SHA:600853 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	17,200	17,598	16,840	16,351	14,631	11,695
Other Revenue	692.43	692.43	588.27	607.84	567.34	142.11
Revenue	17,892	18,290	17,428	16,959	15,198	11,837
Revenue Growth (YoY)	-0.07%	4.95%	2.77%	11.58%	28.39%	6.58%
Cost of Revenue	15,782	16,144	15,389	15,104	13,284	10,727
Gross Profit	2,110	2,146	2,039	1,855	1,915	1,110
Selling, General & Admin	548.7	542.88	543.28	483.41	416.06	335.69
Research & Development	562.51	583.73	559.8	492.1	620.76	170.55
Other Operating Expenses	121.52	111.79	72.04	72.18	81.5	57.12
Operating Expenses	1,285	1,295	1,240	1,074	1,112	576.57
Operating Income	824.43	851.22	799.44	780.91	803.08	533.62
Interest Expense	-568.87	-624.96	-611.88	-666.49	-521.4	-256.98
Interest & Investment Income	309.4	340.42	327.88	404.85	124.94	36.21
Currency Exchange Gain (Loss)	-0.17	-0.17	0.16	-0.22	-0.81	-0.21
Other Non Operating Income (Expenses)	-51.82	-46.98	-17.32	-49.8	-39	-34.49
EBT Excluding Unusual Items	512.98	519.54	498.28	469.24	366.81	278.16
Gain (Loss) on Sale of Investments	-17.55	-17.55	-	-4.96	-3.8	-
Gain (Loss) on Sale of Assets	0.05	1.28	1.01	1.74	5.35	-0.55
Asset Writedown	1.9	-	-	-	-	-
Legal Settlements	-0.38	-0.38	-0.47	-0.33	-0.22	-0.41
Other Unusual Items	19.87	12.62	0.9	10.97	5.02	3.62
Pretax Income	516.87	515.51	499.72	476.66	373.17	280.81
Income Tax Expense	73.65	87.9	88.37	76.48	53.58	58.02
Earnings From Continuing Operations	443.22	427.61	411.35	400.17	319.58	222.8
Minority Interest in Earnings	-7.96	-14.65	-77.21	-50.82	-50.75	1.66
Net Income	435.26	412.96	334.14	349.35	268.84	224.45
Net Income to Common	435.26	412.96	334.14	349.35	268.84	224.45
Net Income Growth	9.44%	23.59%	-4.35%	29.95%	19.77%	0.56%
Shares Outstanding (Basic)	1,013	1,007	1,013	1,027	996	1,005
Shares Outstanding (Diluted)	1,013	1,007	1,013	1,027	996	1,005
Shares Change (YoY)	-4.25%	-0.53%	-1.46%	3.19%	-0.90%	-0.03%
EPS (Basic)	0.43	0.41	0.33	0.34	0.27	0.22
EPS (Diluted)	0.43	0.41	0.33	0.34	0.27	0.22
EPS Growth	14.30%	24.24%	-2.94%	25.93%	20.86%	0.58%
Free Cash Flow	1,641	2,554	-1,689	9.17	-2,282	2,034
Free Cash Flow Per Share	1.62	2.54	-1.67	0.01	-2.29	2.02
Dividend Per Share	0.040	0.040	0.035	0.035	0.035	0.017
Dividend Growth	14.29%	14.29%	-	-	109.58%	-33.20%
Gross Margin	11.79%	11.73%	11.70%	10.94%	12.60%	9.38%
Operating Margin	4.61%	4.65%	4.59%	4.61%	5.28%	4.51%
Profit Margin	2.43%	2.26%	1.92%	2.06%	1.77%	1.90%
Free Cash Flow Margin	9.17%	13.96%	-9.69%	0.05%	-15.02%	17.19%
EBITDA	1,041	1,047	967.18	892.85	907.17	621.6
EBITDA Margin	5.82%	5.72%	5.55%	5.27%	5.97%	5.25%
D&A For EBITDA	216.26	195.46	167.73	111.95	104.09	87.98
EBIT	824.43	851.22	799.44	780.91	803.08	533.62
EBIT Margin	4.61%	4.65%	4.59%	4.61%	5.28%	4.51%
Effective Tax Rate	14.25%	17.05%	17.68%	16.05%	14.36%	20.66%
Revenue as Reported	17,892	18,290	17,428	16,959	15,198	11,837

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