SHA:600482 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	58,348	57,800	51,256	44,706	37,856	34,282
Other Revenue	-	-	440.6	396.75	424.3	386.57
Revenue	58,348	57,800	51,697	45,103	38,280	34,669
Revenue Growth (YoY)	10.91%	11.81%	14.62%	17.82%	10.42%	28.34%
Cost of Revenue	48,141	48,032	44,337	39,729	33,809	30,608
Gross Profit	10,208	9,768	7,360	5,373	4,471	4,061
Selling, General & Admin	2,985	3,003	2,844	2,552	2,457	2,258
Research & Development	3,158	3,094	2,443	2,109	1,676	1,470
Other Operating Expenses	-159.67	-173.68	-56.49	134.58	161.15	107.81
Operating Expenses	5,983	5,923	5,266	4,842	4,424	3,850
Operating Income	4,225	3,845	2,094	531.39	47.33	210.8
Interest Expense	-	-	-223.33	-262.97	-221.77	-182.91
Interest & Investment Income	235.49	221.72	725.42	707.33	383	265.57
Currency Exchange Gain (Loss)	-	-	24.18	-13.03	70.76	-2.22
Other Non Operating Income (Expenses)	174.02	143.56	-40.39	-13.54	-0.27	261.33
EBT Excluding Unusual Items	4,634	4,210	2,580	949.18	279.06	552.57
Gain (Loss) on Sale of Investments	-0.51	-1.39	-	22.26	18.52	12.59
Gain (Loss) on Sale of Assets	71.25	70.26	20.8	0.88	22.97	42.86
Asset Writedown	-280.05	-318.56	-26.51	1.85	-43.99	-43.29
Legal Settlements	-	-	-9.29	-12.19	-5.83	-5.66
Other Unusual Items	-	-	265.73	198.61	198.22	229.12
Pretax Income	4,425	3,961	2,831	1,161	468.95	788.18
Income Tax Expense	694.03	630.86	277.82	102.23	82.72	101.35
Earnings From Continuing Operations	3,731	3,330	2,553	1,058	386.23	686.83
Minority Interest in Earnings	-2,238	-2,029	-1,162	-278.88	-50.51	-51.9
Net Income	1,493	1,301	1,391	779.49	335.72	634.94
Net Income to Common	1,493	1,301	1,391	779.49	335.72	634.94
Net Income Growth	-12.07%	-6.47%	78.43%	132.18%	-47.13%	16.96%
Shares Outstanding (Basic)	2,246	2,243	2,208	2,165	2,098	2,189
Shares Outstanding (Diluted)	2,246	2,243	2,280	2,165	2,098	2,189
Shares Change (YoY)	-2.80%	-1.63%	5.30%	3.19%	-4.16%	12.93%
EPS (Basic)	0.66	0.58	0.63	0.36	0.16	0.29
EPS (Diluted)	0.66	0.58	0.61	0.36	0.16	0.29
EPS Growth	-9.54%	-4.92%	69.44%	125.00%	-44.83%	3.57%
Free Cash Flow	9,485	10,218	13,315	3,674	1,811	4,335
Free Cash Flow Per Share	4.22	4.56	5.84	1.70	0.86	1.98
Dividend Per Share	-	-	0.186	0.106	0.046	0.086
Dividend Growth	-	-	74.80%	129.13%	-46.00%	-
Gross Margin	17.50%	16.90%	14.24%	11.91%	11.68%	11.71%
Operating Margin	7.24%	6.65%	4.05%	1.18%	0.12%	0.61%
Profit Margin	2.56%	2.25%	2.69%	1.73%	0.88%	1.83%
Free Cash Flow Margin	16.25%	17.68%	25.76%	8.14%	4.73%	12.50%
EBITDA	5,668	5,271	3,453	1,806	1,298	1,345
EBITDA Margin	9.71%	9.12%	6.68%	4.00%	3.39%	3.88%
D&A For EBITDA	1,443	1,426	1,359	1,274	1,250	1,134
EBIT	4,225	3,845	2,094	531.39	47.33	210.8
EBIT Margin	7.24%	6.65%	4.05%	1.18%	0.12%	0.61%
Effective Tax Rate	15.68%	15.93%	9.81%	8.81%	17.64%	12.86%
Revenue as Reported	-	-	51,697	45,103	38,280	34,669
Advertising Expenses	-	-	8.79	7.55	8.32	10.73

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