SHA:600750 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4,207	4,404	4,527	3,846	2,856
Other Revenue	12.84	31.51	26.23	39.58	17.88
Revenue	4,220	4,435	4,553	3,885	2,874
Revenue Growth (YoY)	-4.87%	-2.59%	17.19%	35.19%	17.72%
Cost of Revenue	1,458	1,634	1,648	1,384	1,026
Gross Profit	2,762	2,801	2,906	2,501	1,848
Selling, General & Admin	1,526	1,724	1,862	1,713	1,196
Research & Development	152.79	130.43	141.42	99.97	87.82
Other Operating Expenses	47.36	41.58	55.35	59.31	52.48
Operating Expenses	1,724	1,904	2,058	1,874	1,336
Operating Income	1,037	897.39	847.35	626.7	511.29
Interest Expense	-1.81	-1.71	-6.98	-4.38	-3.46
Interest & Investment Income	75.73	77.48	68.79	37	26.3
Other Non Operating Income (Expenses)	0.5	17.57	-2.29	-12.33	-8.77
EBT Excluding Unusual Items	1,112	990.74	906.87	646.99	525.36
Gain (Loss) on Sale of Investments	0.59	-11.46	-40.05	57.1	51.25
Gain (Loss) on Sale of Assets	0.61	1.84	1.22	-0.13	0.9
Asset Writedown	-0.68	-1.05	-2.04	-	-
Other Unusual Items	100.52	45.54	50.12	49.32	45.63
Pretax Income	1,213	1,026	916.12	753.28	623.14
Income Tax Expense	225.17	165.11	129.11	106.89	92.19
Earnings From Continuing Operations	987.55	860.51	787.01	646.39	530.95
Net Income to Company	987.55	860.51	787.01	646.39	530.95
Minority Interest in Earnings	-80.87	-72.31	-68.34	-48.15	-25.26
Net Income	906.69	788.19	718.67	598.24	505.69
Net Income to Common	906.69	788.19	718.67	598.24	505.69
Net Income Growth	15.03%	9.67%	20.13%	18.30%	6.74%
Shares Outstanding (Basic)	634	631	719	630	632
Shares Outstanding (Diluted)	634	631	719	630	632
Shares Change (YoY)	0.55%	-12.26%	14.12%	-0.38%	0.07%
EPS (Basic)	1.43	1.25	1.00	0.95	0.80
EPS (Diluted)	1.43	1.25	1.00	0.95	0.80
EPS Growth	14.40%	25.00%	5.26%	18.75%	6.67%
Free Cash Flow	690.29	495.49	828.31	676.02	728.55
Free Cash Flow Per Share	1.09	0.79	1.15	1.07	1.15
Dividend Per Share	1.380	1.200	1.300	1.150	0.650
Dividend Growth	15.00%	-7.69%	13.04%	76.92%	140.74%
Gross Margin	65.45%	63.16%	63.81%	64.37%	64.29%
Operating Margin	24.58%	20.23%	18.61%	16.13%	17.79%
Profit Margin	21.49%	17.77%	15.78%	15.40%	17.59%
Free Cash Flow Margin	16.36%	11.17%	18.19%	17.40%	25.35%
EBITDA	1,184	1,033	971.28	746.78	626.2
EBITDA Margin	28.06%	23.28%	21.33%	19.22%	21.79%
D&A For EBITDA	146.62	135.29	123.94	120.08	114.91
EBIT	1,037	897.39	847.35	626.7	511.29
EBIT Margin	24.58%	20.23%	18.61%	16.13%	17.79%
Effective Tax Rate	18.57%	16.10%	14.09%	14.19%	14.79%
Revenue as Reported	4,220	4,435	4,553	3,885	2,874
Advertising Expenses	385.39	364.67	404.92	318.77	321.22

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