SHA:600812 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	9,722	9,798	10,070	10,449	10,304	11,430
Other Revenue	71.76	71.76	50.32	51.19	80.2	62.02
Revenue	9,794	9,870	10,120	10,500	10,385	11,493
Revenue Growth (YoY)	0.91%	-2.48%	-3.62%	1.11%	-9.64%	0.31%
Cost of Revenue	6,755	6,732	6,907	7,063	6,691	7,405
Gross Profit	3,039	3,138	3,213	3,437	3,694	4,087
Selling, General & Admin	1,908	2,010	2,268	2,424	2,796	3,179
Research & Development	338.29	336.15	294.2	215.17	151.93	135.69
Other Operating Expenses	94.22	90.82	104.23	117.57	123.33	137.44
Operating Expenses	2,396	2,465	2,677	2,802	3,094	3,489
Operating Income	642.82	672.93	536.44	634.8	600.11	597.87
Interest Expense	-389.27	-458.7	-501.9	-599.39	-642.69	-572.02
Interest & Investment Income	78.29	71.42	74.52	84.17	126.62	66
Currency Exchange Gain (Loss)	17.57	17.57	11.49	23.31	-8.32	-29.94
Other Non Operating Income (Expenses)	-8.02	-5.15	-11.35	-748.96	-13.91	-15.35
EBT Excluding Unusual Items	341.4	298.08	109.2	-606.07	61.82	46.55
Impairment of Goodwill	-3.34	-3.34	-	-	-	-
Gain (Loss) on Sale of Assets	0.63	0.31	0.76	0.21	3.4	1.07
Asset Writedown	19.03	-1.26	-0.05	-	-	-
Legal Settlements	-0.5	-0.5	-0.49	-0.78	-1.14	-1.64
Other Unusual Items	16.86	16.55	49.12	41.56	70.84	140.7
Pretax Income	374.07	309.83	158.54	-565.07	134.91	186.68
Income Tax Expense	94.01	94.87	109.15	113.71	99.52	82.2
Earnings From Continuing Operations	280.06	214.97	49.39	-678.78	35.38	104.48
Minority Interest in Earnings	-97.03	-87.97	-44.5	-10.45	-16.65	-7.15
Net Income	183.03	126.99	4.89	-689.23	18.73	97.32
Net Income to Common	183.03	126.99	4.89	-689.23	18.73	97.32
Net Income Growth	130.57%	2496.79%	-	-	-80.76%	-43.46%
Shares Outstanding (Basic)	1,727	1,716	1,630	1,715	1,702	1,622
Shares Outstanding (Diluted)	1,727	1,716	1,630	1,715	1,702	1,622
Shares Change (YoY)	7.99%	5.27%	-4.92%	0.70%	4.96%	-0.12%
EPS (Basic)	0.11	0.07	0.00	-0.40	0.01	0.06
EPS (Diluted)	0.11	0.07	0.00	-0.40	0.01	0.06
EPS Growth	113.52%	2366.67%	-	-	-81.67%	-43.40%
Free Cash Flow	150.27	445.35	401.23	454.81	502.75	-254.68
Free Cash Flow Per Share	0.09	0.26	0.25	0.27	0.29	-0.16
Dividend Per Share	0.030	0.030	0.010	-	0.060	0.030
Dividend Growth	200.00%	200.00%	-	-	100.00%	-
Gross Margin	31.03%	31.79%	31.75%	32.73%	35.57%	35.56%
Operating Margin	6.56%	6.82%	5.30%	6.05%	5.78%	5.20%
Profit Margin	1.87%	1.29%	0.05%	-6.56%	0.18%	0.85%
Free Cash Flow Margin	1.53%	4.51%	3.96%	4.33%	4.84%	-2.22%
EBITDA	1,468	1,461	1,275	1,347	1,224	1,218
EBITDA Margin	14.99%	14.81%	12.60%	12.83%	11.79%	10.60%
D&A For EBITDA	825.65	788.52	739.01	712	624	620.12
EBIT	642.82	672.93	536.44	634.8	600.11	597.87
EBIT Margin	6.56%	6.82%	5.30%	6.05%	5.78%	5.20%
Effective Tax Rate	25.13%	30.62%	68.85%	-	73.77%	44.03%
Revenue as Reported	9,794	9,870	10,120	10,500	10,385	11,493
Advertising Expenses	-	119.86	133.01	127.89	185.19	203.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.