SHA:600566 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	5,901	6,219	7,997	9,638	8,976	7,618
Other Revenue	-	-	20.38	16.51	19.87	13
Revenue	5,901	6,219	8,017	9,655	8,996	7,631
Revenue Growth (YoY)	-17.35%	-22.43%	-16.96%	7.32%	17.90%	23.77%
Cost of Revenue	1,178	1,309	1,666	1,784	1,537	1,277
Gross Profit	4,723	4,910	6,350	7,871	7,459	6,354
Selling, General & Admin	2,431	2,559	3,387	4,379	4,477	4,031
Research & Development	390.98	385.1	444.78	464.4	553.3	523.44
Other Operating Expenses	78.8	88.75	115.38	146.24	138.81	120.9
Operating Expenses	2,900	3,033	3,925	4,987	5,205	4,683
Operating Income	1,823	1,877	2,426	2,884	2,254	1,671
Interest Expense	-	-	-27.27	-17.58	-30.41	-34.9
Interest & Investment Income	186.93	189.89	352.77	357.81	183.21	171.42
Other Non Operating Income (Expenses)	63.63	54.13	-1.03	-0.83	-1.2	-0.41
EBT Excluding Unusual Items	2,073	2,121	2,750	3,223	2,405	1,807
Gain (Loss) on Sale of Investments	48.64	41.31	99.2	14.6	-7.32	114.55
Gain (Loss) on Sale of Assets	0.17	0.17	0.2	0.13	5.22	0.65
Asset Writedown	-0.48	-0.47	-0.28	-1.09	-0.53	-0.42
Other Unusual Items	-	-	128.98	60.42	105.09	28.96
Pretax Income	2,122	2,162	2,978	3,297	2,508	1,950
Income Tax Expense	385.72	383.99	441.54	470.03	336.2	233.22
Earnings From Continuing Operations	1,736	1,778	2,537	2,827	2,172	1,717
Minority Interest in Earnings	1.62	-0.41	-5.15	-4.28	-0.97	1.96
Net Income	1,738	1,778	2,532	2,823	2,171	1,719
Net Income to Common	1,738	1,778	2,532	2,823	2,171	1,719
Net Income Growth	-18.29%	-29.77%	-10.32%	30.04%	26.27%	34.60%
Shares Outstanding (Basic)	919	921	917	916	890	886
Shares Outstanding (Diluted)	919	921	917	916	908	900
Shares Change (YoY)	0.25%	0.43%	0.08%	0.91%	0.91%	7.82%
EPS (Basic)	1.89	1.93	2.76	3.08	2.44	1.94
EPS (Diluted)	1.89	1.93	2.76	3.08	2.39	1.91
EPS Growth	-18.50%	-30.07%	-10.39%	28.87%	25.13%	24.84%
Free Cash Flow	1,021	1,102	2,002	3,162	2,377	1,646
Free Cash Flow Per Share	1.11	1.20	2.18	3.45	2.62	1.83
Dividend Per Share	-	-	2.090	1.300	0.880	0.680
Dividend Growth	-	-	60.77%	47.73%	29.41%	51.11%
Gross Margin	80.04%	78.95%	79.21%	81.52%	82.91%	83.27%
Operating Margin	30.89%	30.19%	30.26%	29.87%	25.05%	21.89%
Profit Margin	29.45%	28.59%	31.58%	29.24%	24.13%	22.53%
Free Cash Flow Margin	17.30%	17.73%	24.97%	32.76%	26.42%	21.57%
EBITDA	2,134	2,187	2,727	3,185	2,561	1,964
EBITDA Margin	36.17%	35.16%	34.01%	32.99%	28.47%	25.74%
D&A For EBITDA	311.39	309.33	301.08	301.2	307.14	293.13
EBIT	1,823	1,877	2,426	2,884	2,254	1,671
EBIT Margin	30.89%	30.19%	30.26%	29.87%	25.05%	21.89%
Effective Tax Rate	18.18%	17.76%	14.83%	14.26%	13.41%	11.96%
Revenue as Reported	-	-	8,017	9,655	8,996	7,631

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.