SHA:603806 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	15,098	15,350	19,027	22,494	18,824	12,809
Other Revenue	141.23	141.23	120.91	94.15	53.74	48.49
Revenue	15,239	15,491	19,147	22,589	18,877	12,858
Revenue Growth (YoY)	-12.67%	-19.10%	-15.23%	19.66%	46.82%	53.20%
Cost of Revenue	13,587	13,830	16,397	19,335	16,090	9,652
Gross Profit	1,652	1,661	2,750	3,254	2,788	3,206
Selling, General & Admin	350.62	345.27	376.51	351.25	291.89	202.77
Research & Development	459.22	467.64	657.27	792.03	644.8	453.59
Other Operating Expenses	12.85	-14.89	3.83	-28.45	52.61	41.93
Operating Expenses	965.92	833.42	1,319	1,507	1,227	768.45
Operating Income	686.17	827.19	1,431	1,747	1,561	2,438
Interest Expense	-52.97	-43.22	-57.06	-77.06	-21.14	-7.17
Interest & Investment Income	92.36	70.02	107.75	164.46	137.7	51.79
Currency Exchange Gain (Loss)	-27.52	-27.52	-25.74	-31.06	54.26	22.61
Other Non Operating Income (Expenses)	20.79	-2.74	1.53	-3.66	-1.58	-2.4
EBT Excluding Unusual Items	718.83	823.73	1,457	1,800	1,730	2,502
Gain (Loss) on Sale of Investments	32.27	25.28	-7.56	-	-4.87	2.48
Gain (Loss) on Sale of Assets	-18.82	-6.98	-20.76	-5.34	-8.32	0.28
Asset Writedown	-7.45	-	-	-40.75	-	-0.97
Other Unusual Items	31.62	31.44	49.79	294.89	-15.13	-35.2
Pretax Income	756.44	873.46	1,479	2,049	1,702	2,469
Income Tax Expense	97.42	129.57	189.65	200.03	122.8	271.34
Earnings From Continuing Operations	659.02	743.9	1,289	1,849	1,579	2,198
Minority Interest in Earnings	21.32	25.78	18.4	1.29	-0.64	-1.19
Net Income	680.34	769.68	1,308	1,850	1,579	2,197
Net Income to Common	680.34	769.68	1,308	1,850	1,579	2,197
Net Income Growth	-42.69%	-41.14%	-29.33%	17.21%	-28.13%	40.35%
Shares Outstanding (Basic)	2,564	2,566	2,615	2,606	2,600	2,563
Shares Outstanding (Diluted)	2,627	2,654	2,615	2,606	2,600	2,563
Shares Change (YoY)	-0.45%	1.49%	0.36%	0.22%	1.46%	3.84%
EPS (Basic)	0.27	0.30	0.50	0.71	0.61	0.86
EPS (Diluted)	0.26	0.29	0.50	0.71	0.61	0.86
EPS Growth	-42.43%	-42.00%	-29.58%	16.95%	-29.17%	35.17%
Free Cash Flow	1,362	1,027	3,746	-768.95	-550.9	-683.59
Free Cash Flow Per Share	0.52	0.39	1.43	-0.29	-0.21	-0.27
Dividend Per Share	0.150	0.150	0.260	0.186	0.076	0.128
Dividend Growth	-42.31%	-42.31%	40.01%	142.75%	-40.05%	-6.66%
Gross Margin	10.84%	10.72%	14.36%	14.41%	14.77%	24.93%
Operating Margin	4.50%	5.34%	7.47%	7.74%	8.27%	18.96%
Profit Margin	4.46%	4.97%	6.83%	8.19%	8.36%	17.08%
Free Cash Flow Margin	8.94%	6.63%	19.56%	-3.40%	-2.92%	-5.32%
EBITDA	1,204	1,322	1,837	2,068	1,804	2,628
EBITDA Margin	7.90%	8.54%	9.59%	9.15%	9.56%	20.44%
D&A For EBITDA	517.64	495.25	405.72	320.15	242.79	190.47
EBIT	686.17	827.19	1,431	1,747	1,561	2,438
EBIT Margin	4.50%	5.34%	7.47%	7.74%	8.27%	18.96%
Effective Tax Rate	12.88%	14.83%	12.83%	9.76%	7.22%	10.99%
Revenue as Reported	15,239	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.