SHA:600794 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	731.38	893.21	1,455	1,333	1,861	2,053
Other Revenue	6.68	6.68	44.08	8.75	9.96	10.87
Revenue	738.05	899.88	1,499	1,341	1,871	2,064
Revenue Growth (YoY)	-27.19%	-39.96%	11.73%	-28.32%	-9.36%	9.98%
Cost of Revenue	485.05	488.61	1,033	1,004	1,647	1,649
Gross Profit	253.01	411.27	466.2	337.17	223.96	415.32
Selling, General & Admin	112.33	119.25	118.42	93.48	98.1	120.82
Research & Development	16.86	16.85	17.85	15.34	8.83	17.86
Other Operating Expenses	12.75	11	10.32	-3.7	2.09	0.84
Operating Expenses	139.1	146.87	146.73	105.34	105.66	145.1
Operating Income	113.91	264.4	319.47	231.83	118.3	270.22
Interest Expense	-1.38	-11.04	-19.36	-35.49	-28.36	-35.03
Interest & Investment Income	29.76	51.64	30.47	72.39	10.62	73.92
Currency Exchange Gain (Loss)	0.01	0.01	0.22	0.95	0.7	-2.22
Other Non Operating Income (Expenses)	-5.11	-5.45	7.4	-8.86	2.48	-0.34
EBT Excluding Unusual Items	137.18	299.55	338.2	260.83	103.74	306.55
Impairment of Goodwill	-	-	-	-6.57	-6.02	-
Gain (Loss) on Sale of Investments	-8.38	-16.2	-9.03	-37.64	50.39	-19.93
Gain (Loss) on Sale of Assets	-0.37	-0.23	-1.63	-1	-1.89	10.05
Asset Writedown	-0.08	-	-	-	-	-4.27
Other Unusual Items	6.15	5.68	8.97	3.55	14.05	6.71
Pretax Income	134.5	288.8	336.51	219.17	160.26	299.11
Income Tax Expense	34.76	57.03	64.69	46.25	38.34	65.07
Earnings From Continuing Operations	99.73	231.77	271.83	172.93	121.92	234.04
Minority Interest in Earnings	-15	-22	-19.59	-9.54	-21.17	-21.35
Net Income	84.73	209.77	252.23	163.39	100.75	212.69
Net Income to Common	84.73	209.77	252.23	163.39	100.75	212.69
Net Income Growth	-64.22%	-16.83%	54.38%	62.17%	-52.63%	35.05%
Shares Outstanding (Basic)	1,195	1,234	1,201	1,167	1,259	1,182
Shares Outstanding (Diluted)	1,195	1,234	1,201	1,167	1,259	1,182
Shares Change (YoY)	0.72%	2.73%	2.92%	-7.33%	6.58%	-2.46%
EPS (Basic)	0.07	0.17	0.21	0.14	0.08	0.18
EPS (Diluted)	0.07	0.17	0.21	0.14	0.08	0.18
EPS Growth	-64.48%	-19.05%	50.00%	75.00%	-55.56%	38.46%
Free Cash Flow	-280.99	795.09	288.81	476.38	440.75	-186.33
Free Cash Flow Per Share	-0.23	0.64	0.24	0.41	0.35	-0.16
Dividend Per Share	0.030	0.070	0.085	0.036	0.030	0.015
Dividend Growth	-76.00%	-17.65%	136.11%	20.00%	100.00%	-
Gross Margin	34.28%	45.70%	31.11%	25.14%	11.97%	20.12%
Operating Margin	15.43%	29.38%	21.32%	17.28%	6.32%	13.09%
Profit Margin	11.48%	23.31%	16.83%	12.18%	5.38%	10.30%
Free Cash Flow Margin	-38.07%	88.35%	19.27%	35.52%	23.55%	-9.03%
EBITDA	187.91	341.39	400.45	318.95	210.8	357.69
EBITDA Margin	25.46%	37.94%	26.72%	23.78%	11.27%	17.33%
D&A For EBITDA	74.01	77	80.98	87.12	92.5	87.47
EBIT	113.91	264.4	319.47	231.83	118.3	270.22
EBIT Margin	15.43%	29.38%	21.32%	17.28%	6.32%	13.09%
Effective Tax Rate	25.85%	19.75%	19.22%	21.10%	23.92%	21.75%
Revenue as Reported	738.05	899.88	1,499	1,341	1,871	2,064
Advertising Expenses	-	0.31	0.32	0.91	0.44	0.4

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