SHA:603637 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	483.37	516	583.9	572.95	1,098	1,094
Other Revenue	1.55	1.55	1.54	1.52	1.67	2.13
Revenue	484.92	517.54	585.44	574.47	1,100	1,096
Revenue Growth (YoY)	-12.65%	-11.60%	1.91%	-47.78%	0.35%	6.12%
Cost of Revenue	333.35	376.85	427.7	413.04	983.77	983.21
Gross Profit	151.57	140.69	157.74	161.43	116.28	113
Selling, General & Admin	35.49	36.7	36.08	31.09	29.89	34.59
Research & Development	33	33.52	35.4	34.7	35.28	34.4
Other Operating Expenses	15.9	3.41	3.53	5.9	4.32	-5.71
Operating Expenses	82.55	70.93	79.13	75.23	68.65	65.39
Operating Income	69.02	69.76	78.61	86.21	47.63	47.6
Interest & Investment Income	11.71	25.28	20.2	21.67	31.12	27.41
Currency Exchange Gain (Loss)	0.01	0.01	0.04	0.21	-0.04	-0.18
Other Non Operating Income (Expenses)	-0.12	-0.07	-0.17	-0.65	-0.21	-1.46
EBT Excluding Unusual Items	80.62	94.98	98.68	107.45	78.5	73.38
Gain (Loss) on Sale of Assets	-0.01	-	-0.04	-	-0	0.01
Other Unusual Items	14.47	14.47	14.21	9.84	6.34	-
Pretax Income	102.3	109.45	112.85	117.29	84.83	73.39
Income Tax Expense	9.55	12.21	11.6	14.24	9.94	8.27
Net Income	92.74	97.24	101.25	103.05	74.89	65.12
Net Income to Common	92.74	97.24	101.25	103.05	74.89	65.12
Net Income Growth	-7.58%	-3.97%	-1.75%	37.60%	14.99%	13.26%
Shares Outstanding (Basic)	238	237	241	240	242	241
Shares Outstanding (Diluted)	238	237	241	240	242	241
Shares Change (YoY)	-0.19%	-1.62%	0.59%	-0.80%	0.16%	0.67%
EPS (Basic)	0.39	0.41	0.42	0.43	0.31	0.27
EPS (Diluted)	0.39	0.41	0.42	0.43	0.31	0.27
EPS Growth	-7.41%	-2.38%	-2.33%	38.71%	14.82%	12.50%
Free Cash Flow	186.43	46.11	52.21	65.04	191.11	-143.85
Free Cash Flow Per Share	0.78	0.19	0.22	0.27	0.79	-0.60
Dividend Per Share	0.200	0.200	0.130	0.130	0.120	0.150
Dividend Growth	53.85%	53.85%	-	8.33%	-20.00%	4.97%
Gross Margin	31.26%	27.18%	26.94%	28.10%	10.57%	10.31%
Operating Margin	14.23%	13.48%	13.43%	15.01%	4.33%	4.34%
Profit Margin	19.13%	18.79%	17.29%	17.94%	6.81%	5.94%
Free Cash Flow Margin	38.45%	8.91%	8.92%	11.32%	17.37%	-13.12%
EBITDA	75.34	77.41	88.04	95.04	56.61	56.43
EBITDA Margin	15.54%	14.96%	15.04%	16.54%	5.15%	5.15%
D&A For EBITDA	6.33	7.66	9.43	8.83	8.98	8.83
EBIT	69.02	69.76	78.61	86.21	47.63	47.6
EBIT Margin	14.23%	13.48%	13.43%	15.01%	4.33%	4.34%
Effective Tax Rate	9.34%	11.16%	10.28%	12.14%	11.72%	11.27%
Revenue as Reported	484.92	517.54	585.44	574.47	1,100	1,096

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