SHA:601567 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	15,030	14,384	11,261	8,939	6,911	6,995
Other Revenue	216.26	216.26	201.71	158.82	112.31	97.95
Revenue	15,247	14,600	11,463	9,098	7,023	7,093
Revenue Growth (YoY)	12.45%	27.38%	25.99%	29.55%	-0.98%	4.22%
Cost of Revenue	10,854	9,584	7,600	6,487	5,259	5,066
Gross Profit	4,393	5,017	3,862	2,611	1,764	2,027
Selling, General & Admin	1,986	1,914	1,626	1,188	845.78	771.53
Research & Development	524.54	515.58	463.77	320.81	285.94	298.71
Other Operating Expenses	-96.7	-71.88	19.11	23.36	40.92	22.41
Operating Expenses	2,450	2,382	2,134	1,522	1,215	1,067
Operating Income	1,943	2,635	1,729	1,089	548.89	959.69
Interest Expense	-109.99	-95	-52.75	-61.33	-83.25	-28.45
Interest & Investment Income	279.14	304.98	342.58	123.66	239.61	360.29
Currency Exchange Gain (Loss)	-111.94	-111.94	40.92	55	-32.97	-79.98
Other Non Operating Income (Expenses)	156.36	-31.01	-30.67	-17.45	42.5	-113.7
EBT Excluding Unusual Items	2,157	2,702	2,029	1,189	714.77	1,098
Impairment of Goodwill	-13.6	-13.6	-8.68	-9.49	-1.79	-15.48
Gain (Loss) on Sale of Investments	52.99	-177.13	132.41	-107.48	103.7	65.38
Gain (Loss) on Sale of Assets	-0.45	-0.04	-0.1	-1.88	-7.65	-4.9
Asset Writedown	-44.93	-11.31	-1.67	1.57	-4.59	-0.08
Other Unusual Items	183.99	172.96	111.46	80.78	42.38	45.75
Pretax Income	2,335	2,673	2,262	1,152	846.81	1,189
Income Tax Expense	377.62	399.32	341.26	187.04	139.2	227.65
Earnings From Continuing Operations	1,957	2,273	1,921	965.01	707.61	960.88
Minority Interest in Earnings	14.4	-13.72	-17.1	-16.89	-17.57	-4.76
Net Income	1,972	2,260	1,904	948.12	690.04	956.12
Net Income to Common	1,972	2,260	1,904	948.12	690.04	956.12
Net Income Growth	-11.59%	18.69%	100.79%	37.40%	-27.83%	-4.81%
Shares Outstanding (Basic)	1,418	1,412	1,410	1,415	1,380	1,386
Shares Outstanding (Diluted)	1,418	1,412	1,410	1,415	1,380	1,386
Shares Change (YoY)	1.11%	0.14%	-0.35%	2.54%	-0.40%	-0.67%
EPS (Basic)	1.39	1.60	1.35	0.67	0.50	0.69
EPS (Diluted)	1.39	1.60	1.35	0.67	0.50	0.69
EPS Growth	-12.56%	18.52%	101.49%	34.00%	-27.54%	-4.17%
Free Cash Flow	323.12	791.63	1,345	818.7	-96.3	1,024
Free Cash Flow Per Share	0.23	0.56	0.95	0.58	-0.07	0.74
Dividend Per Share	1.375	0.890	0.650	0.350	0.320	0.350
Dividend Growth	111.54%	36.92%	85.71%	9.38%	-8.57%	66.67%
Gross Margin	28.81%	34.36%	33.69%	28.70%	25.11%	28.57%
Operating Margin	12.75%	18.05%	15.08%	11.97%	7.82%	13.53%
Profit Margin	12.93%	15.48%	16.61%	10.42%	9.83%	13.48%
Free Cash Flow Margin	2.12%	5.42%	11.74%	9.00%	-1.37%	14.44%
EBITDA	2,219	2,901	1,981	1,317	744.1	1,147
EBITDA Margin	14.56%	19.87%	17.29%	14.48%	10.60%	16.17%
D&A For EBITDA	276.04	266.07	252.77	228.7	195.22	187.11
EBIT	1,943	2,635	1,729	1,089	548.89	959.69
EBIT Margin	12.75%	18.05%	15.08%	11.97%	7.82%	13.53%
Effective Tax Rate	16.17%	14.94%	15.09%	16.23%	16.44%	19.15%
Revenue as Reported	15,247	14,600	11,463	9,098	7,023	7,093
Advertising Expenses	-	32.21	18.07	11.28	8.04	7.54

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