SHA:600496 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	20,682	18,308	16,299	15,548	14,945
Other Revenue	156.5	183.6	207.63	166.95	196.03
Revenue	20,838	18,492	16,506	15,715	15,141
Revenue Growth (YoY)	12.69%	12.03%	5.04%	3.79%	31.85%
Cost of Revenue	18,582	16,154	14,362	13,505	13,113
Gross Profit	2,256	2,338	2,144	2,210	2,029
Selling, General & Admin	757.55	706	703	638.67	569.57
Research & Development	716.63	681.68	661.48	596.54	555.24
Other Operating Expenses	74.72	72.49	57.3	51.92	37.85
Operating Expenses	1,614	1,705	1,577	1,472	1,322
Operating Income	641.93	632.38	567.36	737.42	706.56
Interest Expense	-156.53	-181.33	-198.21	-205.96	-166.16
Interest & Investment Income	101.4	120.54	153.55	188.85	157.64
Currency Exchange Gain (Loss)	-3.65	-8.77	3.19	3.99	-9.71
Other Non Operating Income (Expenses)	-30.27	-7.11	0.57	-1.22	-11.95
EBT Excluding Unusual Items	552.88	555.71	526.47	723.07	676.38
Gain (Loss) on Sale of Investments	50.85	-36.55	-1.23	-	0.14
Gain (Loss) on Sale of Assets	-1.37	-5.31	-2.41	-8.36	3.17
Asset Writedown	-	-7.56	-	-	-
Other Unusual Items	95.83	70.83	72.19	18.22	41.03
Pretax Income	698.19	577.13	595.01	732.94	720.72
Income Tax Expense	87.6	50.39	23.6	26.93	21.32
Earnings From Continuing Operations	610.59	526.73	571.41	706.01	699.4
Minority Interest in Earnings	-5.63	-15.05	-23.02	-6.66	-12.59
Net Income	604.96	511.68	548.39	699.35	686.81
Net Income to Common	604.96	511.68	548.39	699.35	686.81
Net Income Growth	18.23%	-6.69%	-21.59%	1.83%	6.19%
Shares Outstanding (Basic)	1,967	1,990	1,990	2,013	2,013
Shares Outstanding (Diluted)	2,130	2,104	2,210	2,143	2,013
Shares Change (YoY)	1.24%	-4.81%	3.16%	6.44%	7.19%
EPS (Basic)	0.31	0.26	0.28	0.35	0.34
EPS (Diluted)	0.28	0.24	0.25	0.33	0.34
EPS Growth	16.78%	-1.98%	-23.99%	-4.34%	-0.93%
Free Cash Flow	617.88	653.44	216.92	-692.93	-444.69
Free Cash Flow Per Share	0.29	0.31	0.10	-0.32	-0.22
Dividend Per Share	0.220	0.080	0.060	0.036	0.036
Dividend Growth	175.00%	33.33%	66.67%	-	20.00%
Gross Margin	10.83%	12.64%	12.99%	14.06%	13.40%
Operating Margin	3.08%	3.42%	3.44%	4.69%	4.67%
Profit Margin	2.90%	2.77%	3.32%	4.45%	4.54%
Free Cash Flow Margin	2.96%	3.53%	1.31%	-4.41%	-2.94%
EBITDA	806.2	803.09	711.89	866.83	812.85
EBITDA Margin	3.87%	4.34%	4.31%	5.52%	5.37%
D&A For EBITDA	164.27	170.72	144.53	129.41	106.28
EBIT	641.93	632.38	567.36	737.42	706.56
EBIT Margin	3.08%	3.42%	3.44%	4.69%	4.67%
Effective Tax Rate	12.55%	8.73%	3.97%	3.67%	2.96%
Revenue as Reported	20,838	18,492	16,506	15,715	15,141
Advertising Expenses	1.65	1.49	1.97	1.15	0.47

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