SHA:603156 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	5,999	5,301	6,023	6,157	5,919	6,901
Other Revenue	34.52	34.52	34.71	4.69	4.1	4.76
Revenue	6,033	5,336	6,058	6,162	5,923	6,906
Revenue Growth (YoY)	7.71%	-11.91%	-1.69%	4.03%	-14.24%	55.99%
Cost of Revenue	3,463	3,051	3,239	3,345	3,251	3,545
Gross Profit	2,571	2,285	2,819	2,817	2,672	3,361
Selling, General & Admin	747.62	745.1	787.2	832.17	944.52	1,048
Research & Development	42.33	41.25	44.04	53.06	28.92	30.98
Other Operating Expenses	8.57	-38.42	-55.35	-48.07	-83.46	48.75
Operating Expenses	797.62	747.35	777.06	835.86	890.12	1,128
Operating Income	1,773	1,538	2,042	1,981	1,782	2,233
Interest Expense	-13.52	-11.4	-11.91	-21.77	-2.75	-
Interest & Investment Income	42.76	47.18	78.12	129.52	85.26	421.37
Other Non Operating Income (Expenses)	1.5	0.11	-20.03	-74.4	-0.21	0.68
EBT Excluding Unusual Items	1,804	1,574	2,088	2,014	1,864	2,655
Gain (Loss) on Sale of Investments	20.74	41.35	135.98	-73.63	77.24	20.46
Gain (Loss) on Sale of Assets	0	-0	-0.18	-0.52	-2.87	-3.76
Asset Writedown	-2.36	-2.36	-18.35	-8.67	-	-
Other Unusual Items	16.46	16.46	-0.05	8.15	10.04	115.71
Pretax Income	1,839	1,629	2,205	1,939	1,948	2,788
Income Tax Expense	413.07	369.33	483.27	471.99	474.06	676.73
Earnings From Continuing Operations	1,425	1,260	1,722	1,467	1,474	2,111
Minority Interest in Earnings	0.02	0.02	0.01	0.03	0.03	-0.02
Net Income	1,425	1,260	1,722	1,467	1,474	2,111
Net Income to Common	1,425	1,260	1,722	1,467	1,474	2,111
Net Income Growth	-4.02%	-26.84%	17.35%	-0.46%	-30.16%	33.78%
Shares Outstanding (Basic)	1,260	1,260	1,263	1,265	1,265	1,265
Shares Outstanding (Diluted)	1,260	1,260	1,263	1,265	1,265	1,265
Shares Change (YoY)	-0.10%	-0.21%	-0.21%	0.00%	-0.00%	-0.00%
EPS (Basic)	1.13	1.00	1.36	1.16	1.17	1.67
EPS (Diluted)	1.13	1.00	1.36	1.16	1.17	1.67
EPS Growth	-3.92%	-26.69%	17.59%	-0.46%	-30.16%	33.78%
Free Cash Flow	1,786	1,920	1,393	2,130	960.67	1,973
Free Cash Flow Per Share	1.42	1.52	1.10	1.68	0.76	1.56
Dividend Per Share	1.500	1.500	1.360	1.600	1.800	2.000
Dividend Growth	10.29%	10.29%	-15.00%	-11.11%	-10.00%	66.67%
Gross Margin	42.61%	42.83%	46.53%	45.71%	45.11%	48.66%
Operating Margin	29.39%	28.82%	33.70%	32.15%	30.08%	32.34%
Profit Margin	23.63%	23.61%	28.43%	23.82%	24.89%	30.56%
Free Cash Flow Margin	29.60%	35.98%	23.00%	34.57%	16.22%	28.57%
EBITDA	1,881	1,644	2,140	2,075	1,880	2,321
EBITDA Margin	31.18%	30.81%	35.33%	33.68%	31.75%	33.60%
D&A For EBITDA	108.06	106.12	98.34	94.31	98.87	87.51
EBIT	1,773	1,538	2,042	1,981	1,782	2,233
EBIT Margin	29.39%	28.82%	33.70%	32.15%	30.08%	32.34%
Effective Tax Rate	22.47%	22.67%	21.92%	24.34%	24.33%	24.28%
Revenue as Reported	6,033	5,336	6,058	6,162	5,923	6,906
Advertising Expenses	-	145.42	182.92	211.02	312.72	428.04

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