SHA:600737 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	23,838	26,329	32,347	32,938	26,434	25,043
Other Revenue	182.23	182.23	150.72	176.08	157.43	117.27
Revenue	24,021	26,511	32,497	33,114	26,592	25,160
Revenue Growth	-18.04%	-18.42%	-1.86%	24.53%	5.69%	19.08%
Cost of Revenue	21,432	24,278	29,105	29,042	24,522	22,850
Gross Profit	2,588	2,233	3,392	4,072	2,070	2,311
Selling, General & Admin	850.75	801.77	1,095	1,167	998.52	1,229
Research & Development	53.23	54.47	54.58	44.31	22.05	20.71
Other Operating Expenses	108.43	110.44	35.92	208.12	104.34	98.42
Operating Expenses	1,012	966.25	1,187	1,420	1,129	1,350
Operating Income	1,576	1,267	2,205	2,652	940.25	961.08
Interest Expense	-75.62	-75.62	-87.51	-101.04	-143.02	-178.7
Interest & Investment Income	105.22	121.82	61.35	81.35	157.52	65.15
Currency Exchange Gain (Loss)	-6.07	-6.07	31.83	-6.16	36.54	0.35
Other Non Operating Income (Expenses)	-22.49	28.64	-60.89	7.51	-57.33	-63.61
EBT Excluding Unusual Items	1,577	1,336	2,150	2,633	933.97	784.26
Impairment of Goodwill	-173.55	-173.55	-	-	-	-
Gain (Loss) on Sale of Investments	24.59	10.07	-26.3	-52.55	0.3	9.39
Gain (Loss) on Sale of Assets	-2.77	-4.21	-2.49	-13.81	-5.84	-14.77
Asset Writedown	-150.93	-45.63	-21.3	-15.46	-21.71	-66.34
Other Unusual Items	101.3	101.3	13.6	16.78	92.88	47.36
Pretax Income	1,376	1,224	2,114	2,568	999.58	759.91
Income Tax Expense	253.8	265.61	370	444.6	211.61	224.21
Earnings From Continuing Operations	1,122	958.21	1,744	2,124	787.98	535.69
Minority Interest in Earnings	-7.6	-6.98	-30.2	-50.34	-39.6	-16.17
Net Income	1,115	951.23	1,713	2,073	748.37	519.52
Net Income to Common	1,115	951.23	1,713	2,073	748.37	519.52
Net Income Growth	-13.97%	-44.48%	-17.36%	177.04%	44.05%	-1.82%
Shares Outstanding (Basic)	2,139	2,139	2,139	2,139	2,139	2,139
Shares Outstanding (Diluted)	2,139	2,139	2,139	2,139	2,139	2,139
Shares Change	0.02%	0.01%	-0.00%	-0.00%	-0.00%	0.00%
EPS (Basic)	0.52	0.44	0.80	0.97	0.35	0.24
EPS (Diluted)	0.52	0.44	0.80	0.97	0.35	0.24
EPS Growth	-13.98%	-44.49%	-17.36%	177.05%	44.05%	-1.82%

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	949.18	684.67	1,895	235.38	-504.5	-327.63
Free Cash Flow Per Share	0.44	0.32	0.89	0.11	-0.24	-0.15
Dividend Per Share	0.340	0.340	0.610	0.870	0.260	0.110
Dividend Growth	-17.07%	-44.26%	-29.89%	234.62%	136.36%	37.50%
Gross Margin	10.78%	8.42%	10.44%	12.30%	7.78%	9.19%
Operating Margin	6.56%	4.78%	6.79%	8.01%	3.54%	3.82%
Profit Margin	4.64%	3.59%	5.27%	6.26%	2.81%	2.07%
Free Cash Flow Margin	3.95%	2.58%	5.83%	0.71%	-1.90%	-1.30%
EBITDA	2,006	1,688	2,607	3,029	1,321	1,347
EBITDA Margin	8.35%	6.37%	8.02%	9.15%	4.97%	5.35%
D&A For EBITDA	429.75	421.4	401.53	377.34	380.29	386.09
EBIT	1,576	1,267	2,205	2,652	940.25	961.08
EBIT Margin	6.56%	4.78%	6.79%	8.01%	3.54%	3.82%
Effective Tax Rate	18.44%	21.70%	17.51%	17.31%	21.17%	29.50%
Revenue as Reported	26,511	26,511	32,497	33,114	26,592	25,160
Advertising Expenses	-	6.04	6.75	3.11	0.4	0.45