SHA:600854 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	59.66	54.78	127.68	227.12	171.57	195.73
Other Revenue	37.2	37.2	45.31	54.7	64.29	59.69
Revenue	96.86	91.98	172.99	281.83	235.86	255.42
Revenue Growth (YoY)	-3.59%	-46.83%	-38.62%	19.49%	-7.66%	28.80%
Cost of Revenue	64.49	49.47	81.19	128.69	131.04	177.33
Gross Profit	32.37	42.51	91.8	153.14	104.82	78.09
Selling, General & Admin	50.48	50.36	52.41	54.73	84.22	76.17
Research & Development	1.55	1.12	1.18	0.76	0.92	1.04
Other Operating Expenses	12.6	15.33	12.44	16.91	14.16	16
Operating Expenses	65.41	67.52	66.96	72.26	98.49	93.64
Operating Income	-33.04	-25.02	24.84	80.88	6.33	-15.55
Interest Expense	-0.07	-0.06	-0.09	-0.01	-	-
Interest & Investment Income	152.64	159.8	142.08	81.31	117.26	76.76
Other Non Operating Income (Expenses)	-1.31	0.12	-0.06	1.81	1.71	-0.44
EBT Excluding Unusual Items	118.22	134.85	166.77	163.99	125.29	60.77
Gain (Loss) on Sale of Assets	-0.42	-0.22	1.35	0.09	-1.14	-0.03
Asset Writedown	-	-	-	-	-3.6	-11.2
Other Unusual Items	3.44	3.44	2.84	2.02	3.99	2.66
Pretax Income	121.24	138.07	170.95	166.11	124.55	52.2
Income Tax Expense	2	3.23	15.49	29.46	20.53	10.16
Earnings From Continuing Operations	119.24	134.84	155.46	136.65	104.02	42.03
Minority Interest in Earnings	0.14	-1.5	-7.36	-13.79	-4.78	-2.2
Net Income	119.38	133.34	148.1	122.86	99.23	39.84
Net Income to Common	119.38	133.34	148.1	122.86	99.23	39.84
Net Income Growth	-19.45%	-9.97%	20.54%	23.81%	149.09%	47.77%
Shares Outstanding (Basic)	519	519	519	520	520	519
Shares Outstanding (Diluted)	519	519	519	520	520	519
Shares Change (YoY)	-0.03%	-0.01%	-0.01%	-0.01%	0.03%	-0.01%
EPS (Basic)	0.23	0.26	0.29	0.24	0.19	0.08
EPS (Diluted)	0.23	0.26	0.29	0.24	0.19	0.08
EPS Growth	-19.43%	-9.96%	20.55%	23.82%	149.02%	47.78%
Free Cash Flow	19.1	48.64	-18.75	89.94	295.18	33.12
Free Cash Flow Per Share	0.04	0.09	-0.04	0.17	0.57	0.06
Dividend Per Share	0.120	0.120	0.140	0.115	0.095	0.038
Dividend Growth	-14.29%	-14.29%	21.74%	21.05%	150.00%	-5.00%
Gross Margin	33.42%	46.21%	53.07%	54.34%	44.44%	30.57%
Operating Margin	-34.11%	-27.20%	14.36%	28.70%	2.68%	-6.09%
Profit Margin	123.25%	144.96%	85.61%	43.59%	42.07%	15.60%
Free Cash Flow Margin	19.72%	52.88%	-10.84%	31.91%	125.15%	12.97%
EBITDA	-8.73	-0.16	50.43	108.71	36.58	12.14
EBITDA Margin	-9.01%	-0.18%	29.15%	38.57%	15.51%	4.75%
D&A For EBITDA	24.31	24.86	25.58	27.83	30.25	27.69
EBIT	-33.04	-25.02	24.84	80.88	6.33	-15.55
EBIT Margin	-34.11%	-27.20%	14.36%	28.70%	2.68%	-6.09%
Effective Tax Rate	1.65%	2.34%	9.06%	17.73%	16.49%	19.47%
Revenue as Reported	96.86	91.98	172.99	281.83	235.86	255.42
Advertising Expenses	-	4.86	1.81	4.11	-	-

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