SHA:600667 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	30,510	30,571	35,049	39,261	35,085	24,212
Other Revenue	110.56	110.56	123.48	116.22	109.5	77.02
Revenue	30,621	30,682	35,172	39,377	35,195	24,289
Revenue Growth (YoY)	-12.93%	-12.77%	-10.68%	11.88%	44.90%	36.10%
Cost of Revenue	28,347	28,343	32,414	36,168	32,714	21,623
Gross Profit	2,273	2,339	2,758	3,208	2,481	2,666
Selling, General & Admin	658.85	656.11	731.52	740.03	716.02	657.53
Research & Development	706.27	761.12	1,068	1,202	1,098	767.3
Other Operating Expenses	61.73	56.7	72.16	75.44	66.45	62.16
Operating Expenses	1,395	1,498	1,945	2,229	2,489	1,521
Operating Income	878.09	840.83	813.36	979.89	-8.71	1,145
Interest Expense	-121.02	-125.13	-175.41	-223.96	-210.8	-176.54
Interest & Investment Income	213.51	217.4	280.89	287.76	281.6	213.44
Currency Exchange Gain (Loss)	2.85	2.85	17.87	10.19	-4.31	0.98
Other Non Operating Income (Expenses)	-35.42	-31.02	-34.62	-53.44	-291.15	-55.06
EBT Excluding Unusual Items	938.01	904.93	902.1	1,000	-233.38	1,128
Gain (Loss) on Sale of Investments	0.14	0.07	-	-	-	-
Gain (Loss) on Sale of Assets	-11.82	-12.71	5	5.73	-11.19	1.42
Asset Writedown	-15.29	-7	-3.64	-67.99	-386.77	-2.73
Other Unusual Items	3.98	3.98	16.24	14.88	17	4.99
Pretax Income	915.02	889.26	919.69	953.07	-614.34	1,132
Income Tax Expense	338.9	333.62	155.75	123.77	38.18	123.58
Earnings From Continuing Operations	576.12	555.64	763.94	829.29	-652.51	1,008
Minority Interest in Earnings	-116.82	-107.53	-106.51	-98.97	-90.03	-99.22
Net Income	459.29	448.11	657.43	730.33	-742.55	908.98
Net Income to Common	459.29	448.11	657.43	730.33	-742.55	908.98
Net Income Growth	-26.75%	-31.84%	-9.98%	-	-	9.13%
Shares Outstanding (Basic)	2,180	2,134	2,121	2,087	2,122	2,114
Shares Outstanding (Diluted)	2,180	2,134	2,121	2,087	2,122	2,114
Shares Change (YoY)	4.71%	0.62%	1.63%	-1.65%	0.36%	1.52%
EPS (Basic)	0.21	0.21	0.31	0.35	-0.35	0.43
EPS (Diluted)	0.21	0.21	0.31	0.35	-0.35	0.43
EPS Growth	-30.05%	-32.26%	-11.43%	-	-	7.50%
Free Cash Flow	486.79	58.93	1,915	719.3	1,338	1,006
Free Cash Flow Per Share	0.22	0.03	0.90	0.34	0.63	0.48
Dividend Per Share	0.065	0.065	0.095	0.105	-	0.170
Dividend Growth	-31.58%	-31.58%	-9.52%	-	-	-
Gross Margin	7.42%	7.62%	7.84%	8.15%	7.05%	10.98%
Operating Margin	2.87%	2.74%	2.31%	2.49%	-0.03%	4.71%
Profit Margin	1.50%	1.46%	1.87%	1.85%	-2.11%	3.74%
Free Cash Flow Margin	1.59%	0.19%	5.44%	1.83%	3.80%	4.14%
EBITDA	1,488	1,468	1,509	1,713	734.34	1,922
EBITDA Margin	4.86%	4.78%	4.29%	4.35%	2.09%	7.91%
D&A For EBITDA	610.17	627.19	695.28	732.75	743.04	776.38
EBIT	878.09	840.83	813.36	979.89	-8.71	1,145
EBIT Margin	2.87%	2.74%	2.31%	2.49%	-0.03%	4.71%
Effective Tax Rate	37.04%	37.52%	16.93%	12.99%	-	10.92%
Revenue as Reported	30,621	30,682	35,172	39,377	35,195	24,289
Advertising Expenses	-	1.43	1.65	2.27	0.81	1.08

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