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	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	3,800	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	3,824	4,121	5,358	5,257	4,653	4,027
Revenue Growth	-16.88%	-23.07%	1.91%	12.98%	15.54%	11.93%
Cost of Revenue	1,395	1,410	1,835	1,734	1,485	1,334
Gross Profit	2,429	2,711	3,523	3,523	3,168	2,693
Selling, General & Admin	1,298	1,486	1,647	1,834	1,796	1,590
Research & Development	7.21	11.26	15.94	13.23	14.42	15.77
Other Operating Expenses	726.36	728.75	886.94	875.48	746.91	626.54
Operating Expenses	2,032	2,227	2,549	2,722	2,553	2,232
Operating Income	396.87	483.93	974.11	801.27	615.07	460.57
Interest Expense	-	-	-	-0.14	-3.52	-10.48
Interest & Investment Income	16.11	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)	-0.94	-1.09	-6	-1.01	-2.89	-3.7
EBT Excluding Unusual Items	411.93	517.73	1,016	837.66	649.14	476.66
Gain (Loss) on Sale of Investments	1.47	1.25	0.61	6.49	2.78	0.6
Gain (Loss) on Sale of Assets	-0.13	-0.16	-2.01	1.43	243.11	-1.1
Other Unusual Items	65.66	49.91	44.36	44.96	40	36.58
Pretax Income	478.67	568.73	1,059	890.54	935.04	512.74
Income Tax Expense	120.74	138.95	271.78	224.6	227.44	124.16
Earnings From Continuing Operations	357.93	429.78	787.1	665.94	707.6	388.58
Minority Interest in Earnings	-	-	-	-	-	0.62
Net Income	357.93	429.78	787.1	665.94	707.6	389.21
Net Income to Common	357.93	429.78	787.1	665.94	707.6	389.21
Net Income Growth	-43.29%	-45.40%	18.19%	-5.89%	81.81%	24.50%
Shares Outstanding (Basic)	916	914	915	912	907	905
Shares Outstanding (Diluted)	916	914	915	912	907	905
Shares Change	0.30%	-0.09%	0.33%	0.56%	0.23%	1.34%
EPS (Basic)	0.39	0.47	0.86	0.73	0.78	0.43
EPS (Diluted)	0.39	0.47	0.86	0.73	0.78	0.43
EPS Growth	-43.46%	-45.35%	17.81%	-6.41%	81.39%	22.86%

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	180.23	-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%	0%
Gross Margin	63.51%	65.78%	65.76%	67.01%	68.08%	66.87%
Operating Margin	10.38%	11.74%	18.18%	15.24%	13.22%	11.44%
Profit Margin	9.36%	10.43%	14.69%	12.67%	15.21%	9.66%
Free Cash Flow Margin	4.71%	-8.68%	6.99%	12.28%	5.84%	15.89%
EBITDA	567.8	656.54	1,149	970.91	769.8	586.69
EBITDA Margin	14.85%	15.93%	21.45%	18.47%	16.54%	14.57%
D&A For EBITDA	170.93	172.61	174.86	169.64	154.74	126.12
EBIT	396.87	483.93	974.11	801.27	615.07	460.57
EBIT Margin	10.38%	11.74%	18.18%	15.24%	13.22%	11.44%
Effective Tax Rate	25.22%	24.43%	25.67%	25.22%	24.32%	24.21%
Revenue as Reported	791.38	4,121	5,358	5,257	4,653	4,027
Advertising Expenses	-	-	-	339.19	726.55	576.38