SHA:600887 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	115,728	114,121	124,461	121,149	108,462	95,345
Other Revenue	1,576	1,659	1,719	2,022	2,133	1,540
Revenue	117,304	115,780	126,179	123,171	110,595	96,886
Revenue Growth (YoY)	-0.43%	-8.24%	2.44%	11.37%	14.15%	7.38%
Cost of Revenue	78,163	77,582	86,063	83,711	76,628	67,608
Gross Profit	39,141	38,198	40,117	39,460	33,967	29,277
Selling, General & Admin	25,947	26,447	27,726	28,251	23,542	20,766
Research & Development	941.35	869.98	850.15	821.55	601.02	487.1
Other Operating Expenses	73.83	110.36	-365.19	741.78	663.58	546.5
Operating Expenses	26,705	27,461	28,216	29,921	24,915	21,801
Operating Income	12,435	10,737	11,901	9,539	9,053	7,477
Interest Expense	-1,326	-1,820	-2,193	-1,403	-809.51	-494.32
Interest & Investment Income	2,081	4,872	2,479	2,004	1,213	1,152
Currency Exchange Gain (Loss)	11.83	11.83	-68.51	-66.93	116.4	-221.77
Other Non Operating Income (Expenses)	-984.07	-522.37	-314.19	-290.19	-29.9	-11.46
EBT Excluding Unusual Items	12,218	13,280	11,804	9,784	9,543	7,901
Impairment of Goodwill	-3,075	-3,075	-	-174.5	-55.26	-165.99
Gain (Loss) on Sale of Investments	84.96	-28.15	247.1	94.15	120.59	171.09
Gain (Loss) on Sale of Assets	-54.13	-57.29	-44.06	-23.25	-49.42	-21.01
Asset Writedown	-51.6	-373.21	-303.71	-25.65	-161.06	-17.99
Other Unusual Items	381.1	381.1	17.7	975.66	714.45	282.95
Pretax Income	9,503	10,127	11,721	10,630	10,112	8,150
Income Tax Expense	1,516	1,663	1,437	1,312	1,380	1,051
Earnings From Continuing Operations	7,987	8,464	10,284	9,318	8,732	7,099
Minority Interest in Earnings	23.48	-10.85	144.23	112.86	-27.11	-20.76
Net Income	8,010	8,453	10,429	9,431	8,705	7,078
Net Income to Common	8,010	8,453	10,429	9,431	8,705	7,078
Net Income Growth	-32.78%	-18.95%	10.58%	8.34%	22.98%	2.08%
Shares Outstanding (Basic)	6,328	6,356	6,359	6,372	6,087	6,050
Shares Outstanding (Diluted)	6,328	6,356	6,359	6,372	6,087	6,050
Shares Change (YoY)	-0.19%	-0.05%	-0.21%	4.68%	0.62%	0.34%
EPS (Basic)	1.27	1.33	1.64	1.48	1.43	1.17
EPS (Diluted)	1.27	1.33	1.64	1.48	1.43	1.17
EPS Growth	-32.65%	-18.90%	10.81%	3.50%	22.22%	1.74%
Free Cash Flow	14,019	17,761	11,335	6,774	8,845	3,329
Free Cash Flow Per Share	2.21	2.79	1.78	1.06	1.45	0.55
Dividend Per Share	1.700	1.220	1.200	1.040	0.960	0.820
Dividend Growth	41.67%	1.67%	15.38%	8.33%	17.07%	1.23%
Gross Margin	33.37%	32.99%	31.79%	32.04%	30.71%	30.22%
Operating Margin	10.60%	9.27%	9.43%	7.75%	8.19%	7.72%
Profit Margin	6.83%	7.30%	8.27%	7.66%	7.87%	7.31%
Free Cash Flow Margin	11.95%	15.34%	8.98%	5.50%	8.00%	3.44%
EBITDA	16,582	14,879	16,037	13,291	12,204	9,783
EBITDA Margin	14.14%	12.85%	12.71%	10.79%	11.04%	10.10%
D&A For EBITDA	4,147	4,142	4,135	3,752	3,151	2,306
EBIT	12,435	10,737	11,901	9,539	9,053	7,477
EBIT Margin	10.60%	9.27%	9.43%	7.75%	8.19%	7.72%
Effective Tax Rate	15.96%	16.42%	12.26%	12.34%	13.65%	12.90%
Revenue as Reported	117,304	115,780	126,179	123,171	110,595	96,886

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