SHA:688029 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	3,109	2,741	2,396	1,973	1,942	1,324	Upgrade
Other Revenue	14.15	14.15	15.81	6.7	4.74	2.5	Upgrade
Revenue	3,124	2,755	2,411	1,980	1,947	1,326	Upgrade
Revenue Growth (YoY)	16.61%	14.26%	21.78%	1.72%	46.77%	1.45%	Upgrade
Cost of Revenue	1,136	943.44	890.28	795.29	718.2	464.27	Upgrade
Gross Profit	1,987	1,812	1,521	1,185	1,229	862.14	Upgrade
Selling, General & Admin	1,123	1,015	901.27	742.33	734.33	497.7	Upgrade
Research & Development	196.63	174.37	150.8	165.33	152.89	99.67	Upgrade
Other Operating Expenses	26.77	25.99	20.23	15.68	15.83	11.15	Upgrade
Operating Expenses	1,348	1,220	1,075	923.92	904.64	611.94	Upgrade
Operating Income	639.65	591.73	446.51	260.93	323.89	250.2	Upgrade
Interest Expense	-4.03	-3.31	-2.04	-1.4	-0.79	-	Upgrade
Interest & Investment Income	82.88	92.54	77.75	57.14	74.98	56.65	Upgrade
Currency Exchange Gain (Loss)	-11.24	-11.24	36.28	53.26	-24.98	-18.64	Upgrade
Other Non Operating Income (Expenses)	34.17	-8.52	-3.17	-5.63	-5.06	-5.97	Upgrade
EBT Excluding Unusual Items	741.42	661.19	555.33	364.3	368.04	282.23	Upgrade
Impairment of Goodwill	-4.72	-4.72	-0.34	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-0	-0.47	0.02	0.13	-	-	Upgrade
Gain (Loss) on Sale of Assets	0.59	0.51	-0.18	-5.63	0.27	-4.04	Upgrade
Asset Writedown	3.59	-	-1.34	-	-1.6	-	Upgrade
Other Unusual Items	3.27	3.27	11.43	9.07	10.64	22.8	Upgrade
Pretax Income	744.15	659.77	564.91	367.87	377.34	300.99	Upgrade
Income Tax Expense	110.02	91.7	70.21	35.03	47.99	34.85	Upgrade
Earnings From Continuing Operations	634.13	568.08	494.7	332.84	329.35	266.14	Upgrade
Minority Interest in Earnings	-22.74	-14.85	-8.78	-2.25	-4.6	-5.38	Upgrade
Net Income	611.4	553.23	485.92	330.59	324.75	260.76	Upgrade
Net Income to Common	611.4	553.23	485.92	330.59	324.75	260.76	Upgrade
Net Income Growth	11.06%	13.85%	46.99%	1.80%	24.54%	-14.11%	Upgrade
Shares Outstanding (Basic)	188	188	188	187	187	187	Upgrade
Shares Outstanding (Diluted)	188	188	188	189	189	187	Upgrade
Shares Change (YoY)	0.16%	-0.04%	-0.69%	-0.16%	1.36%	17.08%	Upgrade
EPS (Basic)	3.26	2.95	2.59	1.77	1.74	1.40	Upgrade
EPS (Diluted)	3.26	2.95	2.59	1.75	1.72	1.40	Upgrade
EPS Growth	10.88%	13.90%	48.00%	1.96%	22.87%	-26.64%	Upgrade
Free Cash Flow	451.56	343.4	289.48	36.76	8.14	69.16	Upgrade
Free Cash Flow Per Share	2.41	1.83	1.54	0.20	0.04	0.37	Upgrade
Dividend Per Share	1.500	1.500	1.000	0.550	0.536	0.429	Upgrade
Dividend Growth	-	50.00%	81.82%	2.67%	24.99%	-40.00%	Upgrade
Gross Margin	63.63%	65.76%	63.08%	59.84%	63.11%	65.00%	Upgrade
Operating Margin	20.48%	21.48%	18.52%	13.18%	16.64%	18.86%	Upgrade
Profit Margin	19.57%	20.08%	20.15%	16.70%	16.68%	19.66%	Upgrade
Free Cash Flow Margin	14.46%	12.46%	12.00%	1.86%	0.42%	5.21%	Upgrade
EBITDA	702.64	653.14	505.8	313.21	360.49	276.61	Upgrade
EBITDA Margin	22.50%	23.70%	20.97%	15.82%	18.52%	20.85%	Upgrade
D&A For EBITDA	63	61.41	59.29	52.28	36.61	26.42	Upgrade
EBIT	639.65	591.73	446.51	260.93	323.89	250.2	Upgrade
EBIT Margin	20.48%	21.48%	18.52%	13.18%	16.64%	18.86%	Upgrade
Effective Tax Rate	14.78%	13.90%	12.43%	9.52%	12.72%	11.58%	Upgrade
Revenue as Reported	3,124	2,755	2,411	1,980	1,947	1,326	Upgrade

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