SHA:600033 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	3,006	3,015	2,991	3,012	2,639	2,942
Other Revenue	33.54	33.54	35.15	37.84	32.43	35.05
Revenue	3,040	3,049	3,026	3,050	2,672	2,977
Revenue Growth (YoY)	0.56%	0.77%	-0.78%	14.14%	-10.26%	28.00%
Cost of Revenue	1,377	1,348	1,315	1,345	1,150	1,223
Gross Profit	1,663	1,701	1,711	1,704	1,522	1,754
Selling, General & Admin	112.32	111.57	105.53	107.41	96.14	93.23
Other Operating Expenses	17.3	17.7	16.89	15.21	16.11	16.53
Operating Expenses	125.93	125.59	122.57	122.91	112.44	109.55
Operating Income	1,537	1,576	1,589	1,581	1,409	1,645
Interest Expense	-32.87	-32.87	-46.41	-56.98	-91.69	-103.82
Interest & Investment Income	96.88	72.53	54.38	60.98	74.05	9.28
Other Non Operating Income (Expenses)	4.28	-0.17	-0.31	-0.16	-0.48	1.6
EBT Excluding Unusual Items	1,607	1,615	1,596	1,585	1,391	1,552
Gain (Loss) on Sale of Investments	-	-	-	-	-	-38.37
Gain (Loss) on Sale of Assets	1.85	1.85	0.42	-40.01	-1.3	-70.97
Asset Writedown	-44.54	-44.54	-174.56	-1.59	-0.31	-2.98
Other Unusual Items	7.22	7.22	4.91	8.49	17.22	8.2
Pretax Income	1,571	1,580	1,427	1,552	1,407	1,448
Income Tax Expense	391.64	400.88	404.76	405.77	348.38	390.5
Earnings From Continuing Operations	1,180	1,179	1,022	1,146	1,059	1,057
Net Income to Company	1,180	1,179	1,022	1,146	1,059	1,057
Minority Interest in Earnings	-221.82	-230.65	-241.49	-244.06	-218.18	-228.05
Net Income	957.72	948.28	780.77	902.26	840.39	829.22
Net Income to Common	957.72	948.28	780.77	902.26	840.39	829.22
Net Income Growth	22.30%	21.45%	-13.46%	7.36%	1.35%	83.37%
Shares Outstanding (Basic)	2,744	2,745	2,744	2,744	2,745	2,745
Shares Outstanding (Diluted)	2,744	2,745	2,744	2,744	2,745	2,745
Shares Change (YoY)	-0.02%	0.01%	0.01%	-0.02%	-0.01%	0.03%
EPS (Basic)	0.35	0.35	0.28	0.33	0.31	0.30
EPS (Diluted)	0.35	0.35	0.28	0.33	0.31	0.30
EPS Growth	22.32%	21.44%	-13.47%	7.38%	1.36%	83.31%
Free Cash Flow	2,082	2,085	1,488	1,391	1,434	1,908
Free Cash Flow Per Share	0.76	0.76	0.54	0.51	0.52	0.69
Dividend Per Share	0.121	0.121	0.100	0.120	0.150	0.150
Dividend Growth	21.00%	21.00%	-16.67%	-20.00%	-	50.00%
Gross Margin	54.72%	55.80%	56.55%	55.88%	56.96%	58.93%
Operating Margin	50.57%	51.68%	52.50%	51.85%	52.76%	55.25%
Profit Margin	31.51%	31.10%	25.80%	29.59%	31.46%	27.85%
Free Cash Flow Margin	68.50%	68.39%	49.19%	45.62%	53.69%	64.08%
EBITDA	2,455	2,495	2,512	2,506	2,188	2,478
EBITDA Margin	80.76%	81.81%	83.00%	82.17%	81.88%	83.24%
D&A For EBITDA	917.66	918.72	922.94	924.44	778.17	833.38
EBIT	1,537	1,576	1,589	1,581	1,409	1,645
EBIT Margin	50.57%	51.68%	52.50%	51.85%	52.76%	55.25%
Effective Tax Rate	24.93%	25.37%	28.36%	26.14%	24.76%	26.97%
Revenue as Reported	3,049	3,049	3,026	3,050	2,672	2,977

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