SHA:600916 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	74,131	69,789	60,196	56,035	46,858	50,637
Other Revenue	32.95	32.95	268.46	329.25	265.88	121.04
Revenue	74,164	69,822	60,464	56,364	47,124	50,758
Revenue Growth (YoY)	39.36%	15.48%	7.27%	19.61%	-7.16%	50.23%
Cost of Revenue	72,115	67,571	57,864	54,044	45,291	49,197
Gross Profit	2,048	2,251	2,601	2,321	1,833	1,561
Selling, General & Admin	738.01	715.16	691.43	687.32	595.87	599.01
Research & Development	10.7	11.85	12.67	27.33	27.78	14.62
Other Operating Expenses	58	64.38	69.74	79.27	68.71	77.5
Operating Expenses	807.89	799.32	765.92	808.18	704.45	698.46
Operating Income	1,241	1,452	1,835	1,513	1,129	862.63
Interest Expense	-38.66	-42.91	-61.19	-62.85	-72.11	-103.92
Interest & Investment Income	301.43	51.2	61.83	46.48	50.5	148.71
Other Non Operating Income (Expenses)	-3.06	-3.03	-33.65	-39.38	-4.39	-2.97
EBT Excluding Unusual Items	1,500	1,457	1,802	1,457	1,103	904.45
Gain (Loss) on Sale of Investments	-928	-1,170	-821.17	-412.42	-243.66	50.21
Gain (Loss) on Sale of Assets	0.21	0.03	0.21	1.81	-	-1.1
Asset Writedown	-245.56	-0.06	-0.01	-	-0.02	-0
Other Unusual Items	42.23	42.23	40.38	156.21	87.24	47.42
Pretax Income	369.14	329.87	1,021	1,203	946.54	1,001
Income Tax Expense	86.59	77.64	194.39	225.27	179.46	203.2
Earnings From Continuing Operations	282.55	252.23	826.73	977.24	767.07	797.77
Minority Interest in Earnings	22.07	23.2	-8.34	-3.76	-1.74	-3.34
Net Income	304.62	275.43	818.39	973.48	765.33	794.43
Net Income to Common	304.62	275.43	818.39	973.48	765.33	794.43
Net Income Growth	-48.34%	-66.34%	-15.93%	27.20%	-3.66%	58.84%
Shares Outstanding (Basic)	1,710	1,721	1,670	1,678	1,664	1,655
Shares Outstanding (Diluted)	1,710	1,721	1,670	1,678	1,664	1,655
Shares Change (YoY)	1.93%	3.07%	-0.49%	0.88%	0.53%	9.20%
EPS (Basic)	0.18	0.16	0.49	0.58	0.46	0.48
EPS (Diluted)	0.18	0.16	0.49	0.58	0.46	0.48
EPS Growth	-49.32%	-67.35%	-15.52%	26.09%	-4.17%	45.45%
Free Cash Flow	246.91	470.1	1,579	1,517	1,153	782.84
Free Cash Flow Per Share	0.14	0.27	0.95	0.90	0.69	0.47
Dividend Per Share	0.148	0.148	0.350	0.450	0.300	0.240
Dividend Growth	-57.71%	-57.71%	-22.22%	50.00%	25.00%	50.00%
Gross Margin	2.76%	3.22%	4.30%	4.12%	3.89%	3.08%
Operating Margin	1.67%	2.08%	3.03%	2.68%	2.40%	1.70%
Profit Margin	0.41%	0.39%	1.35%	1.73%	1.62%	1.57%
Free Cash Flow Margin	0.33%	0.67%	2.61%	2.69%	2.45%	1.54%
EBITDA	1,248	1,461	1,849	1,528	1,144	875.35
EBITDA Margin	1.68%	2.09%	3.06%	2.71%	2.43%	1.73%
D&A For EBITDA	7.45	8.76	14	15.42	14.67	12.72
EBIT	1,241	1,452	1,835	1,513	1,129	862.63
EBIT Margin	1.67%	2.08%	3.03%	2.68%	2.40%	1.70%
Effective Tax Rate	23.46%	23.54%	19.04%	18.73%	18.96%	20.30%
Revenue as Reported	74,164	69,822	60,464	56,364	47,124	50,758
Advertising Expenses	-	13.42	34.29	31.18	58.08	56.6

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