SHA:600738 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	607.59	606.32	610.47	819.29	704.98	594.42
Other Revenue	27.48	27.48	55.56	61.08	51.44	48.24
Revenue	635.06	633.79	666.02	880.36	756.42	642.67
Revenue Growth	0.21%	-4.84%	-24.35%	16.38%	17.70%	7.23%
Cost of Revenue	218.42	220.33	226.34	401.42	412.98	197.28
Gross Profit	416.64	413.46	439.68	478.95	343.45	445.39
Selling, General & Admin	132.12	126.61	132.24	190.66	173.36	157.94
Other Operating Expenses	36.95	37.06	37.31	38.36	48.89	38.53
Operating Expenses	187.84	182.43	240.54	231.14	225.58	196.48
Operating Income	228.8	231.03	199.14	247.81	117.86	248.91
Interest Expense	-14.89	-14.89	-24.32	-38.41	-49.73	-34.11
Interest & Investment Income	20.4	17.48	3.34	6.3	7.92	8.19
Currency Exchange Gain (Loss)	-0.01	-0.01	0.09	-0.99	-0.75	-0.18
Other Non Operating Income (Expenses)	14.66	-3.47	-1.81	-11.91	-2.94	-0.52
EBT Excluding Unusual Items	248.95	230.14	176.44	202.81	72.35	222.29
Gain (Loss) on Sale of Investments	-1.16	-4.5	-59.48	-70.64	57.64	-0.52
Gain (Loss) on Sale of Assets	-0.42	-0.43	-1.45	1.17	-2.35	-3.99
Asset Writedown	-	-	-	-	-9.32	-
Other Unusual Items	1.74	1.74	2.95	15.37	3.89	0.3
Pretax Income	249.11	226.95	118.45	148.71	122.22	218.08
Income Tax Expense	61.79	67.1	71.98	65.82	39.33	64.2
Earnings From Continuing Operations	187.32	159.85	46.47	82.89	82.89	153.88
Net Income to Company	187.32	159.85	46.47	82.89	82.89	153.88
Minority Interest in Earnings	0.37	4.13	26.08	-0.25	3.47	0.94
Net Income	187.69	163.98	72.55	82.64	86.35	154.82
Net Income to Common	187.69	163.98	72.55	82.64	86.35	154.82
Net Income Growth	136.25%	126.02%	-12.21%	-4.30%	-44.22%	78.65%
Shares Outstanding (Basic)	752	745	726	751	785	737
Shares Outstanding (Diluted)	752	745	726	751	785	774
Shares Change	3.96%	2.74%	-3.43%	-4.30%	1.42%	0.04%
EPS (Basic)	0.25	0.22	0.10	0.11	0.11	0.21
EPS (Diluted)	0.25	0.22	0.10	0.11	0.11	0.20
EPS Growth	127.26%	120.00%	-9.09%	0%	-45.00%	78.57%

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	372.49	220.42	106.89	241.44	123.75	-93.33
Free Cash Flow Per Share	0.49	0.30	0.15	0.32	0.16	-0.12
Dividend Per Share	0.100	0.100	0.015	0.039	0.070	-
Dividend Growth	566.67%	566.67%	-61.14%	-44.86%	-	-
Gross Margin	65.61%	65.24%	66.02%	54.40%	45.40%	69.30%
Operating Margin	36.03%	36.45%	29.90%	28.15%	15.58%	38.73%
Profit Margin	29.55%	25.87%	10.89%	9.39%	11.42%	24.09%
Free Cash Flow Margin	58.65%	34.78%	16.05%	27.43%	16.36%	-14.52%
EBITDA	347.34	347.33	318.35	369.75	249.51	368.83
EBITDA Margin	54.69%	54.80%	47.80%	42.00%	32.99%	57.39%
D&A For EBITDA	118.54	116.3	119.21	121.94	131.65	119.91
EBIT	228.8	231.03	199.14	247.81	117.86	248.91
EBIT Margin	36.03%	36.45%	29.90%	28.15%	15.58%	38.73%
Effective Tax Rate	24.81%	29.57%	60.77%	44.26%	32.18%	29.44%
Revenue as Reported	633.79	633.79	666.02	880.36	756.42	642.67
Advertising Expenses	-	3.19	4.49	5.34	4.58	4.63