SHA:600741 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	170,001	158,639	159,519	149,554	131,071	127,285
Other Revenue	10,213	10,213	9,075	8,714	8,873	6,293
Revenue	180,214	168,852	168,594	158,268	139,944	133,578
Revenue Growth (YoY)	8.22%	0.15%	6.52%	13.09%	4.77%	-7.25%
Cost of Revenue	158,904	148,668	146,772	135,858	120,009	114,475
Gross Profit	21,310	20,184	21,822	22,410	19,935	19,102
Selling, General & Admin	9,437	8,960	8,840	9,158	8,686	9,010
Research & Development	6,323	6,191	7,122	7,161	6,352	5,573
Other Operating Expenses	266.73	67.41	319.36	652.26	516.83	483.37
Operating Expenses	16,177	15,317	16,367	16,959	15,606	15,148
Operating Income	5,133	4,867	5,455	5,451	4,329	3,954
Interest Expense	-813.16	-829.6	-704.93	-508.9	-448.39	-412.26
Interest & Investment Income	3,401	3,506	3,464	3,598	4,226	4,176
Currency Exchange Gain (Loss)	-239.75	-239.75	137.16	-	-110.08	-185.34
Other Non Operating Income (Expenses)	201.52	-179.55	75.88	47.93	-56.88	-42.62
EBT Excluding Unusual Items	7,683	7,125	8,427	8,588	7,940	7,490
Gain (Loss) on Sale of Investments	-12.33	-13.68	34.82	-	0.35	-0.35
Gain (Loss) on Sale of Assets	504.82	374.78	120	67.29	524.99	58.8
Asset Writedown	31.75	-28.32	-93.72	-98.9	-168.6	-57.93
Other Unusual Items	830.89	830.89	550.16	582.81	666.53	449.19
Pretax Income	9,038	8,288	9,039	9,139	8,964	7,940
Income Tax Expense	1,271	806.05	943.85	1,078	972.21	961.82
Earnings From Continuing Operations	7,767	7,482	8,095	8,061	7,991	6,978
Minority Interest in Earnings	-861.95	-791.56	-880.59	-858.08	-1,523	-1,575
Net Income	6,905	6,691	7,214	7,203	6,469	5,403
Net Income to Common	6,905	6,691	7,214	7,203	6,469	5,403
Net Income Growth	-0.61%	-7.26%	0.15%	11.35%	19.72%	-16.40%
Shares Outstanding (Basic)	3,153	3,153	3,153	3,153	3,153	3,153
Shares Outstanding (Diluted)	3,153	3,153	3,153	3,153	3,153	3,153
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	2.19	2.12	2.29	2.28	2.05	1.71
EPS (Diluted)	2.19	2.12	2.29	2.28	2.05	1.71
EPS Growth	-0.59%	-7.26%	0.15%	11.35%	19.72%	-16.40%
Free Cash Flow	8,076	3,682	6,418	4,788	3,786	5,372
Free Cash Flow Per Share	2.56	1.17	2.04	1.52	1.20	1.70
Dividend Per Share	0.800	0.800	0.750	0.880	0.850	0.750
Dividend Growth	6.67%	6.67%	-14.77%	3.53%	13.33%	-11.77%
Gross Margin	11.82%	11.95%	12.94%	14.16%	14.24%	14.30%
Operating Margin	2.85%	2.88%	3.24%	3.44%	3.09%	2.96%
Profit Margin	3.83%	3.96%	4.28%	4.55%	4.62%	4.04%
Free Cash Flow Margin	4.48%	2.18%	3.81%	3.02%	2.71%	4.02%
EBITDA	9,830	9,648	10,348	10,144	9,123	8,788
EBITDA Margin	5.45%	5.71%	6.14%	6.41%	6.52%	6.58%
D&A For EBITDA	4,696	4,781	4,893	4,693	4,794	4,833
EBIT	5,133	4,867	5,455	5,451	4,329	3,954
EBIT Margin	2.85%	2.88%	3.24%	3.44%	3.09%	2.96%
Effective Tax Rate	14.06%	9.72%	10.44%	11.79%	10.85%	12.11%
Revenue as Reported	180,214	168,852	168,594	158,268	139,944	133,578
Advertising Expenses	-	19.05	16.57	35.52	21.75	34.83

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