SHA:600796 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,682	1,765	2,031	2,004	2,020
Other Revenue	11.83	3.58	3.74	4.46	11.06
Revenue	1,694	1,768	2,034	2,009	2,031
Revenue Growth (YoY)	-4.22%	-13.08%	1.27%	-1.08%	7.55%
Cost of Revenue	1,275	1,364	1,556	1,569	1,564
Gross Profit	418.77	404.83	478.75	439.57	466.59
Selling, General & Admin	136.9	159.79	166.45	150.15	136.98
Research & Development	27.85	29.83	28.41	31.45	32.03
Other Operating Expenses	16.85	3.76	-0.49	6.83	3.17
Operating Expenses	220.67	234.78	213.37	190.37	175.12
Operating Income	198.11	170.06	265.38	249.2	291.48
Interest Expense	-54.99	-78.71	-89.12	-92.43	-75.36
Interest & Investment Income	57.73	75.36	60.54	70.34	5.32
Currency Exchange Gain (Loss)	-0.13	1.05	0.66	1.72	1.7
Other Non Operating Income (Expenses)	-10.78	-7.4	-10.2	-15.19	-18.54
EBT Excluding Unusual Items	189.94	160.35	227.26	213.63	204.6
Gain (Loss) on Sale of Assets	3.83	0.89	9.1	9.52	0.51
Asset Writedown	-	-	-9.26	-3.01	-
Other Unusual Items	7.63	13.09	1.73	20.12	4.62
Pretax Income	201.4	174.33	228.84	240.27	209.73
Income Tax Expense	45.76	48.98	45.94	50.17	46.98
Earnings From Continuing Operations	155.65	125.35	182.9	190.1	162.75
Minority Interest in Earnings	10.72	34.65	27.79	15.95	-14.81
Net Income	166.36	160	210.69	206.05	147.94
Net Income to Common	166.36	160	210.69	206.05	147.94
Net Income Growth	3.98%	-24.06%	2.25%	39.28%	53.89%
Shares Outstanding (Basic)	876	889	878	859	672
Shares Outstanding (Diluted)	876	889	878	859	672
Shares Change (YoY)	-1.50%	1.26%	2.25%	27.67%	4.92%
EPS (Basic)	0.19	0.18	0.24	0.24	0.22
EPS (Diluted)	0.19	0.18	0.24	0.24	0.22
EPS Growth	5.56%	-25.00%	-	9.09%	46.67%
Free Cash Flow	178.82	-446.07	117.73	34.38	-199.62
Free Cash Flow Per Share	0.20	-0.50	0.13	0.04	-0.30
Dividend Per Share	0.031	0.031	0.031	0.102	0.100
Dividend Growth	-	-	-69.61%	2.00%	-
Gross Margin	24.73%	22.89%	23.53%	21.88%	22.98%
Operating Margin	11.70%	9.62%	13.05%	12.40%	14.35%
Profit Margin	9.82%	9.05%	10.36%	10.26%	7.28%
Free Cash Flow Margin	10.56%	-25.22%	5.79%	1.71%	-9.83%
EBITDA	389.34	404.47	490.69	484.82	473.82
EBITDA Margin	22.99%	22.87%	24.12%	24.13%	23.33%
D&A For EBITDA	191.23	234.42	225.31	235.62	182.35
EBIT	198.11	170.06	265.38	249.2	291.48
EBIT Margin	11.70%	9.62%	13.05%	12.40%	14.35%
Effective Tax Rate	22.72%	28.09%	20.08%	20.88%	22.40%
Revenue as Reported	1,694	1,768	2,034	2,009	2,031

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