SHA:603992 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	2,562	2,901	2,910	3,101	2,893	1,989
Other Revenue	113.68	113.68	73.21	79.93	83.64	46.19
Revenue	2,675	3,015	2,983	3,181	2,977	2,035
Revenue Growth (YoY)	-10.27%	1.06%	-6.20%	6.84%	46.30%	17.04%
Cost of Revenue	1,784	1,964	1,976	2,225	2,106	1,335
Gross Profit	891.27	1,051	1,007	955.21	871.37	699.78
Selling, General & Admin	389.61	366.64	375.43	414.9	354.73	258.97
Research & Development	239.45	225.11	203.53	192.22	169.57	128.79
Other Operating Expenses	25.04	26.88	28.42	23.06	24.43	18.85
Operating Expenses	653.57	616.29	617.87	624.11	555.82	411.43
Operating Income	237.7	435.08	389.54	331.1	315.55	288.35
Interest Expense	-11.33	-22.39	-26.1	-29.85	-13.89	-
Interest & Investment Income	30.03	32.52	26.14	11.71	29.91	41.2
Currency Exchange Gain (Loss)	32.75	32.75	14.91	59.78	-9.31	-36.98
Other Non Operating Income (Expenses)	2.26	0.47	-2.43	-1.53	2.24	-3.42
EBT Excluding Unusual Items	291.41	478.44	402.06	371.22	324.5	289.15
Impairment of Goodwill	-	-	-	-10.15	-	-
Gain (Loss) on Sale of Investments	-0.42	2.32	-28.64	-55.21	12.67	8.34
Gain (Loss) on Sale of Assets	-0.44	0.48	-0.6	12.85	-1.44	-0.32
Asset Writedown	0.49	-1.12	-9.87	-5.46	-2.47	-0.56
Other Unusual Items	13.05	13.05	14.94	6.98	24.61	14.58
Pretax Income	304.12	493.2	377.88	320.23	358.42	311.24
Income Tax Expense	19.77	46.78	-13.21	34.7	46.3	40.75
Earnings From Continuing Operations	284.34	446.42	391.09	285.53	312.12	270.49
Minority Interest in Earnings	-	-	-38.6	-24.31	-10.83	-
Net Income	284.34	446.42	352.49	261.22	301.3	270.49
Net Income to Common	284.34	446.42	352.49	261.22	301.3	270.49
Net Income Growth	-22.98%	26.65%	34.94%	-13.30%	11.39%	15.51%
Shares Outstanding (Basic)	423	406	363	402	402	404
Shares Outstanding (Diluted)	447	446	383	402	402	404
Shares Change (YoY)	14.25%	16.52%	-4.66%	0.03%	-0.49%	8.61%
EPS (Basic)	0.67	1.10	0.97	0.65	0.75	0.67
EPS (Diluted)	0.64	1.00	0.92	0.65	0.75	0.67
EPS Growth	-32.58%	8.70%	41.54%	-13.33%	11.94%	6.35%
Free Cash Flow	106.14	350.4	325.56	401.56	-47.32	19.25
Free Cash Flow Per Share	0.24	0.79	0.85	1.00	-0.12	0.05
Dividend Per Share	0.370	0.530	0.439	0.196	0.076	0.203
Dividend Growth	-19.39%	20.73%	123.98%	157.90%	-62.56%	15.34%
Gross Margin	33.31%	34.87%	33.77%	30.03%	29.27%	34.39%
Operating Margin	8.88%	14.43%	13.06%	10.41%	10.60%	14.17%
Profit Margin	10.63%	14.81%	11.82%	8.21%	10.12%	13.29%
Free Cash Flow Margin	3.97%	11.62%	10.91%	12.63%	-1.59%	0.95%
EBITDA	348.1	552.1	515.39	451.87	404.85	351.18
EBITDA Margin	13.01%	18.31%	17.27%	14.21%	13.60%	17.26%
D&A For EBITDA	110.4	117.02	125.85	120.77	89.3	62.83
EBIT	237.7	435.08	389.54	331.1	315.55	288.35
EBIT Margin	8.88%	14.43%	13.06%	10.41%	10.60%	14.17%
Effective Tax Rate	6.50%	9.49%	-	10.84%	12.92%	13.09%
Revenue as Reported	2,675	3,015	2,983	3,181	2,977	2,035
Advertising Expenses	-	2.73	3.84	6.29	10.87	7.85

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