SHA:600582 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	28,028	28,816	30,142	29,575	26,972	23,260
Other Revenue	426.01	426.01	384.64	352.71	443.82	310.93
Revenue	28,454	29,242	30,527	29,928	27,416	23,571
Revenue Growth (YoY)	-4.93%	-4.21%	2.00%	9.16%	16.31%	14.69%
Cost of Revenue	21,039	21,787	21,236	20,851	19,264	16,637
Gross Profit	7,415	7,456	9,291	9,077	8,152	6,933
Selling, General & Admin	3,674	3,708	3,634	3,552	3,146	2,852
Research & Development	2,179	2,277	2,188	2,073	1,763	1,488
Other Operating Expenses	101.1	123.76	88.4	126.88	208.07	175.34
Operating Expenses	5,937	6,092	5,898	5,772	5,310	4,794
Operating Income	1,479	1,364	3,392	3,304	2,843	2,139
Interest Expense	-23.61	-23.61	-22.32	-22.55	-21.53	-21.35
Interest & Investment Income	616.68	3,133	448.27	354.26	272.67	239.7
Currency Exchange Gain (Loss)	-3.1	-3.1	-0.04	2.56	-	0.56
Other Non Operating Income (Expenses)	54.81	-10.75	-41.44	-48.48	2.17	-62.65
EBT Excluding Unusual Items	2,123	4,460	3,777	3,590	3,096	2,296
Gain (Loss) on Sale of Investments	-0.74	-1.61	-1.29	-3.75	-7.3	0.9
Gain (Loss) on Sale of Assets	4.91	4.8	0.54	-16.82	7.96	-52.75
Asset Writedown	0.5	3.63	-42.08	-6.8	-210.39	-83.51
Legal Settlements	-	-	-	-	-2.01	-12.85
Other Unusual Items	211.62	211.62	268.12	232.22	179.12	183.61
Pretax Income	2,340	4,678	4,002	3,795	3,064	2,332
Income Tax Expense	355.12	889.69	555.88	616.72	530.18	363.08
Earnings From Continuing Operations	1,985	3,788	3,446	3,178	2,533	1,969
Minority Interest in Earnings	-541.22	-1,341	-824.41	-820.05	-581.29	-348.83
Net Income	1,443	2,447	2,622	2,358	1,952	1,620
Net Income to Common	1,443	2,447	2,622	2,358	1,952	1,620
Net Income Growth	-57.12%	-6.67%	11.17%	20.81%	20.51%	18.73%
Shares Outstanding (Basic)	4,136	4,140	4,142	4,137	4,136	4,143
Shares Outstanding (Diluted)	4,136	4,140	4,142	4,137	4,136	4,143
Shares Change (YoY)	-0.10%	-0.03%	0.10%	0.04%	-0.17%	0.21%
EPS (Basic)	0.35	0.59	0.63	0.57	0.47	0.39
EPS (Diluted)	0.35	0.59	0.63	0.57	0.47	0.39
EPS Growth	-57.07%	-6.64%	11.05%	20.76%	20.72%	18.48%
Free Cash Flow	-494.24	-1,037	4,410	5,244	4,095	3,863
Free Cash Flow Per Share	-0.12	-0.25	1.06	1.27	0.99	0.93
Dividend Per Share	0.300	0.300	0.317	0.280	0.200	0.180
Dividend Growth	-5.36%	-5.36%	13.21%	40.00%	11.11%	20.00%
Gross Margin	26.06%	25.50%	30.44%	30.33%	29.73%	29.42%
Operating Margin	5.20%	4.66%	11.11%	11.04%	10.37%	9.08%
Profit Margin	5.07%	8.37%	8.59%	7.88%	7.12%	6.87%
Free Cash Flow Margin	-1.74%	-3.55%	14.45%	17.52%	14.94%	16.39%
EBITDA	2,127	2,032	4,138	4,021	3,525	2,861
EBITDA Margin	7.47%	6.95%	13.55%	13.43%	12.86%	12.14%
D&A For EBITDA	648.27	667.69	745.38	716.07	682.13	721.28
EBIT	1,479	1,364	3,392	3,304	2,843	2,139
EBIT Margin	5.20%	4.66%	11.11%	11.04%	10.37%	9.08%
Effective Tax Rate	15.18%	19.02%	13.89%	16.25%	17.31%	15.57%
Revenue as Reported	29,242	29,242	30,527	29,928	27,416	23,571
Advertising Expenses	-	70.08	82.58	72.05	32.83	24.99

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