SHA:603659 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	14,351	13,361	15,205	15,417	8,972	5,266
Other Revenue	87.38	87.38	135.29	47.31	23.6	14.57
Revenue	14,438	13,448	15,340	15,464	8,996	5,281
Revenue Growth (YoY)	7.01%	-12.33%	-0.80%	71.90%	70.36%	10.05%
Cost of Revenue	10,778	10,439	11,355	10,049	5,838	3,637
Gross Profit	3,661	3,009	3,985	5,415	3,158	1,643
Selling, General & Admin	836.37	769.34	844.6	817.25	518.27	327.48
Research & Development	805.14	743.38	960.65	921.44	542.74	264.11
Other Operating Expenses	2.77	-26.06	-62.62	86.08	60.45	28.8
Operating Expenses	1,661	1,508	1,756	1,882	1,167	698.81
Operating Income	2,000	1,502	2,229	3,533	1,990	944.47
Interest Expense	-248.5	-255.94	-252.32	-151.48	-83.1	-136.54
Interest & Investment Income	227.52	230.3	194.14	160.72	120.92	38.87
Currency Exchange Gain (Loss)	20.84	20.84	8.69	36.21	-17.98	-53.49
Other Non Operating Income (Expenses)	-46.28	-24.23	1.45	-11.89	-15.1	-5.38
EBT Excluding Unusual Items	1,954	1,473	2,181	3,567	1,995	787.93
Impairment of Goodwill	-10.92	-10.92	-	-	-	-19.17
Gain (Loss) on Sale of Investments	27.15	4.27	28.77	6.29	-54.6	-
Gain (Loss) on Sale of Assets	-3.7	-4.7	-12.16	-11.89	-4.12	-9.97
Asset Writedown	-15.64	-90.11	-	-61.06	-9.31	-
Other Unusual Items	145.33	145.33	153.97	171.2	102.07	56.7
Pretax Income	2,096	1,517	2,351	3,671	2,029	815.49
Income Tax Expense	285.42	132.5	214.37	347.08	246.4	88.55
Earnings From Continuing Operations	1,810	1,384	2,137	3,324	1,783	726.94
Minority Interest in Earnings	-158.38	-193.62	-225.32	-219.91	-34.15	-59.3
Net Income	1,652	1,191	1,912	3,104	1,749	667.64
Net Income to Common	1,652	1,191	1,912	3,104	1,749	667.64
Net Income Growth	8.60%	-37.72%	-38.42%	77.53%	161.93%	2.54%
Shares Outstanding (Basic)	2,118	2,126	2,012	2,016	1,996	1,776
Shares Outstanding (Diluted)	2,138	2,126	2,034	2,016	2,012	1,793
Shares Change (YoY)	0.54%	4.55%	0.88%	0.18%	12.25%	1.75%
EPS (Basic)	0.78	0.56	0.95	1.54	0.88	0.38
EPS (Diluted)	0.77	0.56	0.94	1.54	0.87	0.37
EPS Growth	8.01%	-40.43%	-38.96%	77.22%	133.35%	0.78%
Free Cash Flow	1,115	-891.64	-2,853	-1,608	-946.86	-56.04
Free Cash Flow Per Share	0.52	-0.42	-1.40	-0.80	-0.47	-0.03
Dividend Per Share	0.170	0.170	0.140	0.234	0.174	0.101
Dividend Growth	21.43%	21.43%	-40.30%	34.92%	72.08%	-8.85%
Gross Margin	25.35%	22.38%	25.98%	35.02%	35.10%	31.12%
Operating Margin	13.85%	11.17%	14.53%	22.85%	22.13%	17.89%
Profit Margin	11.44%	8.85%	12.46%	20.08%	19.44%	12.64%
Free Cash Flow Margin	7.72%	-6.63%	-18.60%	-10.40%	-10.53%	-1.06%
EBITDA	2,958	2,332	2,888	4,055	2,332	1,137
EBITDA Margin	20.49%	17.34%	18.82%	26.22%	25.93%	21.54%
D&A For EBITDA	958.34	829.99	658.87	522.12	341.87	193.02
EBIT	2,000	1,502	2,229	3,533	1,990	944.47
EBIT Margin	13.85%	11.17%	14.53%	22.85%	22.13%	17.89%
Effective Tax Rate	13.62%	8.74%	9.12%	9.45%	12.14%	10.86%
Revenue as Reported	14,438	13,448	15,340	15,464	8,996	5,281
Advertising Expenses	-	17.1	8.76	5.43	4.61	4.29

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