SHA:601101 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	8,548	9,084	8,371	9,256	8,336	4,330
Other Revenue	53.21	53.21	65.62	30.81	33.06	32.75
Revenue	8,601	9,138	8,437	9,287	8,369	4,362
Revenue Growth (YoY)	-6.11%	8.30%	-9.15%	10.97%	91.84%	-21.15%
Cost of Revenue	5,753	5,056	4,037	4,217	2,988	2,758
Gross Profit	2,848	4,082	4,400	5,070	5,381	1,604
Selling, General & Admin	883.37	912.31	809.27	694.61	607.64	651.58
Research & Development	9.41	12.14	4.05	7.19	4.08	5.08
Other Operating Expenses	771.52	817.49	767.6	795.11	767.52	304.42
Operating Expenses	1,675	1,742	1,579	1,483	1,384	962.45
Operating Income	1,173	2,340	2,822	3,587	3,997	641.96
Interest Expense	-157.65	-211.81	-244.33	-208.2	-304.85	-337.35
Interest & Investment Income	101.11	103.36	47.04	33.26	79.9	54.73
Currency Exchange Gain (Loss)	-0.17	-0.17	0.02	0.04	0.01	0.54
Other Non Operating Income (Expenses)	-119.2	-121.88	-165.86	-234.95	-131.49	-144.47
EBT Excluding Unusual Items	996.69	2,109	2,458	3,177	3,641	215.42
Gain (Loss) on Sale of Investments	-0.71	-1.06	-	-362.45	-	-9.51
Gain (Loss) on Sale of Assets	4.61	0.08	52.42	-11.68	-11.18	-7.68
Asset Writedown	-51.86	-51.86	-286.13	-	-	-103.39
Legal Settlements	-13.19	-13.19	-15.23	-18.57	-60.14	-
Other Unusual Items	-40.47	-22.21	-29.69	36.13	-6.05	228.38
Pretax Income	895.08	2,021	2,180	2,820	3,563	323.21
Income Tax Expense	263.31	444.64	468.51	644.08	654.39	260.86
Earnings From Continuing Operations	631.77	1,577	1,711	2,176	2,909	62.35
Minority Interest in Earnings	-160.42	-540.05	-671.36	-832.63	-894.4	-14.46
Net Income	471.36	1,037	1,040	1,344	2,014	47.9
Net Income to Common	471.36	1,037	1,040	1,344	2,014	47.9
Net Income Growth	-58.96%	-0.33%	-22.60%	-33.30%	4105.92%	-83.53%
Shares Outstanding (Basic)	1,457	1,440	1,444	1,445	1,439	1,438
Shares Outstanding (Diluted)	1,457	1,440	1,444	1,445	1,439	1,438
Shares Change (YoY)	1.05%	-0.33%	-0.02%	0.40%	0.04%	-1.07%
EPS (Basic)	0.32	0.72	0.72	0.93	1.40	0.03
EPS (Diluted)	0.32	0.72	0.72	0.93	1.40	0.03
EPS Growth	-59.38%	-	-22.58%	-33.57%	4104.20%	-83.35%
Free Cash Flow	690.43	2,310	1,286	2,486	2,818	747.36
Free Cash Flow Per Share	0.47	1.60	0.89	1.72	1.96	0.52
Dividend Per Share	0.458	0.458	0.350	0.340	0.458	0.025
Dividend Growth	30.86%	30.86%	2.94%	-25.81%	1733.20%	-57.12%
Gross Margin	33.11%	44.67%	52.15%	54.59%	64.30%	36.78%
Operating Margin	13.63%	25.61%	33.44%	38.62%	47.76%	14.72%
Profit Margin	5.48%	11.34%	12.33%	14.47%	24.07%	1.10%
Free Cash Flow Margin	8.03%	25.27%	15.24%	26.77%	33.67%	17.13%
EBITDA	2,203	3,262	3,600	4,112	4,496	1,245
EBITDA Margin	25.62%	35.70%	42.66%	44.27%	53.72%	28.54%
D&A For EBITDA	1,031	922.38	777.94	524.88	498.98	603.13
EBIT	1,173	2,340	2,822	3,587	3,997	641.96
EBIT Margin	13.63%	25.61%	33.44%	38.62%	47.76%	14.72%
Effective Tax Rate	29.42%	22.00%	21.49%	22.84%	18.37%	80.71%
Revenue as Reported	8,601	9,138	8,437	9,287	8,369	4,362

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