SHA:605188 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	2,577	2,491	2,194	2,047	1,923	2,038
Other Revenue	196.68	196.68	217.69	203.08	219.63	216.4
Revenue	2,774	2,688	2,412	2,250	2,143	2,254
Revenue Growth (YoY)	4.95%	11.43%	7.20%	5.00%	-4.95%	-10.80%
Cost of Revenue	2,178	2,100	1,823	1,683	1,583	1,641
Gross Profit	596.6	587.4	588.6	567.33	560.12	612.79
Selling, General & Admin	544.5	550.68	547	517.55	510.42	481.15
Other Operating Expenses	18.02	16.24	14.76	13.86	15.28	14.82
Operating Expenses	569.86	566.9	560.06	532.33	526.48	495.39
Operating Income	26.74	20.51	28.54	35.01	33.64	117.4
Interest Expense	-30.1	-31.35	-32.24	-30.93	-26.29	-2.98
Interest & Investment Income	7.11	12.2	17.38	15.8	15.6	15.11
Other Non Operating Income (Expenses)	-6.7	-6.84	-5.87	-4.57	-5.32	-5.54
EBT Excluding Unusual Items	-2.95	-5.48	7.81	15.31	17.63	123.99
Gain (Loss) on Sale of Investments	4.65	4.85	1.96	-	2.94	3.37
Gain (Loss) on Sale of Assets	2.4	1.28	5.21	2.31	1.74	-0.54
Asset Writedown	-0.2	-	-0.96	-	-	-
Other Unusual Items	7.4	5.63	7.91	9.15	15.85	14.01
Pretax Income	11.29	6.28	21.93	26.76	38.16	140.84
Income Tax Expense	5.32	3.61	7.41	7.96	8.03	34.85
Net Income	5.97	2.67	14.52	18.81	30.12	105.99
Net Income to Common	5.97	2.67	14.52	18.81	30.12	105.99
Net Income Growth	-45.57%	-81.62%	-22.78%	-37.56%	-71.58%	-7.41%
Shares Outstanding (Basic)	495	494	496	470	502	461
Shares Outstanding (Diluted)	496	494	496	470	502	461
Shares Change (YoY)	15.47%	-0.25%	5.41%	-6.34%	8.95%	4.67%
EPS (Basic)	0.01	0.01	0.03	0.04	0.06	0.23
EPS (Diluted)	0.01	0.01	0.03	0.04	0.06	0.23
EPS Growth	-52.86%	-81.57%	-26.75%	-33.33%	-73.91%	-11.54%
Free Cash Flow	-25.43	-12.77	172.14	98.51	57.67	137.44
Free Cash Flow Per Share	-0.05	-0.03	0.35	0.21	0.12	0.30
Dividend Per Share	0.010	0.010	0.010	0.010	0.030	0.075
Dividend Growth	-	-	-	-66.67%	-60.00%	-
Gross Margin	21.51%	21.86%	24.40%	25.21%	26.14%	27.18%
Operating Margin	0.96%	0.76%	1.18%	1.56%	1.57%	5.21%
Profit Margin	0.21%	0.10%	0.60%	0.84%	1.41%	4.70%
Free Cash Flow Margin	-0.92%	-0.47%	7.14%	4.38%	2.69%	6.10%
EBITDA	77.95	71.69	79.67	85.79	83.95	164.7
EBITDA Margin	2.81%	2.67%	3.30%	3.81%	3.92%	7.31%
D&A For EBITDA	51.22	51.18	51.13	50.78	50.3	47.3
EBIT	26.74	20.51	28.54	35.01	33.64	117.4
EBIT Margin	0.96%	0.76%	1.18%	1.56%	1.57%	5.21%
Effective Tax Rate	47.10%	57.46%	33.77%	29.72%	21.05%	24.74%
Revenue as Reported	2,774	2,688	2,412	2,250	2,143	2,254
Advertising Expenses	-	4.18	6.82	6.73	7.28	8.02

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