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	Jun '26 Jun 30, 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	2,970	3,015	2,991	3,012	2,639	2,942
Other Revenue	35.11	33.54	35.15	37.84	32.43	35.05
Revenue	3,005	3,049	3,026	3,050	2,672	2,977
Revenue Growth	-0.95%	0.77%	-0.78%	14.14%	-10.26%	28.00%
Cost of Revenue	1,396	1,348	1,315	1,345	1,150	1,223
Gross Profit	1,609	1,701	1,711	1,704	1,522	1,754
Selling, General & Admin	113.28	111.57	105.53	107.41	96.14	93.23
Other Operating Expenses	19.48	17.7	16.89	15.21	16.11	16.53
Operating Expenses	133.06	125.59	122.57	122.91	112.44	107.63
Operating Income	1,476	1,576	1,589	1,581	1,409	1,647
Interest Expense	-25.19	-32.87	-46.41	-56.98	-91.69	-103.82
Interest & Investment Income	72.24	72.53	54.38	60.98	74.05	9.28
Other Non Operating Income (Expenses)	-1.32	-0.17	-0.31	-0.16	-0.48	0.51
EBT Excluding Unusual Items	1,522	1,615	1,596	1,585	1,391	1,553
Gain (Loss) on Sale of Investments	-	-	-	-	-	-38.37
Gain (Loss) on Sale of Assets	14.38	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	13.58	7.22	4.91	8.49	17.22	7.37
Pretax Income	1,505	1,580	1,427	1,552	1,407	1,448
Income Tax Expense	379.41	400.88	404.76	405.77	348.38	390.5
Earnings From Continuing Operations	1,126	1,179	1,022	1,146	1,059	1,057
Net Income to Company	1,126	1,179	1,022	1,146	1,059	1,057
Minority Interest in Earnings	-214.25	-230.65	-241.49	-244.06	-218.18	-228.05
Net Income	911.41	948.28	780.77	902.26	840.39	829.22
Net Income to Common	911.41	948.28	780.77	902.26	840.39	829.22
Net Income Growth	14.60%	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	0.00%	0.01%	0.01%	-0.02%	-0.01%	0.03%
EPS (Basic)	0.33	0.35	0.28	0.33	0.31	0.30
EPS (Diluted)	0.33	0.35	0.28	0.33	0.31	0.30
EPS Growth	14.59%	21.44%	-13.47%	7.38%	1.36%	83.31%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	2,190	2,085	1,488	1,391	1,434	1,908
Free Cash Flow Per Share	0.80	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	142.00%	21.00%	-16.67%	-20.00%	0%	50.00%
Gross Margin	53.54%	55.80%	56.55%	55.88%	56.96%	58.93%
Operating Margin	49.11%	51.68%	52.50%	51.85%	52.76%	55.31%
Profit Margin	30.33%	31.10%	25.80%	29.59%	31.46%	27.85%
Free Cash Flow Margin	72.89%	68.39%	49.19%	45.62%	53.69%	64.08%
EBITDA	2,436	2,495	2,512	2,506	2,188	2,480
EBITDA Margin	81.05%	81.81%	83.00%	82.17%	81.88%	83.30%
D&A For EBITDA	959.95	918.72	922.94	924.44	778.17	833.38
EBIT	1,476	1,576	1,589	1,581	1,409	1,647
EBIT Margin	49.11%	51.68%	52.50%	51.85%	52.76%	55.31%
Effective Tax Rate	25.21%	25.37%	28.36%	26.14%	24.76%	26.97%
Revenue as Reported	3,005	3,049	3,026	3,050	2,672	2,977