SHA:600660 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	45,605	45,097	38,710	32,650	27,651	23,261
Other Revenue	705.68	690.02	541.23	510.82	447.78	341.93
Revenue	46,311	45,787	39,252	33,161	28,099	23,603
Revenue Growth	9.33%	16.65%	18.37%	18.02%	19.05%	18.57%
Cost of Revenue	28,717	28,780	25,176	21,495	18,609	15,192
Gross Profit	17,594	17,008	14,076	11,666	9,490	8,411
Selling, General & Admin	4,824	4,677	4,013	3,984	3,455	3,052
Research & Development	2,063	1,913	1,678	1,403	1,249	997.2
Other Operating Expenses	357.05	213.63	70.74	172.77	225.34	204.63
Operating Expenses	7,247	6,802	5,764	5,576	4,934	4,260
Operating Income	10,348	10,206	8,312	6,090	4,556	4,151
Interest Expense	-272.78	-321.41	-288.51	-288.32	-288.12	-318.94
Interest & Investment Income	846.71	868.84	979.19	614	262.73	231.79
Currency Exchange Gain (Loss)	-1,107	297.52	-24.28	368.7	1,045	-528.01
Other Non Operating Income (Expenses)	-31.44	-14	-11.68	-6.98	-7.41	-7.21
EBT Excluding Unusual Items	9,784	11,037	8,967	6,778	5,568	3,529
Gain (Loss) on Sale of Investments	8.47	-34.94	-70.03	-36.31	-10.28	-9.4
Gain (Loss) on Sale of Assets	-49.26	-31.85	-92.21	-100.07	-127.95	-103
Asset Writedown	-9.96	-9.96	-19.16	-147.03	-105.5	-
Other Unusual Items	272.94	201.54	205.61	221.87	254.51	402.64
Pretax Income	10,006	11,162	8,991	6,716	5,579	3,819
Income Tax Expense	1,525	1,845	1,487	1,087	826.31	675.86
Earnings From Continuing Operations	8,481	9,317	7,504	5,629	4,753	3,143
Minority Interest in Earnings	-3.2	-4.49	-6.06	0.15	2.8	3.19
Net Income	8,478	9,312	7,498	5,629	4,756	3,146
Net Income to Common	8,478	9,312	7,498	5,629	4,756	3,146
Net Income Growth	-3.71%	24.20%	33.20%	18.37%	51.15%	20.97%
Shares Outstanding (Basic)	2,609	2,608	2,613	2,606	2,613	2,558
Shares Outstanding (Diluted)	2,609	2,608	2,613	2,606	2,613	2,558
Shares Change	-0.15%	-0.15%	0.25%	-0.26%	2.15%	2.28%
EPS (Basic)	3.25	3.57	2.87	2.16	1.82	1.23
EPS (Diluted)	3.25	3.57	2.87	2.16	1.82	1.23
EPS Growth	-3.56%	24.39%	32.87%	18.68%	47.97%	18.27%

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	5,651	5,891	3,081	3,150	2,763	3,348
Free Cash Flow Per Share	2.17	2.26	1.18	1.21	1.06	1.31
Dividend Per Share	2.200	2.100	1.800	1.300	1.250	1.000
Dividend Growth	-18.52%	16.67%	38.46%	4.00%	25.00%	33.33%
Gross Margin	37.99%	37.15%	35.86%	35.18%	33.77%	35.64%
Operating Margin	22.34%	22.29%	21.18%	18.37%	16.21%	17.59%
Profit Margin	18.31%	20.34%	19.10%	16.98%	16.93%	13.33%
Free Cash Flow Margin	12.20%	12.87%	7.85%	9.50%	9.83%	14.19%
EBITDA	13,005	12,705	10,536	8,172	6,519	6,038
EBITDA Margin	28.08%	27.75%	26.84%	24.64%	23.20%	25.58%
D&A For EBITDA	2,657	2,499	2,224	2,082	1,963	1,887
EBIT	10,348	10,206	8,312	6,090	4,556	4,151
EBIT Margin	22.34%	22.29%	21.18%	18.37%	16.21%	17.59%
Effective Tax Rate	15.24%	16.53%	16.54%	16.18%	14.81%	17.70%
Revenue as Reported	46,311	45,787	39,252	33,161	28,099	23,603