SHA:600965 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	1,062	981.99	1,007	1,041	1,242	1,067	Upgrade
Other Revenue	39.55	39.55	39.61	32.89	26.67	19.11	Upgrade
Revenue	1,102	1,022	1,046	1,074	1,269	1,086	Upgrade
Revenue Growth (YoY)	20.21%	-2.36%	-2.57%	-15.34%	16.77%	-24.92%	Upgrade
Cost of Revenue	829.53	761.69	652.09	738.96	853.82	810.62	Upgrade
Gross Profit	272.42	259.85	394.19	334.93	414.68	275.71	Upgrade
Selling, General & Admin	164.98	178.44	219.29	186.78	217.51	197.55	Upgrade
Research & Development	0.35	0.32	2.13	2.94	16.44	29.56	Upgrade
Other Operating Expenses	7.19	6.65	6.67	7.37	7.45	6.82	Upgrade
Operating Expenses	172.59	184.93	230.2	202.29	242.69	234.86	Upgrade
Operating Income	99.83	74.93	163.99	132.64	172	40.86	Upgrade
Interest Expense	-4.83	-4.07	-3.62	-6.77	-6.43	-9.23	Upgrade
Interest & Investment Income	1.78	2.19	7.94	16.51	26.44	35.61	Upgrade
Currency Exchange Gain (Loss)	0	0	-0.07	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-2.97	-1.16	-31.4	-2.06	-5	46.54	Upgrade
EBT Excluding Unusual Items	93.81	71.89	136.84	140.32	187	113.78	Upgrade
Impairment of Goodwill	-	-	-6.49	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-0.17	-4.08	0.05	3.9	-0.62	1.87	Upgrade
Asset Writedown	-7.37	-7.37	-13.18	-15	-	-	Upgrade
Legal Settlements	-	-	-	-19.18	-	-	Upgrade
Other Unusual Items	9.43	9.43	5.9	6.14	3.09	2.09	Upgrade
Pretax Income	96.42	69.87	123.81	120.94	189.46	117.73	Upgrade
Income Tax Expense	14.68	14.06	26.66	16.25	39.91	9.98	Upgrade
Earnings From Continuing Operations	81.74	55.81	97.15	104.69	149.55	107.75	Upgrade
Net Income to Company	81.74	55.81	97.15	104.69	149.55	107.75	Upgrade
Minority Interest in Earnings	-5.2	-4.11	1.44	5.11	0.78	13.01	Upgrade
Net Income	76.55	51.7	98.59	109.8	150.34	120.76	Upgrade
Net Income to Common	76.55	51.7	98.59	109.8	150.34	120.76	Upgrade
Net Income Growth	-	-47.56%	-10.21%	-26.96%	24.49%	-42.37%	Upgrade
Shares Outstanding (Basic)	853	819	819	819	819	819	Upgrade
Shares Outstanding (Diluted)	853	819	819	819	819	819	Upgrade
Shares Change (YoY)	14.14%	0.06%	0.01%	-0.00%	0.02%	-0.02%	Upgrade
EPS (Basic)	0.09	0.06	0.12	0.13	0.18	0.15	Upgrade
EPS (Diluted)	0.09	0.06	0.12	0.13	0.18	0.15	Upgrade
EPS Growth	-	-47.59%	-10.22%	-26.96%	24.47%	-42.36%	Upgrade
Free Cash Flow	-2.31	-61.11	-510.04	-86.18	-35.08	199.36	Upgrade
Free Cash Flow Per Share	-0.00	-0.07	-0.62	-0.10	-0.04	0.24	Upgrade
Dividend Per Share	0.038	0.038	0.049	0.054	0.120	0.100	Upgrade
Dividend Growth	-22.45%	-22.45%	-9.26%	-55.00%	20.00%	-33.33%	Upgrade
Gross Margin	24.72%	25.44%	37.67%	31.19%	32.69%	25.38%	Upgrade
Operating Margin	9.06%	7.33%	15.67%	12.35%	13.56%	3.76%	Upgrade
Profit Margin	6.95%	5.06%	9.42%	10.22%	11.85%	11.12%	Upgrade
Free Cash Flow Margin	-0.21%	-5.98%	-48.75%	-8.03%	-2.77%	18.35%	Upgrade
EBITDA	194.89	167.06	252.23	195.91	222.35	76.22	Upgrade
EBITDA Margin	17.69%	16.35%	24.11%	18.24%	17.53%	7.02%	Upgrade
D&A For EBITDA	95.06	92.14	88.23	63.27	50.35	35.36	Upgrade
EBIT	99.83	74.93	163.99	132.64	172	40.86	Upgrade
EBIT Margin	9.06%	7.33%	15.67%	12.35%	13.56%	3.76%	Upgrade
Effective Tax Rate	15.22%	20.12%	21.54%	13.44%	21.07%	8.48%	Upgrade
Revenue as Reported	1,102	1,022	1,046	1,074	1,269	1,086	Upgrade
Advertising Expenses	-	-	-	2.22	-	-	Upgrade

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