SHA:605599 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	25,341	20,215	16,539	10,981	10,396	7,052
Other Revenue	17.66	17.66	13.08	9.2	9.68	15.63
Revenue	25,359	20,233	16,552	10,990	10,406	7,068
Revenue Growth (YoY)	29.86%	22.23%	50.61%	5.61%	47.23%	-15.85%
Cost of Revenue	23,358	18,426	14,801	9,767	9,232	6,088
Gross Profit	2,001	1,806	1,751	1,223	1,174	979.42
Selling, General & Admin	661.03	582.88	543.16	447.49	409.38	346.79
Research & Development	8.72	8.36	7.52	9.75	8.53	4.03
Other Operating Expenses	252.13	243.89	282.48	197.08	203.18	130
Operating Expenses	921.92	835.12	832.53	637.84	637.98	480.9
Operating Income	1,079	971.19	918.48	585.47	535.95	498.53
Interest Expense	-26	-26.17	-23.11	-15.77	-19.78	-19.23
Interest & Investment Income	95.34	41.67	68.89	71.62	5.36	16.35
Other Non Operating Income (Expenses)	-41.3	-33.92	-31.15	-31.61	-23.31	-17.11
EBT Excluding Unusual Items	1,107	952.78	933.11	609.71	498.22	478.54
Gain (Loss) on Sale of Investments	-2.72	10.94	12.68	-0.19	2.23	9.26
Gain (Loss) on Sale of Assets	0.63	0.58	0.13	0.04	0.04	0.08
Asset Writedown	-4.47	-0	-0.01	-	-	-
Other Unusual Items	4.84	4.79	5.96	7.14	0.3	6.49
Pretax Income	1,105	969.08	951.88	616.7	500.79	494.37
Income Tax Expense	276.62	243.46	241.51	155.77	136.9	128.76
Earnings From Continuing Operations	828.56	725.62	710.38	460.93	363.88	365.61
Minority Interest in Earnings	-16.83	-6.62	-3.59	-0.8	-0.35	-3.86
Net Income	811.74	719.01	706.79	460.13	363.53	361.75
Net Income to Common	811.74	719.01	706.79	460.13	363.53	361.75
Net Income Growth	21.26%	1.73%	53.61%	26.57%	0.49%	-10.05%
Shares Outstanding (Basic)	781	782	777	780	727	696
Shares Outstanding (Diluted)	781	782	777	780	727	696
Shares Change (YoY)	0.31%	0.62%	-0.41%	7.26%	4.51%	-1.40%
EPS (Basic)	1.04	0.92	0.91	0.59	0.50	0.52
EPS (Diluted)	1.04	0.92	0.91	0.59	0.50	0.52
EPS Growth	20.89%	1.10%	54.24%	18.00%	-3.85%	-8.77%
Free Cash Flow	1,202	340.69	658.21	558.59	-440.99	888.51
Free Cash Flow Per Share	1.54	0.44	0.85	0.72	-0.61	1.28
Dividend Per Share	0.720	0.720	0.700	0.460	0.360	-
Dividend Growth	2.86%	2.86%	52.17%	27.78%	-	-
Gross Margin	7.89%	8.93%	10.58%	11.13%	11.28%	13.86%
Operating Margin	4.25%	4.80%	5.55%	5.33%	5.15%	7.05%
Profit Margin	3.20%	3.55%	4.27%	4.19%	3.49%	5.12%
Free Cash Flow Margin	4.74%	1.68%	3.98%	5.08%	-4.24%	12.57%
EBITDA	1,087	985.57	940.79	605.67	555.45	514.94
EBITDA Margin	4.29%	4.87%	5.68%	5.51%	5.34%	7.29%
D&A For EBITDA	8.43	14.38	22.31	20.19	19.5	16.41
EBIT	1,079	971.19	918.48	585.47	535.95	498.53
EBIT Margin	4.25%	4.80%	5.55%	5.33%	5.15%	7.05%
Effective Tax Rate	25.03%	25.12%	25.37%	25.26%	27.34%	26.05%
Revenue as Reported	25,359	20,233	16,552	10,990	10,406	7,068
Advertising Expenses	-	43.73	43.87	35.23	29.83	29.89

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