SHA:688396 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	2015 - 2019
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	2015 - 2019
Operating Revenue	10,438	9,841	9,750	9,896	9,158	6,932	Upgrade
Other Revenue	277.7	277.7	150.88	164.05	91.01	45.63	Upgrade
Revenue	10,716	10,119	9,901	10,060	9,249	6,977	Upgrade
Revenue Growth (YoY)	8.87%	2.20%	-1.59%	8.77%	32.56%	21.50%	Upgrade
Cost of Revenue	7,958	7,466	6,780	6,444	5,954	5,056	Upgrade
Gross Profit	2,758	2,653	3,120	3,616	3,295	1,921	Upgrade
Selling, General & Admin	674.57	653.13	787.55	690.51	572.36	475.88	Upgrade
Research & Development	1,116	1,154	1,138	904.42	713.22	566.07	Upgrade
Other Operating Expenses	-67.87	-66.85	16.08	94.15	85.3	68.74	Upgrade
Operating Expenses	1,715	1,739	1,940	1,688	1,370	1,110	Upgrade
Operating Income	1,043	913.23	1,180	1,928	1,925	811.06	Upgrade
Interest Expense	-10.36	-42.96	-66.04	-32.41	-27.73	-40.68	Upgrade
Interest & Investment Income	166.1	187.46	396.04	351.71	311.75	115.58	Upgrade
Currency Exchange Gain (Loss)	-17.43	-17.43	4.06	70.76	-25.88	77.54	Upgrade
Other Non Operating Income (Expenses)	-15.66	-2.89	-13.46	20.21	-7.5	-4.67	Upgrade
EBT Excluding Unusual Items	1,166	1,037	1,501	2,338	2,176	958.82	Upgrade
Gain (Loss) on Sale of Investments	-464.63	-411.06	-6.98	125.47	0.09	1.19	Upgrade
Gain (Loss) on Sale of Assets	-2.12	-4.09	-4.94	4.97	0.78	0.05	Upgrade
Asset Writedown	-55.42	-16.43	-5.99	-48.3	-9.74	-15.49	Upgrade
Legal Settlements	-	-	-	-	-	-0.07	Upgrade
Other Unusual Items	188.82	188.82	203.71	232.31	187.51	141.14	Upgrade
Pretax Income	832.58	794.63	1,687	2,653	2,354	1,086	Upgrade
Income Tax Expense	133.59	132.93	248.62	53.31	96.35	25.94	Upgrade
Earnings From Continuing Operations	698.99	661.7	1,438	2,599	2,258	1,060	Upgrade
Minority Interest in Earnings	89.67	100.76	41.12	17.91	10.12	-96.05	Upgrade
Net Income	788.66	762.46	1,479	2,617	2,268	963.66	Upgrade
Net Income to Common	788.66	762.46	1,479	2,617	2,268	963.66	Upgrade
Net Income Growth	-14.50%	-48.46%	-43.48%	15.40%	135.34%	140.46%	Upgrade
Shares Outstanding (Basic)	1,325	1,323	1,320	1,320	1,285	1,152	Upgrade
Shares Outstanding (Diluted)	1,327	1,324	1,322	1,321	1,285	1,152	Upgrade
Shares Change (YoY)	0.32%	0.11%	0.07%	2.81%	11.54%	31.10%	Upgrade
EPS (Basic)	0.60	0.58	1.12	1.98	1.76	0.84	Upgrade
EPS (Diluted)	0.59	0.58	1.12	1.98	1.76	0.84	Upgrade
EPS Growth	-14.77%	-48.51%	-43.52%	12.25%	111.00%	83.42%	Upgrade
Free Cash Flow	896.53	467.4	-3,467	923.28	2,189	1,259	Upgrade
Free Cash Flow Per Share	0.68	0.35	-2.62	0.70	1.70	1.09	Upgrade
Dividend Per Share	0.084	0.058	0.112	0.198	0.172	0.074	Upgrade
Dividend Growth	-24.87%	-48.12%	-43.62%	15.43%	133.01%	123.42%	Upgrade
Gross Margin	25.74%	26.21%	31.52%	35.94%	35.62%	27.53%	Upgrade
Operating Margin	9.74%	9.03%	11.92%	19.16%	20.81%	11.62%	Upgrade
Profit Margin	7.36%	7.54%	14.94%	26.02%	24.52%	13.81%	Upgrade
Free Cash Flow Margin	8.37%	4.62%	-35.02%	9.18%	23.66%	18.05%	Upgrade
EBITDA	2,270	2,024	2,136	2,800	2,686	1,525	Upgrade
EBITDA Margin	21.18%	20.00%	21.57%	27.83%	29.04%	21.86%	Upgrade
D&A For EBITDA	1,227	1,110	955.53	871.79	761.38	713.85	Upgrade
EBIT	1,043	913.23	1,180	1,928	1,925	811.06	Upgrade
EBIT Margin	9.74%	9.03%	11.92%	19.16%	20.81%	11.62%	Upgrade
Effective Tax Rate	16.05%	16.73%	14.74%	2.01%	4.09%	2.39%	Upgrade
Revenue as Reported	10,716	10,119	9,901	10,060	9,249	6,977	Upgrade
Advertising Expenses	-	4.49	2.26	2.84	2.58	2.5	Upgrade

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