SHA:600826 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	1,631	1,618	1,633	1,412	769.07	916
Other Revenue	7.76	7.76	10.73	9.52	4.02	8.93
Revenue	1,639	1,626	1,643	1,422	773.09	924.93
Revenue Growth (YoY)	-3.51%	-1.07%	15.58%	83.93%	-16.42%	-68.98%
Cost of Revenue	1,052	1,031	1,109	969.64	481.78	650.74
Gross Profit	586.88	594.91	534.74	452.32	291.31	274.2
Selling, General & Admin	298.55	293	297.18	249.2	202.73	209.54
Research & Development	2.97	3.15	1.85	0.74	0.59	-
Other Operating Expenses	10.72	13.76	10.57	8.41	4.73	4.33
Operating Expenses	317.85	315.52	314.21	252.72	214.34	216.73
Operating Income	269.04	279.39	220.52	199.59	76.97	57.47
Interest Expense	-16.49	-16.49	-21.4	-33.47	-33.94	-28.49
Interest & Investment Income	137.9	124	112.1	171.08	134.82	146.51
Currency Exchange Gain (Loss)	-1.53	-1.53	-0.06	0.15	0.43	-0.79
Other Non Operating Income (Expenses)	-0.93	-0.18	-0.94	1.04	-0.5	-0.22
EBT Excluding Unusual Items	387.99	385.2	310.23	338.39	177.78	174.48
Impairment of Goodwill	-3.79	-3.79	-	-	-2.94	-
Gain (Loss) on Sale of Investments	69.67	61.12	82.61	-39.81	-118.76	-43.62
Gain (Loss) on Sale of Assets	0.01	0.01	-0.36	53.35	2.68	0.23
Asset Writedown	-	-	-	-	-0.02	-0
Other Unusual Items	16.76	16.76	19.86	25.16	65.72	10
Pretax Income	470.63	459.29	412.35	377.09	124.46	141.08
Income Tax Expense	104.83	100.1	77.5	61.85	14.88	12.47
Earnings From Continuing Operations	365.81	359.19	334.85	315.24	109.58	128.61
Net Income to Company	365.81	359.19	334.85	315.24	109.58	128.61
Minority Interest in Earnings	-28.72	-33.45	-28.01	-39.9	4.93	-8.61
Net Income	337.09	325.74	306.84	275.35	114.51	120
Net Income to Common	337.09	325.74	306.84	275.35	114.51	120
Net Income Growth	17.25%	6.16%	11.44%	140.46%	-4.58%	-13.27%
Shares Outstanding (Basic)	662	724	724	741	763	764
Shares Outstanding (Diluted)	662	724	724	741	763	764
Shares Change (YoY)	-8.55%	-0.04%	-2.32%	-2.88%	-0.06%	1.75%
EPS (Basic)	0.51	0.45	0.42	0.37	0.15	0.16
EPS (Diluted)	0.51	0.45	0.42	0.37	0.15	0.16
EPS Growth	28.22%	6.21%	14.08%	147.60%	-4.52%	-14.76%
Free Cash Flow	362.57	355.25	276.41	-731.3	441.89	122.55
Free Cash Flow Per Share	0.55	0.49	0.38	-0.99	0.58	0.16
Dividend Per Share	-	0.300	0.280	0.200	0.078	0.081
Dividend Growth	-	7.14%	40.00%	156.74%	-3.47%	-13.13%
Gross Margin	35.82%	36.59%	32.54%	31.81%	37.68%	29.64%
Operating Margin	16.42%	17.18%	13.42%	14.04%	9.96%	6.21%
Profit Margin	20.57%	20.03%	18.67%	19.36%	14.81%	12.97%
Free Cash Flow Margin	22.13%	21.85%	16.82%	-51.43%	57.16%	13.25%
EBITDA	285.84	296.17	237.23	211.29	81.17	61.06
EBITDA Margin	17.44%	18.21%	14.44%	14.86%	10.50%	6.60%
D&A For EBITDA	16.8	16.78	16.71	11.69	4.2	3.59
EBIT	269.04	279.39	220.52	199.59	76.97	57.47
EBIT Margin	16.42%	17.18%	13.42%	14.04%	9.96%	6.21%
Effective Tax Rate	22.27%	21.79%	18.80%	16.40%	11.96%	8.84%
Revenue as Reported	1,626	1,626	1,643	1,422	773.09	924.93
Advertising Expenses	-	6.62	1.45	0.92	0.54	0.02