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	2015 - 2019
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	2015 - 2019
Operating Revenue	2,562	2,901	2,910	3,101	2,893	1,989	Upgrade
Other Revenue	113.68	113.68	73.21	79.93	83.64	46.19	Upgrade
Revenue	2,675	3,015	2,983	3,181	2,977	2,035	Upgrade
Revenue Growth (YoY)	-10.27%	1.06%	-6.20%	6.84%	46.30%	17.04%	Upgrade
Cost of Revenue	1,784	1,964	1,976	2,225	2,106	1,335	Upgrade
Gross Profit	891.27	1,051	1,007	955.21	871.37	699.78	Upgrade
Selling, General & Admin	389.61	366.64	375.43	414.9	354.73	258.97	Upgrade
Research & Development	239.45	225.11	203.53	192.22	169.57	128.79	Upgrade
Other Operating Expenses	25.04	26.88	28.42	23.06	24.43	18.85	Upgrade
Operating Expenses	653.57	616.29	617.87	624.11	555.82	411.43	Upgrade
Operating Income	237.7	435.08	389.54	331.1	315.55	288.35	Upgrade
Interest Expense	-11.33	-22.39	-26.1	-29.85	-13.89	-	Upgrade
Interest & Investment Income	30.03	32.52	26.14	11.71	29.91	41.2	Upgrade
Currency Exchange Gain (Loss)	32.75	32.75	14.91	59.78	-9.31	-36.98	Upgrade
Other Non Operating Income (Expenses)	2.26	0.47	-2.43	-1.53	2.24	-3.42	Upgrade
EBT Excluding Unusual Items	291.41	478.44	402.06	371.22	324.5	289.15	Upgrade
Impairment of Goodwill	-	-	-	-10.15	-	-	Upgrade
Gain (Loss) on Sale of Investments	-0.42	2.32	-28.64	-55.21	12.67	8.34	Upgrade
Gain (Loss) on Sale of Assets	-0.44	0.48	-0.6	12.85	-1.44	-0.32	Upgrade
Asset Writedown	0.49	-1.12	-9.87	-5.46	-2.47	-0.56	Upgrade
Other Unusual Items	13.05	13.05	14.94	6.98	24.61	14.58	Upgrade
Pretax Income	304.12	493.2	377.88	320.23	358.42	311.24	Upgrade
Income Tax Expense	19.77	46.78	-13.21	34.7	46.3	40.75	Upgrade
Earnings From Continuing Operations	284.34	446.42	391.09	285.53	312.12	270.49	Upgrade
Minority Interest in Earnings	-	-	-38.6	-24.31	-10.83	-	Upgrade
Net Income	284.34	446.42	352.49	261.22	301.3	270.49	Upgrade
Net Income to Common	284.34	446.42	352.49	261.22	301.3	270.49	Upgrade
Net Income Growth	-22.98%	26.65%	34.94%	-13.30%	11.39%	15.51%	Upgrade
Shares Outstanding (Basic)	423	406	363	402	402	404	Upgrade
Shares Outstanding (Diluted)	447	446	383	402	402	404	Upgrade
Shares Change (YoY)	14.25%	16.52%	-4.66%	0.03%	-0.49%	8.61%	Upgrade
EPS (Basic)	0.67	1.10	0.97	0.65	0.75	0.67	Upgrade
EPS (Diluted)	0.64	1.00	0.92	0.65	0.75	0.67	Upgrade
EPS Growth	-32.58%	8.70%	41.54%	-13.33%	11.94%	6.35%	Upgrade
Free Cash Flow	106.14	350.4	325.56	401.56	-47.32	19.25	Upgrade
Free Cash Flow Per Share	0.24	0.79	0.85	1.00	-0.12	0.05	Upgrade
Dividend Per Share	0.370	0.530	0.439	0.196	0.076	0.203	Upgrade
Dividend Growth	-19.39%	20.73%	123.98%	157.90%	-62.56%	15.34%	Upgrade
Gross Margin	33.31%	34.87%	33.77%	30.03%	29.27%	34.39%	Upgrade
Operating Margin	8.88%	14.43%	13.06%	10.41%	10.60%	14.17%	Upgrade
Profit Margin	10.63%	14.81%	11.82%	8.21%	10.12%	13.29%	Upgrade
Free Cash Flow Margin	3.97%	11.62%	10.91%	12.63%	-1.59%	0.95%	Upgrade
EBITDA	348.1	552.1	515.39	451.87	404.85	351.18	Upgrade
EBITDA Margin	13.01%	18.31%	17.27%	14.21%	13.60%	17.26%	Upgrade
D&A For EBITDA	110.4	117.02	125.85	120.77	89.3	62.83	Upgrade
EBIT	237.7	435.08	389.54	331.1	315.55	288.35	Upgrade
EBIT Margin	8.88%	14.43%	13.06%	10.41%	10.60%	14.17%	Upgrade
Effective Tax Rate	6.50%	9.49%	-	10.84%	12.92%	13.09%	Upgrade
Revenue as Reported	2,675	3,015	2,983	3,181	2,977	2,035	Upgrade
Advertising Expenses	-	2.73	3.84	6.29	10.87	7.85	Upgrade

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