SHA:600755 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	Mar '26 Mar 31, 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	353,484	337,117	354,275	468,181	521,886	464,693
Other Revenue	-	-	164.83	65.99	58.67	62.61
Revenue	353,484	337,117	354,440	468,247	521,945	464,756
Revenue Growth (YoY)	7.74%	-4.89%	-24.30%	-10.29%	12.31%	32.38%
Cost of Revenue	346,452	331,985	350,790	463,156	513,633	457,144
Gross Profit	7,032	5,132	3,649	5,091	8,312	7,611
Selling, General & Admin	2,604	2,641	2,763	2,539	2,665	2,489
Research & Development	78.07	87.1	89.62	51.54	4.9	-
Other Operating Expenses	-17.05	-80.85	240.69	-73.03	377.26	301.92
Operating Expenses	2,665	2,647	3,569	2,689	3,264	3,007
Operating Income	4,367	2,485	80.5	2,403	5,049	4,604
Interest Expense	-	-	-1,203	-1,208	-1,133	-1,098
Interest & Investment Income	692.19	1,103	2,444	1,008	1,981	1,237
Currency Exchange Gain (Loss)	-	-	-741.98	-164.28	146.32	-131.62
Other Non Operating Income (Expenses)	-1,727	-1,649	-365.74	-290.22	-412.56	-207.35
EBT Excluding Unusual Items	3,332	1,939	213.61	1,748	5,630	4,404
Gain (Loss) on Sale of Investments	-1,687	13.33	388.62	411.5	-511.53	251.66
Gain (Loss) on Sale of Assets	14.72	8.97	-46.76	3.11	31.56	165.01
Asset Writedown	-1,533	-1,546	-415.86	3.1	-9.56	-0.8
Legal Settlements	-	-	-40.36	-3.91	-2.66	-0.79
Other Unusual Items	-	-	354.94	389.87	551.27	281.77
Pretax Income	127.12	414.77	454.18	2,551	5,689	5,101
Income Tax Expense	151.7	272.98	246.94	500.24	1,165	1,311
Earnings From Continuing Operations	-24.58	141.78	207.23	2,051	4,524	3,790
Minority Interest in Earnings	366.41	367.27	418.43	-136.25	-929.74	-351.98
Net Income	341.83	509.06	625.66	1,915	3,594	3,438
Preferred Dividends & Other Adjustments	-	-	548.67	-	-	-
Net Income to Common	341.83	509.06	76.99	1,915	3,594	3,438
Net Income Growth	-46.34%	-18.64%	-67.33%	-46.72%	4.56%	31.60%
Shares Outstanding (Basic)	25,551	25,453	1,925	2,992	2,567	2,292
Shares Outstanding (Diluted)	25,551	25,453	2,566	2,992	2,567	2,292
Shares Change (YoY)	22.39%	891.78%	-14.22%	16.54%	12.03%	-8.76%
EPS (Basic)	0.01	0.02	0.04	0.64	1.40	1.50
EPS (Diluted)	0.01	0.02	0.03	0.64	1.40	1.50
EPS Growth	-56.15%	-33.33%	-95.31%	-54.29%	-6.67%	44.23%
Free Cash Flow	-31,515	-179.22	-2,441	902.81	-875.04	7,362
Free Cash Flow Per Share	-1.23	-0.01	-0.95	0.30	-0.34	3.21
Dividend Per Share	-	-	0.330	0.500	0.650	0.500
Dividend Growth	-	-	-34.00%	-23.08%	30.00%	8.70%
Gross Margin	1.99%	1.52%	1.03%	1.09%	1.59%	1.64%
Operating Margin	1.23%	0.74%	0.02%	0.51%	0.97%	0.99%
Profit Margin	0.10%	0.15%	0.02%	0.41%	0.69%	0.74%
Free Cash Flow Margin	-8.92%	-0.05%	-0.69%	0.19%	-0.17%	1.58%
EBITDA	4,897	3,004	556.23	2,802	5,349	4,854
EBITDA Margin	1.39%	0.89%	0.16%	0.60%	1.03%	1.04%
D&A For EBITDA	530.26	519.36	475.74	399.82	300.22	249.79
EBIT	4,367	2,485	80.5	2,403	5,049	4,604
EBIT Margin	1.23%	0.74%	0.02%	0.51%	0.97%	0.99%
Effective Tax Rate	119.34%	65.82%	54.37%	19.61%	20.48%	25.71%
Revenue as Reported	-	-	354,440	468,247	521,945	464,756
Advertising Expenses	-	-	60.35	38.7	39.68	85.05

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