SHA:603883 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	22,051	22,213	22,288	20,055	15,579	13,867
Other Revenue	144.48	144.48	149.26	120.29	117.11	99.9
Revenue	22,196	22,358	22,437	20,176	15,696	13,967
Revenue Growth (YoY)	-1.91%	-0.36%	11.21%	28.54%	12.38%	19.75%
Cost of Revenue	15,053	14,946	15,157	13,751	10,659	9,506
Gross Profit	7,143	7,412	7,280	6,425	5,037	4,461
Selling, General & Admin	6,087	6,205	5,753	5,005	3,990	3,483
Research & Development	65.05	2.01	2.51	2.23	-	0.15
Other Operating Expenses	57.78	33.68	46.21	38.51	14.95	43.66
Operating Expenses	6,215	6,247	5,811	5,053	4,010	3,536
Operating Income	927.31	1,165	1,469	1,371	1,027	924.58
Interest Expense	-140.41	-178.25	-185.6	-232.14	-192.13	-58.49
Interest & Investment Income	21.94	22.83	93.87	51.35	37.14	20.77
Currency Exchange Gain (Loss)	-1.25	-1.25	-5.22	-16.91	4.8	-
Other Non Operating Income (Expenses)	-8.11	-13.65	-14.61	-13.4	-14.44	-27.93
EBT Excluding Unusual Items	799.48	994.5	1,357	1,160	861.9	858.93
Impairment of Goodwill	-107.54	-107.54	-	-	-	-
Gain (Loss) on Sale of Investments	1.5	-	-1.5	5.77	10.47	-
Gain (Loss) on Sale of Assets	-5.2	-4.53	5.51	1.44	4.66	-1.43
Asset Writedown	-0.7	-	-	-	-	-
Other Unusual Items	76.55	33.54	46.69	40.21	84.95	99.37
Pretax Income	764.09	915.97	1,408	1,208	961.99	956.86
Income Tax Expense	186.33	230.85	284.27	231.37	175.26	192.38
Earnings From Continuing Operations	577.76	685.12	1,124	976.24	786.73	764.48
Minority Interest in Earnings	-160.2	-166.05	-194.54	-191.28	-117.49	-143.39
Net Income	417.56	519.06	929.02	784.96	669.24	621.09
Net Income to Common	417.56	519.06	929.02	784.96	669.24	621.09
Net Income Growth	-50.44%	-44.13%	18.35%	17.29%	7.75%	22.09%
Shares Outstanding (Basic)	760	763	755	750	707	682
Shares Outstanding (Diluted)	760	763	755	750	707	691
Shares Change (YoY)	0.97%	1.06%	0.67%	6.08%	2.42%	1.21%
EPS (Basic)	0.55	0.68	1.23	1.05	0.95	0.91
EPS (Diluted)	0.55	0.68	1.23	1.05	0.95	0.90
EPS Growth	-50.92%	-44.71%	17.57%	10.57%	5.20%	20.63%
Free Cash Flow	2,526	1,519	2,109	2,006	1,820	1,053
Free Cash Flow Per Share	3.32	1.99	2.79	2.67	2.57	1.52
Dividend Per Share	0.220	0.411	0.508	0.385	0.296	0.207
Dividend Growth	-73.76%	-19.11%	32.01%	30.02%	42.83%	16.68%
Gross Margin	32.18%	33.15%	32.45%	31.84%	32.09%	31.94%
Operating Margin	4.18%	5.21%	6.55%	6.80%	6.54%	6.62%
Profit Margin	1.88%	2.32%	4.14%	3.89%	4.26%	4.45%
Free Cash Flow Margin	11.38%	6.79%	9.40%	9.94%	11.59%	7.54%
EBITDA	1,097	1,345	1,662	1,533	1,162	1,037
EBITDA Margin	4.94%	6.01%	7.41%	7.60%	7.41%	7.42%
D&A For EBITDA	169.46	179.84	193.69	161.87	135.67	112.02
EBIT	927.31	1,165	1,469	1,371	1,027	924.58
EBIT Margin	4.18%	5.21%	6.55%	6.80%	6.54%	6.62%
Effective Tax Rate	24.39%	25.20%	20.19%	19.16%	18.22%	20.11%
Revenue as Reported	22,196	22,358	22,437	20,176	15,696	13,967
Advertising Expenses	-	115.57	117.99	94.5	109.84	103.68

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