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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	2,965	2,741	2,396	1,973	1,942	1,324	Upgrade
Other Revenue	22.22	14.15	15.81	6.7	4.74	2.5	Upgrade
Revenue	2,987	2,755	2,411	1,980	1,947	1,326	Upgrade
Revenue Growth (YoY)	14.96%	14.26%	21.78%	1.72%	46.77%	1.45%	Upgrade
Cost of Revenue	1,062	943.44	890.28	795.29	718.2	464.27	Upgrade
Gross Profit	1,925	1,812	1,521	1,185	1,229	862.14	Upgrade
Selling, General & Admin	1,082	1,015	901.27	742.33	734.33	497.7	Upgrade
Research & Development	193.07	174.37	150.8	165.33	152.89	99.67	Upgrade
Other Operating Expenses	27.68	25.99	20.23	15.68	15.83	11.15	Upgrade
Operating Expenses	1,304	1,220	1,075	923.92	904.64	611.94	Upgrade
Operating Income	621	591.73	446.51	260.93	323.89	250.2	Upgrade
Interest Expense	-2.93	-3.31	-2.04	-1.4	-0.79	-	Upgrade
Interest & Investment Income	84.18	92.54	77.75	57.14	74.98	56.65	Upgrade
Currency Exchange Gain (Loss)	47.75	-11.24	36.28	53.26	-24.98	-18.64	Upgrade
Other Non Operating Income (Expenses)	-11.67	-8.52	-3.17	-5.63	-5.06	-5.97	Upgrade
EBT Excluding Unusual Items	738.34	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	0.08	-0.47	0.02	0.13	-	-	Upgrade
Gain (Loss) on Sale of Assets	0.36	0.51	-0.18	-5.63	0.27	-4.04	Upgrade
Asset Writedown	-	-	-1.34	-	-1.6	-	Upgrade
Other Unusual Items	2.34	3.27	11.43	9.07	10.64	22.8	Upgrade
Pretax Income	736.4	659.77	564.91	367.87	377.34	300.99	Upgrade
Income Tax Expense	108.56	91.7	70.21	35.03	47.99	34.85	Upgrade
Earnings From Continuing Operations	627.84	568.08	494.7	332.84	329.35	266.14	Upgrade
Minority Interest in Earnings	-21.69	-14.85	-8.78	-2.25	-4.6	-5.38	Upgrade
Net Income	606.14	553.23	485.92	330.59	324.75	260.76	Upgrade
Net Income to Common	606.14	553.23	485.92	330.59	324.75	260.76	Upgrade
Net Income Growth	13.92%	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)	0.14%	-0.04%	-0.69%	-0.16%	1.36%	17.08%	Upgrade
EPS (Basic)	3.23	2.95	2.59	1.77	1.74	1.40	Upgrade
EPS (Diluted)	3.23	2.95	2.59	1.75	1.72	1.40	Upgrade
EPS Growth	13.75%	13.90%	48.00%	1.96%	22.87%	-26.64%	Upgrade
Free Cash Flow	340.29	343.4	289.48	36.76	8.14	69.16	Upgrade
Free Cash Flow Per Share	1.81	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	64.44%	65.76%	63.08%	59.84%	63.11%	65.00%	Upgrade
Operating Margin	20.79%	21.48%	18.52%	13.18%	16.64%	18.86%	Upgrade
Profit Margin	20.29%	20.08%	20.15%	16.70%	16.68%	19.66%	Upgrade
Free Cash Flow Margin	11.39%	12.46%	12.00%	1.86%	0.42%	5.21%	Upgrade
EBITDA	692.57	653.14	505.8	313.21	360.49	276.61	Upgrade
EBITDA Margin	23.19%	23.70%	20.97%	15.82%	18.52%	20.85%	Upgrade
D&A For EBITDA	71.57	61.41	59.29	52.28	36.61	26.42	Upgrade
EBIT	621	591.73	446.51	260.93	323.89	250.2	Upgrade
EBIT Margin	20.79%	21.48%	18.52%	13.18%	16.64%	18.86%	Upgrade
Effective Tax Rate	14.74%	13.90%	12.43%	9.52%	12.72%	11.58%	Upgrade
Revenue as Reported	2,987	2,755	2,411	1,980	1,947	1,326	Upgrade

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