SHA:600572 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	6,694	6,473	6,426	6,652	5,945	6,531
Other Revenue	-	-	89.02	80.59	54.95	37.67
Revenue	6,694	6,473	6,515	6,733	6,000	6,568
Revenue Growth (YoY)	4.99%	-0.64%	-3.23%	12.21%	-8.64%	11.15%
Cost of Revenue	3,085	3,023	3,101	2,835	2,470	2,626
Gross Profit	3,609	3,451	3,414	3,897	3,531	3,942
Selling, General & Admin	2,645	2,564	2,480	2,832	2,581	2,964
Research & Development	259.39	262.22	300.02	298.09	195.72	202.49
Other Operating Expenses	7.81	0.02	52.8	-38.49	62.99	64.65
Operating Expenses	2,910	2,827	2,834	3,093	2,840	3,268
Operating Income	698.2	624.18	579.93	804.32	690.41	674.18
Interest Expense	-	-	-20.79	-36.4	-49.47	-73.22
Interest & Investment Income	79.24	78.01	101.92	135.27	89.35	2,611
Currency Exchange Gain (Loss)	-	-	5.22	3.09	-1.11	0.06
Other Non Operating Income (Expenses)	-33.16	-32.29	-1.06	-21.98	-3.76	-9.31
EBT Excluding Unusual Items	737.74	669.9	665.22	884.3	725.42	3,203
Gain (Loss) on Sale of Investments	25.29	64.02	30.27	-146.04	-238.23	-714.69
Gain (Loss) on Sale of Assets	4.96	4.98	20.55	35.68	36.02	42.22
Asset Writedown	-98.73	-93.74	-5.46	-7.18	-1.84	-95.71
Other Unusual Items	-	-	69.36	0.93	68.64	92.55
Pretax Income	669.27	645.17	779.94	767.69	590.01	2,527
Income Tax Expense	167.71	153.62	121.59	92.97	129.89	391.13
Earnings From Continuing Operations	501.56	491.55	658.35	674.72	460.12	2,136
Minority Interest in Earnings	-18.14	-17.19	-35.94	-83.15	-102	-118.31
Net Income	483.42	474.36	622.42	591.57	358.12	2,017
Net Income to Common	483.42	474.36	622.42	591.57	358.12	2,017
Net Income Growth	-18.86%	-23.79%	5.21%	65.19%	-82.25%	345.06%
Shares Outstanding (Basic)	2,501	2,497	2,527	2,572	2,558	2,586
Shares Outstanding (Diluted)	2,501	2,497	2,531	2,572	2,558	2,586
Shares Change (YoY)	-3.29%	-1.37%	-1.59%	0.55%	-1.10%	2.71%
EPS (Basic)	0.19	0.19	0.25	0.23	0.14	0.78
EPS (Diluted)	0.19	0.19	0.25	0.23	0.14	0.78
EPS Growth	-16.10%	-22.86%	7.09%	64.29%	-82.05%	333.33%
Free Cash Flow	878.62	795.35	721.9	689.5	863.73	309.8
Free Cash Flow Per Share	0.35	0.32	0.28	0.27	0.34	0.12
Dividend Per Share	-	-	0.150	0.200	0.150	0.160
Dividend Growth	-	-	-25.00%	33.33%	-6.25%	-
Gross Margin	53.91%	53.31%	52.41%	57.88%	58.84%	60.02%
Operating Margin	10.43%	9.64%	8.90%	11.95%	11.51%	10.26%
Profit Margin	7.22%	7.33%	9.55%	8.79%	5.97%	30.72%
Free Cash Flow Margin	13.13%	12.29%	11.08%	10.24%	14.39%	4.72%
EBITDA	1,040	964.42	913.75	1,129	963.34	956.65
EBITDA Margin	15.54%	14.90%	14.03%	16.76%	16.05%	14.56%
D&A For EBITDA	341.84	340.23	333.82	324.35	272.93	282.47
EBIT	698.2	624.18	579.93	804.32	690.41	674.18
EBIT Margin	10.43%	9.64%	8.90%	11.95%	11.51%	10.26%
Effective Tax Rate	25.06%	23.81%	15.59%	12.11%	22.02%	15.48%
Revenue as Reported	220.69	-	6,515	6,733	6,000	6,568

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