SHA:600989 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	47,819	32,804	28,892	28,257	23,222
Other Revenue	218.41	179.06	243.7	172.9	77.68
Revenue	48,038	32,983	29,136	28,430	23,300
Revenue Growth (YoY)	45.64%	13.21%	2.48%	22.02%	46.28%
Cost of Revenue	30,788	22,050	20,279	19,118	13,480
Gross Profit	17,250	10,933	8,857	9,312	9,820
Selling, General & Admin	1,439	992.29	854.51	714.05	643.52
Research & Development	961.15	756.14	431.07	150.85	132.54
Other Operating Expenses	372.4	641.15	454.2	406.42	348.59
Operating Expenses	2,773	2,390	1,739	1,272	1,125
Operating Income	14,477	8,543	7,117	8,040	8,696
Interest Expense	-926.38	-712.69	-286.79	-149.99	-173.11
Interest & Investment Income	399.46	40.83	54.62	25.43	48.46
Currency Exchange Gain (Loss)	-1.09	-0.24	2.78	0.68	-1.79
Other Non Operating Income (Expenses)	-260.03	-70.52	-72.88	-109.75	-442.93
EBT Excluding Unusual Items	13,689	7,801	6,815	7,807	8,126
Gain (Loss) on Sale of Investments	-	-	-	-	-0.04
Gain (Loss) on Sale of Assets	2.45	0.65	-77.56	-101.59	-34.66
Asset Writedown	-110.63	-115.58	-	-	-
Other Unusual Items	-592.76	-399.33	-270.57	-397.78	29.26
Pretax Income	12,988	7,286	6,467	7,307	8,121
Income Tax Expense	1,638	948.65	816.17	1,005	1,050
Net Income	11,350	6,338	5,651	6,303	7,070
Preferred Dividends & Other Adjustments	14.46	6.17	-	-	-
Net Income to Common	11,336	6,332	5,651	6,303	7,070
Net Income Growth	79.09%	12.16%	-10.34%	-10.86%	52.95%
Shares Outstanding (Basic)	7,280	7,314	7,314	7,314	7,321
Shares Outstanding (Diluted)	7,285	7,314	7,314	7,314	7,321
Shares Change (YoY)	-0.39%	0.00%	-	-0.10%	-0.17%
EPS (Basic)	1.56	0.87	0.77	0.86	0.97
EPS (Diluted)	1.56	0.87	0.77	0.86	0.97
EPS Growth	79.86%	12.43%	-10.46%	-10.95%	53.30%
Free Cash Flow	10,208	-2,631	-4,150	-3,351	1,131
Free Cash Flow Per Share	1.40	-0.36	-0.57	-0.46	0.15
Dividend Per Share	0.772	0.460	0.280	0.280	0.321
Dividend Growth	67.92%	64.21%	-	-12.77%	14.64%
Gross Margin	35.91%	33.15%	30.40%	32.75%	42.15%
Operating Margin	30.14%	25.90%	24.43%	28.28%	37.32%
Profit Margin	23.60%	19.20%	19.39%	22.17%	30.34%
Free Cash Flow Margin	21.25%	-7.98%	-14.24%	-11.79%	4.85%
EBITDA	17,483	10,692	8,905	9,439	10,008
EBITDA Margin	36.39%	32.42%	30.56%	33.20%	42.95%
D&A For EBITDA	3,006	2,149	1,788	1,399	1,313
EBIT	14,477	8,543	7,117	8,040	8,696
EBIT Margin	30.14%	25.90%	24.43%	28.28%	37.32%
Effective Tax Rate	12.61%	13.02%	12.62%	13.75%	12.93%
Revenue as Reported	48,038	32,983	29,136	28,430	23,300
Advertising Expenses	-	-	-	5.32	8.79

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.