SHA:600839 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	108,342	107,903	102,651	96,352	91,007	98,013
Other Revenue	912.96	912.96	1,040	1,104	1,474	1,619
Revenue	109,255	108,816	103,691	97,456	92,482	99,632
Revenue Growth (YoY)	2.34%	4.94%	6.40%	5.38%	-7.18%	5.49%
Cost of Revenue	100,109	99,316	93,859	87,035	81,985	90,055
Gross Profit	9,147	9,500	9,832	10,421	10,496	9,577
Selling, General & Admin	5,537	5,633	5,611	5,729	5,616	5,970
Research & Development	2,212	2,259	2,142	2,213	2,303	2,093
Other Operating Expenses	331.75	360.64	256.98	469.49	510.39	472.1
Operating Expenses	8,160	8,273	8,153	8,843	9,123	8,796
Operating Income	986.5	1,226	1,679	1,578	1,373	781.06
Interest Expense	-448.39	-456.57	-528.5	-412.58	-384.69	-365.16
Interest & Investment Income	754.61	738.78	751.95	656.56	566.56	804.46
Currency Exchange Gain (Loss)	-42.69	-42.69	-56.94	-85.29	-142.64	-1.74
Other Non Operating Income (Expenses)	-231.33	-146.55	-173.49	-201.73	-174.27	-324.48
EBT Excluding Unusual Items	1,019	1,319	1,672	1,535	1,238	894.15
Impairment of Goodwill	-	-	-	-9.62	-19.61	-34.97
Gain (Loss) on Sale of Investments	896.06	1,104	95.91	271.34	1.5	25.43
Gain (Loss) on Sale of Assets	12	9.9	-0.66	-11.09	29.11	-283.93
Asset Writedown	71.6	-38.53	-41.68	-114.88	-90.8	-38.18
Legal Settlements	-	-	-	-	-89.07	-34.04
Other Unusual Items	282.31	282.31	309.29	368.72	378.25	359.59
Pretax Income	2,281	2,677	2,035	2,039	1,448	888.04
Income Tax Expense	640.54	685.98	229.5	240.98	313.23	212.62
Earnings From Continuing Operations	1,640	1,991	1,805	1,798	1,134	675.42
Minority Interest in Earnings	-898.25	-1,002	-1,102	-1,110	-666.51	-390.82
Net Income	741.88	988.89	703.52	687.7	467.87	284.6
Net Income to Common	741.88	988.89	703.52	687.7	467.87	284.6
Net Income Growth	-15.05%	40.56%	2.30%	46.98%	64.39%	527.35%
Shares Outstanding (Basic)	4,612	4,617	4,616	4,615	4,614	4,613
Shares Outstanding (Diluted)	4,612	4,617	4,616	4,615	4,614	4,613
Shares Change (YoY)	-0.13%	0.01%	0.02%	0.03%	0.03%	-0.36%
EPS (Basic)	0.16	0.21	0.15	0.15	0.10	0.06
EPS (Diluted)	0.16	0.21	0.15	0.15	0.10	0.06
EPS Growth	-14.94%	40.55%	2.28%	46.94%	64.34%	529.59%
Free Cash Flow	1,379	1,357	1,730	1,284	2,274	3,616
Free Cash Flow Per Share	0.30	0.29	0.38	0.28	0.49	0.78
Dividend Per Share	0.060	0.060	0.100	-	0.040	0.020
Dividend Growth	-40.00%	-40.00%	-	-	100.00%	100.00%
Gross Margin	8.37%	8.73%	9.48%	10.69%	11.35%	9.61%
Operating Margin	0.90%	1.13%	1.62%	1.62%	1.49%	0.78%
Profit Margin	0.68%	0.91%	0.68%	0.71%	0.51%	0.29%
Free Cash Flow Margin	1.26%	1.25%	1.67%	1.32%	2.46%	3.63%
EBITDA	2,109	2,384	2,979	2,870	2,499	1,980
EBITDA Margin	1.93%	2.19%	2.87%	2.94%	2.70%	1.99%
D&A For EBITDA	1,123	1,158	1,300	1,292	1,126	1,199
EBIT	986.5	1,226	1,679	1,578	1,373	781.06
EBIT Margin	0.90%	1.13%	1.62%	1.62%	1.49%	0.78%
Effective Tax Rate	28.09%	25.63%	11.28%	11.82%	21.64%	23.94%
Revenue as Reported	109,255	108,816	103,691	97,456	92,482	99,632

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