SHA:601811 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	11,608	12,148	11,690	10,778	10,294	8,873
Other Revenue	180.09	180.09	178.94	152.09	166.56	134.68
Revenue	11,788	12,329	11,868	10,930	10,460	9,008
Revenue Growth (YoY)	-4.29%	3.88%	8.58%	4.49%	16.12%	1.87%
Cost of Revenue	7,579	7,875	7,430	6,964	6,715	5,531
Gross Profit	4,209	4,453	4,438	3,966	3,745	3,478
Selling, General & Admin	3,022	3,086	2,992	2,603	2,554	2,374
Research & Development	37.83	30.46	19.98	14.17	3.79	3.04
Other Operating Expenses	-6.15	-21.52	-33.48	-23.54	-11.81	-42.67
Operating Expenses	2,994	3,128	3,074	2,733	2,677	2,476
Operating Income	1,215	1,325	1,364	1,233	1,069	1,001
Interest Expense	-14.02	-12.44	-17.88	-20.98	-19.49	-22.16
Interest & Investment Income	420.47	426.88	321.53	284.78	221.85	247.7
Currency Exchange Gain (Loss)	-	-	-	-	-	-10.08
Other Non Operating Income (Expenses)	15.31	-13.94	-25.55	-11.83	-11.69	-60.16
EBT Excluding Unusual Items	1,637	1,726	1,643	1,485	1,259	1,156
Gain (Loss) on Sale of Investments	66.95	-9.94	-57.01	-135.14	71.69	94.98
Gain (Loss) on Sale of Assets	1.3	1.86	2.52	40.69	1.95	0.26
Asset Writedown	-9.82	3.15	-3.51	-0.02	-	-0.56
Other Unusual Items	-17.55	-11.75	-21.38	-11.08	-24.19	-
Pretax Income	1,678	1,709	1,563	1,380	1,309	1,251
Income Tax Expense	-17.23	105.26	-65.18	-11.44	5.45	8.17
Earnings From Continuing Operations	1,695	1,604	1,628	1,391	1,303	1,243
Minority Interest in Earnings	-64.68	-58.81	-49.2	5.44	2.66	19.78
Net Income	1,630	1,545	1,579	1,397	1,306	1,263
Net Income to Common	1,630	1,545	1,579	1,397	1,306	1,263
Net Income Growth	6.57%	-2.17%	13.06%	6.95%	3.42%	10.86%
Shares Outstanding (Basic)	1,235	1,236	1,234	1,236	1,232	1,234
Shares Outstanding (Diluted)	1,235	1,236	1,234	1,236	1,232	1,234
Shares Change (YoY)	0.07%	0.18%	-0.18%	0.32%	-0.15%	-0.34%
EPS (Basic)	1.32	1.25	1.28	1.13	1.06	1.02
EPS (Diluted)	1.32	1.25	1.28	1.13	1.06	1.02
EPS Growth	6.49%	-2.34%	13.27%	6.60%	3.57%	11.24%
Free Cash Flow	1,716	1,621	2,173	1,808	1,774	1,572
Free Cash Flow Per Share	1.39	1.31	1.76	1.46	1.44	1.27
Dividend Per Share	0.600	0.600	0.400	0.340	0.320	0.310
Dividend Growth	1.70%	50.00%	17.65%	6.25%	3.23%	3.33%
Gross Margin	35.71%	36.12%	37.39%	36.28%	35.80%	38.61%
Operating Margin	10.31%	10.75%	11.50%	11.28%	10.22%	11.11%
Profit Margin	13.83%	12.53%	13.30%	12.78%	12.48%	14.02%
Free Cash Flow Margin	14.56%	13.15%	18.30%	16.54%	16.96%	17.46%
EBITDA	1,365	1,493	1,556	1,398	1,243	1,120
EBITDA Margin	11.58%	12.11%	13.11%	12.79%	11.88%	12.44%
D&A For EBITDA	150.04	167.92	191.75	164.45	174.32	119.28
EBIT	1,215	1,325	1,364	1,233	1,069	1,001
EBIT Margin	10.31%	10.75%	11.50%	11.28%	10.22%	11.11%
Effective Tax Rate	-	6.16%	-	-	0.42%	0.65%
Revenue as Reported	11,788	12,329	11,868	10,930	10,460	-
Advertising Expenses	-	309.36	291.59	219.23	132.46	129.79

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