SHA:600592 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	1,443	1,748	1,885	1,690	1,403	1,118
Other Revenue	28.89	28.89	19.52	29.9	31.89	40.75
Revenue	1,472	1,777	1,904	1,719	1,435	1,159
Revenue Growth (YoY)	-21.03%	-6.68%	10.74%	19.81%	23.86%	22.48%
Cost of Revenue	1,172	1,436	1,541	1,375	1,055	899.59
Gross Profit	299.9	341.46	363.26	344.19	379.99	259.12
Selling, General & Admin	127.46	117.39	106.69	109.65	107.74	95.61
Research & Development	118.83	128.11	127.35	123.02	108.74	107.99
Other Operating Expenses	8.46	10.33	11.29	13.49	15.86	13.95
Operating Expenses	255.86	259.56	249.84	251.32	231.61	220.65
Operating Income	44.04	81.9	113.42	92.87	148.38	38.47
Interest Expense	-2.87	-4.55	-8.78	-15.67	-9.43	-9.92
Interest & Investment Income	44.7	44.28	28.3	30.09	21.89	22.87
Currency Exchange Gain (Loss)	1.17	1.17	2.75	3.6	-1.55	-0.97
Other Non Operating Income (Expenses)	0.06	1.61	-1.69	3.11	-5.33	0.03
EBT Excluding Unusual Items	87.09	124.41	134	114.01	153.97	50.47
Impairment of Goodwill	-	-	-	-	-79.55	-
Gain (Loss) on Sale of Investments	-17.41	20.76	8.47	-163.79	50.45	73.94
Gain (Loss) on Sale of Assets	1.08	1.76	25.79	1.53	188.01	2.29
Asset Writedown	23.43	-13.66	-13.8	-12.43	-9	-
Other Unusual Items	24.06	24.06	23.3	21.68	27.89	37.78
Pretax Income	118.24	157.33	177.75	-38.99	331.77	164.49
Income Tax Expense	18.91	14.48	16.63	-20.15	48.67	25.13
Earnings From Continuing Operations	99.33	142.85	161.12	-18.84	283.1	139.36
Minority Interest in Earnings	-22.67	-17.54	7.19	12.85	15.06	10.26
Net Income	76.66	125.31	168.31	-5.99	298.16	149.62
Net Income to Common	76.66	125.31	168.31	-5.99	298.16	149.62
Net Income Growth	-54.33%	-25.55%	-	-	99.28%	2.23%
Shares Outstanding (Basic)	404	404	401	399	398	404
Shares Outstanding (Diluted)	404	404	401	399	398	404
Shares Change (YoY)	0.88%	0.87%	0.35%	0.45%	-1.69%	2.23%
EPS (Basic)	0.19	0.31	0.42	-0.01	0.75	0.37
EPS (Diluted)	0.19	0.31	0.42	-0.01	0.75	0.37
EPS Growth	-54.73%	-26.19%	-	-	102.70%	-
Free Cash Flow	319.4	287.5	-82.57	9.12	24.93	-64.37
Free Cash Flow Per Share	0.79	0.71	-0.21	0.02	0.06	-0.16
Dividend Per Share	0.085	0.100	0.127	-	0.122	0.113
Dividend Growth	-54.55%	-21.26%	-	-	7.96%	2.73%
Gross Margin	20.37%	19.21%	19.08%	20.02%	26.48%	22.36%
Operating Margin	2.99%	4.61%	5.96%	5.40%	10.34%	3.32%
Profit Margin	5.21%	7.05%	8.84%	-0.35%	20.77%	12.91%
Free Cash Flow Margin	21.70%	16.18%	-4.34%	0.53%	1.74%	-5.56%
EBITDA	111.61	150.69	183.83	162.9	221.42	111.54
EBITDA Margin	7.58%	8.48%	9.65%	9.47%	15.43%	9.63%
D&A For EBITDA	67.57	68.78	70.4	70.03	73.04	73.07
EBIT	44.04	81.9	113.42	92.87	148.38	38.47
EBIT Margin	2.99%	4.61%	5.96%	5.40%	10.34%	3.32%
Effective Tax Rate	15.99%	9.20%	9.35%	-	14.67%	15.28%
Revenue as Reported	1,472	1,777	1,904	1,719	1,435	1,159

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