SHA:601599 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,230	2,892	2,736	2,603	2,257
Other Revenue	-	147.99	129.47	128.27	194.76
Revenue	3,230	3,040	2,866	2,732	2,452
Revenue Growth (YoY)	6.22%	6.09%	4.91%	11.40%	44.86%
Cost of Revenue	2,648	2,659	2,439	2,392	2,209
Gross Profit	581.19	381.38	426.83	340.24	243.22
Selling, General & Admin	301.25	264.07	265.24	243.62	246.57
Research & Development	44.18	28.55	26.75	19.36	26.8
Other Operating Expenses	-115.55	10.88	12.79	14.3	12.17
Operating Expenses	229.89	303.03	313.55	323.66	377.86
Operating Income	351.3	78.35	113.28	16.58	-134.64
Interest Expense	-	-12.82	-14.16	-27.23	-50.88
Interest & Investment Income	0.7	19.12	21.53	29.2	16.66
Currency Exchange Gain (Loss)	-	9.12	-10.4	18.14	-1.54
Other Non Operating Income (Expenses)	-17.46	-6.71	-6.25	-8.26	-12.7
EBT Excluding Unusual Items	334.54	87.07	104	28.43	-183.11
Impairment of Goodwill	-	-	-	-	-5.82
Gain (Loss) on Sale of Investments	-	-0.47	-16.32	-	-
Gain (Loss) on Sale of Assets	0.78	1.94	11.3	4.66	425.72
Asset Writedown	-155.33	-	-0	-0.11	-0
Other Unusual Items	-	45.23	53.75	49.81	40.46
Pretax Income	179.99	133.77	152.72	82.79	277.24
Income Tax Expense	38.93	11.39	50.63	-0.48	196.9
Earnings From Continuing Operations	141.06	122.38	102.09	83.27	80.33
Minority Interest in Earnings	-8.35	-2.23	-1.51	-1.51	4.95
Net Income	132.72	120.15	100.58	81.76	85.28
Net Income to Common	132.72	120.15	100.58	81.76	85.28
Net Income Growth	10.46%	19.46%	23.01%	-4.13%	-
Shares Outstanding (Basic)	1,207	1,201	1,118	1,168	1,066
Shares Outstanding (Diluted)	1,207	1,201	1,118	1,168	1,066
Shares Change (YoY)	0.42%	7.51%	-4.33%	9.57%	18.90%
EPS (Basic)	0.11	0.10	0.09	0.07	0.08
EPS (Diluted)	0.11	0.10	0.09	0.07	0.08
EPS Growth	10.00%	11.11%	28.57%	-12.50%	-
Free Cash Flow	302.32	170.08	60.78	292.13	443.42
Free Cash Flow Per Share	0.25	0.14	0.05	0.25	0.42
Gross Margin	18.00%	12.54%	14.89%	12.46%	9.92%
Operating Margin	10.88%	2.58%	3.95%	0.61%	-5.49%
Profit Margin	4.11%	3.95%	3.51%	2.99%	3.48%
Free Cash Flow Margin	9.36%	5.59%	2.12%	10.69%	18.08%
EBITDA	431.49	113.35	171.84	80.66	-40.07
EBITDA Margin	13.36%	3.73%	6.00%	2.95%	-1.63%
D&A For EBITDA	80.19	35	58.55	64.08	94.57
EBIT	351.3	78.35	113.28	16.58	-134.64
EBIT Margin	10.88%	2.58%	3.95%	0.61%	-5.49%
Effective Tax Rate	21.63%	8.51%	33.15%	-	71.02%
Revenue as Reported	-	3,040	2,866	2,732	2,452

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.