SHA:601019 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	10,998	11,147	11,611	10,951	10,537	9,534
Other Revenue	572.63	572.63	543.35	263.61	353.5	215.85
Revenue	11,570	11,719	12,154	11,215	10,891	9,750
Revenue Growth (YoY)	-8.30%	-3.58%	8.38%	2.98%	11.70%	-0.18%
Cost of Revenue	7,428	7,436	7,761	7,039	6,951	6,375
Gross Profit	4,142	4,283	4,393	4,176	3,940	3,374
Selling, General & Admin	2,723	2,818	2,800	2,565	2,458	2,120
Research & Development	24.21	24.39	20.53	17.02	15.1	-
Other Operating Expenses	44.82	51.04	57.43	49.67	32.88	40.4
Operating Expenses	2,921	2,997	2,941	2,737	2,565	2,236
Operating Income	1,222	1,286	1,452	1,439	1,375	1,138
Interest Expense	-8.64	-9.17	-8.57	-8.16	-8.41	-3.84
Interest & Investment Income	196.81	224.52	211.44	137.63	110.45	126.67
Currency Exchange Gain (Loss)	-3.29	-3.29	-0.17	-11.52	-1.65	5.27
Other Non Operating Income (Expenses)	-29.58	-34.51	-30.6	-67.37	-51.54	-38.55
EBT Excluding Unusual Items	1,377	1,464	1,625	1,489	1,423	1,228
Impairment of Goodwill	-	-	-	-	-7.21	-
Gain (Loss) on Sale of Investments	14.95	14.81	14.85	16.56	60.91	36.21
Gain (Loss) on Sale of Assets	1.03	11.17	335.71	105.12	-0.98	10.79
Asset Writedown	12.82	-	-5.76	-	-	-1.23
Other Unusual Items	62.22	52.79	128.19	57.96	57.03	127.38
Pretax Income	1,468	1,543	2,098	1,669	1,533	1,401
Income Tax Expense	-72.95	275.76	-274.21	2.98	8.28	4.68
Earnings From Continuing Operations	1,541	1,267	2,372	1,666	1,525	1,396
Minority Interest in Earnings	3.2	2.99	4.05	14.39	7.82	5.37
Net Income	1,544	1,270	2,376	1,680	1,533	1,402
Net Income to Common	1,544	1,270	2,376	1,680	1,533	1,402
Net Income Growth	-26.17%	-46.54%	41.38%	9.63%	9.36%	-9.23%
Shares Outstanding (Basic)	2,056	2,082	2,084	2,075	2,100	2,092
Shares Outstanding (Diluted)	2,056	2,082	2,084	2,075	2,100	2,092
Shares Change (YoY)	-1.98%	-0.10%	0.46%	-1.19%	0.37%	0.26%
EPS (Basic)	0.75	0.61	1.14	0.81	0.73	0.67
EPS (Diluted)	0.75	0.61	1.14	0.81	0.73	0.67
EPS Growth	-24.68%	-46.49%	40.74%	10.96%	8.96%	-9.46%
Free Cash Flow	355.74	564.72	1,900	1,714	1,608	1,310
Free Cash Flow Per Share	0.17	0.27	0.91	0.83	0.77	0.63
Dividend Per Share	0.370	0.310	0.560	0.390	0.350	0.320
Dividend Growth	-33.93%	-44.64%	43.59%	11.43%	9.38%	-
Gross Margin	35.80%	36.55%	36.14%	37.23%	36.18%	34.61%
Operating Margin	10.56%	10.98%	11.95%	12.83%	12.62%	11.67%
Profit Margin	13.35%	10.84%	19.55%	14.98%	14.07%	14.38%
Free Cash Flow Margin	3.08%	4.82%	15.64%	15.28%	14.77%	13.43%
EBITDA	1,518	1,574	1,728	1,691	1,595	1,357
EBITDA Margin	13.12%	13.43%	14.22%	15.08%	14.64%	13.92%
D&A For EBITDA	296.53	287.56	275.6	252.24	219.9	218.83
EBIT	1,222	1,286	1,452	1,439	1,375	1,138
EBIT Margin	10.56%	10.98%	11.95%	12.83%	12.62%	11.67%
Effective Tax Rate	-	17.87%	-	0.18%	0.54%	0.33%
Revenue as Reported	11,570	11,719	12,154	11,215	10,891	9,750
Advertising Expenses	-	270.54	246.93	194.21	154.76	121.68

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