SHA:601001 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	13,146	12,523	14,706	14,932	15,825	17,975
Other Revenue	585.6	585.6	326.79	409.21	256.68	289.73
Revenue	13,731	13,109	15,033	15,342	16,082	18,265
Revenue Growth (YoY)	-0.49%	-12.80%	-2.02%	-4.60%	-11.95%	67.49%
Cost of Revenue	8,142	7,593	7,637	7,688	8,129	8,412
Gross Profit	5,589	5,516	7,396	7,653	7,952	9,853
Selling, General & Admin	595.17	594.36	682.95	815.01	608.53	636.57
Research & Development	238.83	218.28	321.51	303.42	63.32	216.03
Other Operating Expenses	1,602	1,520	1,461	1,230	1,292	1,376
Operating Expenses	2,455	2,309	2,367	2,364	2,135	2,327
Operating Income	3,134	3,207	5,028	5,289	5,817	7,526
Interest Expense	-121.19	-120.92	-271.64	-412.55	-577.3	-625.43
Interest & Investment Income	212.45	336.28	525.77	925.23	927.68	312.85
Earnings From Equity Investments	-	-	-	-	-	962.83
Currency Exchange Gain (Loss)	-0	-0	0.01	0.01	0.04	-0.01
Other Non Operating Income (Expenses)	-0.7	-2.14	-4.46	-0.45	-10.05	-14.8
EBT Excluding Unusual Items	3,225	3,420	5,278	5,802	6,158	8,162
Gain (Loss) on Sale of Assets	0.66	5.35	24.98	-0.89	2.01	210.53
Asset Writedown	-	-	-	-	-129.38	-84.99
Legal Settlements	-1.86	-1.86	-2.4	-2.67	-	-
Other Unusual Items	-18.26	-18.26	-16.47	70.4	-29.83	-12.69
Pretax Income	3,205	3,406	5,284	5,868	6,000	8,275
Income Tax Expense	938.82	953.24	1,370	1,365	1,583	1,938
Earnings From Continuing Operations	2,267	2,452	3,913	4,504	4,417	6,337
Net Income to Company	2,267	2,452	3,913	4,504	4,417	6,337
Minority Interest in Earnings	-608.71	-620.88	-1,105	-1,203	-1,368	-1,679
Net Income	1,658	1,831	2,808	3,301	3,049	4,658
Net Income to Common	1,658	1,831	2,808	3,301	3,049	4,658
Net Income Growth	-34.73%	-34.78%	-14.93%	8.27%	-34.54%	431.88%
Shares Outstanding (Basic)	1,690	1,680	1,671	1,676	1,675	1,675
Shares Outstanding (Diluted)	1,690	1,680	1,671	1,676	1,675	1,675
Shares Change (YoY)	1.25%	0.53%	-0.24%	0.02%	-0.02%	-0.51%
EPS (Basic)	0.98	1.09	1.68	1.97	1.82	2.78
EPS (Diluted)	0.98	1.09	1.68	1.97	1.82	2.78
EPS Growth	-35.54%	-35.12%	-14.72%	8.24%	-34.53%	434.61%
Free Cash Flow	2,946	2,204	2,074	5,330	5,044	7,338
Free Cash Flow Per Share	1.74	1.31	1.24	3.18	3.01	4.38
Dividend Per Share	0.547	0.547	0.755	0.790	0.630	0.400
Dividend Growth	-27.55%	-27.55%	-4.43%	25.40%	57.50%	-
Gross Margin	40.71%	42.08%	49.20%	49.89%	49.45%	53.95%
Operating Margin	22.83%	24.46%	33.45%	34.48%	36.17%	41.21%
Profit Margin	12.07%	13.97%	18.68%	21.52%	18.96%	25.50%
Free Cash Flow Margin	21.45%	16.81%	13.80%	34.74%	31.36%	40.18%
EBITDA	4,374	4,463	6,348	6,463	7,020	8,587
EBITDA Margin	31.85%	34.04%	42.23%	42.13%	43.65%	47.01%
D&A For EBITDA	1,239	1,255	1,320	1,174	1,203	1,061
EBIT	3,134	3,207	5,028	5,289	5,817	7,526
EBIT Margin	22.83%	24.46%	33.45%	34.48%	36.17%	41.21%
Effective Tax Rate	29.29%	27.99%	25.94%	23.25%	26.39%	23.42%
Revenue as Reported	13,731	13,109	15,033	15,342	16,082	18,265
Advertising Expenses	-	-	-	0.09	0.07	0.65

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