SHA:600582 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	28,626	30,142	29,575	26,972	23,260	20,293
Other Revenue	384.64	384.64	352.71	443.82	310.93	259.75
Revenue	29,010	30,527	29,928	27,416	23,571	20,552
Revenue Growth (YoY)	-3.33%	2.00%	9.16%	16.31%	14.69%	6.03%
Cost of Revenue	21,272	21,236	20,851	19,264	16,637	14,853
Gross Profit	7,738	9,291	9,077	8,152	6,933	5,700
Selling, General & Admin	3,602	3,615	3,527	3,146	2,852	2,632
Research & Development	2,292	2,188	2,073	1,763	1,488	1,184
Other Operating Expenses	67.22	88.4	126.88	208.07	175.34	54.37
Operating Expenses	5,883	5,879	5,747	5,310	4,794	3,940
Operating Income	1,855	3,412	3,329	2,843	2,139	1,760
Interest Expense	-28.82	-22.32	-22.55	-21.53	-21.35	-37.76
Interest & Investment Income	3,120	448.27	354.26	272.67	239.7	190.84
Currency Exchange Gain (Loss)	-0.04	-0.04	2.56	-	0.56	-4
Other Non Operating Income (Expenses)	-97.33	-60.82	-73.15	2.17	-62.65	-31.37
EBT Excluding Unusual Items	4,849	3,777	3,590	3,096	2,296	1,878
Gain (Loss) on Sale of Investments	-1.29	-1.29	-3.75	-7.3	0.9	-0.55
Gain (Loss) on Sale of Assets	1.08	-3.87	-16.82	7.96	-52.75	13.62
Asset Writedown	-27.98	-37.68	-6.8	-210.39	-83.51	-49.48
Legal Settlements	-	-	-	-2.01	-12.85	-44.06
Other Unusual Items	268.12	268.12	232.22	179.12	183.61	108.86
Pretax Income	5,089	4,002	3,795	3,064	2,332	1,906
Income Tax Expense	939.52	555.88	616.72	530.18	363.08	249.48
Earnings From Continuing Operations	4,150	3,446	3,178	2,533	1,969	1,657
Minority Interest in Earnings	-1,364	-824.41	-820.05	-581.29	-348.83	-292.49
Net Income	2,786	2,622	2,358	1,952	1,620	1,364
Net Income to Common	2,786	2,622	2,358	1,952	1,620	1,364
Net Income Growth	8.73%	11.17%	20.81%	20.51%	18.73%	23.20%
Shares Outstanding (Basic)	4,146	4,142	4,137	4,136	4,143	4,134
Shares Outstanding (Diluted)	4,146	4,142	4,137	4,136	4,143	4,134
Shares Change (YoY)	0.31%	0.10%	0.04%	-0.17%	0.21%	0.06%
EPS (Basic)	0.67	0.63	0.57	0.47	0.39	0.33
EPS (Diluted)	0.67	0.63	0.57	0.47	0.39	0.33
EPS Growth	8.40%	11.05%	20.76%	20.72%	18.48%	23.13%
Free Cash Flow	2,565	4,410	5,244	4,095	3,863	2,193
Free Cash Flow Per Share	0.62	1.06	1.27	0.99	0.93	0.53
Dividend Per Share	0.317	0.317	0.280	0.200	0.180	0.150
Dividend Growth	13.21%	13.21%	40.00%	11.11%	20.00%	50.00%
Gross Margin	26.67%	30.44%	30.33%	29.73%	29.42%	27.73%
Operating Margin	6.40%	11.18%	11.12%	10.37%	9.08%	8.57%
Profit Margin	9.60%	8.59%	7.88%	7.12%	6.87%	6.64%
Free Cash Flow Margin	8.84%	14.45%	17.52%	14.94%	16.39%	10.67%
EBITDA	2,590	4,138	4,045	3,525	2,861	2,255
EBITDA Margin	8.93%	13.56%	13.52%	12.86%	12.14%	10.97%
D&A For EBITDA	734.96	726.86	716.07	682.13	721.28	494.89
EBIT	1,855	3,412	3,329	2,843	2,139	1,760
EBIT Margin	6.40%	11.18%	11.12%	10.37%	9.08%	8.57%
Effective Tax Rate	18.46%	13.89%	16.25%	17.31%	15.57%	13.09%
Revenue as Reported	29,010	30,527	29,928	27,416	23,571	20,552
Advertising Expenses	-	82.58	72.05	32.83	24.99	16.59

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