SHA:601100 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	Jun '26 Jun 30, 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	12,513	10,856	9,325	8,926	8,167	9,295
Other Revenue	89.41	84.56	65.11	59.09	30.15	13.76
Revenue	12,602	10,941	9,390	8,985	8,197	9,309
Revenue Growth	29.55%	16.52%	4.51%	9.61%	-11.95%	18.51%
Cost of Revenue	7,685	6,498	5,421	5,290	4,927	5,278
Gross Profit	4,918	4,443	3,968	3,695	3,269	4,031
Selling, General & Admin	988.12	903.81	808.86	575.88	398.9	338.81
Research & Development	708.85	705	727.65	694.37	649.95	636.06
Other Operating Expenses	50.91	37.29	11.54	9.58	66.82	77.85
Operating Expenses	1,789	1,675	1,555	1,287	1,115	1,062
Operating Income	3,129	2,768	2,413	2,408	2,154	2,969
Interest Expense	-4.54	-0.8	-11.71	-7.68	-16.49	-29.41
Interest & Investment Income	371.77	343.74	216.24	290.72	87.61	46.34
Currency Exchange Gain (Loss)	-635.19	-169.49	-70.34	93.01	278.52	-95.87
Other Non Operating Income (Expenses)	-8.71	-6.25	-6.67	-5.99	-3.47	-2.19
EBT Excluding Unusual Items	2,852	2,935	2,540	2,778	2,500	2,888
Gain (Loss) on Sale of Investments	158.41	92.4	202.04	0.73	7.35	10.32
Gain (Loss) on Sale of Assets	1.16	0.08	0.23	0.28	0.28	-1.21
Asset Writedown	-0.46	-0.43	-0.24	-0.19	-0.33	-
Other Unusual Items	10.78	4.88	58.06	51.3	121.02	171.19
Pretax Income	3,022	3,032	2,800	2,830	2,629	3,068
Income Tax Expense	275.5	292.3	288.1	326.3	279.82	369.27
Earnings From Continuing Operations	2,746	2,740	2,512	2,504	2,349	2,699
Minority Interest in Earnings	-5.09	-5.59	-3.67	-5.02	-6.13	-5.46
Net Income	2,741	2,734	2,509	2,499	2,343	2,694
Net Income to Common	2,741	2,734	2,509	2,499	2,343	2,694
Net Income Growth	3.44%	8.98%	0.40%	6.66%	-13.03%	19.51%
Shares Outstanding (Basic)	1,344	1,340	1,342	1,343	1,309	1,308
Shares Outstanding (Diluted)	1,344	1,340	1,342	1,343	1,309	1,308
Shares Change	0.37%	-0.10%	-0.14%	2.65%	0.09%	0.36%
EPS (Basic)	2.04	2.04	1.87	1.86	1.79	2.06
EPS (Diluted)	2.04	2.04	1.87	1.86	1.79	2.06
EPS Growth	3.06%	9.09%	0.54%	3.91%	-13.11%	19.07%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	1,690	886.75	1,408	1,311	1,265	2,233
Free Cash Flow Per Share	1.26	0.66	1.05	0.98	0.97	1.71
Dividend Per Share	0.860	0.860	0.700	0.700	0.620	0.730
Dividend Growth	-14.00%	22.86%	0%	12.90%	-15.07%	21.67%
Gross Margin	39.02%	40.61%	42.26%	41.12%	39.89%	43.30%
Operating Margin	24.83%	25.30%	25.70%	26.80%	26.28%	31.89%
Profit Margin	21.75%	24.99%	26.72%	27.81%	28.58%	28.93%
Free Cash Flow Margin	13.41%	8.11%	14.99%	14.59%	15.43%	23.99%
EBITDA	3,693	3,291	2,835	2,816	2,543	3,370
EBITDA Margin	29.31%	30.08%	30.20%	31.34%	31.03%	36.20%
D&A For EBITDA	564.63	522.75	422.54	407.73	389.25	400.46
EBIT	3,129	2,768	2,413	2,408	2,154	2,969
EBIT Margin	24.83%	25.30%	25.70%	26.80%	26.28%	31.89%
Effective Tax Rate	9.12%	9.64%	10.29%	11.53%	10.64%	12.04%
Revenue as Reported	12,602	10,941	9,390	8,985	8,197	9,309
Advertising Expenses	-	11.25	13.48	11.85	3.04	11.59