SHA:601399 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	2015 - 2019
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	2015 - 2019
Operating Revenue	13,657	12,391	10,997	9,447	9,310	8,623	Upgrade
Other Revenue	282.86	282.86	261.54	207.93	198.34	201.27	Upgrade
Revenue	13,940	12,674	11,258	9,655	9,508	8,824	Upgrade
Revenue Growth (YoY)	15.40%	12.58%	16.60%	1.55%	7.75%	-4.76%	Upgrade
Cost of Revenue	12,086	10,933	9,519	8,339	8,131	7,624	Upgrade
Gross Profit	1,854	1,741	1,739	1,316	1,377	1,201	Upgrade
Selling, General & Admin	1,047	850.74	816.58	651.43	701.14	664.99	Upgrade
Research & Development	234.1	369.16	455.98	412.53	358.3	289.02	Upgrade
Other Operating Expenses	112.85	68.39	79.89	89.51	52	-91.73	Upgrade
Operating Expenses	1,504	1,444	1,432	1,289	1,202	978.28	Upgrade
Operating Income	349.65	297.09	307.14	27.14	175.1	222.48	Upgrade
Interest Expense	-3.72	-19.29	-39.03	-30.39	-32.39	-41.31	Upgrade
Interest & Investment Income	54.62	161.57	175.81	159.62	222.07	279.72	Upgrade
Currency Exchange Gain (Loss)	25.72	25.72	10.91	178.24	-3.21	-41.57	Upgrade
Other Non Operating Income (Expenses)	24.62	6.32	-18.3	-38.12	-11.98	19.37	Upgrade
EBT Excluding Unusual Items	450.88	471.42	436.54	296.49	349.58	438.69	Upgrade
Gain (Loss) on Sale of Investments	-3.16	-3.06	0.51	0.05	1.62	-0.57	Upgrade
Gain (Loss) on Sale of Assets	14.68	3.78	25.2	0.17	-1.06	17.6	Upgrade
Asset Writedown	44.31	-17.77	-18.34	-1.54	-	1.21	Upgrade
Legal Settlements	-	-	-	-	-	-2.8	Upgrade
Other Unusual Items	126.15	110.58	71.97	160.4	152.66	0.38	Upgrade
Pretax Income	632.85	564.94	515.89	455.58	502.8	454.52	Upgrade
Income Tax Expense	138.47	97.72	74.27	23.22	82.95	101.96	Upgrade
Earnings From Continuing Operations	494.38	467.22	441.62	432.36	419.86	352.56	Upgrade
Minority Interest in Earnings	-40.56	-35.38	-10.97	-29.22	-25.38	-15.35	Upgrade
Net Income	453.82	431.84	430.65	403.14	394.48	337.21	Upgrade
Net Income to Common	453.82	431.84	430.65	403.14	394.48	337.21	Upgrade
Net Income Growth	-8.49%	0.28%	6.82%	2.20%	16.98%	-32.34%	Upgrade
Shares Outstanding (Basic)	7,204	7,209	7,214	7,225	7,265	7,268	Upgrade
Shares Outstanding (Diluted)	7,204	7,209	7,214	7,225	7,265	7,268	Upgrade
Shares Change (YoY)	-0.19%	-0.06%	-0.15%	-0.55%	-0.04%	0.03%	Upgrade
EPS (Basic)	0.06	0.06	0.06	0.06	0.05	0.05	Upgrade
EPS (Diluted)	0.06	0.06	0.06	0.06	0.05	0.05	Upgrade
EPS Growth	-8.31%	0.34%	6.99%	2.76%	17.03%	-32.36%	Upgrade
Free Cash Flow	532.19	920.01	26.4	1,127	484.28	-1,202	Upgrade
Free Cash Flow Per Share	0.07	0.13	0.00	0.16	0.07	-0.17	Upgrade
Gross Margin	13.30%	13.74%	15.45%	13.63%	14.49%	13.61%	Upgrade
Operating Margin	2.51%	2.34%	2.73%	0.28%	1.84%	2.52%	Upgrade
Profit Margin	3.26%	3.41%	3.82%	4.17%	4.15%	3.82%	Upgrade
Free Cash Flow Margin	3.82%	7.26%	0.24%	11.67%	5.09%	-13.63%	Upgrade
EBITDA	752.88	713.05	740.07	460.71	592.91	636.49	Upgrade
EBITDA Margin	5.40%	5.63%	6.57%	4.77%	6.24%	7.21%	Upgrade
D&A For EBITDA	403.23	415.96	432.94	433.57	417.81	414.01	Upgrade
EBIT	349.65	297.09	307.14	27.14	175.1	222.48	Upgrade
EBIT Margin	2.51%	2.34%	2.73%	0.28%	1.84%	2.52%	Upgrade
Effective Tax Rate	21.88%	17.30%	14.40%	5.10%	16.50%	22.43%	Upgrade
Revenue as Reported	3,723	12,674	11,258	9,655	9,508	-	Upgrade
Advertising Expenses	-	4.43	2.41	-	-	-	Upgrade

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