SHA:601686 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	2016 - 2019
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	2016 - 2019
Operating Revenue	48,149	50,227	55,422	61,923	62,865	45,913	Upgrade
Other Revenue	4,595	4,595	5,497	5,438	4,001	2,505	Upgrade
Revenue	52,744	54,822	60,918	67,360	66,866	48,419	Upgrade
Revenue Growth (YoY)	-3.64%	-10.01%	-9.56%	0.74%	38.10%	8.20%	Upgrade
Cost of Revenue	50,754	53,213	59,189	66,198	65,236	46,187	Upgrade
Gross Profit	1,989	1,609	1,729	1,163	1,630	2,231	Upgrade
Selling, General & Admin	652.47	557.24	577.62	487.83	469.81	438.15	Upgrade
Research & Development	123.74	145.31	91.76	22.43	24.15	5.91	Upgrade
Other Operating Expenses	-13	49.25	129.69	153.96	102.17	92.42	Upgrade
Operating Expenses	864.65	860.46	861.87	669.56	614.51	544.3	Upgrade
Operating Income	1,125	748.16	866.92	493.13	1,015	1,687	Upgrade
Interest Expense	-151.89	-186.3	-196.46	-192.76	-127.04	-88.99	Upgrade
Interest & Investment Income	160.52	126.68	64.74	58.34	37.92	29.64	Upgrade
Currency Exchange Gain (Loss)	2.52	2.52	0.16	-	-	-0	Upgrade
Other Non Operating Income (Expenses)	-42.64	-31.82	-8.1	-17.42	-9.42	-4.82	Upgrade
EBT Excluding Unusual Items	1,093	659.24	727.27	341.28	916.53	1,623	Upgrade
Gain (Loss) on Sale of Investments	-37.47	-19.8	-20.2	-21.84	-111.74	-86.9	Upgrade
Gain (Loss) on Sale of Assets	-8.82	-9.88	-4.63	-8.87	-10.19	-7.93	Upgrade
Asset Writedown	2.49	-15.51	-	-	-	-	Upgrade
Other Unusual Items	73.8	73.8	48.8	62.38	40.1	39.66	Upgrade
Pretax Income	1,123	687.84	751.24	372.95	834.7	1,568	Upgrade
Income Tax Expense	216.06	205.74	179.25	154.38	254.82	390.86	Upgrade
Earnings From Continuing Operations	907.19	482.1	572	218.57	579.88	1,177	Upgrade
Minority Interest in Earnings	-81.35	-57.32	-2.13	78.46	34.26	-33.75	Upgrade
Net Income	825.84	424.78	569.87	297.03	614.14	1,143	Upgrade
Net Income to Common	825.84	424.78	569.87	297.03	614.14	1,143	Upgrade
Net Income Growth	255.52%	-25.46%	91.85%	-51.63%	-46.27%	32.20%	Upgrade
Shares Outstanding (Basic)	1,384	1,416	1,425	1,414	1,428	1,284	Upgrade
Shares Outstanding (Diluted)	1,384	1,416	1,425	1,414	1,428	1,284	Upgrade
Shares Change (YoY)	-3.94%	-0.61%	0.72%	-0.97%	11.21%	1.01%	Upgrade
EPS (Basic)	0.60	0.30	0.40	0.21	0.43	0.89	Upgrade
EPS (Diluted)	0.60	0.30	0.40	0.21	0.43	0.89	Upgrade
EPS Growth	270.09%	-25.00%	90.48%	-51.16%	-51.69%	30.88%	Upgrade
Free Cash Flow	-555.85	969.82	6.68	-696.12	-1,536	-320.98	Upgrade
Free Cash Flow Per Share	-0.40	0.69	0.01	-0.49	-1.07	-0.25	Upgrade
Dividend Per Share	0.450	0.300	0.300	0.150	0.150	0.450	Upgrade
Dividend Growth	200.00%	-	100.00%	-	-66.67%	87.50%	Upgrade
Gross Margin	3.77%	2.93%	2.84%	1.73%	2.44%	4.61%	Upgrade
Operating Margin	2.13%	1.36%	1.42%	0.73%	1.52%	3.48%	Upgrade
Profit Margin	1.57%	0.78%	0.94%	0.44%	0.92%	2.36%	Upgrade
Free Cash Flow Margin	-1.05%	1.77%	0.01%	-1.03%	-2.30%	-0.66%	Upgrade
EBITDA	1,695	1,299	1,393	936.28	1,317	1,916	Upgrade
EBITDA Margin	3.21%	2.37%	2.29%	1.39%	1.97%	3.96%	Upgrade
D&A For EBITDA	569.86	551.16	526.22	443.15	301.96	229.27	Upgrade
EBIT	1,125	748.16	866.92	493.13	1,015	1,687	Upgrade
EBIT Margin	2.13%	1.36%	1.42%	0.73%	1.52%	3.48%	Upgrade
Effective Tax Rate	19.23%	29.91%	23.86%	41.39%	30.53%	24.93%	Upgrade
Revenue as Reported	52,744	54,822	60,918	67,360	66,866	48,419	Upgrade
Advertising Expenses	-	19.09	14.97	17.21	27.92	33.59	Upgrade

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