SHA:600796 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	1,623	1,682	1,765	2,031	2,004	2,020
Other Revenue	11.83	11.83	3.58	3.74	4.46	11.06
Revenue	1,634	1,694	1,768	2,034	2,009	2,031
Revenue Growth (YoY)	-7.78%	-4.22%	-13.08%	1.27%	-1.08%	7.55%
Cost of Revenue	1,210	1,275	1,364	1,556	1,569	1,564
Gross Profit	424.02	418.77	404.83	478.75	439.57	466.59
Selling, General & Admin	130.38	136.9	159.79	166.45	150.15	136.98
Research & Development	25.47	27.85	29.83	28.41	31.45	32.03
Other Operating Expenses	16.11	16.85	3.76	-0.49	6.83	3.17
Operating Expenses	211.04	220.67	234.78	213.37	190.37	175.12
Operating Income	212.98	198.11	170.06	265.38	249.2	291.48
Interest Expense	-49.12	-54.99	-78.71	-89.12	-92.43	-75.36
Interest & Investment Income	52.44	57.73	75.36	60.54	70.34	5.32
Currency Exchange Gain (Loss)	-0.13	-0.13	1.05	0.66	1.72	1.7
Other Non Operating Income (Expenses)	-12.11	-10.78	-7.4	-10.2	-15.19	-18.54
EBT Excluding Unusual Items	204.07	189.94	160.35	227.26	213.63	204.6
Gain (Loss) on Sale of Assets	1.86	3.83	0.89	9.1	9.52	0.51
Asset Writedown	-2.27	-	-	-9.26	-3.01	-
Other Unusual Items	7.63	7.63	13.09	1.73	20.12	4.62
Pretax Income	211.28	201.4	174.33	228.84	240.27	209.73
Income Tax Expense	42.18	45.76	48.98	45.94	50.17	46.98
Earnings From Continuing Operations	169.09	155.65	125.35	182.9	190.1	162.75
Minority Interest in Earnings	3.34	10.72	34.65	27.79	15.95	-14.81
Net Income	172.43	166.36	160	210.69	206.05	147.94
Net Income to Common	172.43	166.36	160	210.69	206.05	147.94
Net Income Growth	6.62%	3.98%	-24.06%	2.25%	39.28%	53.89%
Shares Outstanding (Basic)	914	876	889	878	859	672
Shares Outstanding (Diluted)	914	876	889	878	859	672
Shares Change (YoY)	8.79%	-1.50%	1.26%	2.25%	27.67%	4.92%
EPS (Basic)	0.19	0.19	0.18	0.24	0.24	0.22
EPS (Diluted)	0.19	0.19	0.18	0.24	0.24	0.22
EPS Growth	-1.99%	5.56%	-25.00%	-	9.09%	46.67%
Free Cash Flow	239.73	178.82	-446.07	117.73	34.38	-199.62
Free Cash Flow Per Share	0.26	0.20	-0.50	0.13	0.04	-0.30
Dividend Per Share	0.031	0.031	0.031	0.031	0.102	0.100
Dividend Growth	-	-	-	-69.61%	2.00%	-
Gross Margin	25.94%	24.73%	22.89%	23.53%	21.88%	22.98%
Operating Margin	13.03%	11.70%	9.62%	13.05%	12.40%	14.35%
Profit Margin	10.55%	9.82%	9.05%	10.36%	10.26%	7.28%
Free Cash Flow Margin	14.67%	10.56%	-25.22%	5.79%	1.71%	-9.83%
EBITDA	393.41	389.34	404.47	490.69	484.82	473.82
EBITDA Margin	24.07%	22.99%	22.87%	24.12%	24.13%	23.33%
D&A For EBITDA	180.44	191.23	234.42	225.31	235.62	182.35
EBIT	212.98	198.11	170.06	265.38	249.2	291.48
EBIT Margin	13.03%	11.70%	9.62%	13.05%	12.40%	14.35%
Effective Tax Rate	19.97%	22.72%	28.09%	20.08%	20.88%	22.40%
Revenue as Reported	1,634	1,694	1,768	2,034	2,009	2,031

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