SHA:600633 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	3,079	3,096	3,066	5,186	3,061	3,530
Other Revenue	1.02	1.02	12.38	-	3.28	8.36
Revenue	3,080	3,097	3,078	5,186	3,064	3,539
Revenue Growth (YoY)	4.07%	0.61%	-40.65%	69.27%	-13.42%	24.52%
Cost of Revenue	1,397	1,297	976.79	2,002	843.86	1,079
Gross Profit	1,683	1,800	2,101	3,184	2,220	2,460
Selling, General & Admin	753.92	866.87	890.38	1,789	955.6	1,027
Research & Development	350.14	330.53	443.1	512.38	482.75	512.6
Other Operating Expenses	-7.64	14.46	4.38	21.56	14.78	21.64
Operating Expenses	1,110	1,216	1,357	2,330	1,457	1,569
Operating Income	572.25	583.14	744.7	853.77	762.92	891.37
Interest Expense	-93.36	-11.05	-24.97	-24.57	-30.43	-40.5
Interest & Investment Income	-	72.12	249.88	87.99	89.31	90.02
Currency Exchange Gain (Loss)	3.58	3.58	1.89	7.29	-1.73	-5.33
Other Non Operating Income (Expenses)	1.61	-1.41	-0.44	-0.5	-5.86	-5.91
EBT Excluding Unusual Items	484.08	646.37	971.06	923.98	814.21	929.64
Impairment of Goodwill	-91.53	-91.53	-51.09	-	-39.86	-
Gain (Loss) on Sale of Investments	184.27	-19.31	-96.24	-300.67	-104.13	-150.17
Gain (Loss) on Sale of Assets	1.16	1.24	3.7	-6.69	23.39	0.03
Asset Writedown	-0.1	-0.1	-21.9	-0.22	-0.29	-0.46
Other Unusual Items	40.59	41.25	33.38	60.61	35.29	43.15
Pretax Income	618.47	577.92	838.9	677.02	728.6	822.19
Income Tax Expense	15.43	36.29	148.08	119.16	97.3	112.98
Earnings From Continuing Operations	603.04	541.63	690.82	557.86	631.3	709.21
Net Income to Company	603.04	541.63	690.82	557.86	631.3	709.21
Minority Interest in Earnings	-31.45	-30.1	-27.88	-66.46	-114.67	-197.62
Net Income	571.6	511.53	662.94	491.4	516.63	511.59
Net Income to Common	571.6	511.53	662.94	491.4	516.63	511.59
Net Income Growth	28.20%	-22.84%	34.91%	-4.88%	0.98%	2.28%
Shares Outstanding (Basic)	1,297	1,279	1,275	1,260	1,260	1,279
Shares Outstanding (Diluted)	1,297	1,279	1,275	1,260	1,260	1,279
Shares Change (YoY)	2.24%	0.31%	1.18%	-0.01%	-1.48%	2.28%
EPS (Basic)	0.44	0.40	0.52	0.39	0.41	0.40
EPS (Diluted)	0.44	0.40	0.52	0.39	0.41	0.40
EPS Growth	25.39%	-23.08%	33.33%	-4.88%	2.50%	-
Free Cash Flow	502.19	40.33	513.93	665.9	443.85	738.15
Free Cash Flow Per Share	0.39	0.03	0.40	0.53	0.35	0.58
Dividend Per Share	0.240	0.250	0.130	0.080	0.080	0.080
Dividend Growth	9.09%	92.31%	62.50%	-	-	-
Gross Margin	54.63%	58.11%	68.27%	61.39%	72.46%	69.52%
Operating Margin	18.58%	18.83%	24.19%	16.46%	24.90%	25.19%
Profit Margin	18.56%	16.52%	21.54%	9.47%	16.86%	14.46%
Free Cash Flow Margin	16.31%	1.30%	16.70%	12.84%	14.49%	20.86%
EBITDA	816.15	827.69	990.14	1,082	953.28	1,069
EBITDA Margin	26.50%	26.73%	32.17%	20.86%	31.11%	30.20%
D&A For EBITDA	243.89	244.55	245.43	228.29	190.36	177.48
EBIT	572.25	583.14	744.7	853.77	762.92	891.37
EBIT Margin	18.58%	18.83%	24.19%	16.46%	24.90%	25.19%
Effective Tax Rate	2.50%	6.28%	17.65%	17.60%	13.36%	13.74%
Revenue as Reported	3,080	3,097	3,078	5,186	3,064	3,539
Advertising Expenses	-	272.7	238.9	1,201	331.75	387.02

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