SHA:600592 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	Jun '26 Jun 30, 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	1,187	1,322	1,750	1,885	1,690	1,403
Other Revenue	18.82	24.32	28.89	19.52	29.9	31.89
Revenue	1,206	1,346	1,779	1,904	1,719	1,435
Revenue Growth	-25.05%	-24.31%	-6.58%	10.74%	19.81%	23.86%
Cost of Revenue	833.28	1,007	1,437	1,541	1,375	1,055
Gross Profit	372.62	339.63	341.46	363.26	344.19	379.99
Selling, General & Admin	129.61	127.48	117.39	106.69	109.65	107.74
Research & Development	99.93	104.18	128.11	127.35	123.02	108.74
Other Operating Expenses	20.58	11.15	10.33	11.29	13.49	15.86
Operating Expenses	251.11	244.85	259.56	249.84	251.32	231.61
Operating Income	121.51	94.78	81.9	113.42	92.87	148.38
Interest Expense	-2.15	-2.96	-4.55	-8.78	-15.67	-9.43
Interest & Investment Income	37.83	40.72	44.28	28.3	30.09	21.89
Currency Exchange Gain (Loss)	-0.86	1.53	1.17	2.75	3.6	-1.55
Other Non Operating Income (Expenses)	-1.05	-1.38	1.61	-1.69	3.11	-5.33
EBT Excluding Unusual Items	155.28	132.7	124.41	134	114.01	153.97
Impairment of Goodwill	-	-	-	-	-	-79.55
Gain (Loss) on Sale of Investments	-2.59	44.36	20.76	8.47	-163.79	50.45
Gain (Loss) on Sale of Assets	0.55	0.73	1.76	25.79	1.53	188.01
Asset Writedown	-	-	-13.66	-13.8	-12.43	-9
Other Unusual Items	33.19	25.55	24.06	23.3	21.68	27.89
Pretax Income	186.43	203.35	157.33	177.75	-38.99	331.77
Income Tax Expense	27.17	32.39	14.48	16.63	-20.15	48.67
Earnings From Continuing Operations	159.26	170.96	142.85	161.12	-18.84	283.1
Minority Interest in Earnings	-2.33	-2.39	-17.54	7.19	12.85	15.06
Net Income	156.93	168.56	125.31	168.31	-5.99	298.16
Net Income to Common	156.93	168.56	125.31	168.31	-5.99	298.16
Net Income Growth	24.84%	34.52%	-25.55%	-	-	99.28%
Shares Outstanding (Basic)	403	401	404	401	399	398
Shares Outstanding (Diluted)	403	401	404	401	399	398
Shares Change	-0.87%	-0.71%	0.87%	0.35%	0.45%	-1.69%
EPS (Basic)	0.39	0.42	0.31	0.42	-0.01	0.75
EPS (Diluted)	0.39	0.42	0.31	0.42	-0.01	0.75
EPS Growth	25.93%	35.48%	-26.19%	-	-	102.70%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	138.3	60.62	287.5	-82.57	9.12	24.93
Free Cash Flow Per Share	0.34	0.15	0.71	-0.21	0.02	0.06
Dividend Per Share	0.085	0.130	0.100	0.127	-	0.122
Dividend Growth	0%	30.00%	-21.26%	-	-	7.96%
Gross Margin	30.90%	25.23%	19.20%	19.08%	20.02%	26.48%
Operating Margin	10.08%	7.04%	4.60%	5.96%	5.40%	10.34%
Profit Margin	13.01%	12.52%	7.04%	8.84%	-0.35%	20.77%
Free Cash Flow Margin	11.47%	4.50%	16.16%	-4.34%	0.53%	1.74%
EBITDA	190.91	166.75	150.98	183.83	162.9	221.42
EBITDA Margin	15.83%	12.39%	8.49%	9.65%	9.47%	15.43%
D&A For EBITDA	69.4	71.96	69.08	70.4	70.03	73.04
EBIT	121.51	94.78	81.9	113.42	92.87	148.38
EBIT Margin	10.08%	7.04%	4.60%	5.96%	5.40%	10.34%
Effective Tax Rate	14.58%	15.93%	9.20%	9.35%	-	14.67%
Revenue as Reported	1,206	1,346	1,779	1,904	1,719	1,435