SHA:605369 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	1,109	1,100	955.61	1,459	1,188	819.51
Other Revenue	15.02	15.02	19.47	9.25	5.85	10.14
Revenue	1,124	1,115	975.08	1,469	1,194	829.65
Revenue Growth (YoY)	2.35%	14.37%	-33.61%	22.98%	43.95%	50.03%
Cost of Revenue	785.33	752.09	661.42	894.14	668.83	439.12
Gross Profit	338.94	363.12	313.66	574.54	525.42	390.53
Selling, General & Admin	162.66	141.21	148.2	162.48	120.43	74.88
Research & Development	54.32	53.05	47.81	72.35	58.29	36.98
Other Operating Expenses	11.04	10.17	8.51	12.89	7.71	6.15
Operating Expenses	232.35	208.95	204.17	250.32	189.4	121.04
Operating Income	106.59	154.18	109.49	324.22	336.02	269.49
Interest Expense	-6.7	-2.87	-1.45	-0.04	-0.03	-
Interest & Investment Income	21.45	30.99	17.67	15.01	20.63	4.22
Currency Exchange Gain (Loss)	5.97	5.97	-5.39	29.65	-5.45	-13.64
Other Non Operating Income (Expenses)	-5.16	-0.28	-0.23	-0.41	-1.53	-0.27
EBT Excluding Unusual Items	122.14	187.98	120.09	368.43	349.64	259.8
Impairment of Goodwill	-1.24	-1.24	-0.91	-	-	-
Gain (Loss) on Sale of Investments	-4.54	4.07	-	-1.83	-	0.35
Gain (Loss) on Sale of Assets	0.15	-0.02	-0.01	-0.1	9.19	-1.01
Asset Writedown	-4.49	-	-1.69	-1.48	-2.29	-
Other Unusual Items	-2.31	-2.06	1.74	5.66	4.2	3.28
Pretax Income	109.72	188.74	119.23	370.67	360.73	262.42
Income Tax Expense	7.71	17.23	10.1	44.63	49.74	36.54
Earnings From Continuing Operations	102.01	171.5	109.13	326.04	310.99	225.88
Minority Interest in Earnings	0.19	0.13	-	-	-	-
Net Income	102.2	171.63	109.13	326.04	310.99	225.88
Net Income to Common	102.2	171.63	109.13	326.04	310.99	225.88
Net Income Growth	-37.02%	57.28%	-66.53%	4.84%	37.68%	98.86%
Shares Outstanding (Basic)	218	220	221	220	220	178
Shares Outstanding (Diluted)	218	220	221	220	220	178
Shares Change (YoY)	-1.50%	-0.43%	0.82%	-0.20%	23.76%	7.82%
EPS (Basic)	0.47	0.78	0.49	1.48	1.41	1.27
EPS (Diluted)	0.47	0.78	0.49	1.48	1.41	1.27
EPS Growth	-36.06%	57.96%	-66.80%	5.05%	11.25%	84.44%
Free Cash Flow	103.9	100.77	63.57	110.57	97.43	133.61
Free Cash Flow Per Share	0.48	0.46	0.29	0.50	0.44	0.75
Dividend Per Share	0.286	0.500	0.408	0.153	0.704	0.656
Dividend Growth	-22.24%	22.49%	166.62%	-78.26%	7.33%	-
Gross Margin	30.15%	32.56%	32.17%	39.12%	44.00%	47.07%
Operating Margin	9.48%	13.83%	11.23%	22.07%	28.14%	32.48%
Profit Margin	9.09%	15.39%	11.19%	22.20%	26.04%	27.23%
Free Cash Flow Margin	9.24%	9.04%	6.52%	7.53%	8.16%	16.10%
EBITDA	187.66	236.5	193.48	364.88	357.54	288.4
EBITDA Margin	16.69%	21.21%	19.84%	24.84%	29.94%	34.76%
D&A For EBITDA	81.07	82.32	83.99	40.66	21.52	18.91
EBIT	106.59	154.18	109.49	324.22	336.02	269.49
EBIT Margin	9.48%	13.83%	11.23%	22.07%	28.14%	32.48%
Effective Tax Rate	7.03%	9.13%	8.47%	12.04%	13.79%	13.92%
Revenue as Reported	1,124	1,115	975.08	1,469	1,194	829.65
Advertising Expenses	-	4.36	4.17	3.56	24.14	13.83

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