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	Sep '26 Sep 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	6,392	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	6,426	5,336	6,058	6,162	5,923	6,906
Revenue Growth	12.07%	-11.91%	-1.69%	4.03%	-14.24%	55.99%
Cost of Revenue	3,822	3,051	3,239	3,345	3,251	3,545
Gross Profit	2,604	2,285	2,819	2,817	2,672	3,361
Selling, General & Admin	757.65	745.1	787.2	832.17	944.52	1,048
Research & Development	37.15	41.25	44.04	53.06	28.92	30.98
Other Operating Expenses	22.33	-38.42	-55.35	-48.07	-83.46	48.75
Operating Expenses	816.28	747.35	777.06	835.86	890.12	1,128
Operating Income	1,788	1,538	2,042	1,981	1,782	2,233
Interest Expense	-79.04	-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)	3.42	0.11	-20.03	-74.4	-0.21	0.68
EBT Excluding Unusual Items	1,713	1,574	2,088	2,014	1,864	2,655
Gain (Loss) on Sale of Investments	108.15	41.35	135.98	-73.63	77.24	20.46
Gain (Loss) on Sale of Assets	-0.4	-0	-0.18	-0.52	-2.87	-3.76
Asset Writedown	-2.36	-2.36	-18.35	-8.67	-	-
Other Unusual Items	15.39	16.46	-0.05	8.15	10.04	115.71
Pretax Income	1,833	1,629	2,205	1,939	1,948	2,788
Income Tax Expense	562.03	369.33	483.27	471.99	474.06	676.73
Earnings From Continuing Operations	1,271	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	1,271	1,260	1,722	1,467	1,474	2,111
Net Income to Common	1,271	1,260	1,722	1,467	1,474	2,111
Net Income Growth	-21.13%	-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	-0.01%	-0.21%	-0.21%	0.00%	-0.00%	-0.00%
EPS (Basic)	1.01	1.00	1.36	1.16	1.17	1.67
EPS (Diluted)	1.01	1.00	1.36	1.16	1.17	1.67
EPS Growth	-21.12%	-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	Sep '26 Sep 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	2,049	1,920	1,393	2,130	960.67	1,973
Free Cash Flow Per Share	1.63	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	-19.36%	10.29%	-15.00%	-11.11%	-10.00%	66.67%
Gross Margin	40.53%	42.83%	46.53%	45.71%	45.11%	48.66%
Operating Margin	27.83%	28.82%	33.70%	32.15%	30.08%	32.34%
Profit Margin	19.78%	23.61%	28.43%	23.82%	24.89%	30.56%
Free Cash Flow Margin	31.88%	35.98%	23.00%	34.57%	16.22%	28.57%
EBITDA	1,900	1,644	2,140	2,075	1,880	2,321
EBITDA Margin	29.57%	30.81%	35.33%	33.68%	31.75%	33.60%
D&A For EBITDA	111.96	106.12	98.34	94.31	98.87	87.51
EBIT	1,788	1,538	2,042	1,981	1,782	2,233
EBIT Margin	27.83%	28.82%	33.70%	32.15%	30.08%	32.34%
Effective Tax Rate	30.66%	22.67%	21.92%	24.34%	24.33%	24.28%
Revenue as Reported	6,426	5,336	6,058	6,162	5,923	6,906
Advertising Expenses	-	145.42	182.92	211.02	312.72	428.04