SHA:600222 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,758	1,936	2,065	1,945	1,602
Other Revenue	-	5.2	4.95	15.33	2.83
Revenue	1,758	1,941	2,070	1,961	1,605
Revenue Growth (YoY)	-9.46%	-6.21%	5.57%	22.20%	13.23%
Cost of Revenue	1,266	1,441	1,508	1,492	1,148
Gross Profit	492.23	500.1	561.55	468.4	456.85
Selling, General & Admin	258.36	307.58	339.5	317.51	246.89
Research & Development	67.78	100.89	127.71	116.52	56.5
Other Operating Expenses	3.26	8.63	6.54	8.42	2.59
Operating Expenses	329.4	424.2	485.6	476.27	331.51
Operating Income	162.83	75.9	75.94	-7.87	125.34
Interest Expense	-	-59.64	-54.37	-64.63	-83.84
Interest & Investment Income	-	6.37	2.17	2.22	6.74
Other Non Operating Income (Expenses)	-80.93	-1.51	10.8	-1.56	-2.46
EBT Excluding Unusual Items	81.9	21.12	34.54	-71.84	45.78
Gain (Loss) on Sale of Investments	1.24	7.94	-6.42	-11.87	-10.17
Gain (Loss) on Sale of Assets	-0.02	0.13	0.54	0.03	-1.57
Asset Writedown	-5.62	-	-	-0.15	-29.9
Legal Settlements	-	-	-	-11.61	-1.62
Other Unusual Items	-	5.88	14.31	12.59	4.93
Pretax Income	77.51	35.07	42.96	-82.85	7.45
Income Tax Expense	11.64	-18.42	-1.87	-7.09	0.67
Earnings From Continuing Operations	65.87	53.5	44.83	-75.76	6.78
Minority Interest in Earnings	-5.87	-2.97	-1.27	3.56	-0.78
Net Income	60	50.53	43.56	-72.2	6
Net Income to Common	60	50.53	43.56	-72.2	6
Net Income Growth	18.75%	16.00%	-	-	-79.50%
Shares Outstanding (Basic)	553	556	563	562	560
Shares Outstanding (Diluted)	553	556	563	562	560
Shares Change (YoY)	-0.63%	-1.12%	0.07%	0.36%	2.52%
EPS (Basic)	0.11	0.09	0.08	-0.13	0.01
EPS (Diluted)	0.11	0.09	0.08	-0.13	0.01
EPS Growth	19.49%	17.31%	-	-	-80.00%
Free Cash Flow	26.04	-76.82	0.6	-191.03	60.58
Free Cash Flow Per Share	0.05	-0.14	0.00	-0.34	0.11
Dividend Per Share	-	0.028	0.018	-	0.010
Dividend Growth	-	55.56%	-	-	-37.50%
Gross Margin	28.00%	25.76%	27.13%	23.89%	28.47%
Operating Margin	9.26%	3.91%	3.67%	-0.40%	7.81%
Profit Margin	3.41%	2.60%	2.10%	-3.68%	0.37%
Free Cash Flow Margin	1.48%	-3.96%	0.03%	-9.74%	3.78%
EBITDA	214.83	127.2	127.23	39.37	169.33
EBITDA Margin	12.22%	6.55%	6.15%	2.01%	10.55%
D&A For EBITDA	51.99	51.3	51.29	47.24	43.99
EBIT	162.83	75.9	75.94	-7.87	125.34
EBIT Margin	9.26%	3.91%	3.67%	-0.40%	7.81%
Effective Tax Rate	15.02%	-	-	-	9.01%
Revenue as Reported	-	1,941	2,070	1,961	1,605
Advertising Expenses	-	26.78	35.78	39.78	24.05

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