SHA:600794 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	519.23	599.61	893.21	1,455	1,333	1,861
Other Revenue	5.59	5.59	6.68	44.08	8.75	9.96
Revenue	524.82	605.19	899.88	1,499	1,341	1,871
Revenue Growth (YoY)	-37.71%	-32.75%	-39.96%	11.73%	-28.32%	-9.36%
Cost of Revenue	329.51	397.13	488.61	1,033	1,004	1,647
Gross Profit	195.32	208.06	411.27	466.2	337.17	223.96
Selling, General & Admin	80.47	84.15	119.25	118.42	93.48	98.1
Research & Development	12.67	14.1	16.85	17.85	15.34	8.83
Other Operating Expenses	5.06	6.96	11	10.32	-3.7	2.09
Operating Expenses	99.18	105.29	146.87	146.73	105.34	105.66
Operating Income	96.14	102.77	264.4	319.47	231.83	118.3
Interest Expense	-2.15	-1.02	-11.04	-19.36	-35.49	-28.36
Interest & Investment Income	78.66	86.8	51.64	30.47	72.39	10.62
Currency Exchange Gain (Loss)	-0.11	-0.11	0.01	0.22	0.95	0.7
Other Non Operating Income (Expenses)	1.71	2.51	-5.45	7.4	-8.86	2.48
EBT Excluding Unusual Items	174.24	190.96	299.55	338.2	260.83	103.74
Impairment of Goodwill	-	-	-	-	-6.57	-6.02
Gain (Loss) on Sale of Investments	-237.65	-241.4	-16.2	-9.03	-37.64	50.39
Gain (Loss) on Sale of Assets	-0.81	-0.81	-0.23	-1.63	-1	-1.89
Asset Writedown	6.45	-	-	-	-	-
Other Unusual Items	2.25	2.22	5.68	8.97	3.55	14.05
Pretax Income	-55.52	-49.03	288.8	336.51	219.17	160.26
Income Tax Expense	29.68	29.13	57.03	64.69	46.25	38.34
Earnings From Continuing Operations	-85.2	-78.17	231.77	271.83	172.93	121.92
Minority Interest in Earnings	-14.18	-13.64	-22	-19.59	-9.54	-21.17
Net Income	-99.38	-91.81	209.77	252.23	163.39	100.75
Net Income to Common	-99.38	-91.81	209.77	252.23	163.39	100.75
Net Income Growth	-	-	-16.83%	54.38%	62.17%	-52.63%
Shares Outstanding (Basic)	1,181	1,148	1,234	1,201	1,167	1,259
Shares Outstanding (Diluted)	1,181	1,148	1,234	1,201	1,167	1,259
Shares Change (YoY)	-0.08%	-7.00%	2.73%	2.92%	-7.33%	6.58%
EPS (Basic)	-0.08	-0.08	0.17	0.21	0.14	0.08
EPS (Diluted)	-0.08	-0.08	0.17	0.21	0.14	0.08
EPS Growth	-	-	-19.05%	50.00%	75.00%	-55.56%
Free Cash Flow	-343.84	14.45	795.09	288.81	476.38	440.75
Free Cash Flow Per Share	-0.29	0.01	0.64	0.24	0.41	0.35
Dividend Per Share	0.020	0.020	0.070	0.085	0.036	0.030
Dividend Growth	-71.43%	-71.43%	-17.65%	136.11%	20.00%	100.00%
Gross Margin	37.21%	34.38%	45.70%	31.11%	25.14%	11.97%
Operating Margin	18.32%	16.98%	29.38%	21.32%	17.28%	6.32%
Profit Margin	-18.94%	-15.17%	23.31%	16.83%	12.18%	5.38%
Free Cash Flow Margin	-65.52%	2.39%	88.35%	19.27%	35.52%	23.55%
EBITDA	173.26	180.15	342.83	400.45	318.95	210.8
EBITDA Margin	33.01%	29.77%	38.10%	26.72%	23.78%	11.27%
D&A For EBITDA	77.12	77.38	78.43	80.98	87.12	92.5
EBIT	96.14	102.77	264.4	319.47	231.83	118.3
EBIT Margin	18.32%	16.98%	29.38%	21.32%	17.28%	6.32%
Effective Tax Rate	-	-	19.75%	19.22%	21.10%	23.92%
Revenue as Reported	524.82	605.19	899.88	1,499	1,341	1,871
Advertising Expenses	-	0.1	0.31	0.32	0.91	0.44

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