SHA:600667 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	33,061	35,049	39,261	35,085	24,212	17,787
Other Revenue	123.48	123.48	116.22	109.5	77.02	58.88
Revenue	33,184	35,172	39,377	35,195	24,289	17,846
Revenue Growth (YoY)	-11.63%	-10.68%	11.88%	44.90%	36.10%	5.49%
Cost of Revenue	30,488	32,414	36,168	32,714	21,623	15,627
Gross Profit	2,696	2,758	3,208	2,481	2,666	2,219
Selling, General & Admin	666.31	731.52	740.03	716.02	657.53	550.61
Research & Development	1,046	1,068	1,202	1,098	767.3	535.51
Other Operating Expenses	67	72.16	75.44	66.45	62.16	42.97
Operating Expenses	1,994	1,945	2,229	2,489	1,521	1,187
Operating Income	702.73	813.36	979.89	-8.71	1,145	1,032
Interest Expense	-135.65	-175.41	-223.96	-210.8	-176.54	-207.59
Interest & Investment Income	223.34	280.89	287.76	281.6	213.44	238.44
Currency Exchange Gain (Loss)	17.87	17.87	10.19	-4.31	0.98	-10.44
Other Non Operating Income (Expenses)	-30.8	-34.62	-53.44	-291.15	-55.06	-18.72
EBT Excluding Unusual Items	777.49	902.1	1,000	-233.38	1,128	1,034
Gain (Loss) on Sale of Investments	0.17	-	-	-	-	-4.45
Gain (Loss) on Sale of Assets	9.25	5	5.73	-11.19	1.42	6.83
Asset Writedown	55.81	-3.64	-67.99	-386.77	-2.73	-4.46
Other Unusual Items	16.24	16.24	14.88	17	4.99	25.46
Pretax Income	858.96	919.69	953.07	-614.34	1,132	1,057
Income Tax Expense	154.38	155.75	123.77	38.18	123.58	106.92
Earnings From Continuing Operations	704.58	763.94	829.29	-652.51	1,008	950.34
Minority Interest in Earnings	-118.57	-106.51	-98.97	-90.03	-99.22	-117.42
Net Income	586.01	657.43	730.33	-742.55	908.98	832.92
Net Income to Common	586.01	657.43	730.33	-742.55	908.98	832.92
Net Income Growth	-12.03%	-9.98%	-	-	9.13%	33.88%
Shares Outstanding (Basic)	2,095	2,121	2,087	2,122	2,114	2,082
Shares Outstanding (Diluted)	2,095	2,121	2,087	2,122	2,114	2,082
Shares Change (YoY)	0.40%	1.63%	-1.65%	0.36%	1.52%	0.41%
EPS (Basic)	0.28	0.31	0.35	-0.35	0.43	0.40
EPS (Diluted)	0.28	0.31	0.35	-0.35	0.43	0.40
EPS Growth	-12.37%	-11.43%	-	-	7.50%	33.33%
Free Cash Flow	680.41	1,915	719.3	1,338	1,006	1,217
Free Cash Flow Per Share	0.33	0.90	0.34	0.63	0.48	0.58
Dividend Per Share	0.095	0.095	0.105	-	0.170	0.170
Dividend Growth	-9.52%	-9.52%	-	-	-	14.87%
Gross Margin	8.13%	7.84%	8.15%	7.05%	10.98%	12.43%
Operating Margin	2.12%	2.31%	2.49%	-0.03%	4.71%	5.78%
Profit Margin	1.77%	1.87%	1.85%	-2.11%	3.74%	4.67%
Free Cash Flow Margin	2.05%	5.44%	1.83%	3.80%	4.14%	6.82%
EBITDA	1,329	1,485	1,713	734.34	1,922	1,831
EBITDA Margin	4.00%	4.22%	4.35%	2.09%	7.91%	10.26%
D&A For EBITDA	626.33	671.94	732.75	743.04	776.38	798.34
EBIT	702.73	813.36	979.89	-8.71	1,145	1,032
EBIT Margin	2.12%	2.31%	2.49%	-0.03%	4.71%	5.78%
Effective Tax Rate	17.97%	16.93%	12.99%	-	10.92%	10.11%
Revenue as Reported	33,184	35,172	39,377	35,195	24,289	17,846
Advertising Expenses	-	1.65	2.27	0.81	1.08	2.01

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