SHA:600250 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	689.96	738.52	802.25	782.29	786.53	933.48
Other Revenue	37.9	37.9	53.86	39.73	39.2	25.47
Revenue	727.86	776.41	856.11	822.02	825.73	958.95
Revenue Growth (YoY)	-14.65%	-9.31%	4.15%	-0.45%	-13.89%	-0.94%
Cost of Revenue	513.08	558.49	605.94	724.69	683.62	851.34
Gross Profit	214.77	217.93	250.17	97.33	142.12	107.61
Selling, General & Admin	110.56	102.83	100.72	92.27	94.11	89.02
Research & Development	7.17	7.4	7.17	9.24	6.69	5.33
Other Operating Expenses	7.91	7.85	8.39	7.98	9.03	8.23
Operating Expenses	130.61	120.85	118.13	126.85	104.13	90.42
Operating Income	84.17	97.07	132.03	-29.52	37.99	17.19
Interest Expense	-23.38	-29.81	-21.91	-29.4	-35.47	-34.31
Interest & Investment Income	15.36	31.5	18.21	100.88	6.21	60.65
Currency Exchange Gain (Loss)	3.53	3.53	4.68	18.34	-4.87	-13.39
Other Non Operating Income (Expenses)	20.06	19.86	-3.1	-4.83	-4.62	2.49
EBT Excluding Unusual Items	99.74	122.16	129.93	55.47	-0.76	32.63
Impairment of Goodwill	-	-	-	-7.82	-8.23	-
Gain (Loss) on Sale of Investments	0.07	0.7	0.21	5.06	-131.85	-
Gain (Loss) on Sale of Assets	-0.93	-0.94	0.16	-0.04	-0.03	0.22
Asset Writedown	-0.61	-0.56	-	-2.27	-	-0.43
Other Unusual Items	2.33	2.33	3.27	1.56	1.52	4.54
Pretax Income	100.59	123.69	133.56	51.95	-139.35	36.96
Income Tax Expense	31.91	32.13	41.91	3.27	12.61	6.83
Earnings From Continuing Operations	68.68	91.56	91.65	48.68	-151.97	30.13
Minority Interest in Earnings	-43.16	-45.92	-57.51	-6.47	-16.86	-8.3
Net Income	25.52	45.64	34.14	42.21	-168.82	21.83
Net Income to Common	25.52	45.64	34.14	42.21	-168.82	21.83
Net Income Growth	-29.56%	33.69%	-19.13%	-	-	-80.76%
Shares Outstanding (Basic)	316	304	310	302	313	312
Shares Outstanding (Diluted)	316	304	341	384	313	312
Shares Change (YoY)	-5.88%	-10.88%	-11.04%	22.75%	0.25%	20.91%
EPS (Basic)	0.08	0.15	0.11	0.14	-0.54	0.07
EPS (Diluted)	0.08	0.15	0.10	0.11	-0.54	0.07
EPS Growth	-25.16%	50.00%	-9.09%	-	-	-84.09%
Free Cash Flow	128.27	93.66	97.33	-53.82	17.87	146.05
Free Cash Flow Per Share	0.41	0.31	0.28	-0.14	0.06	0.47
Gross Margin	29.51%	28.07%	29.22%	11.84%	17.21%	11.22%
Operating Margin	11.56%	12.50%	15.42%	-3.59%	4.60%	1.79%
Profit Margin	3.51%	5.88%	3.99%	5.13%	-20.45%	2.28%
Free Cash Flow Margin	17.62%	12.06%	11.37%	-6.55%	2.17%	15.23%
EBITDA	115.52	127.55	161.34	-1.37	65.18	43.02
EBITDA Margin	15.87%	16.43%	18.85%	-0.17%	7.89%	4.49%
D&A For EBITDA	31.35	30.48	29.31	28.15	27.19	25.83
EBIT	84.17	97.07	132.03	-29.52	37.99	17.19
EBIT Margin	11.56%	12.50%	15.42%	-3.59%	4.60%	1.79%
Effective Tax Rate	31.72%	25.97%	31.38%	6.30%	-	18.48%
Revenue as Reported	727.86	776.41	856.11	822.02	825.73	958.95
Advertising Expenses	-	2.93	2.11	2.6	2.64	1.8

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