SHA:603698 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	4,725	3,405	2,802	2,501	2,405	2,049
Other Revenue	4.48	4.48	5.5	5.03	27.05	21.82
Revenue	4,730	3,410	2,807	2,506	2,432	2,071
Revenue Growth (YoY)	58.23%	21.45%	12.02%	3.07%	17.44%	16.55%
Cost of Revenue	3,848	2,731	2,205	1,996	2,072	1,633
Gross Profit	881.35	678.61	602.43	510.19	359.65	437.54
Selling, General & Admin	249.32	247.38	180.83	167.69	165.96	155.11
Research & Development	304.52	246.68	161.04	128.64	157.88	111.21
Other Operating Expenses	2.36	7.14	11.01	14.81	16.5	17.58
Operating Expenses	515.93	488.85	463.66	362.68	315.69	273.81
Operating Income	365.41	189.76	138.77	147.51	43.96	163.73
Interest Expense	-20.61	-10.3	-	-0.29	-	-
Interest & Investment Income	31.59	77.75	47.71	21.52	43.08	27.45
Other Non Operating Income (Expenses)	-4.94	-4.03	-0.92	-1.54	-0.03	-0.15
EBT Excluding Unusual Items	371.45	253.18	185.56	167.2	87.01	191.02
Gain (Loss) on Sale of Assets	-	-	-	-0	8.33	-0.07
Other Unusual Items	13.33	13.3	7.96	8.32	63.47	3.97
Pretax Income	324.4	266.48	193.52	175.52	158.82	194.92
Income Tax Expense	31.8	38.65	6.37	8.42	3.32	15.58
Earnings From Continuing Operations	292.6	227.83	187.16	167.1	155.5	179.33
Minority Interest in Earnings	-96.47	-38.62	-	-	-	-
Net Income	196.12	189.21	187.16	167.1	155.5	179.33
Net Income to Common	196.12	189.21	187.16	167.1	155.5	179.33
Net Income Growth	-8.19%	1.09%	12.00%	7.46%	-13.29%	15.47%
Shares Outstanding (Basic)	545	541	535	539	536	543
Shares Outstanding (Diluted)	545	541	535	539	536	543
Shares Change (YoY)	-1.12%	1.09%	-0.80%	0.53%	-1.33%	1.47%
EPS (Basic)	0.36	0.35	0.35	0.31	0.29	0.33
EPS (Diluted)	0.36	0.35	0.35	0.31	0.29	0.33
EPS Growth	-7.15%	-	12.90%	6.90%	-12.12%	13.79%
Free Cash Flow	-81.62	138.9	245.08	378.27	265.9	250.08
Free Cash Flow Per Share	-0.15	0.26	0.46	0.70	0.50	0.46
Dividend Per Share	0.163	0.108	0.105	0.098	0.088	0.101
Dividend Growth	55.24%	2.86%	7.14%	11.36%	-12.87%	16.09%
Gross Margin	18.63%	19.90%	21.46%	20.36%	14.79%	21.13%
Operating Margin	7.73%	5.56%	4.94%	5.89%	1.81%	7.91%
Profit Margin	4.15%	5.55%	6.67%	6.67%	6.40%	8.66%
Free Cash Flow Margin	-1.73%	4.07%	8.73%	15.09%	10.94%	12.08%
EBITDA	469.71	268.97	184.51	193.38	84.57	207.06
EBITDA Margin	9.93%	7.89%	6.57%	7.72%	3.48%	10.00%
D&A For EBITDA	104.3	79.2	45.74	45.87	40.61	43.34
EBIT	365.41	189.76	138.77	147.51	43.96	163.73
EBIT Margin	7.73%	5.56%	4.94%	5.89%	1.81%	7.91%
Effective Tax Rate	9.80%	14.50%	3.29%	4.80%	2.09%	7.99%
Revenue as Reported	4,730	3,410	2,807	2,506	2,432	2,071
Advertising Expenses	-	3.04	0.84	0.65	0.53	1.56

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