SHA:603687 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	2,146	2,068	1,953	1,991	1,597	1,299
Other Revenue	63.42	63.42	61.1	66.85	67.31	52.06
Revenue	2,209	2,131	2,014	2,058	1,664	1,351
Revenue Growth (YoY)	7.56%	5.83%	-2.16%	23.66%	23.20%	6.68%
Cost of Revenue	1,795	1,758	1,678	1,731	1,461	1,194
Gross Profit	413.72	372.99	335.34	327.1	203.07	157.38
Selling, General & Admin	163.27	166.11	138.24	128.01	86.69	75.37
Research & Development	90.41	82.85	82.5	79.58	56.64	52.36
Other Operating Expenses	20.12	-5.94	1.56	7.02	-2.1	-5.23
Operating Expenses	281.57	250.05	220.45	216.31	146.44	128.35
Operating Income	132.14	122.94	114.9	110.79	56.63	29.03
Interest Expense	-0.96	-2.81	-36.63	-36.38	-34.99	-18.59
Interest & Investment Income	17.2	27.7	42.14	28.44	39.26	25.39
Currency Exchange Gain (Loss)	-4.2	-4.2	-0.21	3.18	-0.15	-0.43
Other Non Operating Income (Expenses)	36.97	2.71	-1.28	0.08	-1.97	-1.45
EBT Excluding Unusual Items	181.15	146.34	118.91	106.11	58.77	33.96
Gain (Loss) on Sale of Investments	0.54	0.12	-	-	-	-
Gain (Loss) on Sale of Assets	-0.79	-5.22	1.44	-3	-0.25	102.15
Asset Writedown	-4.65	-5.31	-2.03	-	-0.12	-0.17
Other Unusual Items	23.88	21.5	27.18	34.64	40.09	180.25
Pretax Income	200.12	157.43	145.5	137.75	98.5	316.19
Income Tax Expense	31.9	26.54	17.36	10.57	3.97	43.95
Earnings From Continuing Operations	168.22	130.89	128.14	127.19	94.53	272.24
Net Income to Company	168.22	130.89	128.14	127.19	94.53	272.24
Minority Interest in Earnings	-53.75	-24.63	-39.59	-21.85	3.02	6.59
Net Income	114.46	106.26	88.55	105.34	97.55	278.83
Net Income to Common	114.46	106.26	88.55	105.34	97.55	278.83
Net Income Growth	20.10%	20.00%	-15.94%	7.99%	-65.02%	163.93%
Shares Outstanding (Basic)	547	559	443	421	406	410
Shares Outstanding (Diluted)	547	559	443	421	406	410
Shares Change (YoY)	1.29%	26.31%	5.08%	3.67%	-0.88%	8.68%
EPS (Basic)	0.21	0.19	0.20	0.25	0.24	0.68
EPS (Diluted)	0.21	0.19	0.20	0.25	0.24	0.68
EPS Growth	18.57%	-5.00%	-20.00%	4.17%	-64.71%	142.86%
Free Cash Flow	160.49	20.08	23.04	17.02	-74.42	75.45
Free Cash Flow Per Share	0.29	0.04	0.05	0.04	-0.18	0.18
Dividend Per Share	0.058	0.058	0.049	0.025	0.024	0.068
Dividend Growth	19.99%	19.99%	93.99%	4.67%	-64.71%	161.54%
Gross Margin	18.73%	17.50%	16.65%	15.89%	12.20%	11.65%
Operating Margin	5.98%	5.77%	5.71%	5.38%	3.40%	2.15%
Profit Margin	5.18%	4.99%	4.40%	5.12%	5.86%	20.64%
Free Cash Flow Margin	7.27%	0.94%	1.14%	0.83%	-4.47%	5.58%
EBITDA	273.91	252.36	227.85	213.2	132.25	105.92
EBITDA Margin	12.40%	11.84%	11.31%	10.36%	7.95%	7.84%
D&A For EBITDA	141.77	129.42	112.95	102.41	75.62	76.89
EBIT	132.14	122.94	114.9	110.79	56.63	29.03
EBIT Margin	5.98%	5.77%	5.71%	5.38%	3.40%	2.15%
Effective Tax Rate	15.94%	16.86%	11.93%	7.67%	4.03%	13.90%
Revenue as Reported	2,209	2,131	2,014	2,058	1,664	1,351

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