SHA:601872 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 - 2020
Period Ending	Jun '25 Jun 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 - 2020
Operating Revenue	25,147	25,799	25,881	29,708	24,412	21,610	Upgrade
Other Revenue	2.14	-	-	-	-	-	Upgrade
Revenue	25,149	25,799	25,881	29,708	24,412	21,610	Upgrade
Revenue Growth (YoY)	-3.74%	-0.32%	-12.88%	21.70%	12.96%	16.13%	Upgrade
Cost of Revenue	18,483	18,467	19,177	23,195	19,836	16,555	Upgrade
Gross Profit	6,667	7,332	6,704	6,513	4,576	5,055	Upgrade
Selling, General & Admin	907.17	926.74	1,058	978.47	919.7	936.61	Upgrade
Research & Development	19.53	18.58	3.94	1.27	0.18	1.71	Upgrade
Other Operating Expenses	133.97	125.11	15.69	32.35	-13.57	-7.79	Upgrade
Operating Expenses	1,068	1,069	1,064	1,031	912.33	919.71	Upgrade
Operating Income	5,599	6,263	5,640	5,482	3,664	4,136	Upgrade
Interest Expense	-1,219	-1,232	-1,269	-858.44	-586.34	-691.82	Upgrade
Interest & Investment Income	802.64	797.66	842.21	164.12	905.37	918.93	Upgrade
Earnings From Equity Investments	-	-	-	645.54	-	-	Upgrade
Currency Exchange Gain (Loss)	63.48	66.18	41.4	310.13	-72.79	-30	Upgrade
Other Non Operating Income (Expenses)	-53.29	-6.44	-2.47	-45.77	-36.13	-66.64	Upgrade
EBT Excluding Unusual Items	5,193	5,889	5,253	5,698	3,874	4,266	Upgrade
Gain (Loss) on Sale of Investments	-0.35	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	160.58	2.85	50.64	272.44	500.38	11.11	Upgrade
Asset Writedown	-0.23	-8.55	-53.08	-27.98	-0.47	-1,009	Upgrade
Legal Settlements	-	-	-1.21	-30.06	-43.46	-24.74	Upgrade
Other Unusual Items	113.62	69.44	165.63	21.66	12.27	15.65	Upgrade
Pretax Income	5,466	5,952	5,415	5,934	4,343	3,259	Upgrade
Income Tax Expense	647.71	743.13	492.96	865.5	684.32	205.22	Upgrade
Earnings From Continuing Operations	4,818	5,209	4,922	5,068	3,659	3,054	Upgrade
Minority Interest in Earnings	-83.37	-101.76	-84.67	18.92	-49.5	-34.42	Upgrade
Net Income	4,735	5,107	4,837	5,087	3,609	3,020	Upgrade
Net Income to Common	4,735	5,107	4,837	5,087	3,609	3,020	Upgrade
Net Income Growth	3.77%	5.59%	-4.92%	40.96%	19.52%	56.24%	Upgrade
Shares Outstanding (Basic)	8,165	8,107	8,062	8,340	7,519	8,053	Upgrade
Shares Outstanding (Diluted)	8,165	8,107	8,062	8,340	7,519	8,053	Upgrade
Shares Change (YoY)	1.89%	0.56%	-3.34%	10.92%	-6.63%	11.12%	Upgrade
EPS (Basic)	0.58	0.63	0.60	0.61	0.48	0.38	Upgrade
EPS (Diluted)	0.58	0.63	0.60	0.61	0.48	0.38	Upgrade
EPS Growth	1.85%	5.00%	-1.64%	27.08%	28.00%	40.61%	Upgrade
Free Cash Flow	1,315	925.99	4,429	4,299	4,079	6,653	Upgrade
Free Cash Flow Per Share	0.16	0.11	0.55	0.52	0.54	0.83	Upgrade
Dividend Per Share	0.226	0.256	0.238	0.190	0.110	0.103	Upgrade
Dividend Growth	-33.14%	7.56%	25.26%	72.73%	6.49%	24.01%	Upgrade
Gross Margin	26.51%	28.42%	25.90%	21.92%	18.75%	23.39%	Upgrade
Operating Margin	22.26%	24.27%	21.79%	18.45%	15.01%	19.14%	Upgrade
Profit Margin	18.83%	19.80%	18.69%	17.12%	14.78%	13.97%	Upgrade
Free Cash Flow Margin	5.23%	3.59%	17.11%	14.47%	16.71%	30.79%	Upgrade
EBITDA	7,980	8,544	7,843	7,544	5,628	6,347	Upgrade
EBITDA Margin	31.73%	33.12%	30.30%	25.39%	23.05%	29.37%	Upgrade
D&A For EBITDA	2,381	2,281	2,202	2,062	1,964	2,211	Upgrade
EBIT	5,599	6,263	5,640	5,482	3,664	4,136	Upgrade
EBIT Margin	22.26%	24.27%	21.79%	18.45%	15.01%	19.14%	Upgrade
Effective Tax Rate	11.85%	12.48%	9.10%	14.59%	15.76%	6.30%	Upgrade
Revenue as Reported	25,149	25,799	25,881	29,708	24,412	21,610	Upgrade

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