SHA:688100 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,933	2,956	2,734	2,215	1,993	1,818
Other Revenue	21.16	21.16	10.28	10.48	10.18	7.17
Revenue	2,954	2,978	2,745	2,225	2,004	1,826
Revenue Growth (YoY)	3.57%	8.48%	23.35%	11.06%	9.75%	26.03%
Cost of Revenue	1,766	1,789	1,664	1,322	1,263	1,192
Gross Profit	1,188	1,188	1,081	902.75	740.75	633.76
Selling, General & Admin	191.83	187.83	178.78	144.64	129.05	120.58
Research & Development	234.66	231.85	240.98	227.44	198.52	176.9
Other Operating Expenses	12.4	17.17	10.61	12.58	-14.83	-15.23
Operating Expenses	490.12	488.08	448.09	375.24	337.02	297.84
Operating Income	697.56	700.21	633.12	527.51	403.73	335.91
Interest Expense	-0.33	-0.33	-0.37	-0.06	-0.05	-0.03
Interest & Investment Income	14.54	14.46	24.68	33.42	31.1	33.19
Currency Exchange Gain (Loss)	-8.44	-8.44	2.66	-0.31	22.18	-2.19
Other Non Operating Income (Expenses)	15.54	-0.15	-1.97	-3	-2.13	-1.47
EBT Excluding Unusual Items	718.86	705.74	658.11	557.56	454.83	365.41
Gain (Loss) on Sale of Investments	13.29	14.75	15.28	-14.89	-16.34	5.96
Gain (Loss) on Sale of Assets	0.07	0.07	0.02	0.02	-0	0.06
Asset Writedown	-1.6	-	0.56	-0.56	-	-
Other Unusual Items	58.03	58.03	51.18	59.84	19.18	23.89
Pretax Income	788.65	778.6	725.15	601.97	457.67	395.32
Income Tax Expense	113.47	112.33	94.23	75.62	55.42	53.09
Earnings From Continuing Operations	675.18	666.27	630.92	526.35	402.25	342.23
Minority Interest in Earnings	-	-	-0.25	-1.09	-2.09	-0.8
Net Income	675.18	666.27	630.67	525.26	400.16	341.44
Net Income to Common	675.18	666.27	630.67	525.26	400.16	341.44
Net Income Growth	2.48%	5.64%	20.07%	31.26%	17.20%	24.02%
Shares Outstanding (Basic)	489	490	493	491	500	502
Shares Outstanding (Diluted)	489	490	493	491	500	502
Shares Change (YoY)	-1.46%	-0.57%	0.37%	-1.86%	-0.38%	2.13%
EPS (Basic)	1.38	1.36	1.28	1.07	0.80	0.68
EPS (Diluted)	1.38	1.36	1.28	1.07	0.80	0.68
EPS Growth	4.00%	6.25%	19.63%	33.75%	17.65%	21.43%
Free Cash Flow	373.26	290.95	384	395.86	219.07	207.81
Free Cash Flow Per Share	0.76	0.59	0.78	0.81	0.44	0.41
Dividend Per Share	0.550	0.550	0.520	0.430	0.330	0.260
Dividend Growth	5.77%	5.77%	20.93%	30.30%	26.92%	15.56%
Gross Margin	40.20%	39.91%	39.39%	40.57%	36.97%	34.71%
Operating Margin	23.61%	23.52%	23.07%	23.71%	20.15%	18.40%
Profit Margin	22.86%	22.38%	22.98%	23.61%	19.97%	18.70%
Free Cash Flow Margin	12.63%	9.77%	13.99%	17.79%	10.93%	11.38%
EBITDA	726.18	728.52	660.16	550.92	424.04	352.87
EBITDA Margin	24.58%	24.47%	24.05%	24.76%	21.16%	19.33%
D&A For EBITDA	28.62	28.31	27.04	23.41	20.31	16.96
EBIT	697.56	700.21	633.12	527.51	403.73	335.91
EBIT Margin	23.61%	23.52%	23.07%	23.71%	20.15%	18.40%
Effective Tax Rate	14.39%	14.43%	13.00%	12.56%	12.11%	13.43%
Revenue as Reported	2,978	2,978	2,745	2,225	2,004	1,826

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