SHA:600508 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	Sep '26 Sep 30, 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	9,003	7,578	9,385	10,881	12,469	10,000
Other Revenue	98.33	98.33	102.75	96.66	164.87	156.6
Revenue	9,101	7,677	9,488	10,978	12,634	10,156
Revenue Growth	15.29%	-19.09%	-13.57%	-13.11%	24.39%	32.69%
Cost of Revenue	7,652	6,601	7,463	8,503	8,277	8,026
Gross Profit	1,449	1,075	2,025	2,475	4,357	2,130
Selling, General & Admin	687.27	595.9	705.8	675.64	1,019	662.32
Research & Development	64.54	41.61	62.32	48.25	48.3	38.32
Other Operating Expenses	291.58	232.4	314.84	343.62	423.14	285
Operating Expenses	1,043	870.86	1,082	1,068	1,492	984.18
Operating Income	405.51	204.4	942.8	1,407	2,864	1,146
Interest Expense	-116.17	-89.73	-107.99	-100.73	-101.88	-115.21
Interest & Investment Income	21.19	25.29	38.12	39.69	274.33	9.88
Other Non Operating Income (Expenses)	-3.62	6.38	6.4	4.65	10.89	-6.97
EBT Excluding Unusual Items	306.91	146.35	879.34	1,350	3,048	1,034
Gain (Loss) on Sale of Investments	-	-	-	-	-47.46	-1.4
Gain (Loss) on Sale of Assets	6.55	6.55	1.04	2.26	40.93	35.54
Asset Writedown	-5.19	-	-	-0.35	-730.98	-549.12
Legal Settlements	-	-	-	-	40	-40
Other Unusual Items	12.79	2.19	-	-	4.64	54.48
Pretax Income	321.06	155.08	880.38	1,352	2,355	533.2
Income Tax Expense	66.7	-3.26	215.8	374.57	632.55	123.31
Earnings From Continuing Operations	254.35	158.34	664.57	977.7	1,722	409.89
Minority Interest in Earnings	47.52	62.09	51.02	-8.58	17.66	-36.11
Net Income	301.87	220.43	715.6	969.12	1,740	373.78
Net Income to Common	301.87	220.43	715.6	969.12	1,740	373.78
Net Income Growth	-12.51%	-69.20%	-26.16%	-44.30%	365.47%	-44.08%
Shares Outstanding (Basic)	1,011	1,012	1,012	1,012	1,012	1,012
Shares Outstanding (Diluted)	1,011	1,012	1,012	1,012	1,012	1,012
Shares Change	-1.04%	-	-	-	-	-
EPS (Basic)	0.30	0.22	0.71	0.96	1.72	0.37
EPS (Diluted)	0.30	0.22	0.71	0.96	1.72	0.37
EPS Growth	-11.59%	-69.20%	-26.16%	-44.30%	365.47%	-44.08%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	708.98	-549.19	56.33	249.96	2,817	259.57
Free Cash Flow Per Share	0.70	-0.54	0.06	0.25	2.78	0.26
Dividend Per Share	0.150	0.214	0.286	0.293	0.521	0.111
Dividend Growth	-27.57%	-24.99%	-2.46%	-43.82%	371.00%	-44.26%
Gross Margin	15.92%	14.01%	21.34%	22.54%	34.48%	20.97%
Operating Margin	4.46%	2.66%	9.94%	12.81%	22.67%	11.28%
Profit Margin	3.32%	2.87%	7.54%	8.83%	13.77%	3.68%
Free Cash Flow Margin	7.79%	-7.15%	0.59%	2.28%	22.30%	2.56%
EBITDA	1,350	1,140	1,868	2,268	3,760	2,036
EBITDA Margin	14.83%	14.86%	19.68%	20.66%	29.76%	20.05%
D&A For EBITDA	944.56	936.09	924.79	860.95	895.73	890.29
EBIT	405.51	204.4	942.8	1,407	2,864	1,146
EBIT Margin	4.46%	2.66%	9.94%	12.81%	22.67%	11.28%
Effective Tax Rate	20.78%	-	24.51%	27.70%	26.86%	23.13%
Revenue as Reported	9,101	7,677	9,488	10,978	12,634	10,156