SHA:600796 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	1,663	1,765	2,031	2,004	2,020	1,879
Other Revenue	3.58	3.58	3.74	4.46	11.06	9.12
Revenue	1,666	1,768	2,034	2,009	2,031	1,888
Revenue Growth (YoY)	-16.95%	-13.08%	1.27%	-1.08%	7.55%	396.55%
Cost of Revenue	1,250	1,364	1,556	1,569	1,564	1,480
Gross Profit	416.29	404.83	478.75	439.57	466.59	408.36
Selling, General & Admin	155.18	159.79	166.45	150.15	136.98	133.19
Research & Development	32.05	29.83	28.41	31.45	32.03	18.62
Other Operating Expenses	12.67	3.76	-0.49	6.83	3.17	0.69
Operating Expenses	231.76	236.11	213.37	190.37	175.12	172.84
Operating Income	184.52	168.72	265.38	249.2	291.48	235.53
Interest Expense	-70.61	-78.71	-89.12	-92.43	-75.36	-75.97
Interest & Investment Income	89.71	75.36	60.54	70.34	5.32	9.56
Currency Exchange Gain (Loss)	1.05	1.05	0.66	1.72	1.7	-2.72
Other Non Operating Income (Expenses)	-3.75	-7.4	-10.2	-15.19	-18.54	-10.45
EBT Excluding Unusual Items	200.91	159.02	227.26	213.63	204.6	155.94
Gain (Loss) on Sale of Assets	1.7	0.89	9.1	9.52	0.51	-0.45
Asset Writedown	1.3	1.34	-9.26	-3.01	-	-8.21
Other Unusual Items	13.09	13.09	1.73	20.12	4.62	27.57
Pretax Income	216.99	174.33	228.84	240.27	209.73	174.86
Income Tax Expense	54.4	48.98	45.94	50.17	46.98	51.87
Earnings From Continuing Operations	162.59	125.35	182.9	190.1	162.75	122.98
Minority Interest in Earnings	19.94	34.65	27.79	15.95	-14.81	-26.85
Net Income	182.54	160	210.69	206.05	147.94	96.14
Net Income to Common	182.54	160	210.69	206.05	147.94	96.14
Net Income Growth	-8.71%	-24.06%	2.25%	39.28%	53.89%	401.22%
Shares Outstanding (Basic)	913	889	878	859	672	641
Shares Outstanding (Diluted)	913	889	878	859	672	641
Shares Change (YoY)	5.16%	1.26%	2.25%	27.67%	4.92%	100.49%
EPS (Basic)	0.20	0.18	0.24	0.24	0.22	0.15
EPS (Diluted)	0.20	0.18	0.24	0.24	0.22	0.15
EPS Growth	-13.18%	-25.00%	-	9.09%	46.67%	150.00%
Free Cash Flow	84.43	-446.07	117.73	34.38	-199.62	47.29
Free Cash Flow Per Share	0.09	-0.50	0.13	0.04	-0.30	0.07
Dividend Per Share	0.031	0.031	0.031	0.102	0.100	-
Dividend Growth	-	-	-69.61%	2.00%	-	-
Gross Margin	24.98%	22.89%	23.53%	21.88%	22.98%	21.63%
Operating Margin	11.07%	9.54%	13.05%	12.40%	14.35%	12.47%
Profit Margin	10.95%	9.05%	10.36%	10.26%	7.28%	5.09%
Free Cash Flow Margin	5.07%	-25.22%	5.79%	1.71%	-9.83%	2.50%
EBITDA	423.87	402.05	490.69	484.82	473.82	401.77
EBITDA Margin	25.44%	22.74%	24.12%	24.13%	23.33%	21.28%
D&A For EBITDA	239.35	233.33	225.31	235.62	182.35	166.24
EBIT	184.52	168.72	265.38	249.2	291.48	235.53
EBIT Margin	11.07%	9.54%	13.05%	12.40%	14.35%	12.47%
Effective Tax Rate	25.07%	28.09%	20.08%	20.88%	22.40%	29.67%
Revenue as Reported	1,666	1,768	2,034	2,009	2,031	1,888

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