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	2,398	2,305	2,230	2,005	289.33
Other Revenue	13.19	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	1,938	1,850	1,873	1,715	324.92
Gross Profit	473	463.97	365.51	295.1	24.62
Selling, General & Admin	347.72	326.24	309.33	314.5	41.48
Research & Development	47.12	43.53	17.03	23.66	0.71
Other Operating Expenses	11.37	6.09	21.77	28.07	3.24
Operating Expenses	399.04	370.59	348.46	389.49	48.2
Operating Income	73.96	93.38	17.05	-94.39	-23.59
Interest Expense	-28.74	-60.72	-75.57	-96.38	-3.92
Interest & Investment Income	1.46	1.79	2.04	4.82	2.34
Currency Exchange Gain (Loss)	-0.11	0.11	0.16	-0.13	-1.2
Other Non Operating Income (Expenses)	-2.27	-0.34	-0.32	0.03	-8.35
EBT Excluding Unusual Items	44.3	34.21	-56.64	-186.05	-34.71
Impairment of Goodwill	-7.46	-	-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	-15.17	-	-16.57	-2.8	-
Other Unusual Items	1.05	0.91	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	191	192	150	148
Shares Outstanding (Diluted)	192	191	192	150	148
Shares Change (YoY)	0.48%	-0.33%	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	-58.54%	-	-	-	-
Free Cash Flow	277.71	411.34	342.91	64.33	-12.6
Free Cash Flow Per Share	1.44	2.15	1.79	0.43	-0.09
Dividend Per Share	0.035	-	-	-	-
Gross Margin	19.62%	20.05%	16.33%	14.68%	7.04%
Operating Margin	3.07%	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	107.5	133.35	60.44	-41.85	-10.74
EBITDA Margin	4.46%	5.76%	2.70%	-2.08%	-3.07%
D&A For EBITDA	33.55	39.98	43.39	52.54	12.85
EBIT	73.96	93.38	17.05	-94.39	-23.59
EBIT Margin	3.07%	4.04%	0.76%	-4.69%	-6.75%
Effective Tax Rate	22.31%	24.53%	-	-	-
Revenue as Reported	2,411	2,314	2,239	-	349.54
Advertising Expenses	-	-	16.63	13.16	3.4

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