SHA:601100 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	10,179	9,325	8,926	8,167	9,295	7,838
Other Revenue	65.11	65.11	59.09	30.15	13.76	17.11
Revenue	10,244	9,390	8,985	8,197	9,309	7,855
Revenue Growth (YoY)	6.97%	4.51%	9.61%	-11.95%	18.51%	45.09%
Cost of Revenue	5,882	5,421	5,290	4,927	5,278	4,444
Gross Profit	4,361	3,968	3,695	3,269	4,031	3,412
Selling, General & Admin	906.52	808.86	575.88	398.9	338.81	306.84
Research & Development	743.06	727.65	694.37	649.95	636.06	308.64
Other Operating Expenses	37.45	11.54	9.58	66.82	77.85	72.11
Operating Expenses	1,699	1,555	1,287	1,115	1,062	703.83
Operating Income	2,662	2,413	2,408	2,154	2,969	2,708
Interest Expense	-8.25	-11.71	-7.68	-16.49	-29.41	-44.1
Interest & Investment Income	346.94	216.24	290.72	87.61	46.34	60.83
Currency Exchange Gain (Loss)	-70.34	-70.34	93.01	278.52	-95.87	-155.63
Other Non Operating Income (Expenses)	54.66	-6.67	-5.99	-3.47	-2.19	-2.06
EBT Excluding Unusual Items	2,985	2,540	2,778	2,500	2,888	2,567
Gain (Loss) on Sale of Investments	64.29	202.04	0.73	7.35	10.32	-
Gain (Loss) on Sale of Assets	-0.06	0.23	0.28	0.28	-1.21	-0.77
Asset Writedown	1.95	-0.24	-0.19	-0.33	-	-
Other Unusual Items	61.41	58.06	51.3	121.02	171.19	43.18
Pretax Income	3,113	2,800	2,830	2,629	3,068	2,609
Income Tax Expense	303.33	288.1	326.3	279.82	369.27	347.86
Earnings From Continuing Operations	2,809	2,512	2,504	2,349	2,699	2,261
Minority Interest in Earnings	-5.32	-3.67	-5.02	-6.13	-5.46	-7.37
Net Income	2,804	2,509	2,499	2,343	2,694	2,254
Net Income to Common	2,804	2,509	2,499	2,343	2,694	2,254
Net Income Growth	10.54%	0.40%	6.66%	-13.03%	19.51%	73.88%
Shares Outstanding (Basic)	1,342	1,342	1,343	1,309	1,308	1,303
Shares Outstanding (Diluted)	1,342	1,342	1,343	1,309	1,308	1,303
Shares Change (YoY)	0.00%	-0.14%	2.65%	0.09%	0.36%	-0.50%
EPS (Basic)	2.09	1.87	1.86	1.79	2.06	1.73
EPS (Diluted)	2.09	1.87	1.86	1.79	2.06	1.73
EPS Growth	10.54%	0.54%	3.91%	-13.11%	19.07%	74.75%
Free Cash Flow	1,290	1,408	1,311	1,265	2,233	1,579
Free Cash Flow Per Share	0.96	1.05	0.98	0.97	1.71	1.21
Dividend Per Share	1.000	0.700	0.700	0.620	0.730	0.600
Dividend Growth	42.86%	-	12.90%	-15.07%	21.67%	48.00%
Gross Margin	42.58%	42.26%	41.12%	39.89%	43.30%	43.43%
Operating Margin	25.99%	25.70%	26.80%	26.28%	31.89%	34.47%
Profit Margin	27.37%	26.72%	27.81%	28.58%	28.93%	28.69%
Free Cash Flow Margin	12.59%	14.99%	14.59%	15.43%	23.99%	20.11%
EBITDA	3,096	2,835	2,816	2,543	3,370	3,015
EBITDA Margin	30.22%	30.20%	31.34%	31.03%	36.20%	38.39%
D&A For EBITDA	433.65	422.54	407.73	389.25	400.46	307.68
EBIT	2,662	2,413	2,408	2,154	2,969	2,708
EBIT Margin	25.99%	25.70%	26.80%	26.28%	31.89%	34.47%
Effective Tax Rate	9.74%	10.29%	11.53%	10.64%	12.04%	13.33%
Revenue as Reported	10,244	9,390	8,985	8,197	9,309	7,855
Advertising Expenses	-	13.48	11.85	3.04	11.59	7.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.