SHA:688396 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	11,323	10,821	9,841	9,750	9,896	9,158
Other Revenue	233.13	233.13	277.7	150.88	164.05	91.01
Revenue	11,556	11,054	10,119	9,901	10,060	9,249
Revenue Growth (YoY)	11.58%	9.24%	2.20%	-1.59%	8.77%	32.56%
Cost of Revenue	8,608	8,238	7,466	6,781	6,444	5,954
Gross Profit	2,948	2,816	2,652	3,120	3,616	3,295
Selling, General & Admin	722.91	718.39	652.65	786.96	690.51	572.36
Research & Development	1,145	1,158	1,154	1,138	904.42	713.22
Other Operating Expenses	-37.34	-24.84	-66.85	16.08	94.15	85.3
Operating Expenses	1,830	1,851	1,739	1,939	1,688	1,370
Operating Income	1,118	964.45	913.23	1,180	1,928	1,925
Interest Expense	-11	-9.08	-42.96	-66.04	-32.41	-27.73
Interest & Investment Income	152.32	192.53	187.46	396.04	351.71	311.75
Currency Exchange Gain (Loss)	-13.96	-13.96	-17.43	4.06	70.76	-25.88
Other Non Operating Income (Expenses)	-0.18	1.36	4.73	-13.46	20.21	-7.5
EBT Excluding Unusual Items	1,245	1,135	1,045	1,501	2,338	2,176
Gain (Loss) on Sale of Investments	-239.03	-454.63	-411.06	-6.98	125.47	0.09
Gain (Loss) on Sale of Assets	-1.41	-1.27	-4.09	-4.94	4.97	0.78
Asset Writedown	-67.21	-55.29	-16.43	-5.99	-48.3	-9.74
Other Unusual Items	98.28	98.28	181.2	203.71	232.31	187.51
Pretax Income	1,036	722.39	794.64	1,687	2,653	2,354
Income Tax Expense	231.1	167.86	132.93	248.62	53.31	96.35
Earnings From Continuing Operations	804.59	554.54	661.7	1,438	2,599	2,258
Minority Interest in Earnings	102.74	106.01	100.76	41.12	17.91	10.12
Net Income	907.33	660.54	762.46	1,479	2,617	2,268
Net Income to Common	907.33	660.54	762.46	1,479	2,617	2,268
Net Income Growth	11.67%	-13.37%	-48.46%	-43.48%	15.40%	135.34%
Shares Outstanding (Basic)	1,328	1,327	1,323	1,320	1,320	1,285
Shares Outstanding (Diluted)	1,328	1,327	1,324	1,322	1,321	1,285
Shares Change (YoY)	0.32%	0.24%	0.11%	0.07%	2.81%	11.54%
EPS (Basic)	0.68	0.50	0.58	1.12	1.98	1.76
EPS (Diluted)	0.68	0.50	0.58	1.12	1.98	1.76
EPS Growth	11.32%	-13.58%	-48.51%	-43.52%	12.25%	111.00%
Free Cash Flow	865.93	576.69	467.4	-3,467	923.28	2,189
Free Cash Flow Per Share	0.65	0.43	0.35	-2.62	0.70	1.70
Dividend Per Share	0.077	0.077	0.058	0.112	0.198	0.172
Dividend Growth	32.76%	32.76%	-48.12%	-43.62%	15.43%	133.01%
Gross Margin	25.51%	25.47%	26.21%	31.51%	35.94%	35.62%
Operating Margin	9.67%	8.72%	9.03%	11.92%	19.16%	20.81%
Profit Margin	7.85%	5.98%	7.54%	14.94%	26.02%	24.52%
Free Cash Flow Margin	7.49%	5.22%	4.62%	-35.02%	9.18%	23.66%
EBITDA	2,390	2,208	2,041	2,136	2,800	2,686
EBITDA Margin	20.68%	19.97%	20.17%	21.57%	27.83%	29.04%
D&A For EBITDA	1,272	1,243	1,128	955.53	871.79	761.38
EBIT	1,118	964.45	913.23	1,180	1,928	1,925
EBIT Margin	9.67%	8.72%	9.03%	11.92%	19.16%	20.81%
Effective Tax Rate	22.31%	23.24%	16.73%	14.74%	2.01%	4.09%
Revenue as Reported	11,556	11,054	10,119	9,901	10,060	9,249
Advertising Expenses	-	3.63	4.49	2.26	2.84	2.58

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