SHA:601567 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	13,395	14,140	14,384	11,261	8,939	6,911
Other Revenue	255.42	221.02	216.26	201.71	158.82	112.31
Revenue	13,651	14,361	14,600	11,463	9,098	7,023
Revenue Growth	-12.35%	-1.64%	27.38%	25.99%	29.55%	-0.98%
Cost of Revenue	10,225	10,448	9,584	7,600	6,487	5,259
Gross Profit	3,426	3,913	5,017	3,862	2,611	1,764
Selling, General & Admin	1,930	1,929	1,914	1,626	1,188	845.78
Research & Development	589.04	598.27	515.58	463.77	320.81	285.94
Other Operating Expenses	74.38	-14.67	-71.88	19.11	23.36	40.92
Operating Expenses	2,716	2,589	2,382	2,134	1,522	1,215
Operating Income	710.26	1,323	2,635	1,729	1,089	548.89
Interest Expense	-135.37	-124.49	-95	-52.75	-61.33	-83.25
Interest & Investment Income	280.24	257.25	304.98	342.58	123.66	239.61
Currency Exchange Gain (Loss)	-67.49	139.42	-111.94	40.92	55	-32.97
Other Non Operating Income (Expenses)	-62.37	-33.48	-31.01	-30.67	-17.45	42.5
EBT Excluding Unusual Items	725.27	1,562	2,702	2,029	1,189	714.77
Impairment of Goodwill	-355.86	-355.86	-13.6	-8.68	-9.49	-1.79
Gain (Loss) on Sale of Investments	289.24	245.13	-177.13	132.41	-107.48	103.7
Gain (Loss) on Sale of Assets	-1.18	0.6	-0.04	-0.1	-1.88	-7.65
Asset Writedown	-11.74	-8.01	-11.31	-1.67	1.57	-4.59
Other Unusual Items	198.52	134.83	172.96	111.46	80.78	42.38
Pretax Income	844.25	1,579	2,673	2,262	1,152	846.81
Income Tax Expense	263.92	330	399.32	341.26	187.04	139.2
Earnings From Continuing Operations	580.34	1,249	2,273	1,921	965.01	707.61
Minority Interest in Earnings	9.75	25.12	-13.72	-17.1	-16.89	-17.57
Net Income	590.08	1,274	2,260	1,904	948.12	690.04
Net Income to Common	590.08	1,274	2,260	1,904	948.12	690.04
Net Income Growth	-74.78%	-43.62%	18.69%	100.79%	37.40%	-27.83%
Shares Outstanding (Basic)	1,409	1,416	1,412	1,410	1,415	1,380
Shares Outstanding (Diluted)	1,409	1,416	1,412	1,410	1,415	1,380
Shares Change	-0.03%	0.24%	0.14%	-0.35%	2.54%	-0.40%
EPS (Basic)	0.42	0.90	1.60	1.35	0.67	0.50
EPS (Diluted)	0.42	0.90	1.60	1.35	0.67	0.50
EPS Growth	-74.77%	-43.75%	18.52%	101.49%	34.00%	-27.54%

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	1,241	831.91	791.63	1,345	818.7	-96.3
Free Cash Flow Per Share	0.88	0.59	0.56	0.95	0.58	-0.07
Dividend Per Share	0.145	0.630	0.890	0.650	0.350	0.320
Dividend Growth	-89.45%	-29.21%	36.92%	85.71%	9.38%	-8.57%
Gross Margin	25.10%	27.25%	34.36%	33.69%	28.70%	25.11%
Operating Margin	5.20%	9.22%	18.05%	15.08%	11.97%	7.82%
Profit Margin	4.32%	8.87%	15.48%	16.61%	10.42%	9.83%
Free Cash Flow Margin	9.09%	5.79%	5.42%	11.74%	9.00%	-1.37%
EBITDA	1,070	1,632	2,911	1,981	1,317	744.1
EBITDA Margin	7.84%	11.37%	19.94%	17.29%	14.48%	10.60%
D&A For EBITDA	360.22	308.97	276.45	252.77	228.7	195.22
EBIT	710.26	1,323	2,635	1,729	1,089	548.89
EBIT Margin	5.20%	9.22%	18.05%	15.08%	11.97%	7.82%
Effective Tax Rate	31.26%	20.90%	14.94%	15.09%	16.23%	16.44%
Revenue as Reported	13,651	14,361	14,600	11,463	9,098	7,023
Advertising Expenses	-	39.1	32.21	18.07	11.28	8.04