SHA:603809 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	2,520	2,313	1,905	1,437	1,420	1,152
Other Revenue	46.59	46.59	40.37	34.9	23.83	18.64
Revenue	2,567	2,360	1,946	1,472	1,444	1,171
Revenue Growth (YoY)	11.59%	21.29%	32.20%	1.90%	23.35%	26.20%
Cost of Revenue	1,760	1,586	1,372	973.93	945.26	788.73
Gross Profit	806.96	774.01	574.08	497.79	498.96	382.07
Selling, General & Admin	183.32	151.86	116.31	115.14	141.06	100.22
Research & Development	158.59	144.37	98.94	100.74	80.46	56.33
Other Operating Expenses	23.26	20.71	22.6	21.49	18.69	8.86
Operating Expenses	370.49	315.37	253.71	237.83	241.63	168.25
Operating Income	436.48	458.64	320.37	259.96	257.33	213.82
Interest Expense	-73.53	-86.12	-81.15	-32.87	-22.59	-5.59
Interest & Investment Income	12.12	4.05	3.92	3.06	8.94	9.21
Currency Exchange Gain (Loss)	-0.66	-0.66	4.64	3.04	-2.52	0.8
Other Non Operating Income (Expenses)	4.06	-3.74	-6.7	-4.69	-6.61	-2.53
EBT Excluding Unusual Items	378.46	372.17	241.08	228.5	234.55	215.7
Gain (Loss) on Sale of Investments	-10.89	-28.07	-58.11	-6.53	-	-
Gain (Loss) on Sale of Assets	-1.35	-4.91	0.76	-0.52	-1.73	-2.83
Asset Writedown	-7.91	-6.23	-	-	-0.02	-
Other Unusual Items	44.2	44.2	33.46	21.65	17.74	7.61
Pretax Income	402.51	377.16	217.19	243.1	250.54	220.48
Income Tax Expense	59.86	56.64	36.2	24.46	29.34	27.65
Earnings From Continuing Operations	342.65	320.52	181	218.64	221.2	192.83
Minority Interest in Earnings	1.35	1.32	0.97	-7.24	-21.61	-16.04
Net Income	344	321.84	181.96	211.4	199.59	176.79
Net Income to Common	344	321.84	181.96	211.4	199.59	176.79
Net Income Growth	24.78%	76.87%	-13.92%	5.92%	12.90%	44.93%
Shares Outstanding (Basic)	714	660	751	746	739	732
Shares Outstanding (Diluted)	728	674	751	756	757	738
Shares Change (YoY)	-5.26%	-10.27%	-0.67%	-0.15%	2.57%	0.86%
EPS (Basic)	0.48	0.49	0.24	0.28	0.27	0.24
EPS (Diluted)	0.47	0.48	0.24	0.28	0.26	0.24
EPS Growth	31.70%	97.11%	-13.35%	6.07%	10.07%	43.70%
Free Cash Flow	-729.39	-103.39	-305.1	-243.54	-120.82	-145.14
Free Cash Flow Per Share	-1.00	-0.15	-0.41	-0.32	-0.16	-0.20
Dividend Per Share	0.154	0.154	0.104	0.094	0.080	0.086
Dividend Growth	48.03%	48.03%	11.00%	17.00%	-6.54%	49.91%
Gross Margin	31.44%	32.80%	29.51%	33.82%	34.55%	32.63%
Operating Margin	17.01%	19.43%	16.47%	17.66%	17.82%	18.26%
Profit Margin	13.40%	13.64%	9.35%	14.36%	13.82%	15.10%
Free Cash Flow Margin	-28.42%	-4.38%	-15.68%	-16.55%	-8.37%	-12.40%
EBITDA	731.91	719.94	536.15	447.09	406.16	335.08
EBITDA Margin	28.52%	30.51%	27.56%	30.38%	28.12%	28.62%
D&A For EBITDA	295.44	261.3	215.78	187.13	148.83	121.27
EBIT	436.48	458.64	320.37	259.96	257.33	213.82
EBIT Margin	17.01%	19.43%	16.47%	17.66%	17.82%	18.26%
Effective Tax Rate	14.87%	15.02%	16.66%	10.06%	11.71%	12.54%
Revenue as Reported	2,567	2,360	1,946	1,472	1,444	1,171
Advertising Expenses	-	0.11	0.16	-	-	-

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