SHA:603662 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	1,393	1,230	1,005	987.15	993.78	811.41
Other Revenue	65.03	65.03	67.47	73.35	37.35	23.95
Revenue	1,458	1,295	1,072	1,061	1,031	835.36
Revenue Growth (YoY)	23.01%	20.79%	1.10%	2.85%	23.44%	12.82%
Cost of Revenue	829.53	745.82	615.79	639.67	638.47	499.58
Gross Profit	628.43	549.31	456.39	420.83	392.66	335.77
Selling, General & Admin	215.78	177.18	126.79	131.18	117.76	98.34
Research & Development	128.32	107.94	97.87	84.94	59.65	46.88
Other Operating Expenses	-5.77	-9.16	5.37	3.07	3	5.63
Operating Expenses	351.35	285.57	232.16	219.05	186.49	151.85
Operating Income	277.08	263.74	224.23	201.78	206.17	183.93
Interest Expense	-15.89	-18.85	-20.54	-17.51	-5.57	-2.08
Interest & Investment Income	44.52	2.91	73.88	47.99	56.81	44.26
Currency Exchange Gain (Loss)	1.61	1.61	1.72	3.56	-1.13	-0.22
Other Non Operating Income (Expenses)	-5.47	-0.03	-0.12	0.93	-0.21	1.33
EBT Excluding Unusual Items	301.85	249.39	279.17	236.76	256.06	227.21
Impairment of Goodwill	-9.98	-9.98	-	-3.91	-	-
Gain (Loss) on Sale of Investments	97.8	59.4	62.68	18.29	11.97	3.32
Gain (Loss) on Sale of Assets	1.22	2.29	2.22	0.21	0.05	0.89
Asset Writedown	-1.18	-0.09	-0.02	-0.1	-0	-
Other Unusual Items	25.58	25.58	33.43	54.91	23.94	30.63
Pretax Income	415.29	326.59	377.48	306.16	292.02	262.05
Income Tax Expense	36.3	21.27	42.19	30.72	35.84	38.41
Earnings From Continuing Operations	378.99	305.32	335.29	275.43	256.17	223.64
Minority Interest in Earnings	-55.02	-44.81	-22.86	-15.31	-4.93	-3.59
Net Income	323.97	260.51	312.43	260.12	251.24	220.05
Net Income to Common	323.97	260.51	312.43	260.12	251.24	220.05
Net Income Growth	11.91%	-16.62%	20.11%	3.53%	14.17%	20.19%
Shares Outstanding (Basic)	285	283	284	283	282	234
Shares Outstanding (Diluted)	285	283	284	283	282	234
Shares Change (YoY)	1.40%	-0.30%	0.46%	0.16%	20.65%	-0.03%
EPS (Basic)	1.14	0.92	1.10	0.92	0.89	0.94
EPS (Diluted)	1.14	0.92	1.10	0.92	0.89	0.94
EPS Growth	10.36%	-16.36%	19.56%	3.37%	-5.37%	20.22%
Free Cash Flow	127.65	59.21	87.11	-37.86	30.95	152.87
Free Cash Flow Per Share	0.45	0.21	0.31	-0.13	0.11	0.65
Dividend Per Share	0.278	0.278	0.332	0.277	0.269	0.238
Dividend Growth	-16.27%	-16.27%	19.86%	2.90%	13.06%	11.99%
Gross Margin	43.10%	42.41%	42.57%	39.68%	38.08%	40.20%
Operating Margin	19.00%	20.36%	20.91%	19.03%	19.99%	22.02%
Profit Margin	22.22%	20.11%	29.14%	24.53%	24.37%	26.34%
Free Cash Flow Margin	8.76%	4.57%	8.13%	-3.57%	3.00%	18.30%
EBITDA	331.87	322.08	287.31	260.92	255.69	232.2
EBITDA Margin	22.76%	24.87%	26.80%	24.60%	24.80%	27.80%
D&A For EBITDA	54.79	58.34	63.08	59.14	49.52	48.27
EBIT	277.08	263.74	224.23	201.78	206.17	183.93
EBIT Margin	19.00%	20.36%	20.91%	19.03%	19.99%	22.02%
Effective Tax Rate	8.74%	6.51%	11.18%	10.04%	12.28%	14.66%
Revenue as Reported	1,458	1,295	1,072	1,061	1,031	835.36
Advertising Expenses	-	1.64	1.45	1.07	0.61	0.76

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