SHA:600133 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	3,545	3,141	14,273	13,802	11,989	10,494
Other Revenue	225.94	225.94	400.43	184.42	151.13	100.08
Revenue	3,771	3,367	14,673	13,986	12,140	10,594
Revenue Growth (YoY)	-26.34%	-77.05%	4.91%	15.21%	14.59%	12.42%
Cost of Revenue	2,678	2,323	12,868	12,227	10,468	9,146
Gross Profit	1,094	1,044	1,806	1,759	1,672	1,448
Selling, General & Admin	250.12	245.73	372.13	347.55	286.79	248.28
Research & Development	101.79	97.18	183.53	151.96	118.46	107.88
Other Operating Expenses	110.52	102.69	23.68	165.62	133.13	83.74
Operating Expenses	496.08	463.63	881.58	868.03	714.27	427.52
Operating Income	597.43	580.06	924.05	891.47	957.97	1,020
Interest Expense	-165.51	-169.33	-415.11	-482.97	-522.74	-557.95
Interest & Investment Income	96.93	246.96	1,371	491.52	363.38	420.73
Currency Exchange Gain (Loss)	0.57	0.57	-0.24	-	-0.1	-1.39
Other Non Operating Income (Expenses)	-6.96	6.38	-66.81	-44.73	-4.18	-17.23
EBT Excluding Unusual Items	522.46	664.65	1,813	855.3	794.33	864.15
Impairment of Goodwill	-	-	-	-	-	-2.43
Gain (Loss) on Sale of Investments	23.48	6.19	-87.12	12.29	-14.88	-20.85
Gain (Loss) on Sale of Assets	6.78	7.02	-0.18	0.89	34.2	0.87
Asset Writedown	-2.17	-	-	-	-0.22	-12.57
Other Unusual Items	44.22	44.37	35.06	55.13	48.75	32.79
Pretax Income	594.76	722.23	1,760	923.6	862.18	861.95
Income Tax Expense	164.26	157.5	426.74	221.56	158.75	100
Earnings From Continuing Operations	430.5	564.73	1,334	702.04	703.43	761.95
Minority Interest in Earnings	-45.25	-36.63	-254.35	-123.41	-170.15	-77.14
Net Income	385.25	528.11	1,079	578.63	533.28	684.81
Net Income to Common	385.25	528.11	1,079	578.63	533.28	684.81
Net Income Growth	-63.65%	-51.07%	86.52%	8.50%	-22.13%	274.02%
Shares Outstanding (Basic)	1,042	1,093	892	842	795	786
Shares Outstanding (Diluted)	1,042	1,093	892	1,080	957	786
Shares Change (YoY)	0.14%	22.62%	-17.43%	12.78%	21.76%	-5.82%
EPS (Basic)	0.37	0.48	1.21	0.69	0.67	0.87
EPS (Diluted)	0.37	0.48	1.21	0.54	0.56	0.87
EPS Growth	-63.70%	-60.09%	125.90%	-3.79%	-36.04%	297.13%
Free Cash Flow	-154.63	-482.53	-2,534	1,046	491.28	2,226
Free Cash Flow Per Share	-0.15	-0.44	-2.84	0.97	0.51	2.83
Dividend Per Share	0.165	0.165	0.150	0.126	0.210	0.110
Dividend Growth	10.00%	10.00%	19.05%	-40.00%	90.91%	340.00%
Gross Margin	28.99%	31.00%	12.31%	12.58%	13.78%	13.66%
Operating Margin	15.84%	17.23%	6.30%	6.37%	7.89%	9.63%
Profit Margin	10.21%	15.68%	7.36%	4.14%	4.39%	6.46%
Free Cash Flow Margin	-4.10%	-14.33%	-17.27%	7.48%	4.05%	21.02%
EBITDA	888.66	868.17	1,208	1,166	1,237	1,311
EBITDA Margin	23.56%	25.78%	8.23%	8.33%	10.19%	12.37%
D&A For EBITDA	291.23	288.11	283.94	274.08	279.46	290.91
EBIT	597.43	580.06	924.05	891.47	957.97	1,020
EBIT Margin	15.84%	17.23%	6.30%	6.37%	7.89%	9.63%
Effective Tax Rate	27.62%	21.81%	24.24%	23.99%	18.41%	11.60%
Revenue as Reported	3,771	3,367	14,673	13,986	12,140	10,594
Advertising Expenses	-	-	-	12.86	-	-

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