SHA:600649 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	17,997	9,399	2,081	8,414	9,139	6,507
Other Revenue	33.61	33.61	478.33	54.49	53.52	57.76
Revenue	18,031	9,432	2,559	8,468	9,193	6,565
Revenue Growth (YoY)	762.51%	268.60%	-69.78%	-7.89%	40.03%	80.18%
Cost of Revenue	15,416	8,080	1,736	7,633	7,126	5,548
Gross Profit	2,615	1,352	823.21	834.72	2,068	1,017
Selling, General & Admin	485.28	446.39	417.12	292.54	282.53	174.05
Research & Development	2.47	4.04	3.33	-	-	-
Other Operating Expenses	477.32	182.57	-258.49	366.96	1,282	292.59
Operating Expenses	963.38	632.38	169.65	659.9	1,565	466.91
Operating Income	1,651	719.52	653.56	174.82	502.58	549.72
Interest Expense	-806.8	-685.6	-646.84	-488.31	-556.93	-321.92
Interest & Investment Income	311.85	306.92	554.51	2,161	1,699	753.54
Other Non Operating Income (Expenses)	-11.66	-7.11	-13.01	-4.18	-1.45	-8.03
EBT Excluding Unusual Items	1,145	333.73	548.21	1,844	1,643	973.31
Gain (Loss) on Sale of Investments	106.97	160.75	-1.14	-341.84	-98.3	105.74
Gain (Loss) on Sale of Assets	0.66	0.51	0.23	-0.05	-0.02	-0.01
Asset Writedown	-0.62	0.09	-9.56	-	-	-
Other Unusual Items	11.45	17.4	23.11	15.64	-100.04	16.32
Pretax Income	1,263	512.49	560.84	1,517	1,444	1,095
Income Tax Expense	538.91	301.34	213.06	733.87	547.02	324.61
Earnings From Continuing Operations	724.07	211.15	347.77	783.4	897.34	770.74
Net Income to Company	724.07	211.15	347.77	783.4	897.34	770.74
Minority Interest in Earnings	21.43	31.56	67.69	-0.8	14.2	0.04
Net Income	745.49	242.71	415.47	782.6	911.54	770.78
Net Income to Common	745.49	242.71	415.47	782.6	911.54	770.78
Net Income Growth	-	-41.58%	-46.91%	-14.15%	18.26%	27.22%
Shares Outstanding (Basic)	2,417	2,427	2,444	2,525	2,532	2,569
Shares Outstanding (Diluted)	2,417	2,427	2,444	2,525	2,532	2,569
Shares Change (YoY)	0.56%	-0.69%	-3.19%	-0.30%	-1.45%	1.57%
EPS (Basic)	0.31	0.10	0.17	0.31	0.36	0.30
EPS (Diluted)	0.31	0.10	0.17	0.31	0.36	0.30
EPS Growth	-	-41.18%	-45.16%	-13.89%	20.00%	25.26%
Free Cash Flow	-1,800	2,472	2,023	-8,543	-12,889	-2,105
Free Cash Flow Per Share	-0.74	1.02	0.83	-3.38	-5.09	-0.82
Dividend Per Share	0.040	0.040	0.060	0.110	0.110	0.092
Dividend Growth	-33.33%	-33.33%	-45.45%	-	19.56%	27.78%
Gross Margin	14.50%	14.33%	32.17%	9.86%	22.49%	15.49%
Operating Margin	9.16%	7.63%	25.54%	2.06%	5.47%	8.37%
Profit Margin	4.13%	2.57%	16.24%	9.24%	9.92%	11.74%
Free Cash Flow Margin	-9.99%	26.21%	79.05%	-100.88%	-140.20%	-32.07%
EBITDA	1,895	949.25	864.92	253.79	580.97	614.62
EBITDA Margin	10.51%	10.06%	33.80%	3.00%	6.32%	9.36%
D&A For EBITDA	243.51	229.73	211.36	78.97	78.39	64.9
EBIT	1,651	719.52	653.56	174.82	502.58	549.72
EBIT Margin	9.16%	7.63%	25.54%	2.06%	5.47%	8.37%
Effective Tax Rate	42.67%	58.80%	37.99%	48.37%	37.87%	29.64%
Revenue as Reported	18,031	9,432	2,559	8,468	9,193	6,565

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