.78
EBIT	382.03	404.22	400.96	262.9	211.67	194.33
EBIT Margin	9.50%	10.02%	10.98%	8.67%	7.04%	7.37%
Effective Tax Rate	16.34%	15.48%	15.41%	6.76%	11.22%	4.42%
Revenue as Reported	4,022	4,036	3,652	3,034	3,007	2,637
Advertising Expenses	-	6.9	6.48	2.89	3.05	2.57

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