SHA:600559 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	Mar '26 Mar 31, 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	4,150	4,098	5,326	5,221	4,616	3,999
Other Revenue	23.67	23.67	31.68	35.98	37.13	28.39
Revenue	4,174	4,121	5,358	5,257	4,653	4,027
Revenue Growth (YoY)	-22.64%	-23.07%	1.91%	12.98%	15.54%	11.93%
Cost of Revenue	1,482	1,410	1,835	1,734	1,485	1,334
Gross Profit	2,692	2,711	3,523	3,523	3,168	2,693
Selling, General & Admin	1,421	1,486	1,647	1,834	1,796	1,590
Research & Development	8.19	11.26	15.94	13.23	14.42	15.77
Other Operating Expenses	755.75	728.75	886.94	875.48	746.91	626.54
Operating Expenses	2,187	2,227	2,549	2,722	2,553	2,232
Operating Income	505.78	483.93	974.11	801.27	615.07	460.57
Interest Expense	-	-	-	-0.14	-3.52	-10.48
Interest & Investment Income	32.02	34.99	47.77	37.55	40.41	30.27
Currency Exchange Gain (Loss)	-0.1	-0.1	0.04	-0.01	0.07	0
Other Non Operating Income (Expenses)	-1.74	-1.09	-6	-1.01	-2.89	-3.7
EBT Excluding Unusual Items	535.96	517.73	1,016	837.66	649.14	476.66
Gain (Loss) on Sale of Investments	-0.09	1.25	0.61	6.49	2.78	0.6
Gain (Loss) on Sale of Assets	-0.27	-0.16	-2.01	1.43	243.11	-1.1
Other Unusual Items	55.39	49.91	44.36	44.96	40	36.58
Pretax Income	591.34	568.73	1,059	890.54	935.04	512.74
Income Tax Expense	148.53	138.95	271.78	224.6	227.44	124.16
Earnings From Continuing Operations	442.82	429.78	787.1	665.94	707.6	388.58
Minority Interest in Earnings	-	-	-	-	-	0.62
Net Income	442.82	429.78	787.1	665.94	707.6	389.21
Net Income to Common	442.82	429.78	787.1	665.94	707.6	389.21
Net Income Growth	-44.88%	-45.40%	18.19%	-5.89%	81.81%	24.50%
Shares Outstanding (Basic)	920	914	915	912	907	905
Shares Outstanding (Diluted)	920	914	915	912	907	905
Shares Change (YoY)	0.84%	-0.09%	0.33%	0.56%	0.23%	1.34%
EPS (Basic)	0.48	0.47	0.86	0.73	0.78	0.43
EPS (Diluted)	0.48	0.47	0.86	0.73	0.78	0.43
EPS Growth	-45.34%	-45.35%	17.81%	-6.41%	81.39%	22.86%
Free Cash Flow	-181.97	-357.73	374.48	645.82	271.65	639.87
Free Cash Flow Per Share	-0.20	-0.39	0.41	0.71	0.30	0.71
Dividend Per Share	0.200	0.200	0.550	0.450	0.300	0.150
Dividend Growth	-63.64%	-63.64%	22.22%	50.00%	100.00%	-
Gross Margin	64.50%	65.78%	65.76%	67.01%	68.08%	66.87%
Operating Margin	12.12%	11.74%	18.18%	15.24%	13.22%	11.44%
Profit Margin	10.61%	10.43%	14.69%	12.67%	15.21%	9.66%
Free Cash Flow Margin	-4.36%	-8.68%	6.99%	12.28%	5.84%	15.89%
EBITDA	677.84	656.54	1,149	970.91	769.8	586.69
EBITDA Margin	16.24%	15.93%	21.45%	18.47%	16.54%	14.57%
D&A For EBITDA	172.05	172.61	174.86	169.64	154.74	126.12
EBIT	505.78	483.93	974.11	801.27	615.07	460.57
EBIT Margin	12.12%	11.74%	18.18%	15.24%	13.22%	11.44%
Effective Tax Rate	25.12%	24.43%	25.67%	25.22%	24.32%	24.21%
Revenue as Reported	4,174	4,121	5,358	5,257	4,653	4,027
Advertising Expenses	-	-	-	339.19	726.55	576.38

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