SHA:603610 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	2,860	2,858	2,996	2,545	2,882	2,195
Other Revenue	99.66	99.66	106.61	118.46	85.21	65.18
Revenue	2,960	2,958	3,103	2,663	2,967	2,260
Revenue Growth (YoY)	0.71%	-4.66%	16.50%	-10.23%	31.28%	-10.65%
Cost of Revenue	1,941	1,937	1,982	1,835	1,919	1,406
Gross Profit	1,019	1,021	1,120	828.4	1,048	854.26
Selling, General & Admin	551.46	581.84	695.43	633.77	490.55	398.83
Research & Development	169.9	164	147.86	159.56	141.47	118.24
Other Operating Expenses	17	17.52	9.43	14.35	12.74	-12.81
Operating Expenses	826.22	858.27	858.84	785.08	653.2	512.95
Operating Income	192.39	163.03	261.46	43.31	394.34	341.31
Interest Expense	-28.84	-34.01	-41.77	-29.52	-14.4	-0.37
Interest & Investment Income	11.61	30.04	46.82	30.84	32.18	52.25
Currency Exchange Gain (Loss)	66.61	66.61	29.43	123.86	-30.87	-71.98
Other Non Operating Income (Expenses)	-24.78	-3.55	-0.87	-4.73	-4.52	-3.66
EBT Excluding Unusual Items	217	222.12	295.06	163.76	376.73	317.56
Impairment of Goodwill	-	-	-	-	-2.79	-
Gain (Loss) on Sale of Investments	-48.95	-72.29	-79.55	-147.09	14.52	0.14
Gain (Loss) on Sale of Assets	-3	7.39	-1.36	2.35	-0.98	-1.38
Asset Writedown	-1.65	-	-0.55	-0.13	-0.19	-0.32
Other Unusual Items	20.28	25.68	18.62	19.85	19.25	-
Pretax Income	183.68	182.9	232.22	38.74	406.53	316
Income Tax Expense	33.16	28.14	28.24	12.79	52.31	45.32
Earnings From Continuing Operations	150.52	154.76	203.98	25.95	354.21	270.67
Minority Interest in Earnings	1.39	1.28	1.69	2.41	2.9	2.76
Net Income	151.9	156.04	205.67	28.36	357.12	273.43
Net Income to Common	151.9	156.04	205.67	28.36	357.12	273.43
Net Income Growth	-10.74%	-24.13%	625.17%	-92.06%	30.61%	-30.76%
Shares Outstanding (Basic)	354	355	355	355	357	357
Shares Outstanding (Diluted)	354	355	355	355	357	357
Shares Change (YoY)	-0.17%	0.01%	0.02%	-0.73%	-0.01%	25.62%
EPS (Basic)	0.43	0.44	0.58	0.08	1.00	0.77
EPS (Diluted)	0.43	0.44	0.58	0.08	1.00	0.77
EPS Growth	-10.59%	-24.14%	625.00%	-92.00%	30.62%	-44.88%
Free Cash Flow	-156.95	-140.31	1.06	298.36	-77.16	-107.64
Free Cash Flow Per Share	-0.44	-0.40	0.00	0.84	-0.22	-0.30
Dividend Per Share	0.100	0.100	1.000	-	0.313	0.289
Dividend Growth	-90.00%	-90.00%	-	-	8.02%	-31.00%
Gross Margin	34.41%	34.53%	36.11%	31.10%	35.31%	37.80%
Operating Margin	6.50%	5.51%	8.43%	1.63%	13.29%	15.10%
Profit Margin	5.13%	5.27%	6.63%	1.06%	12.04%	12.10%
Free Cash Flow Margin	-5.30%	-4.74%	0.03%	11.20%	-2.60%	-4.76%
EBITDA	288.69	253.76	344.79	117.3	458.76	380.8
EBITDA Margin	9.75%	8.58%	11.11%	4.40%	15.46%	16.85%
D&A For EBITDA	96.3	90.74	83.32	73.99	64.43	39.49
EBIT	192.39	163.03	261.46	43.31	394.34	341.31
EBIT Margin	6.50%	5.51%	8.43%	1.63%	13.29%	15.10%
Effective Tax Rate	18.05%	15.39%	12.16%	33.01%	12.87%	14.34%
Revenue as Reported	2,960	2,958	3,103	2,663	2,967	2,260
Advertising Expenses	-	84.89	127.74	165.82	-	-

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