SHA:603816 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	18,938	17,728	18,450	17,337	17,631	12,302
Other Revenue	752	752	761.55	672.95	711.39	363.84
Revenue	19,690	18,480	19,212	18,010	18,342	12,666
Revenue Growth (YoY)	4.30%	-3.81%	6.67%	-1.81%	44.81%	14.17%
Cost of Revenue	13,172	12,447	12,949	12,469	13,057	8,874
Gross Profit	6,518	6,032	6,263	5,541	5,285	3,792
Selling, General & Admin	3,776	3,661	3,680	3,314	3,031	2,127
Research & Development	340.97	281.59	264.84	301.23	302.46	206.79
Other Operating Expenses	145.02	132.61	66.32	95.42	102.47	-18.61
Operating Expenses	4,334	4,101	4,035	3,710	3,469	2,322
Operating Income	2,184	1,931	2,228	1,831	1,816	1,470
Interest Expense	-36.54	-47.57	-116.76	-89.51	-55.59	-83.69
Interest & Investment Income	70.62	34.86	132.52	110.21	141.01	253.31
Currency Exchange Gain (Loss)	65	65	56.57	162.36	-57.13	-98
Other Non Operating Income (Expenses)	-235.37	-225.97	144.98	-30.84	-18.44	154.65
EBT Excluding Unusual Items	2,048	1,758	2,445	1,983	1,826	1,696
Impairment of Goodwill	-50.64	-50.64	-	-17.49	-	-484.35
Gain (Loss) on Sale of Investments	4.34	1.27	-	-3.49	-2.47	4.9
Gain (Loss) on Sale of Assets	4.89	0.01	-1.3	8.36	0.32	0.48
Asset Writedown	-4.79	-10.62	-3.56	-8.1	-1.01	-20.36
Other Unusual Items	195.17	195.17	-	334.13	245.73	-1.96
Pretax Income	2,197	1,893	2,440	2,296	2,068	1,195
Income Tax Expense	539.03	445.36	422.06	448.77	367.48	328.17
Earnings From Continuing Operations	1,658	1,448	2,018	1,848	1,701	866.62
Minority Interest in Earnings	-61.25	-31	-12.25	-35.52	-36.28	-21.15
Net Income	1,596	1,417	2,006	1,812	1,664	845.47
Net Income to Common	1,596	1,417	2,006	1,812	1,664	845.47
Net Income Growth	-14.33%	-29.38%	10.70%	8.87%	96.87%	-27.19%
Shares Outstanding (Basic)	805	812	822	824	820	791
Shares Outstanding (Diluted)	806	813	822	824	820	791
Shares Change (YoY)	-2.30%	-1.16%	-0.19%	0.46%	3.69%	3.20%
EPS (Basic)	1.98	1.74	2.44	2.20	2.03	1.07
EPS (Diluted)	1.98	1.74	2.44	2.20	2.03	1.07
EPS Growth	-12.46%	-28.69%	10.91%	8.37%	89.86%	-29.44%
Free Cash Flow	2,514	1,597	223.58	933.83	373.71	1,102
Free Cash Flow Per Share	3.12	1.97	0.27	1.13	0.46	1.39
Dividend Per Share	1.380	1.380	1.390	1.110	1.015	0.631
Dividend Growth	-0.72%	-0.72%	25.22%	9.32%	60.97%	-29.91%
Gross Margin	33.10%	32.64%	32.60%	30.76%	28.81%	29.94%
Operating Margin	11.09%	10.45%	11.60%	10.17%	9.90%	11.60%
Profit Margin	8.11%	7.66%	10.44%	10.06%	9.07%	6.68%
Free Cash Flow Margin	12.77%	8.64%	1.16%	5.18%	2.04%	8.70%
EBITDA	2,535	2,386	2,821	2,167	2,078	1,680
EBITDA Margin	12.88%	12.91%	14.68%	12.03%	11.33%	13.26%
D&A For EBITDA	351.04	454.74	593	336.17	262.32	210.37
EBIT	2,184	1,931	2,228	1,831	1,816	1,470
EBIT Margin	11.09%	10.45%	11.60%	10.17%	9.90%	11.60%
Effective Tax Rate	24.54%	23.53%	17.30%	19.54%	17.77%	27.47%
Revenue as Reported	19,690	18,480	19,212	18,010	18,342	12,666
Advertising Expenses	-	1,091	1,057	982.1	832.14	604.5

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.