SHA:600211 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	2,989	2,978	2,800	3,128	2,545	2,127
Other Revenue	3.98	3.98	6.73	6.24	9.69	12.06
Revenue	2,993	2,982	2,807	3,134	2,555	2,139
Revenue Growth (YoY)	6.34%	6.23%	-10.45%	22.69%	19.45%	55.75%
Cost of Revenue	185.97	171.94	162.1	158.67	204.74	225.8
Gross Profit	2,807	2,810	2,645	2,976	2,350	1,913
Selling, General & Admin	1,786	1,774	1,685	1,881	1,541	1,254
Research & Development	95.28	74.08	28.94	17.35	88.13	60.86
Other Operating Expenses	-48.16	37.72	37.1	38.17	32.54	26.2
Operating Expenses	1,833	1,885	1,751	1,937	1,662	1,340
Operating Income	974.36	924.66	893.44	1,039	688.27	572.75
Interest Expense	-24.6	-12.59	-9.48	-11.59	-14.36	-4.33
Interest & Investment Income	65.95	88	74.38	86.22	21.35	2.67
Currency Exchange Gain (Loss)	1.31	1.31	-2.47	-0.11	-3.83	-4.78
Other Non Operating Income (Expenses)	-0.05	-0.12	-0.17	-0.47	-0.39	-0.35
EBT Excluding Unusual Items	1,017	1,001	955.69	1,113	691.03	565.96
Gain (Loss) on Sale of Investments	-4.44	-3.72	-18.99	-210.53	-14.17	146.47
Gain (Loss) on Sale of Assets	0.08	0.08	1.9	0.34	-0.23	-0.17
Asset Writedown	-	-	-	-190.38	-218.62	-458.06
Other Unusual Items	43	43	213.48	186.03	5.36	0.64
Pretax Income	1,056	1,041	1,152	898.19	463.39	254.85
Income Tax Expense	126.04	123.64	95.01	87.95	88.08	41.82
Earnings From Continuing Operations	929.57	916.98	1,057	810.24	375.31	213.03
Minority Interest in Earnings	37.79	20.95	-5.79	-9.33	-5.47	-4.09
Net Income	967.36	937.93	1,051	800.91	369.84	208.94
Net Income to Common	967.36	937.93	1,051	800.91	369.84	208.94
Net Income Growth	-4.00%	-10.78%	31.26%	116.56%	77.01%	-50.03%
Shares Outstanding (Basic)	322	322	322	323	323	323
Shares Outstanding (Diluted)	322	322	322	323	323	323
Shares Change (YoY)	0.15%	-0.05%	-0.14%	0.09%	-0.21%	0.53%
EPS (Basic)	3.00	2.91	3.26	2.48	1.15	0.65
EPS (Diluted)	3.00	2.91	3.26	2.48	1.15	0.65
EPS Growth	-4.15%	-10.74%	31.45%	116.37%	77.38%	-50.29%
Free Cash Flow	1,064	988.79	957.19	1,042	735.41	-59.05
Free Cash Flow Per Share	3.30	3.07	2.97	3.23	2.28	-0.18
Dividend Per Share	1.757	1.757	1.957	1.492	0.574	0.260
Dividend Growth	-10.22%	-10.22%	31.21%	159.93%	120.69%	-33.72%
Gross Margin	93.79%	94.23%	94.23%	94.94%	91.98%	89.44%
Operating Margin	32.55%	31.01%	31.83%	33.14%	26.94%	26.78%
Profit Margin	32.32%	31.46%	37.46%	25.55%	14.48%	9.77%
Free Cash Flow Margin	35.55%	33.16%	34.10%	33.24%	28.79%	-2.76%
EBITDA	1,052	1,002	968.64	1,107	757.52	654.2
EBITDA Margin	35.16%	33.61%	34.51%	35.31%	29.65%	30.59%
D&A For EBITDA	78.03	77.47	75.2	68.05	69.24	81.45
EBIT	974.36	924.66	893.44	1,039	688.27	572.75
EBIT Margin	32.55%	31.01%	31.83%	33.14%	26.94%	26.78%
Effective Tax Rate	11.94%	11.88%	8.25%	9.79%	19.01%	16.41%
Revenue as Reported	2,993	2,982	2,807	-	2,555	2,139
Advertising Expenses	-	10.1	8.72	3.5	0.05	0.24

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