SHA:603730 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	6,324	6,378	6,299	5,781	5,056	4,089
Other Revenue	43.8	43.8	77.97	80.33	89.59	119.24
Revenue	6,368	6,422	6,377	5,861	5,146	4,209
Revenue Growth (YoY)	-0.20%	0.70%	8.80%	13.91%	22.26%	6.55%
Cost of Revenue	4,760	4,789	4,757	4,329	4,011	3,201
Gross Profit	1,608	1,633	1,620	1,532	1,135	1,008
Selling, General & Admin	432.91	449.19	473.54	454.87	440.87	385.43
Research & Development	219.45	224.2	219.49	229.47	207.57	187.2
Other Operating Expenses	30.59	28.75	26.83	23.37	16.63	4.89
Operating Expenses	682.21	701.41	721.15	703.42	673.47	580.24
Operating Income	925.81	931.55	898.56	829.04	461.43	427.87
Interest Expense	-46.55	-46.55	-46.69	-34.22	-8.31	-9.39
Interest & Investment Income	21.41	21.2	19.49	7.95	37.81	190.44
Currency Exchange Gain (Loss)	-25.99	-25.99	63.3	36.42	101.56	-45.83
Other Non Operating Income (Expenses)	-50.4	-1.85	0.62	-4.75	-1.24	-1.49
EBT Excluding Unusual Items	824.28	878.36	935.28	834.44	591.25	561.59
Gain (Loss) on Sale of Investments	0.48	0.48	-8.12	-55.73	-18.25	-111.25
Gain (Loss) on Sale of Assets	2.28	0.91	-0.03	0.32	0.17	-3.46
Asset Writedown	-71.66	-76.31	-3.74	-6.14	-6.03	-0.65
Other Unusual Items	-27.31	-27.31	16.44	27.4	23.23	9.64
Pretax Income	728.07	776.13	939.84	800.29	590.36	455.88
Income Tax Expense	90.89	116.39	137.66	146.31	20.55	39.81
Earnings From Continuing Operations	637.18	659.74	802.18	653.98	569.81	416.07
Minority Interest in Earnings	-	-	-	-	-	0
Net Income	637.18	659.74	802.18	653.98	569.81	416.07
Net Income to Common	637.18	659.74	802.18	653.98	569.81	416.07
Net Income Growth	-21.92%	-17.76%	22.66%	14.77%	36.95%	5.83%
Shares Outstanding (Basic)	2,124	2,128	2,168	2,125	2,140	2,157
Shares Outstanding (Diluted)	2,195	2,199	2,168	2,125	2,140	2,157
Shares Change (YoY)	1.50%	1.43%	2.01%	-0.67%	-0.80%	-0.10%
EPS (Basic)	0.30	0.31	0.37	0.31	0.27	0.19
EPS (Diluted)	0.29	0.30	0.37	0.31	0.27	0.19
EPS Growth	-23.08%	-18.92%	20.25%	15.55%	38.05%	5.93%
Free Cash Flow	761.96	876.89	589.44	229.32	4.47	-85.48
Free Cash Flow Per Share	0.35	0.40	0.27	0.11	0.00	-0.04
Dividend Per Share	0.250	0.250	0.035	0.237	0.219	0.169
Dividend Growth	614.29%	614.29%	-85.21%	7.98%	30.01%	24.98%
Gross Margin	25.25%	25.43%	25.40%	26.15%	22.05%	23.95%
Operating Margin	14.54%	14.51%	14.09%	14.14%	8.97%	10.17%
Profit Margin	10.01%	10.27%	12.58%	11.16%	11.07%	9.89%
Free Cash Flow Margin	11.96%	13.66%	9.24%	3.91%	0.09%	-2.03%
EBITDA	1,128	1,130	1,079	996.66	615.17	580.48
EBITDA Margin	17.72%	17.59%	16.92%	17.00%	11.96%	13.79%
D&A For EBITDA	202.55	198.14	180.5	167.62	153.75	152.61
EBIT	925.81	931.55	898.56	829.04	461.43	427.87
EBIT Margin	14.54%	14.51%	14.09%	14.14%	8.97%	10.17%
Effective Tax Rate	12.48%	15.00%	14.65%	18.28%	3.48%	8.73%
Revenue as Reported	6,422	6,422	6,377	5,861	5,146	4,209

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