SHA:600426 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	32,167	33,795	26,924	29,347	26,425	12,836
Other Revenue	431.08	431.08	336.31	898.18	318.95	279.3
Revenue	32,598	34,226	27,260	30,245	26,744	13,115
Revenue Growth (YoY)	-1.50%	25.55%	-9.87%	13.09%	103.92%	-7.58%
Cost of Revenue	26,936	27,854	21,617	21,506	17,326	10,326
Gross Profit	5,662	6,372	5,642	8,739	9,418	2,789
Selling, General & Admin	406.62	418.59	387.23	307.78	326.16	216.8
Research & Development	739.58	660.66	578.38	610.63	368.44	284.03
Other Operating Expenses	65.41	39.06	187.64	215.64	134.01	98.71
Operating Expenses	1,215	1,144	1,154	1,132	832.01	598.81
Operating Income	4,448	5,228	4,488	7,607	8,586	2,190
Interest Expense	-263.91	-258.72	-97.77	-91.08	-109.6	-108.09
Interest & Investment Income	15.08	22.81	35.92	72.5	50.14	58.01
Currency Exchange Gain (Loss)	19.36	19.36	6.62	0.43	-4.11	-7.64
Other Non Operating Income (Expenses)	-17.99	-3.79	-4.58	-2.22	-2.94	-2.13
EBT Excluding Unusual Items	4,200	5,008	4,428	7,587	8,520	2,130
Gain (Loss) on Sale of Investments	-21.99	-32.03	-6.39	1.23	1.02	-9.35
Gain (Loss) on Sale of Assets	6.57	4.52	5.21	16.54	15.4	-1.25
Asset Writedown	25.43	-	-	-17.08	-	-
Other Unusual Items	39.08	34.42	-146.27	-177.14	7.37	3.42
Pretax Income	4,249	5,015	4,281	7,411	8,543	2,123
Income Tax Expense	731.38	836.44	658.35	1,123	1,273	324.56
Earnings From Continuing Operations	3,518	4,178	3,622	6,288	7,270	1,798
Minority Interest in Earnings	-290.26	-275.61	-46.53	1.85	0.45	-0.1
Net Income	3,228	3,903	3,576	6,289	7,271	1,798
Net Income to Common	3,228	3,903	3,576	6,289	7,271	1,798
Net Income Growth	-12.71%	9.14%	-43.14%	-13.50%	304.30%	-26.69%
Shares Outstanding (Basic)	2,119	2,120	2,117	2,121	2,114	2,116
Shares Outstanding (Diluted)	2,119	2,120	2,117	2,121	2,114	2,116
Shares Change (YoY)	0.05%	0.13%	-0.19%	0.33%	-0.07%	0.05%
EPS (Basic)	1.52	1.84	1.69	2.96	3.44	0.85
EPS (Diluted)	1.52	1.84	1.69	2.96	3.44	0.85
EPS Growth	-12.75%	9.00%	-43.04%	-13.78%	304.59%	-26.72%
Free Cash Flow	195.07	-112.6	-3,995	29.33	1,233	379.03
Free Cash Flow Per Share	0.09	-0.05	-1.89	0.01	0.58	0.18
Dividend Per Share	0.550	0.600	0.600	0.800	0.800	0.231
Dividend Growth	-38.89%	-	-25.00%	-	246.62%	-14.26%
Gross Margin	17.37%	18.62%	20.70%	28.89%	35.22%	21.27%
Operating Margin	13.64%	15.28%	16.46%	25.15%	32.10%	16.70%
Profit Margin	9.90%	11.40%	13.12%	20.79%	27.19%	13.71%
Free Cash Flow Margin	0.60%	-0.33%	-14.66%	0.10%	4.61%	2.89%
EBITDA	7,839	7,975	6,377	9,371	9,994	3,489
EBITDA Margin	24.05%	23.30%	23.39%	30.98%	37.37%	26.60%
D&A For EBITDA	3,392	2,747	1,889	1,764	1,408	1,299
EBIT	4,448	5,228	4,488	7,607	8,586	2,190
EBIT Margin	13.64%	15.28%	16.46%	25.15%	32.10%	16.70%
Effective Tax Rate	17.21%	16.68%	15.38%	15.15%	14.90%	15.29%
Revenue as Reported	32,598	34,226	27,260	30,245	26,744	13,115

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