SHA:600566 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	6,123	7,997	9,638	8,976	7,618	6,151
Other Revenue	20.38	20.38	16.51	19.87	13	14.25
Revenue	6,144	8,017	9,655	8,996	7,631	6,165
Revenue Growth (YoY)	-31.15%	-16.96%	7.32%	17.90%	23.77%	-11.17%
Cost of Revenue	1,395	1,666	1,784	1,537	1,277	1,130
Gross Profit	4,749	6,350	7,871	7,459	6,354	5,035
Selling, General & Admin	2,558	3,387	4,379	4,477	4,031	3,300
Research & Development	419.77	444.78	464.4	553.3	523.44	243.75
Other Operating Expenses	108.31	115.38	146.24	138.81	120.9	99.9
Operating Expenses	3,093	3,925	4,987	5,205	4,683	3,650
Operating Income	1,656	2,426	2,884	2,254	1,671	1,385
Interest Expense	-13.94	-27.27	-17.58	-30.41	-34.9	-33.03
Interest & Investment Income	314.46	352.77	357.81	183.21	171.42	83.03
Other Non Operating Income (Expenses)	-109.43	-1.03	-0.83	-1.2	-0.41	-0.58
EBT Excluding Unusual Items	1,847	2,750	3,223	2,405	1,807	1,435
Gain (Loss) on Sale of Investments	30.21	99.2	14.6	-7.32	114.55	20.94
Gain (Loss) on Sale of Assets	0.09	0.2	0.13	5.22	0.65	3.35
Asset Writedown	-1.42	-0.28	-1.09	-0.53	-0.42	-0.77
Other Unusual Items	128.98	128.98	60.42	105.09	28.96	25.37
Pretax Income	2,005	2,978	3,297	2,508	1,950	1,484
Income Tax Expense	351.68	441.54	470.03	336.2	233.22	206.29
Earnings From Continuing Operations	1,653	2,537	2,827	2,172	1,717	1,277
Minority Interest in Earnings	-2.29	-5.15	-4.28	-0.97	1.96	-
Net Income	1,651	2,532	2,823	2,171	1,719	1,277
Net Income to Common	1,651	2,532	2,823	2,171	1,719	1,277
Net Income Growth	-40.64%	-10.32%	30.04%	26.27%	34.60%	-21.30%
Shares Outstanding (Basic)	919	917	916	890	886	835
Shares Outstanding (Diluted)	919	917	916	908	900	835
Shares Change (YoY)	-0.05%	0.08%	0.91%	0.91%	7.82%	2.36%
EPS (Basic)	1.80	2.76	3.08	2.44	1.94	1.53
EPS (Diluted)	1.80	2.76	3.08	2.39	1.91	1.53
EPS Growth	-40.61%	-10.39%	28.87%	25.13%	24.84%	-23.12%
Free Cash Flow	1,038	2,002	3,162	2,377	1,646	1,352
Free Cash Flow Per Share	1.13	2.18	3.45	2.62	1.83	1.62
Dividend Per Share	2.090	2.090	1.300	0.880	0.680	0.450
Dividend Growth	60.77%	60.77%	47.73%	29.41%	51.11%	-63.41%
Gross Margin	77.30%	79.21%	81.52%	82.91%	83.27%	81.67%
Operating Margin	26.96%	30.26%	29.87%	25.05%	21.89%	22.47%
Profit Margin	26.88%	31.58%	29.24%	24.13%	22.53%	20.72%
Free Cash Flow Margin	16.90%	24.97%	32.76%	26.42%	21.57%	21.93%
EBITDA	1,957	2,727	3,185	2,561	1,964	1,666
EBITDA Margin	31.86%	34.01%	32.99%	28.47%	25.74%	27.03%
D&A For EBITDA	301	301.08	301.2	307.14	293.13	280.95
EBIT	1,656	2,426	2,884	2,254	1,671	1,385
EBIT Margin	26.96%	30.26%	29.87%	25.05%	21.89%	22.47%
Effective Tax Rate	17.54%	14.83%	14.26%	13.41%	11.96%	13.91%
Revenue as Reported	6,144	8,017	9,655	8,996	7,631	6,165

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.