SHA:600269 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	Sep '26 Sep 30, 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	5,978	6,238	5,924	7,455	6,728	6,392
Other Revenue	45.2	45.2	60.85	37.43	30	37.55
Revenue	6,024	6,283	5,985	7,492	6,758	6,430
Revenue Growth	3.44%	4.98%	-20.12%	10.86%	5.12%	26.92%
Cost of Revenue	3,872	4,025	3,624	5,170	4,618	3,909
Gross Profit	2,152	2,258	2,361	2,322	2,140	2,521
Selling, General & Admin	364.36	377.69	377.92	382.47	362.71	393.5
Research & Development	48.56	55.42	71.15	62.4	73.36	60.66
Other Operating Expenses	11.78	31.62	34.32	43.42	13.91	11.13
Operating Expenses	439.18	474.47	467.31	476.14	456.64	487.97
Operating Income	1,713	1,784	1,894	1,846	1,684	2,033
Interest Expense	-45.52	-222.24	-339.44	-416.1	-503.78	-551.08
Interest & Investment Income	63.74	84.55	104.49	146.27	129.83	76.63
Other Non Operating Income (Expenses)	-178.01	-9.33	-2.3	-5.52	-75.91	-8.71
EBT Excluding Unusual Items	1,553	1,637	1,656	1,571	1,234	1,550
Gain (Loss) on Sale of Investments	-1,046	283.96	302.04	190.48	-142.92	-338.77
Gain (Loss) on Sale of Assets	-26.42	-26.88	-126.81	-102.09	0.74	0.36
Asset Writedown	-23.85	-	-0	-	-12.35	-8.76
Other Unusual Items	17.47	27.65	21.96	23.44	4.71	168.33
Pretax Income	474.41	1,922	1,854	1,682	1,084	1,371
Income Tax Expense	213.7	546.27	521.44	466.04	334.15	374.96
Earnings From Continuing Operations	260.71	1,375	1,332	1,216	749.9	996.06
Minority Interest in Earnings	-71.81	-95.87	-53.02	-39.02	-53.92	-103.95
Net Income	188.89	1,280	1,279	1,177	695.97	892.11
Net Income to Common	188.89	1,280	1,279	1,177	695.97	892.11
Net Income Growth	-89.24%	0.03%	8.65%	69.16%	-21.99%	69.37%
Shares Outstanding (Basic)	2,335	2,326	2,326	2,355	2,320	2,348
Shares Outstanding (Diluted)	2,335	2,326	2,326	2,355	2,320	2,348
Shares Change	1.22%	0.03%	-1.22%	1.50%	-1.18%	2.51%
EPS (Basic)	0.08	0.55	0.55	0.50	0.30	0.38
EPS (Diluted)	0.08	0.55	0.55	0.50	0.30	0.38
EPS Growth	-89.37%	0%	10.00%	66.67%	-21.05%	65.22%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	1,322	1,285	173.58	162.67	1,524	2,846
Free Cash Flow Per Share	0.57	0.55	0.07	0.07	0.66	1.21
Dividend Per Share	0.170	0.170	0.170	0.160	0.100	0.120
Dividend Growth	0%	0%	6.25%	60.00%	-16.67%	-40.00%
Gross Margin	35.73%	35.95%	39.45%	30.99%	31.67%	39.21%
Operating Margin	28.44%	28.39%	31.64%	24.64%	24.91%	31.62%
Profit Margin	3.14%	20.36%	21.37%	15.71%	10.30%	13.88%
Free Cash Flow Margin	21.95%	20.45%	2.90%	2.17%	22.55%	44.26%
EBITDA	2,921	2,951	3,006	2,911	2,815	3,175
EBITDA Margin	48.48%	46.97%	50.23%	38.85%	41.65%	49.39%
D&A For EBITDA	1,208	1,167	1,113	1,065	1,131	1,142
EBIT	1,713	1,784	1,894	1,846	1,684	2,033
EBIT Margin	28.44%	28.39%	31.64%	24.64%	24.91%	31.62%
Effective Tax Rate	45.05%	28.43%	28.13%	27.70%	30.82%	27.35%
Revenue as Reported	1,884	6,283	5,985	7,492	6,758	6,430
Advertising Expenses	-	1.83	2.85	5.57	7.11	11.88