SHA:603659 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	16,668	15,532	13,361	15,205	15,417	8,972
Other Revenue	179.48	179.48	87.38	135.29	47.31	23.6
Revenue	16,847	15,711	13,448	15,340	15,464	8,996
Revenue Growth (YoY)	23.61%	16.83%	-12.33%	-0.80%	71.90%	70.36%
Cost of Revenue	11,884	11,010	10,439	11,355	10,049	5,838
Gross Profit	4,963	4,701	3,009	3,985	5,415	3,158
Selling, General & Admin	942.83	897.54	769.34	844.6	817.25	518.27
Research & Development	940.62	888.24	743.38	960.65	921.44	542.74
Other Operating Expenses	35.38	6.45	-26.06	-62.62	86.08	60.45
Operating Expenses	1,941	1,839	1,508	1,756	1,882	1,167
Operating Income	3,021	2,862	1,502	2,229	3,533	1,990
Interest Expense	-236.71	-235.49	-255.94	-252.32	-151.48	-83.1
Interest & Investment Income	223.23	213.19	230.3	194.14	160.72	120.92
Currency Exchange Gain (Loss)	-1.22	-1.22	20.84	8.69	36.21	-17.98
Other Non Operating Income (Expenses)	-19.11	-25.33	-26.86	1.45	-11.89	-15.1
EBT Excluding Unusual Items	2,987	2,813	1,470	2,181	3,567	1,995
Impairment of Goodwill	-	-	-10.92	-	-	-
Gain (Loss) on Sale of Investments	29.37	44.4	4.27	28.77	6.29	-54.6
Gain (Loss) on Sale of Assets	-6.03	-5.95	-4.7	-12.16	-11.89	-4.12
Asset Writedown	71.3	-7.6	-90.11	-	-61.06	-9.31
Other Unusual Items	155.24	105.43	147.96	153.97	171.2	102.07
Pretax Income	3,237	2,949	1,517	2,351	3,671	2,029
Income Tax Expense	401.5	344.41	132.5	214.37	347.08	246.4
Earnings From Continuing Operations	2,836	2,605	1,384	2,137	3,324	1,783
Minority Interest in Earnings	-260.44	-245.5	-193.62	-225.32	-219.91	-34.15
Net Income	2,575	2,359	1,191	1,912	3,104	1,749
Net Income to Common	2,575	2,359	1,191	1,912	3,104	1,749
Net Income Growth	108.79%	98.14%	-37.72%	-38.42%	77.53%	161.93%
Shares Outstanding (Basic)	2,110	2,106	2,126	2,012	2,016	1,996
Shares Outstanding (Diluted)	2,110	2,106	2,126	2,034	2,016	2,012
Shares Change (YoY)	-0.80%	-0.93%	4.55%	0.88%	0.18%	12.25%
EPS (Basic)	1.22	1.12	0.56	0.95	1.54	0.88
EPS (Diluted)	1.22	1.12	0.56	0.94	1.54	0.87
EPS Growth	110.48%	100.00%	-40.43%	-38.96%	77.22%	133.35%
Free Cash Flow	1,180	1,178	-891.64	-2,853	-1,608	-946.86
Free Cash Flow Per Share	0.56	0.56	-0.42	-1.40	-0.80	-0.47
Dividend Per Share	0.230	0.230	0.170	0.140	0.234	0.174
Dividend Growth	35.29%	35.29%	21.43%	-40.30%	34.92%	72.08%
Gross Margin	29.46%	29.92%	22.38%	25.98%	35.02%	35.10%
Operating Margin	17.93%	18.21%	11.17%	14.53%	22.85%	22.13%
Profit Margin	15.29%	15.02%	8.85%	12.46%	20.08%	19.44%
Free Cash Flow Margin	7.00%	7.50%	-6.63%	-18.60%	-10.40%	-10.53%
EBITDA	4,037	3,842	2,340	2,888	4,055	2,332
EBITDA Margin	23.96%	24.45%	17.40%	18.82%	26.22%	25.93%
D&A For EBITDA	1,016	980.4	838.43	658.87	522.12	341.87
EBIT	3,021	2,862	1,502	2,229	3,533	1,990
EBIT Margin	17.93%	18.21%	11.17%	14.53%	22.85%	22.13%
Effective Tax Rate	12.40%	11.68%	8.74%	9.12%	9.45%	12.14%
Revenue as Reported	16,847	15,711	13,448	15,340	15,464	8,996
Advertising Expenses	-	17.28	17.1	8.76	5.43	4.61

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