SHA:600812 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	Sep '26 Sep 30, 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	7,662	9,138	9,798	10,070	10,449	10,304
Other Revenue	103.99	103.99	71.76	50.32	51.19	80.2
Revenue	7,766	9,242	9,870	10,120	10,500	10,385
Revenue Growth	-20.70%	-6.36%	-2.48%	-3.62%	1.11%	-9.64%
Cost of Revenue	5,498	6,363	6,732	6,907	7,063	6,691
Gross Profit	2,268	2,878	3,138	3,213	3,437	3,694
Selling, General & Admin	1,345	1,780	2,010	2,268	2,424	2,796
Research & Development	353.18	339.77	336.15	294.2	215.17	151.93
Other Operating Expenses	84.59	87.41	90.82	104.23	117.57	123.33
Operating Expenses	1,792	2,251	2,479	2,677	2,802	3,094
Operating Income	476.06	627.16	658.87	536.44	634.8	600.11
Interest Expense	-85.06	-361.55	-458.7	-501.9	-599.39	-642.69
Interest & Investment Income	86.05	86.44	71.42	74.52	84.17	126.62
Currency Exchange Gain (Loss)	-4.96	-4.96	17.57	11.49	23.31	-8.32
Other Non Operating Income (Expenses)	-249.07	-5.29	8.92	-11.35	-748.96	-13.91
EBT Excluding Unusual Items	223.01	341.81	298.08	109.2	-606.07	61.82
Impairment of Goodwill	-	-	-3.34	-	-	-
Gain (Loss) on Sale of Assets	0.88	0.83	0.44	0.76	0.21	3.4
Asset Writedown	-22.65	-0.76	-1.4	-0.05	-	-
Legal Settlements	-1.72	-1.72	-0.5	-0.49	-0.78	-1.14
Other Unusual Items	19.95	17.25	16.55	49.12	41.56	70.84
Pretax Income	219.48	357.41	309.83	158.54	-565.07	134.91
Income Tax Expense	72.69	99.96	94.87	109.15	113.71	99.52
Earnings From Continuing Operations	146.79	257.45	214.97	49.39	-678.78	35.38
Minority Interest in Earnings	-57.35	-74.4	-87.97	-44.5	-10.45	-16.65
Net Income	89.44	183.06	126.99	4.89	-689.23	18.73
Net Income to Common	89.44	183.06	126.99	4.89	-689.23	18.73
Net Income Growth	-51.13%	44.15%	2496.79%	-	-	-80.76%
Shares Outstanding (Basic)	1,699	1,711	1,716	1,630	1,715	1,702
Shares Outstanding (Diluted)	1,699	1,711	1,716	1,630	1,715	1,702
Shares Change	-1.62%	-0.31%	5.27%	-4.92%	0.70%	4.96%
EPS (Basic)	0.05	0.11	0.07	0.00	-0.40	0.01
EPS (Diluted)	0.05	0.11	0.07	0.00	-0.40	0.01
EPS Growth	-50.33%	44.59%	2366.67%	-	-	-81.67%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	696.11	634.53	445.35	401.23	454.81	502.75
Free Cash Flow Per Share	0.41	0.37	0.26	0.25	0.27	0.29
Dividend Per Share	0.035	0.035	0.030	0.010	-	0.060
Dividend Growth	16.67%	16.67%	200.00%	-	-	100.00%
Gross Margin	29.20%	31.15%	31.79%	31.75%	32.73%	35.57%
Operating Margin	6.13%	6.79%	6.68%	5.30%	6.05%	5.78%
Profit Margin	1.15%	1.98%	1.29%	0.05%	-6.56%	0.18%
Free Cash Flow Margin	8.96%	6.87%	4.51%	3.96%	4.33%	4.84%
EBITDA	1,438	1,517	1,452	1,275	1,347	1,224
EBITDA Margin	18.51%	16.41%	14.71%	12.60%	12.83%	11.79%
D&A For EBITDA	961.66	889.37	792.99	739.01	712	624
EBIT	476.06	627.16	658.87	536.44	634.8	600.11
EBIT Margin	6.13%	6.79%	6.68%	5.30%	6.05%	5.78%
Effective Tax Rate	33.12%	27.97%	30.62%	68.85%	-	73.77%
Revenue as Reported	1,757	9,242	9,870	10,120	10,500	10,385
Advertising Expenses	-	109.62	119.86	133.01	127.89	185.19