SHA:601000 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	5,916	5,638	5,681	5,804	5,577	6,045
Other Revenue	45.34	45.34	42.85	40.47	42.83	29.52
Revenue	5,962	5,684	5,724	5,845	5,620	6,075
Revenue Growth (YoY)	8.84%	-0.71%	-2.06%	4.00%	-7.49%	-22.49%
Cost of Revenue	3,035	2,941	3,117	3,255	3,477	3,758
Gross Profit	2,927	2,743	2,607	2,590	2,143	2,317
Selling, General & Admin	459.51	442.2	443.13	413.55	348.91	387.95
Research & Development	94.54	78.88	79.97	70.24	43.88	55.55
Other Operating Expenses	123.18	122.29	116.68	120.17	123.74	156.31
Operating Expenses	671.11	637.24	640.68	596.42	501.01	614.89
Operating Income	2,256	2,106	1,967	1,993	1,642	1,702
Interest Expense	-0.35	-0.35	-0.04	-0.95	-26.04	-32.51
Interest & Investment Income	592.22	592.22	676.48	646.16	576.23	655.95
Currency Exchange Gain (Loss)	-0.02	-0.02	0.01	-0	-0	0.1
Other Non Operating Income (Expenses)	0.6	2.93	-1.08	4.44	1.14	8.17
EBT Excluding Unusual Items	2,836	2,701	2,642	2,643	2,193	2,334
Gain (Loss) on Sale of Investments	-	-	-	-	46.61	20.56
Gain (Loss) on Sale of Assets	0.73	0.6	39.61	-1.25	-19.56	230.06
Asset Writedown	-	-	-	-78.36	-40.52	-26.12
Other Unusual Items	38.25	38.25	1.8	14.53	78.65	34.24
Pretax Income	2,875	2,739	2,684	2,578	2,258	2,593
Income Tax Expense	587.55	559.75	557.29	540.51	447.81	440.11
Earnings From Continuing Operations	2,288	2,180	2,126	2,038	1,811	2,153
Minority Interest in Earnings	-200.05	-181.37	-147.43	-112.57	-120.91	-63.92
Net Income	2,088	1,998	1,979	1,925	1,690	2,089
Net Income to Common	2,088	1,998	1,979	1,925	1,690	2,089
Net Income Growth	14.78%	0.99%	2.80%	13.93%	-19.11%	13.36%
Shares Outstanding (Basic)	5,926	5,926	5,926	5,927	5,927	5,926
Shares Outstanding (Diluted)	5,926	5,926	5,926	5,927	5,927	5,926
Shares Change (YoY)	0.03%	0.00%	-0.01%	-	0.02%	-0.02%
EPS (Basic)	0.35	0.34	0.33	0.32	0.29	0.35
EPS (Diluted)	0.35	0.34	0.33	0.32	0.29	0.35
EPS Growth	14.75%	0.99%	2.80%	13.93%	-19.12%	13.38%
Free Cash Flow	1,623	1,185	1,713	2,051	1,836	1,155
Free Cash Flow Per Share	0.27	0.20	0.29	0.35	0.31	0.20
Dividend Per Share	0.200	0.200	0.200	0.200	0.200	0.350
Dividend Growth	-	-	-	-	-42.86%	75.00%
Gross Margin	49.10%	48.26%	45.55%	44.31%	38.13%	38.14%
Operating Margin	37.84%	37.05%	34.36%	34.11%	29.22%	28.02%
Profit Margin	35.02%	35.16%	34.57%	32.94%	30.07%	34.38%
Free Cash Flow Margin	27.23%	20.85%	29.93%	35.10%	32.67%	19.01%
EBITDA	2,976	2,831	2,711	2,727	2,366	2,573
EBITDA Margin	49.92%	49.80%	47.36%	46.66%	42.09%	42.35%
D&A For EBITDA	719.94	724.76	744.04	733.32	723.76	870.63
EBIT	2,256	2,106	1,967	1,993	1,642	1,702
EBIT Margin	37.84%	37.05%	34.36%	34.11%	29.22%	28.02%
Effective Tax Rate	20.43%	20.43%	20.77%	20.97%	19.83%	16.97%
Revenue as Reported	5,684	5,684	5,724	5,845	5,620	6,075

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