SHA:603806 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	15,350	19,027	22,494	18,824	12,809
Other Revenue	141.23	120.91	94.15	53.74	48.49
Revenue	15,491	19,147	22,589	18,877	12,858
Revenue Growth (YoY)	-19.10%	-15.23%	19.66%	46.82%	53.20%
Cost of Revenue	13,830	16,397	19,335	16,090	9,652
Gross Profit	1,661	2,750	3,254	2,788	3,206
Selling, General & Admin	345.27	376.51	351.25	291.89	202.77
Research & Development	467.64	657.27	792.03	644.8	453.59
Other Operating Expenses	-14.89	3.83	-28.45	52.61	41.93
Operating Expenses	833.42	1,319	1,507	1,227	768.45
Operating Income	827.19	1,431	1,747	1,561	2,438
Interest Expense	-43.22	-57.06	-77.06	-21.14	-7.17
Interest & Investment Income	70.02	107.75	164.46	137.7	51.79
Currency Exchange Gain (Loss)	-27.52	-25.74	-31.06	54.26	22.61
Other Non Operating Income (Expenses)	-2.74	1.53	-3.66	-1.58	-2.4
EBT Excluding Unusual Items	823.73	1,457	1,800	1,730	2,502
Gain (Loss) on Sale of Investments	25.28	-7.56	-	-4.87	2.48
Gain (Loss) on Sale of Assets	-6.98	-20.76	-5.34	-8.32	0.28
Asset Writedown	-	-	-40.75	-	-0.97
Other Unusual Items	31.44	49.79	294.89	-15.13	-35.2
Pretax Income	873.46	1,479	2,049	1,702	2,469
Income Tax Expense	129.57	189.65	200.03	122.8	271.34
Earnings From Continuing Operations	743.9	1,289	1,849	1,579	2,198
Minority Interest in Earnings	25.78	18.4	1.29	-0.64	-1.19
Net Income	769.68	1,308	1,850	1,579	2,197
Net Income to Common	769.68	1,308	1,850	1,579	2,197
Net Income Growth	-41.14%	-29.33%	17.21%	-28.13%	40.35%
Shares Outstanding (Basic)	2,566	2,615	2,606	2,600	2,563
Shares Outstanding (Diluted)	2,654	2,615	2,606	2,600	2,563
Shares Change (YoY)	1.49%	0.36%	0.22%	1.46%	3.84%
EPS (Basic)	0.30	0.50	0.71	0.61	0.86
EPS (Diluted)	0.29	0.50	0.71	0.61	0.86
EPS Growth	-42.00%	-29.58%	16.95%	-29.17%	35.17%
Free Cash Flow	1,027	3,746	-768.95	-550.9	-683.59
Free Cash Flow Per Share	0.39	1.43	-0.29	-0.21	-0.27
Dividend Per Share	0.150	0.260	0.186	0.076	0.128
Dividend Growth	-42.31%	40.01%	142.75%	-40.05%	-6.66%
Gross Margin	10.72%	14.36%	14.41%	14.77%	24.93%
Operating Margin	5.34%	7.47%	7.74%	8.27%	18.96%
Profit Margin	4.97%	6.83%	8.19%	8.36%	17.08%
Free Cash Flow Margin	6.63%	19.56%	-3.40%	-2.92%	-5.32%
EBITDA	1,322	1,837	2,068	1,804	2,628
EBITDA Margin	8.54%	9.59%	9.15%	9.56%	20.44%
D&A For EBITDA	495.25	405.72	320.15	242.79	190.47
EBIT	827.19	1,431	1,747	1,561	2,438
EBIT Margin	5.34%	7.47%	7.74%	8.27%	18.96%
Effective Tax Rate	14.83%	12.83%	9.76%	7.22%	10.99%
Revenue as Reported	15,491	19,147	22,589	18,877	12,858
Advertising Expenses	5.52	5.94	3.78	1.34	0.98

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