SHA:601579 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	Mar '26 Mar 31, 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	1,811	1,792	1,604	1,374	1,205	1,231
Other Revenue	30.41	30.41	27.88	37.53	22.37	19.29
Revenue	1,841	1,822	1,631	1,411	1,227	1,250
Revenue Growth (YoY)	9.87%	11.68%	15.60%	15.01%	-1.85%	12.81%
Cost of Revenue	803.13	800.16	788.9	765.4	715.87	741.78
Gross Profit	1,038	1,022	842.55	645.9	511.2	508.43
Selling, General & Admin	581.12	572.6	467.79	346.92	265.67	249.26
Research & Development	40.12	43.35	69.56	30.98	16.46	12.18
Other Operating Expenses	67.16	73.42	65.22	49.74	49.54	45.16
Operating Expenses	693.91	694.89	603.52	428.57	338.14	312.19
Operating Income	343.95	326.96	239.03	217.34	173.06	196.24
Interest Expense	-1.2	-1.2	-0.12	-1.26	-3.42	-4.4
Interest & Investment Income	8.01	8.03	20.13	15.16	12.64	7.61
Currency Exchange Gain (Loss)	-0.6	-0.6	0.05	0.11	1.25	-0.41
Other Non Operating Income (Expenses)	0.94	-0.8	-0.13	-2.39	-1.23	-1.67
EBT Excluding Unusual Items	351.1	332.39	258.96	228.95	182.29	197.37
Impairment of Goodwill	-13.79	-13.79	-7.71	-7.38	-7.65	-5.71
Gain (Loss) on Sale of Investments	-5.99	-3.87	-	-0.85	-0.02	-
Gain (Loss) on Sale of Assets	-2.07	-2.03	-3.33	0.25	14.52	206.98
Asset Writedown	-1.56	-0.12	-	-	-	-
Other Unusual Items	9.84	9.84	11.97	5.35	8.8	-7.71
Pretax Income	337.54	322.42	259.89	226.33	197.94	390.94
Income Tax Expense	65.44	76.83	62.44	58.52	56.87	102.73
Earnings From Continuing Operations	272.1	245.59	197.46	167.81	141.07	288.21
Minority Interest in Earnings	-1.25	-0.95	-1.27	-1.18	3.68	-4.47
Net Income	270.85	244.64	196.19	166.63	144.75	283.73
Net Income to Common	270.85	244.64	196.19	166.63	144.75	283.73
Net Income Growth	36.96%	24.70%	17.74%	15.11%	-48.98%	-1.81%
Shares Outstanding (Basic)	473	470	479	476	483	481
Shares Outstanding (Diluted)	473	470	479	476	483	481
Shares Change (YoY)	-1.50%	-1.68%	0.51%	-1.33%	0.33%	-0.14%
EPS (Basic)	0.57	0.52	0.41	0.35	0.30	0.59
EPS (Diluted)	0.57	0.52	0.41	0.35	0.30	0.59
EPS Growth	39.06%	26.83%	17.14%	16.67%	-49.15%	-1.67%
Free Cash Flow	167.18	133.25	264.08	299.96	153.53	107.86
Free Cash Flow Per Share	0.35	0.28	0.55	0.63	0.32	0.22
Dividend Per Share	0.300	0.300	0.400	0.210	0.300	0.180
Dividend Growth	-25.00%	-25.00%	90.48%	-30.00%	66.67%	260.00%
Gross Margin	56.38%	56.08%	51.64%	45.77%	41.66%	40.67%
Operating Margin	18.68%	17.95%	14.65%	15.40%	14.10%	15.70%
Profit Margin	14.71%	13.43%	12.03%	11.81%	11.80%	22.70%
Free Cash Flow Margin	9.08%	7.31%	16.19%	21.25%	12.51%	8.63%
EBITDA	451.26	440.41	377.01	356.87	310.51	329.92
EBITDA Margin	24.51%	24.17%	23.11%	25.29%	25.30%	26.39%
D&A For EBITDA	107.31	113.45	137.98	139.54	137.45	133.68
EBIT	343.95	326.96	239.03	217.34	173.06	196.24
EBIT Margin	18.68%	17.95%	14.65%	15.40%	14.10%	15.70%
Effective Tax Rate	19.39%	23.83%	24.02%	25.86%	28.73%	26.28%
Revenue as Reported	1,822	1,822	1,631	1,411	1,227	1,250
Advertising Expenses	-	267.18	162.04	80.79	59.99	54.7

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