SHA:600893 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	46,571	45,659	47,265	43,103	36,570	33,665
Other Revenue	672.71	672.71	615.15	630.74	526.86	436.98
Revenue	47,244	46,331	47,880	43,734	37,097	34,102
Revenue Growth (YoY)	-1.11%	-3.23%	9.48%	17.89%	8.78%	19.10%
Cost of Revenue	43,082	42,339	43,327	39,480	33,404	30,461
Gross Profit	4,162	3,992	4,553	4,254	3,693	3,641
Selling, General & Admin	1,929	1,902	1,871	1,829	1,840	2,105
Research & Development	793.21	773.48	995.23	553.45	710.5	472.77
Other Operating Expenses	127.03	71.51	138.57	196.9	123.66	69.89
Operating Expenses	3,030	2,909	3,215	2,632	2,771	2,693
Operating Income	1,132	1,083	1,337	1,621	921.96	947.96
Interest Expense	-613.16	-612.87	-504.44	-295.98	-150.61	-142.34
Interest & Investment Income	358.82	368.03	206.69	456.34	473.39	512.02
Currency Exchange Gain (Loss)	-21.12	-21.12	22.79	19.78	87.96	-21.45
Other Non Operating Income (Expenses)	-40.93	-13.18	-23.06	-35.1	-27.46	-124.68
EBT Excluding Unusual Items	815.48	804.21	1,039	1,766	1,305	1,172
Gain (Loss) on Sale of Investments	-19	-8	-52	-145	31	-28
Gain (Loss) on Sale of Assets	31.4	31.77	-0.97	-14.11	-11.05	3.15
Asset Writedown	-4.66	-0.16	-9.04	-0.25	-30.88	-0.14
Other Unusual Items	79.6	79.6	158.52	101.57	262.75	260.88
Pretax Income	902.82	907.43	1,136	1,709	1,557	1,407
Income Tax Expense	181.04	169.72	152.44	189.56	205.69	176.26
Earnings From Continuing Operations	721.78	737.71	983.29	1,519	1,351	1,231
Minority Interest in Earnings	-92.41	-103.38	-123	-97.59	-84.15	-43.53
Net Income	629.38	634.33	860.29	1,421	1,267	1,188
Net Income to Common	629.38	634.33	860.29	1,421	1,267	1,188
Net Income Growth	-11.72%	-26.27%	-39.48%	12.17%	6.70%	3.63%
Shares Outstanding (Basic)	2,612	2,643	2,688	2,682	2,640	2,639
Shares Outstanding (Diluted)	2,612	2,643	2,688	2,682	2,640	2,639
Shares Change (YoY)	-2.99%	-1.69%	0.24%	1.59%	0.03%	12.85%
EPS (Basic)	0.24	0.24	0.32	0.53	0.48	0.45
EPS (Diluted)	0.24	0.24	0.32	0.53	0.48	0.45
EPS Growth	-9.00%	-25.00%	-39.62%	10.42%	6.67%	-8.16%
Free Cash Flow	-6,791	-8,186	-17,228	-10,083	-14,080	13,692
Free Cash Flow Per Share	-2.60	-3.10	-6.41	-3.76	-5.33	5.19
Dividend Per Share	0.072	0.072	0.097	0.160	0.145	0.135
Dividend Growth	-25.77%	-25.77%	-39.38%	10.35%	7.41%	3.85%
Gross Margin	8.81%	8.62%	9.51%	9.73%	9.96%	10.68%
Operating Margin	2.40%	2.34%	2.79%	3.71%	2.48%	2.78%
Profit Margin	1.33%	1.37%	1.80%	3.25%	3.42%	3.48%
Free Cash Flow Margin	-14.37%	-17.67%	-35.98%	-23.05%	-37.95%	40.15%
EBITDA	3,322	3,275	3,537	3,598	2,732	2,537
EBITDA Margin	7.03%	7.07%	7.39%	8.23%	7.36%	7.44%
D&A For EBITDA	2,190	2,192	2,200	1,977	1,810	1,589
EBIT	1,132	1,083	1,337	1,621	921.96	947.96
EBIT Margin	2.40%	2.34%	2.79%	3.71%	2.48%	2.78%
Effective Tax Rate	20.05%	18.70%	13.42%	11.09%	13.21%	12.52%
Revenue as Reported	47,244	46,331	47,880	43,734	37,097	34,102
Advertising Expenses	-	-	-	-	0.1	1.89

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