SHA:600368 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	1,725	1,736	1,520	1,583	1,750	1,648
Other Revenue	87.08	87.08	113.2	103.79	80.97	75.15
Revenue	1,813	1,823	1,633	1,687	1,831	1,723
Revenue Growth (YoY)	8.53%	11.61%	-3.15%	-7.87%	6.25%	-19.77%
Cost of Revenue	1,068	924.16	653.44	794.02	854.42	1,071
Gross Profit	744.52	898.85	979.9	892.5	976.24	651.72
Selling, General & Admin	68.19	133.32	225.45	188.53	182.14	156.6
Other Operating Expenses	13.34	14.15	14.36	13.64	16.31	12.27
Operating Expenses	103.55	172.86	245.75	202.78	205.62	166.77
Operating Income	640.96	725.99	734.14	689.72	770.62	484.95
Interest Expense	-93.83	-112.92	-131.14	-124.23	-171.53	-239.99
Interest & Investment Income	5.36	8.77	10.26	138.9	363.82	361.13
Earnings From Equity Investments	167.99	163.26	167.63	-	-	-
Currency Exchange Gain (Loss)	-9.3	-9.3	-14.27	-65.83	16.69	56.36
Other Non Operating Income (Expenses)	12.57	11.63	-8.34	3.6	-127.15	-24.33
EBT Excluding Unusual Items	723.74	787.42	758.28	642.16	852.45	638.11
Gain (Loss) on Sale of Investments	-	-	-	-2.96	-54.78	-10.24
Gain (Loss) on Sale of Assets	-	-	0.05	0.02	0.03	-0.62
Asset Writedown	-2.01	-	-	-	-	-
Other Unusual Items	16.6	16.6	1.22	23.65	10.06	15.56
Pretax Income	738.33	804.02	759.55	662.87	807.76	642.81
Income Tax Expense	100.5	109.87	107.88	85.28	107.52	81.6
Earnings From Continuing Operations	637.83	694.15	651.66	577.59	700.24	561.21
Minority Interest in Earnings	2.3	4.08	9	4.21	1.5	3.05
Net Income	640.13	698.23	660.67	581.8	701.74	564.25
Net Income to Common	640.13	698.23	660.67	581.8	701.74	564.25
Net Income Growth	-5.46%	5.69%	13.56%	-17.09%	24.37%	-35.71%
Shares Outstanding (Basic)	1,610	1,610	1,610	1,463	1,610	1,609
Shares Outstanding (Diluted)	1,610	1,610	1,610	1,463	1,610	1,609
Shares Change (YoY)	-0.01%	-0.01%	10.01%	-9.11%	0.03%	0.03%
EPS (Basic)	0.40	0.43	0.41	0.40	0.44	0.35
EPS (Diluted)	0.40	0.43	0.41	0.40	0.44	0.35
EPS Growth	-5.44%	5.70%	3.22%	-8.79%	24.33%	-35.73%
Free Cash Flow	-434.6	310.42	743.78	1,380	1,590	726.11
Free Cash Flow Per Share	-0.27	0.19	0.46	0.94	0.99	0.45
Dividend Per Share	0.131	0.131	0.082	0.036	0.132	0.106
Dividend Growth	59.17%	59.17%	126.10%	-72.32%	24.53%	88.91%
Gross Margin	41.08%	49.31%	59.99%	52.92%	53.33%	37.83%
Operating Margin	35.36%	39.82%	44.95%	40.90%	42.09%	28.15%
Profit Margin	35.32%	38.30%	40.45%	34.50%	38.33%	32.75%
Free Cash Flow Margin	-23.98%	17.03%	45.54%	81.82%	86.84%	42.14%
EBITDA	912.32	1,012	1,040	957.4	1,111	804.54
EBITDA Margin	50.33%	55.51%	63.65%	56.77%	60.66%	46.70%
D&A For EBITDA	271.36	285.95	305.41	267.68	339.94	319.58
EBIT	640.96	725.99	734.14	689.72	770.62	484.95
EBIT Margin	35.36%	39.82%	44.95%	40.90%	42.09%	28.15%
Effective Tax Rate	13.61%	13.66%	14.20%	12.86%	13.31%	12.69%
Revenue as Reported	1,813	1,823	1,633	1,687	1,831	1,723
Advertising Expenses	-	1.21	5.68	1.08	1.18	1.29

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.