SHA:600572 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	6,489	6,426	6,652	5,945	6,531	5,863
Other Revenue	89.02	89.02	80.59	54.95	37.67	46.16
Revenue	6,578	6,515	6,733	6,000	6,568	5,909
Revenue Growth (YoY)	1.80%	-3.23%	12.21%	-8.64%	11.15%	-12.70%
Cost of Revenue	3,127	3,101	2,835	2,470	2,626	2,088
Gross Profit	3,450	3,414	3,897	3,531	3,942	3,821
Selling, General & Admin	2,531	2,480	2,832	2,581	2,964	2,967
Research & Development	275.53	300.02	298.09	195.72	202.49	184.99
Other Operating Expenses	129.96	52.8	-38.49	62.99	64.65	75.31
Operating Expenses	2,936	2,834	3,093	2,840	3,268	3,239
Operating Income	513.97	579.93	804.32	690.41	674.18	581.56
Interest Expense	-7.39	-20.79	-36.4	-49.47	-73.22	-123.65
Interest & Investment Income	82.53	101.92	135.27	89.35	2,611	302.83
Currency Exchange Gain (Loss)	5.22	5.22	3.09	-1.11	0.06	-6.16
Other Non Operating Income (Expenses)	-3.77	-1.06	-21.98	-3.76	-9.31	-1.09
EBT Excluding Unusual Items	590.56	665.22	884.3	725.42	3,203	753.5
Impairment of Goodwill	-	-	-	-	-	-52.99
Gain (Loss) on Sale of Investments	121.39	30.27	-146.04	-238.23	-714.69	34.63
Gain (Loss) on Sale of Assets	5.49	20.55	35.68	36.02	42.22	-4.86
Asset Writedown	-5.85	-5.46	-7.18	-1.84	-95.71	-48.15
Other Unusual Items	117.4	69.36	0.93	68.64	92.55	83.52
Pretax Income	828.98	779.94	767.69	590.01	2,527	765.65
Income Tax Expense	120.63	121.59	92.97	129.89	391.13	216.45
Earnings From Continuing Operations	708.35	658.35	674.72	460.12	2,136	549.2
Minority Interest in Earnings	-20.36	-35.94	-83.15	-102	-118.31	-95.9
Net Income	687.99	622.42	591.57	358.12	2,017	453.3
Net Income to Common	687.99	622.42	591.57	358.12	2,017	453.3
Net Income Growth	41.33%	5.21%	65.19%	-82.25%	345.06%	-
Shares Outstanding (Basic)	2,518	2,527	2,572	2,558	2,586	2,518
Shares Outstanding (Diluted)	2,521	2,531	2,572	2,558	2,586	2,518
Shares Change (YoY)	-0.94%	-1.59%	0.55%	-1.10%	2.71%	-5.28%
EPS (Basic)	0.27	0.25	0.23	0.14	0.78	0.18
EPS (Diluted)	0.27	0.25	0.23	0.14	0.78	0.18
EPS Growth	42.85%	7.09%	64.29%	-82.05%	333.33%	-
Free Cash Flow	861.44	721.9	689.5	863.73	309.8	789.3
Free Cash Flow Per Share	0.34	0.28	0.27	0.34	0.12	0.31
Dividend Per Share	0.150	0.150	0.200	0.150	0.160	-
Dividend Growth	-25.00%	-25.00%	33.33%	-6.25%	-	-
Gross Margin	52.46%	52.41%	57.88%	58.84%	60.02%	64.66%
Operating Margin	7.81%	8.90%	11.95%	11.51%	10.26%	9.84%
Profit Margin	10.46%	9.55%	8.79%	5.97%	30.72%	7.67%
Free Cash Flow Margin	13.10%	11.08%	10.24%	14.39%	4.72%	13.36%
EBITDA	854.89	913.75	1,129	963.34	956.65	847.64
EBITDA Margin	13.00%	14.03%	16.76%	16.05%	14.56%	14.34%
D&A For EBITDA	340.92	333.82	324.35	272.93	282.47	266.07
EBIT	513.97	579.93	804.32	690.41	674.18	581.56
EBIT Margin	7.81%	8.90%	11.95%	11.51%	10.26%	9.84%
Effective Tax Rate	14.55%	15.59%	12.11%	22.02%	15.48%	28.27%
Revenue as Reported	6,578	6,515	6,733	6,000	6,568	5,909

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