SHA:600497 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	20,728	18,202	21,402	21,395	21,376	18,909
Other Revenue	600.46	600.46	667.16	505.36	340.68	256.18
Revenue	21,329	18,803	22,069	21,900	21,717	19,165
Revenue Growth (YoY)	5.47%	-14.80%	0.77%	0.85%	13.31%	16.83%
Cost of Revenue	18,052	15,749	18,446	18,550	18,194	16,721
Gross Profit	3,277	3,053	3,623	3,350	3,522	2,443
Selling, General & Admin	1,112	950.02	934.95	707.76	1,040	777.64
Research & Development	147.74	130.24	72.01	48.65	74.19	53.5
Other Operating Expenses	323.37	217.04	350.12	192.92	251.75	164.97
Operating Expenses	1,694	1,406	1,543	1,164	1,640	1,137
Operating Income	1,583	1,648	2,080	2,187	1,883	1,306
Interest Expense	-67.2	-85.6	-105.08	-197.8	-299.72	-392.7
Interest & Investment Income	53.56	60.34	18.07	124.85	10.43	36.39
Currency Exchange Gain (Loss)	-2.99	-2.99	2.48	-5.01	-1.65	-2.05
Other Non Operating Income (Expenses)	-3.15	-29.02	-39.35	-45.49	-42.4	-14.12
EBT Excluding Unusual Items	1,564	1,590	1,956	2,063	1,549	933.7
Gain (Loss) on Sale of Investments	1.57	-	-121.43	-0.02	-9.9	0.06
Gain (Loss) on Sale of Assets	-205.26	-198.85	9.01	-143.03	-396.45	-46.8
Asset Writedown	-87	-45.5	-58.55	-1,252	-276.8	-634.33
Other Unusual Items	-23.63	-12.73	2.32	6.24	-26.58	6.04
Pretax Income	1,249	1,333	1,788	676.09	839.48	258.67
Income Tax Expense	136.73	56.7	303.02	79.74	300.2	170.46
Earnings From Continuing Operations	1,113	1,277	1,485	596.35	539.28	88.21
Minority Interest in Earnings	29.99	16.11	22.83	74.64	45.14	383.45
Net Income	1,143	1,293	1,507	670.99	584.42	471.67
Net Income to Common	1,143	1,293	1,507	670.99	584.42	471.67
Net Income Growth	-7.18%	-14.24%	124.65%	14.81%	23.91%	-39.31%
Shares Outstanding (Basic)	5,054	5,091	5,091	5,091	5,091	5,094
Shares Outstanding (Diluted)	5,054	5,091	5,091	5,091	5,091	5,094
Shares Change (YoY)	-0.73%	0.01%	-0.00%	0.00%	-0.06%	0.02%
EPS (Basic)	0.23	0.25	0.30	0.13	0.11	0.09
EPS (Diluted)	0.23	0.25	0.30	0.13	0.11	0.09
EPS Growth	-6.50%	-14.25%	124.66%	14.81%	23.97%	-39.32%
Free Cash Flow	2,090	1,283	2,685	2,757	2,576	1,902
Free Cash Flow Per Share	0.41	0.25	0.53	0.54	0.51	0.37
Dividend Per Share	0.160	0.130	0.140	0.120	0.120	0.050
Dividend Growth	14.29%	-7.14%	16.67%	-	140.00%	-58.33%
Gross Margin	15.36%	16.24%	16.42%	15.30%	16.22%	12.75%
Operating Margin	7.42%	8.76%	9.43%	9.98%	8.67%	6.82%
Profit Margin	5.36%	6.88%	6.83%	3.06%	2.69%	2.46%
Free Cash Flow Margin	9.80%	6.83%	12.16%	12.59%	11.86%	9.92%
EBITDA	2,799	2,932	3,458	3,582	3,249	2,530
EBITDA Margin	13.12%	15.60%	15.67%	16.36%	14.96%	13.20%
D&A For EBITDA	1,215	1,285	1,378	1,395	1,367	1,224
EBIT	1,583	1,648	2,080	2,187	1,883	1,306
EBIT Margin	7.42%	8.76%	9.43%	9.98%	8.67%	6.82%
Effective Tax Rate	10.94%	4.25%	16.95%	11.79%	35.76%	65.90%
Revenue as Reported	21,329	18,803	22,069	21,900	21,717	19,165
Advertising Expenses	-	5.35	1.15	-	-	-

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