SHA:600866 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	2015 - 2019
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	2015 - 2019
Operating Revenue	15,998	16,710	16,891	17,074	3,970	1,106	Upgrade
Other Revenue	624.13	624.13	482.72	412.8	100.95	10.21	Upgrade
Revenue	16,622	17,334	17,374	17,486	4,071	1,116	Upgrade
Revenue Growth (YoY)	-4.66%	-0.23%	-0.64%	329.51%	264.72%	6.35%	Upgrade
Cost of Revenue	13,398	14,393	14,976	14,488	3,276	750.43	Upgrade
Gross Profit	3,224	2,942	2,397	2,998	794.87	365.84	Upgrade
Selling, General & Admin	1,109	1,076	947.17	935.84	365.04	139.39	Upgrade
Research & Development	174.29	169.78	179.31	177.98	98.83	57.64	Upgrade
Other Operating Expenses	103.44	104.97	80.35	118.9	8.21	13.14	Upgrade
Operating Expenses	1,381	1,346	1,213	1,236	469.21	210.5	Upgrade
Operating Income	1,843	1,596	1,185	1,762	325.66	155.35	Upgrade
Interest Expense	-76.48	-109.68	-173.46	-243.29	-83.35	-13.88	Upgrade
Interest & Investment Income	45.49	14.85	21.43	15.5	7.26	7.75	Upgrade
Currency Exchange Gain (Loss)	37.4	37.4	-8.33	-76.91	6.6	-2.36	Upgrade
Other Non Operating Income (Expenses)	-29.23	-19.65	-14.12	-40.35	4.97	-0.23	Upgrade
EBT Excluding Unusual Items	1,820	1,519	1,010	1,417	261.14	146.63	Upgrade
Impairment of Goodwill	-91.91	-91.91	-93.7	-12.34	-	-	Upgrade
Gain (Loss) on Sale of Investments	-130.31	-237.67	-66.94	3.6	8.79	-	Upgrade
Gain (Loss) on Sale of Assets	23.07	28.69	0.3	4.35	0.83	1.12	Upgrade
Asset Writedown	-30.22	-6.9	-14.15	-17.14	-4.31	-6.87	Upgrade
Other Unusual Items	21.43	21.92	27.88	27.72	11.81	15.77	Upgrade
Pretax Income	1,612	1,233	863.62	1,424	278.26	156.64	Upgrade
Income Tax Expense	329.82	283.27	177.92	240.56	29.18	7.93	Upgrade
Earnings From Continuing Operations	1,282	949.81	685.7	1,183	249.07	148.71	Upgrade
Minority Interest in Earnings	-1.17	-6.66	-7.74	-574.66	-96.94	-	Upgrade
Net Income	1,281	943.15	677.95	608.33	152.14	148.71	Upgrade
Net Income to Common	1,281	943.15	677.95	608.33	152.14	148.71	Upgrade
Net Income Growth	47.97%	39.12%	11.45%	299.85%	2.31%	-0.56%	Upgrade
Shares Outstanding (Basic)	1,661	1,661	1,662	1,188	807	739	Upgrade
Shares Outstanding (Diluted)	1,661	1,661	1,662	1,188	807	739	Upgrade
Shares Change (YoY)	-0.03%	-0.02%	39.91%	47.23%	9.14%	0.03%	Upgrade
EPS (Basic)	0.77	0.57	0.41	0.51	0.19	0.20	Upgrade
EPS (Diluted)	0.77	0.57	0.41	0.51	0.19	0.20	Upgrade
EPS Growth	48.01%	39.14%	-20.34%	171.58%	-6.26%	-0.59%	Upgrade
Free Cash Flow	478.63	1,759	1,650	1,210	-181.59	-39.91	Upgrade
Free Cash Flow Per Share	0.29	1.06	0.99	1.02	-0.23	-0.05	Upgrade
Dividend Per Share	0.380	0.380	0.380	-	-	-	Upgrade
Gross Margin	19.39%	16.97%	13.80%	17.15%	19.52%	32.77%	Upgrade
Operating Margin	11.09%	9.21%	6.82%	10.08%	8.00%	13.92%	Upgrade
Profit Margin	7.71%	5.44%	3.90%	3.48%	3.74%	13.32%	Upgrade
Free Cash Flow Margin	2.88%	10.15%	9.50%	6.92%	-4.46%	-3.57%	Upgrade
EBITDA	2,662	2,429	2,035	2,742	429.11	243.28	Upgrade
EBITDA Margin	16.02%	14.01%	11.71%	15.68%	10.54%	21.79%	Upgrade
D&A For EBITDA	819.59	832.89	850.63	979.49	103.45	87.93	Upgrade
EBIT	1,843	1,596	1,185	1,762	325.66	155.35	Upgrade
EBIT Margin	11.09%	9.21%	6.82%	10.08%	8.00%	13.92%	Upgrade
Effective Tax Rate	20.46%	22.97%	20.60%	16.90%	10.49%	5.06%	Upgrade
Revenue as Reported	16,622	17,334	17,374	17,486	4,071	1,116	Upgrade
Advertising Expenses	-	51.05	62.42	17.7	4.96	1.87	Upgrade

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