SHA:601999 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	2,264	2,370	2,347	2,532	2,803	2,429
Other Revenue	56.54	56.54	65.17	79.55	65.69	113.17
Revenue	2,321	2,426	2,412	2,611	2,869	2,542
Revenue Growth (YoY)	-3.00%	0.60%	-7.64%	-8.98%	12.85%	-6.22%
Cost of Revenue	1,813	1,914	1,934	2,153	2,348	2,080
Gross Profit	508.03	512.6	478.16	458.3	520.58	461.62
Selling, General & Admin	391.67	405.28	439.65	453.56	462.2	465.22
Research & Development	11.69	12.53	14.8	14.88	16.38	7.74
Other Operating Expenses	6.8	4.88	5.07	2.85	2.26	2.1
Operating Expenses	431.95	446.28	469.35	479.86	486.52	490.58
Operating Income	76.08	66.32	8.82	-21.56	34.06	-28.96
Interest Expense	-5.35	-8.1	-10.74	-13.62	-15.29	-
Interest & Investment Income	27.3	29.26	30.46	36.21	26.6	11.45
Currency Exchange Gain (Loss)	0	0	0.21	0.08	0.01	-0.06
Other Non Operating Income (Expenses)	-6.14	-5.17	-20.41	-2.13	-2.57	-2.29
EBT Excluding Unusual Items	91.89	82.32	8.34	-1.03	42.81	-19.86
Gain (Loss) on Sale of Investments	1.38	-	-8.59	0	0	-5.35
Gain (Loss) on Sale of Assets	7.38	6.15	4.08	7.41	-0.05	126.15
Asset Writedown	-5.03	-	-	-0.45	-	-
Legal Settlements	-	-	-	-	0	5.07
Other Unusual Items	36.27	36.19	70.37	67.94	64.74	48
Pretax Income	131.9	124.66	74.2	73.86	107.5	154.01
Income Tax Expense	-2.61	25.38	-24.78	0.17	0.8	0.23
Earnings From Continuing Operations	134.51	99.28	98.97	73.7	106.7	153.78
Minority Interest in Earnings	0.77	2.89	13.14	1.67	2.07	-1.06
Net Income	135.28	102.18	112.12	75.36	108.77	152.71
Net Income to Common	135.28	102.18	112.12	75.36	108.77	152.71
Net Income Growth	45.98%	-8.87%	48.77%	-30.71%	-28.78%	2.99%
Shares Outstanding (Basic)	540	538	561	538	544	545
Shares Outstanding (Diluted)	540	538	561	538	544	545
Shares Change (YoY)	-0.05%	-4.07%	4.14%	-1.01%	-0.29%	-0.69%
EPS (Basic)	0.25	0.19	0.20	0.14	0.20	0.28
EPS (Diluted)	0.25	0.19	0.20	0.14	0.20	0.28
EPS Growth	46.05%	-5.00%	42.86%	-30.00%	-28.57%	3.70%
Free Cash Flow	143.99	113.26	221.74	109.84	99.18	74.15
Free Cash Flow Per Share	0.27	0.21	0.40	0.20	0.18	0.14
Dividend Per Share	0.060	0.060	0.062	0.042	0.060	0.085
Dividend Growth	-3.23%	-3.23%	47.62%	-30.00%	-29.41%	3.66%
Gross Margin	21.89%	21.13%	19.83%	17.55%	18.15%	18.16%
Operating Margin	3.28%	2.73%	0.37%	-0.83%	1.19%	-1.14%
Profit Margin	5.83%	4.21%	4.65%	2.89%	3.79%	6.01%
Free Cash Flow Margin	6.21%	4.67%	9.19%	4.21%	3.46%	2.92%
EBITDA	114.65	106.61	51.39	23.8	81.14	18.19
EBITDA Margin	4.94%	4.39%	2.13%	0.91%	2.83%	0.72%
D&A For EBITDA	38.57	40.28	42.57	45.36	47.08	47.15
EBIT	76.08	66.32	8.82	-21.56	34.06	-28.96
EBIT Margin	3.28%	2.73%	0.37%	-0.83%	1.19%	-1.14%
Effective Tax Rate	-	20.36%	-	0.22%	0.74%	0.15%
Revenue as Reported	2,321	2,426	2,412	2,611	2,869	2,542
Advertising Expenses	-	27.76	24.17	23.82	21.39	17.24

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