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

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