SHA:600998 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	164,017	161,251	151,695	149,981	140,282	122,359
Other Revenue	138.99	138.99	115.13	158.54	142.16	48.09
Revenue	164,156	161,390	151,810	150,140	140,424	122,407
Revenue Growth (YoY)	7.04%	6.31%	1.11%	6.92%	14.72%	10.42%
Cost of Revenue	151,512	149,008	140,075	138,140	129,560	112,636
Gross Profit	12,645	12,382	11,735	12,000	10,864	9,772
Selling, General & Admin	8,271	8,078	7,229	7,193	6,637	6,097
Research & Development	116.96	128.84	146.7	196.61	178.39	194.94
Other Operating Expenses	390.85	416.82	413.07	425.65	98.16	293.01
Operating Expenses	9,252	9,046	7,812	7,947	7,074	6,684
Operating Income	3,393	3,336	3,923	4,053	3,790	3,087
Interest Expense	-1,083	-1,014	-1,284	-1,318	-1,221	-1,145
Interest & Investment Income	303.19	1,141	1,456	255.17	490.63	310.74
Currency Exchange Gain (Loss)	-11.22	-11.22	-0.81	-4.34	-17.05	-6.65
Other Non Operating Income (Expenses)	-79.57	-83.05	-178.79	-265.43	-281.66	-151.72
EBT Excluding Unusual Items	2,522	3,369	3,915	2,721	2,760	2,094
Impairment of Goodwill	-	-	-10.85	-1.18	-	-
Gain (Loss) on Sale of Investments	150.36	36.79	-98.35	-78.4	1.44	1,235
Gain (Loss) on Sale of Assets	-14.07	-251.08	-425.83	5.11	45.67	6.72
Asset Writedown	-16.48	-	-	-	-	-2.35
Other Unusual Items	135.25	135.25	257.61	344.62	30.9	29.12
Pretax Income	2,777	3,290	3,637	2,991	2,838	3,363
Income Tax Expense	786.01	880.23	851.03	701.2	552.55	754.88
Earnings From Continuing Operations	1,991	2,410	2,786	2,290	2,286	2,608
Minority Interest in Earnings	27.28	-154.72	-279.05	-115.62	-200.57	-160.05
Net Income	2,018	2,255	2,507	2,174	2,085	2,448
Net Income to Common	2,018	2,255	2,507	2,174	2,085	2,448
Net Income Growth	-31.34%	-10.07%	15.33%	4.27%	-14.84%	-20.38%
Shares Outstanding (Basic)	5,158	5,125	5,015	5,056	5,274	5,187
Shares Outstanding (Diluted)	5,158	5,125	5,015	5,056	5,274	5,187
Shares Change (YoY)	1.75%	2.19%	-0.81%	-4.14%	1.68%	-2.84%
EPS (Basic)	0.39	0.44	0.50	0.43	0.40	0.47
EPS (Diluted)	0.39	0.44	0.50	0.43	0.40	0.47
EPS Growth	-32.53%	-12.00%	16.28%	8.78%	-16.25%	-18.06%
Free Cash Flow	2,432	2,039	2,107	3,699	2,743	2,073
Free Cash Flow Per Share	0.47	0.40	0.42	0.73	0.52	0.40
Dividend Per Share	0.200	0.200	0.200	0.194	0.186	0.112
Dividend Growth	-	-	3.20%	4.31%	66.64%	-39.99%
Gross Margin	7.70%	7.67%	7.73%	7.99%	7.74%	7.98%
Operating Margin	2.07%	2.07%	2.58%	2.70%	2.70%	2.52%
Profit Margin	1.23%	1.40%	1.65%	1.45%	1.49%	2.00%
Free Cash Flow Margin	1.48%	1.26%	1.39%	2.46%	1.95%	1.69%
EBITDA	3,965	3,942	4,665	4,730	4,416	3,634
EBITDA Margin	2.42%	2.44%	3.07%	3.15%	3.15%	2.97%
D&A For EBITDA	571.88	605.98	742.35	676.96	626.41	547.21
EBIT	3,393	3,336	3,923	4,053	3,790	3,087
EBIT Margin	2.07%	2.07%	2.58%	2.70%	2.70%	2.52%
Effective Tax Rate	28.31%	26.76%	23.40%	23.45%	19.47%	22.45%
Revenue as Reported	164,156	161,390	151,810	150,140	140,424	122,407

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