SHA:600633 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	3,239	3,072	3,096	3,066	5,186	3,061
Other Revenue	9.67	9.67	1.02	12.38	-	3.28
Revenue	3,249	3,081	3,097	3,078	5,186	3,064
Revenue Growth (YoY)	3.96%	-0.50%	0.61%	-40.65%	69.27%	-13.42%
Cost of Revenue	1,800	1,562	1,297	976.79	2,002	843.86
Gross Profit	1,449	1,520	1,800	2,101	3,184	2,220
Selling, General & Admin	620.71	646.92	866.87	890.38	1,789	955.6
Research & Development	305.97	327.21	330.53	443.1	512.38	482.75
Other Operating Expenses	-5.61	16.98	14.46	4.38	21.56	14.78
Operating Expenses	936.8	1,003	1,216	1,357	2,330	1,457
Operating Income	511.94	516.19	583.14	744.7	853.77	762.92
Interest Expense	-15.18	-12.14	-11.05	-24.97	-24.57	-30.43
Interest & Investment Income	69.6	24.33	72.12	249.88	87.99	89.31
Currency Exchange Gain (Loss)	-2.07	-2.07	3.58	1.89	7.29	-1.73
Other Non Operating Income (Expenses)	-2.14	-1.38	-1.41	-0.44	-0.5	-5.86
EBT Excluding Unusual Items	562.15	524.93	646.37	971.06	923.98	814.21
Impairment of Goodwill	-15.56	-15.56	-91.53	-51.09	-	-39.86
Gain (Loss) on Sale of Investments	-5.24	39.16	-19.31	-96.24	-300.67	-104.13
Gain (Loss) on Sale of Assets	2.62	1.35	1.24	3.7	-6.69	23.39
Asset Writedown	-0.03	-0.03	-0.1	-21.9	-0.22	-0.29
Other Unusual Items	60.58	60.66	41.25	33.38	60.61	35.29
Pretax Income	604.53	610.52	577.92	838.9	677.02	728.6
Income Tax Expense	36.37	46.71	36.29	148.08	119.16	97.3
Earnings From Continuing Operations	568.15	563.8	541.63	690.82	557.86	631.3
Net Income to Company	568.15	563.8	541.63	690.82	557.86	631.3
Minority Interest in Earnings	20.73	8.8	-30.1	-27.88	-66.46	-114.67
Net Income	588.88	572.6	511.53	662.94	491.4	516.63
Net Income to Common	588.88	572.6	511.53	662.94	491.4	516.63
Net Income Growth	5.91%	11.94%	-22.84%	34.91%	-4.88%	0.98%
Shares Outstanding (Basic)	1,253	1,272	1,279	1,275	1,260	1,260
Shares Outstanding (Diluted)	1,253	1,272	1,279	1,275	1,260	1,260
Shares Change (YoY)	-3.24%	-0.50%	0.31%	1.18%	-0.01%	-1.48%
EPS (Basic)	0.47	0.45	0.40	0.52	0.39	0.41
EPS (Diluted)	0.47	0.45	0.40	0.52	0.39	0.41
EPS Growth	9.45%	12.50%	-23.08%	33.33%	-4.88%	2.50%
Free Cash Flow	259.58	438.43	40.33	513.93	665.9	443.85
Free Cash Flow Per Share	0.21	0.34	0.03	0.40	0.53	0.35
Dividend Per Share	0.250	0.250	0.250	0.130	0.080	0.080
Dividend Growth	-	-	92.31%	62.50%	-	-
Gross Margin	44.60%	49.32%	58.11%	68.27%	61.39%	72.46%
Operating Margin	15.76%	16.75%	18.83%	24.19%	16.46%	24.90%
Profit Margin	18.13%	18.58%	16.52%	21.54%	9.47%	16.86%
Free Cash Flow Margin	7.99%	14.23%	1.30%	16.70%	12.84%	14.49%
EBITDA	833.68	831.14	870.88	990.14	1,082	953.28
EBITDA Margin	25.66%	26.97%	28.12%	32.17%	20.86%	31.11%
D&A For EBITDA	321.74	314.94	287.75	245.43	228.29	190.36
EBIT	511.94	516.19	583.14	744.7	853.77	762.92
EBIT Margin	15.76%	16.75%	18.83%	24.19%	16.46%	24.90%
Effective Tax Rate	6.02%	7.65%	6.28%	17.65%	17.60%	13.36%
Revenue as Reported	3,249	3,081	3,097	3,078	5,186	3,064
Advertising Expenses	-	102.05	272.7	238.9	1,201	331.75