SHA:600081 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	6,149	6,331	6,913	6,524	7,570	7,337
Other Revenue	479.08	479.08	253.17	326.54	291.39	188.11
Revenue	6,628	6,810	7,167	6,850	7,861	7,525
Revenue Growth (YoY)	-4.15%	-4.98%	4.62%	-12.86%	4.47%	15.23%
Cost of Revenue	5,775	5,975	6,279	5,883	6,810	6,311
Gross Profit	853.09	834.63	887.63	967.69	1,051	1,214
Selling, General & Admin	416.25	442.79	394.21	412.59	430.67	603.6
Research & Development	321.9	340.81	309.13	276.49	245.46	242.1
Other Operating Expenses	-4.5	-15.28	20.31	31.8	38.46	31.91
Operating Expenses	744.77	772.92	728.52	726.79	718.34	889.5
Operating Income	108.32	61.71	159.11	240.91	332.63	324.67
Interest Expense	-13.62	-17.55	-27.72	-29.67	-17.28	-13.74
Interest & Investment Income	200.34	208.35	200.37	146.45	177.64	98.04
Currency Exchange Gain (Loss)	1.49	1.49	2.15	0.57	1.7	1.83
Other Non Operating Income (Expenses)	5.04	4.62	-5.11	-1.7	-34.53	-8.76
EBT Excluding Unusual Items	301.57	258.61	328.81	356.55	460.16	402.04
Gain (Loss) on Sale of Investments	-	-	-	-58.44	-	-
Gain (Loss) on Sale of Assets	-6.07	4.04	5.43	1.43	1.78	0.03
Asset Writedown	-92.23	-0.61	-4.72	-0.22	-1.3	-8.79
Other Unusual Items	17.58	18.92	20.2	33.21	22.86	-77.78
Pretax Income	220.87	280.97	349.72	332.54	483.49	315.5
Income Tax Expense	47.07	51.22	47.76	43.87	48.32	36.93
Earnings From Continuing Operations	173.79	229.75	301.96	288.67	435.17	278.57
Net Income to Company	173.79	229.75	301.96	288.67	435.17	278.57
Minority Interest in Earnings	-121.4	-138.48	-156.96	-179.94	-194.51	-154.53
Net Income	52.39	91.28	145	108.73	240.66	124.04
Net Income to Common	52.39	91.28	145	108.73	240.66	124.04
Net Income Growth	-62.99%	-37.05%	33.37%	-54.82%	94.02%	-16.08%
Shares Outstanding (Basic)	555	568	505	470	366	314
Shares Outstanding (Diluted)	555	568	505	470	366	314
Shares Change (YoY)	0.65%	12.51%	7.24%	28.59%	16.69%	-0.00%
EPS (Basic)	0.09	0.16	0.29	0.23	0.66	0.40
EPS (Diluted)	0.09	0.16	0.29	0.23	0.66	0.40
EPS Growth	-63.23%	-44.05%	24.36%	-64.87%	66.28%	-16.08%
Free Cash Flow	24.51	290.22	258.23	471.13	268.25	43.59
Free Cash Flow Per Share	0.04	0.51	0.51	1.00	0.73	0.14
Dividend Per Share	0.050	0.050	0.070	0.074	0.154	0.095
Dividend Growth	-28.57%	-28.57%	-4.92%	-52.20%	62.10%	-33.10%
Gross Margin	12.87%	12.26%	12.39%	14.13%	13.37%	16.13%
Operating Margin	1.63%	0.91%	2.22%	3.52%	4.23%	4.31%
Profit Margin	0.79%	1.34%	2.02%	1.59%	3.06%	1.65%
Free Cash Flow Margin	0.37%	4.26%	3.60%	6.88%	3.41%	0.58%
EBITDA	337.86	299.5	407.92	484.07	554.31	541.7
EBITDA Margin	5.10%	4.40%	5.69%	7.07%	7.05%	7.20%
D&A For EBITDA	229.53	237.79	248.8	243.16	221.68	217.03
EBIT	108.32	61.71	159.11	240.91	332.63	324.67
EBIT Margin	1.63%	0.91%	2.22%	3.52%	4.23%	4.31%
Effective Tax Rate	21.31%	18.23%	13.66%	13.19%	9.99%	11.71%
Revenue as Reported	6,628	6,810	7,167	6,850	7,861	7,525
Advertising Expenses	-	-	-	-	0.76	1.48

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