SHA:603983 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	2017 - 2020
Period Ending	Jun '25 Jun 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	2017 - 2020
Operating Revenue	3,384	2,968	2,225	1,730	1,726	1,744	Upgrade
Other Revenue	2.66	2.04	0.66	1.9	60.68	1.09	Upgrade
Revenue	3,387	2,970	2,226	1,732	1,787	1,745	Upgrade
Revenue Growth (YoY)	34.47%	33.44%	28.52%	-3.09%	2.41%	-3.10%	Upgrade
Cost of Revenue	895.88	793.26	665.27	557.04	654.5	595.69	Upgrade
Gross Profit	2,491	2,177	1,560	1,175	1,133	1,149	Upgrade
Selling, General & Admin	2,029	1,743	1,307	957.43	841.66	642.71	Upgrade
Research & Development	78.39	73.54	62.29	52.93	50.49	50.15	Upgrade
Other Operating Expenses	29.89	20.53	17.88	24.1	23.33	18.45	Upgrade
Operating Expenses	2,137	1,837	1,385	1,037	916.19	711.36	Upgrade
Operating Income	353.63	339.19	175.31	137.59	216.34	437.94	Upgrade
Interest Expense	-9.98	-9.86	-6.63	-3.24	-1.02	-1.13	Upgrade
Interest & Investment Income	36.98	44.44	65.05	43.64	60.14	87.43	Upgrade
Currency Exchange Gain (Loss)	0.42	-0.01	0.02	0.06	1.74	7.78	Upgrade
Other Non Operating Income (Expenses)	-0.42	-0.29	-0.64	0.21	-0.98	-0.48	Upgrade
EBT Excluding Unusual Items	380.62	373.47	233.12	178.26	276.22	531.54	Upgrade
Gain (Loss) on Sale of Investments	-0.99	-0.98	70.98	5.29	0.61	-2.57	Upgrade
Gain (Loss) on Sale of Assets	0.06	-0.29	0.45	0.28	0.42	-0.03	Upgrade
Asset Writedown	-	-	-	-	-0.1	-	Upgrade
Other Unusual Items	17.09	8.45	12.53	22.75	32.47	38.43	Upgrade
Pretax Income	396.77	380.66	317.09	206.58	309.63	567.37	Upgrade
Income Tax Expense	45.4	38.29	39.5	39.15	68.43	103.97	Upgrade
Earnings From Continuing Operations	351.38	342.36	277.59	167.43	241.19	463.4	Upgrade
Minority Interest in Earnings	-0.55	-0.74	-18.17	6.75	6.73	1	Upgrade
Net Income	350.83	341.63	259.42	174.18	247.92	464.4	Upgrade
Net Income to Common	350.83	341.63	259.42	174.18	247.92	464.4	Upgrade
Net Income Growth	14.92%	31.69%	48.93%	-29.74%	-46.62%	-9.81%	Upgrade
Shares Outstanding (Basic)	403	402	399	405	400	400	Upgrade
Shares Outstanding (Diluted)	403	402	399	405	400	400	Upgrade
Shares Change (YoY)	0.37%	0.70%	-1.47%	1.30%	-0.12%	6.52%	Upgrade
EPS (Basic)	0.87	0.85	0.65	0.43	0.62	1.16	Upgrade
EPS (Diluted)	0.87	0.85	0.65	0.43	0.62	1.16	Upgrade
EPS Growth	14.50%	30.77%	51.16%	-30.64%	-46.55%	-15.33%	Upgrade
Free Cash Flow	94.54	-15.85	83.98	-62.47	-124.62	-386.57	Upgrade
Free Cash Flow Per Share	0.23	-0.04	0.21	-0.15	-0.31	-0.97	Upgrade
Dividend Per Share	1.000	0.750	0.520	0.250	0.190	0.350	Upgrade
Dividend Growth	92.31%	44.23%	108.00%	31.58%	-45.71%	-10.26%	Upgrade
Gross Margin	73.55%	73.29%	70.11%	67.83%	63.38%	65.86%	Upgrade
Operating Margin	10.44%	11.42%	7.88%	7.95%	12.11%	25.10%	Upgrade
Profit Margin	10.36%	11.50%	11.66%	10.06%	13.87%	26.61%	Upgrade
Free Cash Flow Margin	2.79%	-0.53%	3.77%	-3.61%	-6.97%	-22.15%	Upgrade
EBITDA	375.69	360.74	192.17	154.13	231.83	450.59	Upgrade
EBITDA Margin	11.09%	12.15%	8.63%	8.90%	12.97%	25.82%	Upgrade
D&A For EBITDA	22.06	21.55	16.86	16.54	15.49	12.65	Upgrade
EBIT	353.63	339.19	175.31	137.59	216.34	437.94	Upgrade
EBIT Margin	10.44%	11.42%	7.88%	7.95%	12.11%	25.10%	Upgrade
Effective Tax Rate	11.44%	10.06%	12.46%	18.95%	22.10%	18.32%	Upgrade
Revenue as Reported	3,387	2,970	2,226	1,732	1,787	1,745	Upgrade
Advertising Expenses	-	1,354	956.67	656.1	544.22	423.54	Upgrade

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