SHA:600993 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	3,859	3,816	3,680	3,098	3,497	3,363
Other Revenue	50.46	50.46	48.5	38.3	35.12	22.53
Revenue	3,910	3,867	3,728	3,137	3,532	3,385
Revenue Growth (YoY)	4.48%	3.72%	18.85%	-11.20%	4.35%	21.26%
Cost of Revenue	2,005	1,966	1,997	1,829	2,038	2,019
Gross Profit	1,905	1,901	1,731	1,307	1,494	1,366
Selling, General & Admin	1,144	1,147	1,051	825.21	886.06	818.05
Research & Development	76.34	78.11	66.69	69.01	77.89	66.73
Other Operating Expenses	28.32	25.35	17.6	24.39	26.16	25.06
Operating Expenses	1,247	1,256	1,144	922.54	1,000	912.9
Operating Income	657.76	644.71	587.12	384.73	494.16	453.38
Interest Expense	-7.21	-7.38	-7.38	-16.85	-11.69	-10.21
Interest & Investment Income	67.75	70.05	78.88	151.5	98.92	78.85
Currency Exchange Gain (Loss)	0.13	0.13	-0.06	0.05	0.04	-0.21
Other Non Operating Income (Expenses)	2.01	2.16	0.99	-3.78	-6.22	-4.92
EBT Excluding Unusual Items	720.45	709.68	659.55	515.65	575.22	516.89
Impairment of Goodwill	-2.28	-2.28	-	-	-	-
Gain (Loss) on Sale of Investments	-5.46	-5.77	-6.57	-0.35	-38.06	17.63
Gain (Loss) on Sale of Assets	-5.23	-5.21	-0.14	1.12	-0.01	-0.5
Asset Writedown	-1.92	-0.01	-5.25	-	-0.34	-0.44
Other Unusual Items	12.25	12.59	9.96	8.28	22.33	14.58
Pretax Income	717.82	709	657.55	524.7	559.14	548.16
Income Tax Expense	102.84	103.29	109.26	72.86	79.78	74.11
Earnings From Continuing Operations	614.98	605.71	548.3	451.84	479.35	474.05
Minority Interest in Earnings	-24.48	-24.22	-20.2	-8.59	-0.78	-9.46
Net Income	590.51	581.49	528.09	443.25	478.57	464.59
Net Income to Common	590.51	581.49	528.09	443.25	478.57	464.59
Net Income Growth	10.58%	10.11%	19.14%	-7.38%	3.01%	10.87%
Shares Outstanding (Basic)	431	431	429	430	431	430
Shares Outstanding (Diluted)	431	431	429	430	431	430
Shares Change (YoY)	0.17%	0.32%	-0.23%	-0.19%	0.22%	-0.43%
EPS (Basic)	1.37	1.35	1.23	1.03	1.11	1.08
EPS (Diluted)	1.37	1.35	1.23	1.03	1.11	1.08
EPS Growth	10.40%	9.76%	19.42%	-7.21%	2.78%	11.34%
Free Cash Flow	596.17	481.07	293.76	355.7	266.84	532.07
Free Cash Flow Per Share	1.38	1.12	0.68	0.83	0.62	1.24
Dividend Per Share	0.700	0.700	0.620	0.400	0.350	0.350
Dividend Growth	12.90%	12.90%	55.00%	14.29%	-	16.67%
Gross Margin	48.73%	49.16%	46.43%	41.68%	42.30%	40.36%
Operating Margin	16.82%	16.67%	15.75%	12.26%	13.99%	13.39%
Profit Margin	15.10%	15.04%	14.17%	14.13%	13.55%	13.73%
Free Cash Flow Margin	15.25%	12.44%	7.88%	11.34%	7.55%	15.72%
EBITDA	718.34	703.43	638.41	434.2	541.14	495.12
EBITDA Margin	18.37%	18.19%	17.13%	13.84%	15.32%	14.63%
D&A For EBITDA	60.58	58.72	51.29	49.48	46.98	41.74
EBIT	657.76	644.71	587.12	384.73	494.16	453.38
EBIT Margin	16.82%	16.67%	15.75%	12.26%	13.99%	13.39%
Effective Tax Rate	14.33%	14.57%	16.61%	13.89%	14.27%	13.52%
Revenue as Reported	3,910	3,867	3,728	3,137	3,532	3,385
Advertising Expenses	-	222.35	161.64	72.56	81.25	59.99

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