SHA:601636 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	15,535	15,355	15,512	13,144	14,587	9,540
Other Revenue	294.37	294.37	171.06	168.19	109.79	102.97
Revenue	15,829	15,649	15,683	13,313	14,697	9,643
Revenue Growth (YoY)	-1.67%	-0.21%	17.80%	-9.42%	52.40%	3.63%
Cost of Revenue	14,398	13,466	11,859	10,517	7,509	6,168
Gross Profit	1,431	2,183	3,824	2,796	7,188	3,476
Selling, General & Admin	580.14	981.29	1,002	813.51	1,409	698.91
Research & Development	529.81	584.89	572.23	499.81	647.07	428.04
Other Operating Expenses	106.31	85.78	141.37	135.86	176.5	125.79
Operating Expenses	1,246	1,689	1,725	1,453	2,241	1,255
Operating Income	185.09	493.68	2,099	1,343	4,947	2,221
Interest Expense	-434.23	-358.74	-233.9	-148.14	-104.61	-124.01
Interest & Investment Income	51.12	57.79	75.07	116.95	78.96	14.75
Earnings From Equity Investments	-	-	-	-	-	2.45
Currency Exchange Gain (Loss)	-9.92	-9.92	2.56	22.36	-37.18	-15.37
Other Non Operating Income (Expenses)	8.2	-11.69	-11.46	-24.37	-3.3	-6.45
EBT Excluding Unusual Items	-199.75	171.12	1,931	1,310	4,880	2,092
Gain (Loss) on Sale of Investments	-2.94	-2.82	-8.11	-5.22	-4.35	-
Gain (Loss) on Sale of Assets	518.59	-14.04	-57.3	2.35	-7.76	-1.98
Asset Writedown	-11.78	-15.95	-60.16	-17.1	-55.49	-129.37
Other Unusual Items	122.43	122.43	166.2	144.99	104.05	117.49
Pretax Income	426.55	260.74	1,972	1,435	4,917	2,078
Income Tax Expense	-42.15	-3.27	250.11	111.07	690.29	268.78
Earnings From Continuing Operations	468.7	264.01	1,722	1,324	4,227	1,809
Minority Interest in Earnings	129.94	118.58	29	-7.44	14.1	4.65
Net Income	598.64	382.59	1,751	1,317	4,241	1,814
Net Income to Common	598.64	382.59	1,751	1,317	4,241	1,814
Net Income Growth	-50.39%	-78.15%	32.98%	-68.95%	133.77%	34.73%
Shares Outstanding (Basic)	2,678	2,666	2,672	2,672	2,625	2,631
Shares Outstanding (Diluted)	2,784	2,666	2,720	2,693	2,717	2,657
Shares Change (YoY)	3.84%	-1.98%	1.02%	-0.90%	2.27%	1.80%
EPS (Basic)	0.22	0.14	0.66	0.49	1.62	0.69
EPS (Diluted)	0.22	0.14	0.64	0.49	1.56	0.68
EPS Growth	-52.23%	-77.71%	31.64%	-68.67%	128.57%	32.35%
Free Cash Flow	-290.7	-2,220	-3,834	-3,612	3,627	1,966
Free Cash Flow Per Share	-0.10	-0.83	-1.41	-1.34	1.33	0.74
Dividend Per Share	0.045	0.045	0.330	0.250	0.800	0.350
Dividend Growth	-86.36%	-86.36%	32.00%	-68.75%	128.57%	16.67%
Gross Margin	9.04%	13.95%	24.38%	21.00%	48.91%	36.04%
Operating Margin	1.17%	3.16%	13.38%	10.09%	33.66%	23.03%
Profit Margin	3.78%	2.44%	11.16%	9.89%	28.85%	18.81%
Free Cash Flow Margin	-1.84%	-14.19%	-24.45%	-27.13%	24.68%	20.39%
EBITDA	2,053	2,086	3,323	2,382	5,909	3,157
EBITDA Margin	12.97%	13.33%	21.19%	17.89%	40.21%	32.73%
D&A For EBITDA	1,868	1,592	1,224	1,038	962.65	936.09
EBIT	185.09	493.68	2,099	1,343	4,947	2,221
EBIT Margin	1.17%	3.16%	13.38%	10.09%	33.66%	23.03%
Effective Tax Rate	-	-	12.68%	7.74%	14.04%	12.93%
Revenue as Reported	15,829	15,649	15,683	13,313	14,697	9,643

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