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	Jun '26 Jun 30, 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	6,336	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	6,371	5,336	6,058	6,162	5,923	6,906
Revenue Growth	14.14%	-11.91%	-1.69%	4.03%	-14.24%	55.99%
Cost of Revenue	3,763	3,051	3,239	3,345	3,251	3,545
Gross Profit	2,608	2,285	2,819	2,817	2,672	3,361
Selling, General & Admin	747.32	745.1	787.2	832.17	944.52	1,048
Research & Development	39.88	41.25	44.04	53.06	28.92	30.98
Other Operating Expenses	18.9	-38.42	-55.35	-48.07	-83.46	48.75
Operating Expenses	805.52	747.35	777.06	835.86	890.12	1,128
Operating Income	1,803	1,538	2,042	1,981	1,782	2,233
Interest Expense	-28.41	-11.4	-11.91	-21.77	-2.75	-
Interest & Investment Income	-	47.18	78.12	129.52	85.26	421.37
Other Non Operating Income (Expenses)	-12.35	0.11	-20.03	-74.4	-0.21	0.68
EBT Excluding Unusual Items	1,762	1,574	2,088	2,014	1,864	2,655
Gain (Loss) on Sale of Investments	156.27	41.35	135.98	-73.63	77.24	20.46
Gain (Loss) on Sale of Assets	-0.45	-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	1,932	1,629	2,205	1,939	1,948	2,788
Income Tax Expense	561.86	369.33	483.27	471.99	474.06	676.73
Earnings From Continuing Operations	1,370	1,260	1,722	1,467	1,474	2,111
Minority Interest in Earnings	0.04	0.02	0.01	0.03	0.03	-0.02
Net Income	1,370	1,260	1,722	1,467	1,474	2,111
Net Income to Common	1,370	1,260	1,722	1,467	1,474	2,111
Net Income Growth	-4.61%	-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	-0.03%	-0.21%	-0.21%	0.00%	-0.00%	-0.00%
EPS (Basic)	1.09	1.00	1.36	1.16	1.17	1.67
EPS (Diluted)	1.09	1.00	1.36	1.16	1.17	1.67
EPS Growth	-4.58%	-26.69%	17.59%	-0.46%	-30.16%	33.78%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	2,255	1,920	1,393	2,130	960.67	1,973
Free Cash Flow Per Share	1.79	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	40.94%	42.83%	46.53%	45.71%	45.11%	48.66%
Operating Margin	28.29%	28.82%	33.70%	32.15%	30.08%	32.34%
Profit Margin	21.50%	23.61%	28.43%	23.82%	24.89%	30.56%
Free Cash Flow Margin	35.40%	35.98%	23.00%	34.57%	16.22%	28.57%
EBITDA	1,907	1,644	2,140	2,075	1,880	2,321
EBITDA Margin	29.93%	30.81%	35.33%	33.68%	31.75%	33.60%
D&A For EBITDA	104.33	106.12	98.34	94.31	98.87	87.51
EBIT	1,803	1,538	2,042	1,981	1,782	2,233
EBIT Margin	28.29%	28.82%	33.70%	32.15%	30.08%	32.34%
Effective Tax Rate	29.09%	22.67%	21.92%	24.34%	24.33%	24.28%
Revenue as Reported	5,336	5,336	6,058	6,162	5,923	6,906
Advertising Expenses	-	145.42	182.92	211.02	312.72	428.04