SHA:600506 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	2,411	2,305	2,230	2,005	289.33
Other Revenue	-	8.44	9.25	5.21	60.21
Revenue	2,411	2,314	2,239	2,011	349.54
Revenue Growth (YoY)	4.20%	3.35%	11.35%	475.22%	194.76%
Cost of Revenue	1,924	1,850	1,873	1,715	324.92
Gross Profit	486.84	463.97	365.51	295.1	24.62
Selling, General & Admin	350.41	326.24	309.33	314.5	41.48
Research & Development	47.57	43.53	17.03	23.66	0.71
Other Operating Expenses	10.96	5.92	21.77	28.07	3.24
Operating Expenses	408.94	370.43	348.46	389.49	48.2
Operating Income	77.9	93.54	17.05	-94.39	-23.59
Interest Expense	-	-60.72	-75.57	-96.38	-3.92
Interest & Investment Income	0.27	1.79	2.04	4.82	2.34
Currency Exchange Gain (Loss)	-	0.11	0.16	-0.13	-1.2
Other Non Operating Income (Expenses)	-23.12	-0.34	-0.32	0.03	-8.35
EBT Excluding Unusual Items	55.05	34.38	-56.64	-186.05	-34.71
Impairment of Goodwill	-	-	-6	-48.03	-1.59
Gain (Loss) on Sale of Investments	-	-	29	119	-
Gain (Loss) on Sale of Assets	-7.19	6.47	-13.96	-0.66	-0
Asset Writedown	-32.34	-	-16.57	-2.8	-
Other Unusual Items	-	0.74	0.77	0.08	0.18
Pretax Income	15.52	41.59	-63.4	-118.46	-36.12
Income Tax Expense	3.46	10.2	-14.41	-34.24	-0.19
Earnings From Continuing Operations	12.06	31.39	-48.98	-84.22	-35.93
Minority Interest in Earnings	1.02	-	-	-	-
Net Income	13.08	31.39	-48.98	-84.22	-35.93
Net Income to Common	13.08	31.39	-48.98	-84.22	-35.93
Net Income Growth	-58.34%	-	-	-	-
Shares Outstanding (Basic)	192	192	192	150	148
Shares Outstanding (Diluted)	192	192	192	150	148
Shares Change (YoY)	0.18%	-0.03%	28.21%	1.41%	-0.53%
EPS (Basic)	0.07	0.16	-0.26	-0.56	-0.24
EPS (Diluted)	0.07	0.16	-0.26	-0.56	-0.24
EPS Growth	-58.41%	-	-	-	-
Free Cash Flow	277.71	411.34	342.91	64.33	-12.6
Free Cash Flow Per Share	1.44	2.14	1.79	0.43	-0.09
Gross Margin	20.19%	20.05%	16.33%	14.68%	7.04%
Operating Margin	3.23%	4.04%	0.76%	-4.69%	-6.75%
Profit Margin	0.54%	1.36%	-2.19%	-4.19%	-10.28%
Free Cash Flow Margin	11.52%	17.78%	15.32%	3.20%	-3.61%
EBITDA	112.36	129.93	60.44	-41.85	-10.74
EBITDA Margin	4.66%	5.62%	2.70%	-2.08%	-3.07%
D&A For EBITDA	34.46	36.39	43.39	52.54	12.85
EBIT	77.9	93.54	17.05	-94.39	-23.59
EBIT Margin	3.23%	4.04%	0.76%	-4.69%	-6.75%
Effective Tax Rate	22.31%	24.53%	-	-	-
Revenue as Reported	-	2,314	2,239	-	349.54
Advertising Expenses	-	14.21	16.63	13.16	3.4

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.