SHA:600239 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	1,754	1,775	1,843	2,346	5,683
Other Revenue	-	154	107.72	222.86	364.53
Revenue	1,754	1,929	1,951	2,568	6,047
Revenue Growth (YoY)	-9.06%	-1.12%	-24.03%	-57.53%	37.65%
Cost of Revenue	1,173	1,288	1,179	1,921	4,342
Gross Profit	581.8	641.13	772.03	647.86	1,705
Selling, General & Admin	347.31	363.65	453.38	566.01	779.05
Other Operating Expenses	80.15	81.56	-33.11	239.15	450.95
Operating Expenses	427.47	469.2	425.03	815.5	1,225
Operating Income	154.33	171.93	346.99	-167.64	479.96
Interest Expense	-	-247	-242.92	-1,458	-2,719
Interest & Investment Income	-	9.21	133.35	957.48	2,303
Currency Exchange Gain (Loss)	-	-	-	0	-0
Other Non Operating Income (Expenses)	-243.88	-9.43	-9.53	-133.53	-65.06
EBT Excluding Unusual Items	-89.55	-75.29	227.89	-801.5	-1.78
Gain (Loss) on Sale of Investments	-175.73	-108.15	-20.56	-11.62	-775.95
Gain (Loss) on Sale of Assets	33.77	6.07	6.85	86.98	0.65
Asset Writedown	-43.87	-0.03	-0.05	-28.05	-0.49
Other Unusual Items	-	72.57	-209.17	-382.47	-184.47
Pretax Income	-275.39	-104.83	4.95	-1,137	-962.04
Income Tax Expense	69.82	-24.3	78.39	141.11	24.55
Earnings From Continuing Operations	-345.21	-80.54	-73.44	-1,278	-986.59
Minority Interest in Earnings	60.2	31.08	-2.39	439.93	479.79
Net Income	-285	-49.46	-75.83	-837.83	-506.8
Net Income to Common	-285	-49.46	-75.83	-837.83	-506.8
Shares Outstanding (Basic)	1,583	1,649	1,517	1,611	1,584
Shares Outstanding (Diluted)	1,583	1,649	1,517	1,611	1,584
Shares Change (YoY)	-3.96%	8.70%	-5.87%	1.74%	-0.19%
EPS (Basic)	-0.18	-0.03	-0.05	-0.52	-0.32
EPS (Diluted)	-0.18	-0.03	-0.05	-0.52	-0.32
Free Cash Flow	765.5	-44.06	1,238	15,805	27,292
Free Cash Flow Per Share	0.48	-0.03	0.82	9.81	17.23
Gross Margin	33.16%	33.23%	39.57%	25.22%	28.19%
Operating Margin	8.80%	8.91%	17.78%	-6.53%	7.94%
Profit Margin	-16.24%	-2.56%	-3.89%	-32.62%	-8.38%
Free Cash Flow Margin	43.63%	-2.28%	63.47%	615.37%	451.32%
EBITDA	194.93	212.17	390.89	-117.05	555.7
EBITDA Margin	11.11%	11.00%	20.03%	-4.56%	9.19%
D&A For EBITDA	40.61	40.24	43.9	50.59	75.75
EBIT	154.33	171.93	346.99	-167.64	479.96
EBIT Margin	8.80%	8.91%	17.78%	-6.53%	7.94%
Effective Tax Rate	-	-	1582.93%	-	-
Revenue as Reported	-	1,929	1,951	2,568	6,047

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.