SHA:600989 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	Sep '26 Sep 30, 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	59,362	47,819	32,804	28,892	28,257	23,222
Other Revenue	218.41	218.41	179.06	243.7	172.9	77.68
Revenue	59,581	48,038	32,983	29,136	28,430	23,300
Revenue Growth	34.64%	45.64%	13.21%	2.48%	22.02%	46.28%
Cost of Revenue	35,425	30,788	22,050	20,279	19,118	13,480
Gross Profit	24,155	17,250	10,933	8,857	9,312	9,820
Selling, General & Admin	1,475	1,439	992.29	854.51	714.05	643.52
Research & Development	1,186	961.15	756.14	431.07	150.85	132.54
Other Operating Expenses	700.25	372.4	641.15	454.2	406.42	348.59
Operating Expenses	3,474	2,773	2,390	1,739	1,272	1,125
Operating Income	20,682	14,477	8,543	7,117	8,040	8,696
Interest Expense	-725.5	-926.38	-712.69	-286.79	-149.99	-173.11
Interest & Investment Income	10.03	399.46	40.83	54.62	25.43	48.46
Currency Exchange Gain (Loss)	-1.09	-1.09	-0.24	2.78	0.68	-1.79
Other Non Operating Income (Expenses)	-433.39	-260.03	-70.52	-72.88	-109.75	-442.93
EBT Excluding Unusual Items	19,532	13,689	7,801	6,815	7,807	8,126
Gain (Loss) on Sale of Investments	792.96	-	-	-	-	-0.04
Gain (Loss) on Sale of Assets	1.4	2.45	0.65	-77.56	-101.59	-34.66
Asset Writedown	-84.29	-110.63	-115.58	-	-	-
Other Unusual Items	-592.76	-592.76	-399.33	-270.57	-397.78	29.26
Pretax Income	19,649	12,988	7,286	6,467	7,307	8,121
Income Tax Expense	2,932	1,638	948.65	816.17	1,005	1,050
Net Income	16,717	11,350	6,338	5,651	6,303	7,070
Preferred Dividends & Other Adjustments	14.46	14.46	6.17	-	-	-
Net Income to Common	16,703	11,336	6,332	5,651	6,303	7,070
Net Income Growth	55.45%	79.04%	12.05%	-10.34%	-10.86%	52.95%
Shares Outstanding (Basic)	7,229	7,280	7,314	7,314	7,314	7,321
Shares Outstanding (Diluted)	7,234	7,285	7,314	7,314	7,314	7,321
Shares Change	-1.28%	-0.39%	0.00%	-	-0.10%	-0.17%
EPS (Basic)	2.31	1.56	0.87	0.77	0.86	0.97
EPS (Diluted)	2.31	1.56	0.87	0.77	0.86	0.97
EPS Growth	57.58%	79.86%	12.43%	-10.46%	-10.95%	53.30%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	13,433	10,208	-2,631	-4,150	-3,351	1,131
Free Cash Flow Per Share	1.86	1.40	-0.36	-0.57	-0.46	0.15
Dividend Per Share	0.912	0.772	0.460	0.280	0.280	0.321
Dividend Growth	23.29%	67.92%	64.21%	0%	-12.77%	14.64%
Gross Margin	40.54%	35.91%	33.15%	30.40%	32.75%	42.15%
Operating Margin	34.71%	30.14%	25.90%	24.43%	28.28%	37.32%
Profit Margin	28.03%	23.60%	19.20%	19.39%	22.17%	30.34%
Free Cash Flow Margin	22.55%	21.25%	-7.98%	-14.24%	-11.79%	4.85%
EBITDA	24,331	17,483	10,692	8,905	9,439	10,008
EBITDA Margin	40.84%	36.39%	32.42%	30.56%	33.20%	42.95%
D&A For EBITDA	3,649	3,006	2,149	1,788	1,399	1,313
EBIT	20,682	14,477	8,543	7,117	8,040	8,696
EBIT Margin	34.71%	30.14%	25.90%	24.43%	28.28%	37.32%
Effective Tax Rate	14.92%	12.61%	13.02%	12.62%	13.75%	12.93%
Revenue as Reported	59,581	48,038	32,983	29,136	28,430	23,300
Advertising Expenses	-	-	-	-	5.32	8.79