SHA:600660 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	43,699	38,710	32,650	27,651	23,261	19,641
Other Revenue	541.23	541.23	510.82	447.78	341.93	265.3
Revenue	44,240	39,252	33,161	28,099	23,603	19,907
Revenue Growth (YoY)	17.51%	18.37%	18.02%	19.05%	18.57%	-5.67%
Cost of Revenue	28,021	25,176	21,495	18,609	15,192	12,730
Gross Profit	16,219	14,076	11,666	9,490	8,411	7,177
Selling, General & Admin	4,495	4,013	3,984	3,455	3,052	2,894
Research & Development	1,856	1,678	1,403	1,249	997.2	815.58
Other Operating Expenses	163.46	70.74	172.77	225.34	204.63	198.18
Operating Expenses	6,528	5,764	5,576	4,934	4,260	3,910
Operating Income	9,691	8,312	6,090	4,556	4,151	3,266
Interest Expense	-305.37	-288.51	-288.32	-288.12	-318.94	-354.75
Interest & Investment Income	853.66	979.19	614	262.73	231.79	361.29
Currency Exchange Gain (Loss)	-24.28	-24.28	368.7	1,045	-528.01	-422.47
Other Non Operating Income (Expenses)	638.3	-11.68	-6.98	-7.41	-7.21	-11
EBT Excluding Unusual Items	10,853	8,967	6,778	5,568	3,529	2,839
Gain (Loss) on Sale of Investments	129.4	-70.03	-36.31	-10.28	-9.4	-0.68
Gain (Loss) on Sale of Assets	-78.48	-92.21	-100.07	-127.95	-103	-67.15
Asset Writedown	-6.1	-19.16	-147.03	-105.5	-	-
Other Unusual Items	205.61	205.61	221.87	254.51	402.64	338.06
Pretax Income	11,104	8,991	6,716	5,579	3,819	3,110
Income Tax Expense	2,015	1,487	1,087	826.31	675.86	511.14
Earnings From Continuing Operations	9,089	7,504	5,629	4,753	3,143	2,598
Minority Interest in Earnings	-5.64	-6.06	0.15	2.8	3.19	2.33
Net Income	9,083	7,498	5,629	4,756	3,146	2,601
Net Income to Common	9,083	7,498	5,629	4,756	3,146	2,601
Net Income Growth	30.09%	33.20%	18.37%	51.15%	20.97%	-10.27%
Shares Outstanding (Basic)	2,611	2,613	2,606	2,613	2,558	2,501
Shares Outstanding (Diluted)	2,611	2,613	2,606	2,613	2,558	2,501
Shares Change (YoY)	0.25%	0.25%	-0.26%	2.15%	2.28%	0.08%
EPS (Basic)	3.48	2.87	2.16	1.82	1.23	1.04
EPS (Diluted)	3.48	2.87	2.16	1.82	1.23	1.04
EPS Growth	29.77%	32.87%	18.68%	47.97%	18.27%	-10.35%
Free Cash Flow	5,851	3,081	3,150	2,763	3,348	3,505
Free Cash Flow Per Share	2.24	1.18	1.21	1.06	1.31	1.40
Dividend Per Share	2.700	1.800	1.300	1.250	1.000	0.750
Dividend Growth	107.69%	38.46%	4.00%	25.00%	33.33%	-
Gross Margin	36.66%	35.86%	35.18%	33.77%	35.64%	36.05%
Operating Margin	21.91%	21.18%	18.37%	16.21%	17.59%	16.41%
Profit Margin	20.53%	19.10%	16.98%	16.93%	13.33%	13.06%
Free Cash Flow Margin	13.23%	7.85%	9.50%	9.83%	14.19%	17.61%
EBITDA	11,952	10,496	8,172	6,519	6,038	5,135
EBITDA Margin	27.02%	26.74%	24.64%	23.20%	25.58%	25.80%
D&A For EBITDA	2,261	2,184	2,082	1,963	1,887	1,869
EBIT	9,691	8,312	6,090	4,556	4,151	3,266
EBIT Margin	21.91%	21.18%	18.37%	16.21%	17.59%	16.41%
Effective Tax Rate	18.15%	16.54%	16.18%	14.81%	17.70%	16.44%
Revenue as Reported	44,240	39,252	33,161	28,099	23,603	19,907

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.