SHA:600862 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	4,933	4,993	4,681	4,346	3,730	2,860
Other Revenue	79.37	79.37	98.16	100.19	77.27	51.35
Revenue	5,013	5,072	4,780	4,446	3,808	2,912
Revenue Growth (YoY)	0.69%	6.12%	7.50%	16.77%	30.77%	17.72%
Cost of Revenue	3,119	3,145	3,056	3,090	2,677	2,053
Gross Profit	1,893	1,927	1,724	1,357	1,130	858.45
Selling, General & Admin	374.12	365.83	360.32	294.69	277.7	291.07
Research & Development	247.98	197.87	175.52	163.32	151.24	90.64
Other Operating Expenses	10.4	20.02	23.73	33.77	31.45	22.19
Operating Expenses	651.89	593.11	566.79	509.79	490.43	427.24
Operating Income	1,241	1,334	1,157	846.75	639.77	431.21
Interest Expense	-6.12	-6.33	-4.02	-3.18	-13.41	-17.48
Interest & Investment Income	10.59	23.17	57.16	37.49	42.35	36.4
Currency Exchange Gain (Loss)	1.67	1.67	0.92	0.04	0.01	-0.02
Other Non Operating Income (Expenses)	-1.32	-3.12	-1.39	-4.37	-3.17	3.66
EBT Excluding Unusual Items	1,246	1,349	1,210	876.73	665.55	453.77
Gain (Loss) on Sale of Investments	-25.6	-7.01	-	-	-	-
Gain (Loss) on Sale of Assets	19.24	14.68	0.25	3.01	1.55	-0.21
Asset Writedown	-0.01	-0.01	-0.53	-	-0.09	-
Legal Settlements	-0.3	-0.3	-0.53	-0.3	-0.92	-0.5
Other Unusual Items	0.95	0.95	4.19	14.16	39.67	63.41
Pretax Income	1,240	1,357	1,213	893.59	705.76	516.48
Income Tax Expense	179.38	187.82	175.42	126.88	114.48	86.63
Earnings From Continuing Operations	1,061	1,169	1,038	766.71	591.28	429.85
Minority Interest in Earnings	-14.08	-16.8	-6.17	-2.07	0.13	1.05
Net Income	1,047	1,153	1,031	764.64	591.41	430.9
Net Income to Common	1,047	1,153	1,031	764.64	591.41	430.9
Net Income Growth	-4.74%	11.75%	34.90%	29.29%	37.25%	-21.88%
Shares Outstanding (Basic)	1,389	1,389	1,394	1,390	1,408	1,390
Shares Outstanding (Diluted)	1,389	1,389	1,394	1,390	1,408	1,390
Shares Change (YoY)	-0.30%	-0.37%	0.26%	-1.27%	1.30%	0.80%
EPS (Basic)	0.75	0.83	0.74	0.55	0.42	0.31
EPS (Diluted)	0.75	0.83	0.74	0.55	0.42	0.31
EPS Growth	-4.45%	12.16%	34.54%	30.95%	35.48%	-22.50%
Free Cash Flow	1,109	340.42	194.85	172.07	271.11	64.24
Free Cash Flow Per Share	0.80	0.24	0.14	0.12	0.19	0.05
Dividend Per Share	0.249	0.249	0.223	0.165	0.128	0.093
Dividend Growth	11.66%	11.66%	35.15%	28.91%	37.63%	-41.88%
Gross Margin	37.77%	37.99%	36.07%	30.51%	29.68%	29.48%
Operating Margin	24.77%	26.29%	24.21%	19.05%	16.80%	14.81%
Profit Margin	20.89%	22.73%	21.58%	17.20%	15.53%	14.80%
Free Cash Flow Margin	22.12%	6.71%	4.08%	3.87%	7.12%	2.21%
EBITDA	1,392	1,477	1,291	974.56	799.36	565.22
EBITDA Margin	27.78%	29.13%	27.01%	21.92%	20.99%	19.41%
D&A For EBITDA	151.03	143.71	133.94	127.81	159.59	134.01
EBIT	1,241	1,334	1,157	846.75	639.77	431.21
EBIT Margin	24.77%	26.29%	24.21%	19.05%	16.80%	14.81%
Effective Tax Rate	14.46%	13.84%	14.46%	14.20%	16.22%	16.77%
Revenue as Reported	5,013	5,072	4,780	4,446	3,808	2,912
Advertising Expenses	-	7.55	1.43	0.15	0.87	1.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.