SHA:600826 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	1,726	1,633	1,412	769.07	916	2,970
Other Revenue	10.73	10.73	9.52	4.02	8.93	12.26
Revenue	1,737	1,643	1,422	773.09	924.93	2,982
Revenue Growth (YoY)	24.92%	15.58%	83.93%	-16.42%	-68.98%	46.36%
Cost of Revenue	1,179	1,109	969.64	481.78	650.74	2,669
Gross Profit	557.59	534.74	452.32	291.31	274.2	313.63
Selling, General & Admin	307.18	297.18	249.2	202.73	209.54	284.05
Research & Development	2.35	1.85	0.74	0.59	-	-
Other Operating Expenses	22.35	10.57	8.41	4.73	4.33	8.03
Operating Expenses	338.23	314.21	252.72	214.34	216.73	295.24
Operating Income	219.37	220.52	199.59	76.97	57.47	18.39
Interest Expense	-17.54	-21.4	-33.47	-33.94	-28.49	-1.16
Interest & Investment Income	101.35	112.1	171.08	134.82	146.51	158
Currency Exchange Gain (Loss)	-0.06	-0.06	0.15	0.43	-0.79	5.28
Other Non Operating Income (Expenses)	-0.89	-0.94	1.04	-0.5	-0.22	-3.79
EBT Excluding Unusual Items	302.23	310.23	338.39	177.78	174.48	176.72
Impairment of Goodwill	-	-	-	-2.94	-	-
Gain (Loss) on Sale of Investments	84.78	82.61	-39.81	-118.76	-43.62	-7.43
Gain (Loss) on Sale of Assets	-0.07	-0.36	53.35	2.68	0.23	0
Asset Writedown	0.02	-	-	-0.02	-0	-
Other Unusual Items	26.46	19.86	25.16	65.72	10	17.37
Pretax Income	413.42	412.35	377.09	124.46	141.08	186.66
Income Tax Expense	99.11	77.5	61.85	14.88	12.47	42.05
Earnings From Continuing Operations	314.31	334.85	315.24	109.58	128.61	144.62
Net Income to Company	314.31	334.85	315.24	109.58	128.61	144.62
Minority Interest in Earnings	-28.74	-28.01	-39.9	4.93	-8.61	-6.26
Net Income	285.57	306.84	275.35	114.51	120	138.35
Net Income to Common	285.57	306.84	275.35	114.51	120	138.35
Net Income Growth	21.38%	11.44%	140.46%	-4.58%	-13.27%	-55.80%
Shares Outstanding (Basic)	724	724	741	763	764	751
Shares Outstanding (Diluted)	724	724	741	763	764	751
Shares Change (YoY)	-1.13%	-2.32%	-2.88%	-0.06%	1.75%	0.03%
EPS (Basic)	0.39	0.42	0.37	0.15	0.16	0.18
EPS (Diluted)	0.39	0.42	0.37	0.15	0.16	0.18
EPS Growth	22.76%	14.08%	147.60%	-4.52%	-14.76%	-55.81%
Free Cash Flow	412.14	276.41	-731.3	441.89	122.55	-79.18
Free Cash Flow Per Share	0.57	0.38	-0.99	0.58	0.16	-0.10
Dividend Per Share	0.280	0.280	0.200	0.078	0.081	0.093
Dividend Growth	7.69%	40.00%	156.74%	-3.47%	-13.13%	-
Gross Margin	32.11%	32.54%	31.81%	37.68%	29.64%	10.52%
Operating Margin	12.63%	13.42%	14.04%	9.96%	6.21%	0.62%
Profit Margin	16.44%	18.67%	19.36%	14.81%	12.97%	4.64%
Free Cash Flow Margin	23.73%	16.82%	-51.43%	57.16%	13.25%	-2.66%
EBITDA	239.84	237.23	211.29	81.17	61.06	22.04
EBITDA Margin	13.81%	14.44%	14.86%	10.50%	6.60%	0.74%
D&A For EBITDA	20.47	16.71	11.69	4.2	3.59	3.66
EBIT	219.37	220.52	199.59	76.97	57.47	18.39
EBIT Margin	12.63%	13.42%	14.04%	9.96%	6.21%	0.62%
Effective Tax Rate	23.97%	18.80%	16.40%	11.96%	8.84%	22.53%
Revenue as Reported	1,737	1,643	1,422	773.09	924.93	2,982
Advertising Expenses	-	1.45	0.92	0.54	0.02	-

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