SHA:600284 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	13,422	14,392	18,826	17,677	14,834	11,354
Other Revenue	62.65	62.65	32.38	48.53	54.12	41.08
Revenue	13,485	14,455	18,859	17,726	14,888	11,395
Revenue Growth (YoY)	-17.64%	-23.35%	6.39%	19.06%	30.65%	36.03%
Cost of Revenue	12,482	13,359	17,399	16,404	13,786	10,519
Gross Profit	1,003	1,096	1,459	1,322	1,102	876.18
Selling, General & Admin	258.09	265.89	277.5	241.22	212.11	149.32
Research & Development	509.01	497.28	651.66	658.65	523.78	385.56
Other Operating Expenses	41.63	39.38	60.28	36.74	51.71	25.12
Operating Expenses	823.23	817.05	1,047	980.84	820.59	587.5
Operating Income	179.62	278.89	412.18	340.72	281.6	288.68
Interest Expense	-61.82	-61.82	-84.91	-83.83	-63.54	-52.43
Interest & Investment Income	204.77	211.57	287.62	307.8	280.76	283.44
Other Non Operating Income (Expenses)	26.51	-1.8	-6.95	-5.65	-2.1	-12.48
EBT Excluding Unusual Items	349.08	426.84	607.95	559.05	496.73	507.21
Gain (Loss) on Sale of Investments	84.31	81.3	34.25	40.72	63.43	40.49
Gain (Loss) on Sale of Assets	-15.86	-15.86	0.02	-0.03	5.76	-0.34
Other Unusual Items	-2.4	-2.4	-	13.24	18.27	10.97
Pretax Income	409.42	489.87	642.22	612.99	584.19	558.33
Income Tax Expense	118.78	128.27	40.54	25.21	18.97	20.33
Earnings From Continuing Operations	290.64	361.6	601.68	587.78	565.22	538
Minority Interest in Earnings	-8.84	-8.41	-8.31	-10.68	-6.12	-3.15
Net Income	281.8	353.19	593.37	577.1	559.1	534.85
Net Income to Common	281.8	353.19	593.37	577.1	559.1	534.85
Net Income Growth	-50.24%	-40.48%	2.82%	3.22%	4.54%	20.29%
Shares Outstanding (Basic)	970	970	970	970	970	970
Shares Outstanding (Diluted)	970	970	970	970	970	970
Shares Change (YoY)	0.02%	0.01%	-0.01%	-0.01%	-0.00%	-0.00%
EPS (Basic)	0.29	0.36	0.61	0.59	0.58	0.55
EPS (Diluted)	0.29	0.36	0.61	0.59	0.58	0.55
EPS Growth	-50.25%	-40.48%	2.82%	3.23%	4.54%	20.30%
Free Cash Flow	50.99	740.06	-444.81	-948.29	2,443	488.4
Free Cash Flow Per Share	0.05	0.76	-0.46	-0.98	2.52	0.50
Dividend Per Share	0.150	0.150	0.267	0.215	0.210	0.195
Dividend Growth	-43.82%	-43.82%	24.19%	2.38%	7.69%	21.88%
Gross Margin	7.44%	7.58%	7.74%	7.46%	7.40%	7.69%
Operating Margin	1.33%	1.93%	2.19%	1.92%	1.89%	2.53%
Profit Margin	2.09%	2.44%	3.15%	3.26%	3.75%	4.69%
Free Cash Flow Margin	0.38%	5.12%	-2.36%	-5.35%	16.41%	4.29%
EBITDA	319.4	418.88	553.01	429.71	353.55	332.1
EBITDA Margin	2.37%	2.90%	2.93%	2.42%	2.38%	2.91%
D&A For EBITDA	139.78	139.99	140.83	89	71.95	43.41
EBIT	179.62	278.89	412.18	340.72	281.6	288.68
EBIT Margin	1.33%	1.93%	2.19%	1.92%	1.89%	2.53%
Effective Tax Rate	29.01%	26.18%	6.31%	4.11%	3.25%	3.64%
Revenue as Reported	14,455	14,455	18,859	17,726	14,888	11,395

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