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	Jun '26 Jun 30, 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	4,124	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	4,138	4,036	3,652	3,034	3,007	2,637
Revenue Growth	1.37%	10.52%	20.37%	0.91%	14.02%	41.14%
Cost of Revenue	2,920	2,866	2,581	2,162	2,206	1,932
Gross Profit	1,218	1,170	1,071	871.66	800.16	705.45
Selling, General & Admin	522.92	517.11	430.34	396.13	356.79	321.91
Research & Development	280.13	245.59	232.32	208.19	224.47	185.56
Other Operating Expenses	16.17	6.12	-4.93	0.56	3.24	-7.7
Operating Expenses	816.38	765.98	669.97	608.76	588.49	511.11
Operating Income	402.02	404.22	400.96	262.9	211.67	194.33
Interest Expense	-21.89	-21.89	-30.52	-47.16	-40.45	-19.54
Interest & Investment Income	40.36	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)	-119.42	-2.7	-6.01	-5.2	-8.87	-5.99
EBT Excluding Unusual Items	330.29	448.39	434.32	272	337.53	263.13
Impairment of Goodwill	-	-	-129.74	-90.75	-	-
Gain (Loss) on Sale of Investments	45.55	0.82	0.24	5.31	-2.34	1.68
Gain (Loss) on Sale of Assets	-1.92	-2.96	-7.63	-1.69	-4.54	-1.85
Asset Writedown	1.49	-	-	-	-0.49	-
Other Unusual Items	24.1	24.1	35.4	34.42	34.82	18.36
Pretax Income	399.51	470.34	332.59	219.29	364.98	281.33
Income Tax Expense	42.72	72.81	51.26	14.82	40.96	12.44
Earnings From Continuing Operations	356.79	397.53	281.33	204.47	324.02	268.89
Minority Interest in Earnings	-1.4	-0.33	0.65	1.49	3.73	1.59
Net Income	355.39	397.21	281.98	205.96	327.75	270.47
Net Income to Common	355.39	397.21	281.98	205.96	327.75	270.47
Net Income Growth	-2.33%	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	0.84%	0.23%	-0.10%	0.08%	0.04%	6.18%
EPS (Basic)	0.93	1.04	0.74	0.54	0.86	0.71
EPS (Diluted)	0.93	1.04	0.74	0.54	0.86	0.71
EPS Growth	-3.14%	40.54%	37.04%	-37.21%	21.13%	-37.17%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-159.76	63.48	-39.95	405.65	-92.79	-469.83
Free Cash Flow Per Share	-0.42	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	29.44%	28.99%	29.32%	28.73%	26.61%	26.75%
Operating Margin	9.71%	10.02%	10.98%	8.67%	7.04%	7.37%
Profit Margin	8.59%	9.84%	7.72%	6.79%	10.90%	10.26%
Free Cash Flow Margin	-3.86%	1.57%	-1.09%	13.37%	-3.09%	-17.82%
EBITDA	610.43	636.74	612.87	465.96	394.39	318.11
EBITDA Margin	14.75%	15.78%	16.78%	15.36%	13.12%	12.06%
D&A For EBITDA	208.41	232.51	211.91	203.06	182.71	123.78
EBIT	402.02	404.22	400.96	262.9	211.67	194.33
EBIT Margin	9.71%	10.02%	10.98%	8.67%	7.04%	7.37%
Effective Tax Rate	10.69%	15.48%	15.41%	6.76%	11.22%	4.42%
Revenue as Reported	4,036	4,036	3,652	3,034	3,007	2,637
Advertising Expenses	-	6.9	6.48	2.89	3.05	2.57