SHA:603806 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	15,640	19,027	22,494	18,824	12,809	8,355
Other Revenue	120.91	120.91	94.15	53.74	48.49	37.69
Revenue	15,761	19,147	22,589	18,877	12,858	8,393
Revenue Growth (YoY)	-25.35%	-15.23%	19.66%	46.82%	53.20%	31.59%
Cost of Revenue	14,065	16,397	19,335	16,090	9,652	6,018
Gross Profit	1,697	2,750	3,254	2,788	3,206	2,376
Selling, General & Admin	355.87	376.51	351.25	291.89	202.77	262.19
Research & Development	503.22	657.27	792.03	644.8	453.59	309.08
Other Operating Expenses	-21.41	3.83	-28.45	52.61	41.93	34.9
Operating Expenses	1,037	1,319	1,507	1,227	768.45	612.14
Operating Income	659.75	1,431	1,747	1,561	2,438	1,763
Interest Expense	-21.31	-57.06	-77.06	-21.14	-7.17	-9.1
Interest & Investment Income	85.84	107.75	164.46	137.7	51.79	73.21
Currency Exchange Gain (Loss)	-25.74	-25.74	-31.06	54.26	22.61	-2.64
Other Non Operating Income (Expenses)	85.41	1.53	-3.66	-1.58	-2.4	-1.34
EBT Excluding Unusual Items	783.94	1,457	1,800	1,730	2,502	1,824
Gain (Loss) on Sale of Investments	11.89	-7.56	-	-4.87	2.48	-2.3
Gain (Loss) on Sale of Assets	-23.1	-20.76	-5.34	-8.32	0.28	-0.9
Asset Writedown	19.3	-	-40.75	-	-0.97	-0.97
Other Unusual Items	37.23	49.79	294.89	-15.13	-35.2	-37.7
Pretax Income	829.26	1,479	2,049	1,702	2,469	1,782
Income Tax Expense	129.13	189.65	200.03	122.8	271.34	216.5
Earnings From Continuing Operations	700.12	1,289	1,849	1,579	2,198	1,565
Minority Interest in Earnings	37.01	18.4	1.29	-0.64	-1.19	-0.27
Net Income	737.13	1,308	1,850	1,579	2,197	1,565
Net Income to Common	737.13	1,308	1,850	1,579	2,197	1,565
Net Income Growth	-56.05%	-29.33%	17.21%	-28.13%	40.35%	63.52%
Shares Outstanding (Basic)	2,633	2,615	2,606	2,600	2,563	2,468
Shares Outstanding (Diluted)	2,633	2,615	2,606	2,600	2,563	2,468
Shares Change (YoY)	0.48%	0.36%	0.22%	1.46%	3.84%	1.81%
EPS (Basic)	0.28	0.50	0.71	0.61	0.86	0.63
EPS (Diluted)	0.28	0.50	0.71	0.61	0.86	0.63
EPS Growth	-56.26%	-29.58%	16.95%	-29.17%	35.17%	60.61%
Free Cash Flow	1,283	3,746	-768.95	-550.9	-683.59	-83.45
Free Cash Flow Per Share	0.49	1.43	-0.29	-0.21	-0.27	-0.03
Dividend Per Share	0.260	0.260	0.186	0.076	0.128	0.137
Dividend Growth	40.01%	40.01%	142.75%	-40.05%	-6.66%	14.59%
Gross Margin	10.76%	14.36%	14.41%	14.77%	24.93%	28.30%
Operating Margin	4.19%	7.47%	7.74%	8.27%	18.96%	21.01%
Profit Margin	4.68%	6.83%	8.19%	8.36%	17.08%	18.65%
Free Cash Flow Margin	8.14%	19.56%	-3.40%	-2.92%	-5.32%	-0.99%
EBITDA	1,128	1,836	2,068	1,804	2,628	1,895
EBITDA Margin	7.16%	9.59%	9.15%	9.56%	20.44%	22.58%
D&A For EBITDA	468.2	404.75	320.15	242.79	190.47	131.68
EBIT	659.75	1,431	1,747	1,561	2,438	1,763
EBIT Margin	4.19%	7.47%	7.74%	8.27%	18.96%	21.01%
Effective Tax Rate	15.57%	12.83%	9.76%	7.22%	10.99%	12.15%
Revenue as Reported	15,761	19,147	22,589	18,877	12,858	8,393
Advertising Expenses	-	5.94	3.78	1.34	0.98	0.73

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