SHA:600742 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	19,418	19,293	20,219	19,096	19,600	18,764
Other Revenue	343.5	343.5	546.74	875.56	937.32	755.79
Revenue	19,762	19,636	20,766	19,972	20,537	19,520
Revenue Growth (YoY)	-0.27%	-5.44%	3.98%	-2.76%	5.21%	9.84%
Cost of Revenue	17,676	17,619	18,812	18,138	18,710	17,709
Gross Profit	2,086	2,017	1,954	1,834	1,827	1,811
Selling, General & Admin	771.06	839.68	867.25	862.21	843.4	840.29
Research & Development	580.07	596.27	492.21	362.84	326.61	258.33
Other Operating Expenses	150.59	92.31	90.28	96.68	95.17	89.83
Operating Expenses	1,513	1,539	1,457	1,317	1,233	1,103
Operating Income	572.64	477.97	496.94	516.48	593.9	707.29
Interest Expense	-38.49	-39.38	-31.88	-23.52	-16.02	-7.94
Interest & Investment Income	419.93	473.89	347.21	393.11	474.62	368.44
Currency Exchange Gain (Loss)	0.01	0.01	-0.35	-0.86	1.08	0.2
Other Non Operating Income (Expenses)	-8.49	-9.33	-8.39	6.91	-2.3	-5.97
EBT Excluding Unusual Items	945.59	903.15	803.53	892.1	1,051	1,062
Impairment of Goodwill	-4.1	-4.1	-	-	-	-
Gain (Loss) on Sale of Assets	0.81	-3.53	39.11	-0.63	-2.17	-2.53
Asset Writedown	-5.82	-0.16	-0.17	-	-0.37	-18.27
Other Unusual Items	160.7	139.24	66.51	18.07	47.39	61.57
Pretax Income	1,097	1,035	908.98	909.55	1,096	1,103
Income Tax Expense	294.66	285.15	143.97	83.2	120.08	133.55
Earnings From Continuing Operations	802.52	749.45	765.01	826.35	976.06	969.24
Minority Interest in Earnings	-302.27	-240.72	-244.48	-281.81	-317.2	-351.98
Net Income	500.26	508.74	520.53	544.54	658.86	617.26
Net Income to Common	500.26	508.74	520.53	544.54	658.86	617.26
Net Income Growth	2.43%	-2.27%	-4.41%	-17.35%	6.74%	15.20%
Shares Outstanding (Basic)	743	743	742	698	669	662
Shares Outstanding (Diluted)	743	743	742	698	669	662
Shares Change (YoY)	-0.01%	0.10%	6.40%	4.26%	1.04%	-0.00%
EPS (Basic)	0.67	0.68	0.70	0.78	0.98	0.93
EPS (Diluted)	0.67	0.68	0.70	0.78	0.98	0.93
EPS Growth	2.44%	-2.37%	-10.16%	-20.73%	5.64%	15.20%
Free Cash Flow	747.97	783.19	1,359	-177.45	1,622	2,482
Free Cash Flow Per Share	1.01	1.05	1.83	-0.25	2.42	3.75
Dividend Per Share	0.670	0.350	0.250	0.250	0.300	0.300
Dividend Growth	91.43%	40.00%	-	-16.67%	-	95.06%
Gross Margin	10.56%	10.27%	9.41%	9.18%	8.90%	9.28%
Operating Margin	2.90%	2.43%	2.39%	2.59%	2.89%	3.62%
Profit Margin	2.53%	2.59%	2.51%	2.73%	3.21%	3.16%
Free Cash Flow Margin	3.79%	3.99%	6.54%	-0.89%	7.90%	12.72%
EBITDA	1,211	1,105	1,109	1,098	1,151	1,267
EBITDA Margin	6.13%	5.63%	5.34%	5.50%	5.61%	6.49%
D&A For EBITDA	637.98	626.86	612.02	581.6	557.47	559.74
EBIT	572.64	477.97	496.94	516.48	593.9	707.29
EBIT Margin	2.90%	2.43%	2.39%	2.59%	2.89%	3.62%
Effective Tax Rate	26.86%	27.56%	15.84%	9.15%	10.96%	12.11%
Revenue as Reported	19,762	19,636	20,766	19,972	20,537	19,520
Advertising Expenses	-	4.17	6.69	5.37	3.38	2.76

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