SHA:603662 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	Mar '26 Mar 31, 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	1,530	1,488	1,230	1,005	987.15	993.78
Other Revenue	70.67	70.67	65.03	67.47	73.35	37.35
Revenue	1,601	1,558	1,295	1,072	1,061	1,031
Revenue Growth (YoY)	17.48%	20.33%	20.79%	1.10%	2.85%	23.44%
Cost of Revenue	879.81	864.76	745.82	615.79	639.67	638.47
Gross Profit	720.74	693.68	549.31	456.39	420.83	392.66
Selling, General & Admin	247.52	236.57	177.18	126.79	131.18	117.76
Research & Development	148.8	142.58	107.94	97.87	84.94	59.65
Other Operating Expenses	-5.73	-5.89	-9.16	5.37	3.07	3
Operating Expenses	403.86	385.98	285.57	232.16	219.05	186.49
Operating Income	316.89	307.7	263.74	224.23	201.78	206.17
Interest Expense	-15.87	-16.73	-18.85	-20.54	-17.51	-5.57
Interest & Investment Income	22.51	18.48	2.91	73.88	47.99	56.81
Currency Exchange Gain (Loss)	-1.09	-1.09	1.61	1.72	3.56	-1.13
Other Non Operating Income (Expenses)	-9.54	-6.33	-0.03	-0.12	0.93	-0.21
EBT Excluding Unusual Items	312.9	302.02	249.39	279.17	236.76	256.06
Impairment of Goodwill	-22.04	-22.04	-9.98	-	-3.91	-
Gain (Loss) on Sale of Investments	87.02	136.89	59.4	62.68	18.29	11.97
Gain (Loss) on Sale of Assets	0.54	1.23	2.29	2.22	0.21	0.05
Asset Writedown	-0.65	-0.09	-0.09	-0.02	-0.1	-0
Other Unusual Items	12.65	12.65	25.58	33.43	54.91	23.94
Pretax Income	390.41	430.65	326.59	377.48	306.16	292.02
Income Tax Expense	31.58	39.29	21.27	42.19	30.72	35.84
Earnings From Continuing Operations	358.83	391.35	305.32	335.29	275.43	256.17
Minority Interest in Earnings	-52.81	-50.8	-44.81	-22.86	-15.31	-4.93
Net Income	306.02	340.55	260.51	312.43	260.12	251.24
Net Income to Common	306.02	340.55	260.51	312.43	260.12	251.24
Net Income Growth	4.39%	30.73%	-16.62%	20.11%	3.53%	14.17%
Shares Outstanding (Basic)	280	281	283	284	283	282
Shares Outstanding (Diluted)	280	281	283	284	283	282
Shares Change (YoY)	-0.56%	-0.60%	-0.30%	0.46%	0.16%	20.65%
EPS (Basic)	1.09	1.21	0.92	1.10	0.92	0.89
EPS (Diluted)	1.09	1.21	0.92	1.10	0.92	0.89
EPS Growth	4.98%	31.52%	-16.36%	19.56%	3.37%	-5.37%
Free Cash Flow	321.9	298.64	72.68	87.11	-37.86	30.95
Free Cash Flow Per Share	1.15	1.06	0.26	0.31	-0.13	0.11
Dividend Per Share	0.364	0.364	0.278	0.332	0.277	0.269
Dividend Growth	30.94%	30.94%	-16.27%	19.86%	2.90%	13.06%
Gross Margin	45.03%	44.51%	42.41%	42.57%	39.68%	38.08%
Operating Margin	19.80%	19.74%	20.36%	20.91%	19.03%	19.99%
Profit Margin	19.12%	21.85%	20.11%	29.14%	24.53%	24.37%
Free Cash Flow Margin	20.11%	19.16%	5.61%	8.13%	-3.57%	3.00%
EBITDA	393.65	382.71	331.73	287.31	260.92	255.69
EBITDA Margin	24.59%	24.56%	25.61%	26.80%	24.60%	24.80%
D&A For EBITDA	76.77	75.01	67.99	63.08	59.14	49.52
EBIT	316.89	307.7	263.74	224.23	201.78	206.17
EBIT Margin	19.80%	19.74%	20.36%	20.91%	19.03%	19.99%
Effective Tax Rate	8.09%	9.12%	6.51%	11.18%	10.04%	12.28%
Revenue as Reported	1,601	1,558	1,295	1,072	1,061	1,031
Advertising Expenses	-	3.83	1.64	1.45	1.07	0.61

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