SHA:600738 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	571.55	610.47	819.29	704.98	594.42	556.96
Other Revenue	55.56	55.56	61.08	51.44	48.24	42.37
Revenue	627.1	666.02	880.36	756.42	642.67	599.33
Revenue Growth (YoY)	-10.66%	-24.35%	16.38%	17.70%	7.23%	-68.16%
Cost of Revenue	218.86	226.34	401.42	412.98	197.28	247.43
Gross Profit	408.24	439.68	478.95	343.45	445.39	351.9
Selling, General & Admin	130.45	132.24	190.66	173.36	157.94	157.53
Other Operating Expenses	36.47	37.31	38.36	48.89	38.53	24.4
Operating Expenses	212.42	240.54	231.14	225.58	196.48	176.93
Operating Income	195.82	199.14	247.81	117.86	248.91	174.97
Interest Expense	-17.85	-24.32	-38.41	-49.73	-34.11	-37.26
Interest & Investment Income	0.51	3.34	6.3	7.92	8.19	13.14
Currency Exchange Gain (Loss)	0.09	0.09	-0.99	-0.75	-0.18	-
Other Non Operating Income (Expenses)	-2.29	-1.81	-11.91	-2.94	-0.52	-0.13
EBT Excluding Unusual Items	176.28	176.44	202.81	72.35	222.29	150.71
Gain (Loss) on Sale of Investments	-61.66	-59.48	-70.64	57.64	-0.52	-
Gain (Loss) on Sale of Assets	-0.41	-1.45	1.17	-2.35	-3.99	-9.46
Asset Writedown	14.17	-	-	-9.32	-	-
Other Unusual Items	2.95	2.95	15.37	3.89	0.3	-2.32
Pretax Income	131.33	118.45	148.71	122.22	218.08	138.93
Income Tax Expense	68.84	71.98	65.82	39.33	64.2	52.27
Earnings From Continuing Operations	62.49	46.47	82.89	82.89	153.88	86.66
Net Income to Company	62.49	46.47	82.89	82.89	153.88	86.66
Minority Interest in Earnings	18.5	26.08	-0.25	3.47	0.94	-
Net Income	80.99	72.55	82.64	86.35	154.82	86.66
Net Income to Common	80.99	72.55	82.64	86.35	154.82	86.66
Net Income Growth	-27.77%	-12.21%	-4.30%	-44.22%	78.65%	-64.81%
Shares Outstanding (Basic)	731	726	751	785	737	774
Shares Outstanding (Diluted)	731	726	751	785	774	774
Shares Change (YoY)	3.95%	-3.43%	-4.30%	1.42%	0.04%	0.24%
EPS (Basic)	0.11	0.10	0.11	0.11	0.21	0.11
EPS (Diluted)	0.11	0.10	0.11	0.11	0.20	0.11
EPS Growth	-30.51%	-9.09%	-	-45.00%	78.57%	-64.89%
Free Cash Flow	107.38	106.89	241.44	123.75	-93.33	-126.22
Free Cash Flow Per Share	0.15	0.15	0.32	0.16	-0.12	-0.16
Dividend Per Share	0.015	0.015	0.039	0.070	-	-
Dividend Growth	-61.14%	-61.14%	-44.86%	-	-	-
Gross Margin	65.10%	66.02%	54.40%	45.40%	69.30%	58.71%
Operating Margin	31.23%	29.90%	28.15%	15.58%	38.73%	29.19%
Profit Margin	12.91%	10.89%	9.39%	11.42%	24.09%	14.46%
Free Cash Flow Margin	17.12%	16.05%	27.43%	16.36%	-14.52%	-21.06%
EBITDA	312.27	317.94	369.75	249.51	368.83	288.72
EBITDA Margin	49.80%	47.74%	42.00%	32.99%	57.39%	48.17%
D&A For EBITDA	116.45	118.8	121.94	131.65	119.91	113.75
EBIT	195.82	199.14	247.81	117.86	248.91	174.97
EBIT Margin	31.23%	29.90%	28.15%	15.58%	38.73%	29.19%
Effective Tax Rate	52.42%	60.77%	44.26%	32.18%	29.44%	37.62%
Revenue as Reported	627.1	666.02	880.36	756.42	642.67	599.33
Advertising Expenses	-	4.49	5.34	4.58	4.63	8.9

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