[Name] 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	Jun '26 Jun 30, 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	8,649	8,181	6,938	5,737	5,066	4,286
Other Revenue	6.48	12.49	12.55	14.2	12.71	12.47
Revenue	8,655	8,193	6,951	5,751	5,078	4,298
Revenue Growth	15.49%	17.87%	20.86%	13.24%	18.15%	11.26%
Cost of Revenue	5,998	5,755	4,729	3,835	3,481	2,787
Gross Profit	2,657	2,439	2,221	1,916	1,598	1,511
Selling, General & Admin	890.72	846.7	828.97	751.74	642.41	637.81
Research & Development	742.57	705.05	653.87	538.93	422.82	444.65
Other Operating Expenses	-61.31	-66.2	-61.66	-65.37	-46.68	-58.23
Operating Expenses	1,624	1,600	1,487	1,250	1,013	1,040
Operating Income	1,033	839.28	734.37	666.38	585.27	470.76
Interest Expense	-	-	-0.28	-0.64	-0.98	-1.3
Interest & Investment Income	31.31	66.15	72.14	66.5	54.66	46.78
Currency Exchange Gain (Loss)	-3.64	-4.49	0.96	1.28	4.38	-2.75
Other Non Operating Income (Expenses)	-37.27	4.71	-3.41	-0.07	-5.79	-5.26
EBT Excluding Unusual Items	1,024	905.65	803.78	733.45	637.54	508.24
Gain (Loss) on Sale of Investments	17.38	13.04	-0.43	-	-0.95	-
Gain (Loss) on Sale of Assets	-0.27	0.89	0.05	0.15	0.14	0.73
Asset Writedown	-76.89	-	-	-	-	-
Other Unusual Items	10.57	12.5	20.37	1.61	17.33	24.6
Pretax Income	974.35	932.07	823.78	735.2	654.07	533.56
Income Tax Expense	107.2	103.12	107.94	107.3	110.37	81.14
Earnings From Continuing Operations	867.14	828.94	715.83	627.9	543.7	452.43
Minority Interest in Earnings	-0.06	0.03	-0.25	-0.69	-0.48	-0.54
Net Income	867.08	828.97	715.59	627.21	543.21	451.89
Net Income to Common	867.08	828.97	715.59	627.21	543.21	451.89
Net Income Growth	12.88%	15.85%	14.09%	15.46%	20.21%	31.38%
Shares Outstanding (Basic)	833	829	823	836	811	807
Shares Outstanding (Diluted)	833	829	823	836	811	807
Shares Change	0.91%	0.78%	-1.65%	3.15%	0.47%	0.88%
EPS (Basic)	1.04	1.00	0.87	0.75	0.67	0.56
EPS (Diluted)	1.04	1.00	0.87	0.75	0.67	0.56
EPS Growth	11.86%	14.94%	16.00%	11.94%	19.64%	30.23%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	634.09	1,015	1,087	1,105	634.69	625.7
Free Cash Flow Per Share	0.76	1.22	1.32	1.32	0.78	0.78
Dividend Per Share	0.720	0.720	0.720	0.600	0.615	0.500
Dividend Growth	0%	0%	20.00%	-2.44%	23.00%	-48.98%
Gross Margin	30.70%	29.77%	31.96%	33.32%	31.46%	35.15%
Operating Margin	11.94%	10.24%	10.56%	11.59%	11.52%	10.95%
Profit Margin	10.02%	10.12%	10.29%	10.91%	10.70%	10.51%
Free Cash Flow Margin	7.33%	12.39%	15.64%	19.21%	12.50%	14.56%
EBITDA	1,164	948.62	843.7	763.9	669.62	562.77
EBITDA Margin	13.45%	11.58%	12.14%	13.28%	13.18%	13.09%
D&A For EBITDA	130.84	109.34	109.33	97.52	84.35	92.01
EBIT	1,033	839.28	734.37	666.38	585.27	470.76
EBIT Margin	11.94%	10.24%	10.56%	11.59%	11.52%	10.95%
Effective Tax Rate	11.00%	11.06%	13.10%	14.59%	16.87%	15.21%
Revenue as Reported	4,173	8,193	6,951	5,751	5,078	4,298
Advertising Expenses	-	1.02	3.67	16.1	14.98	20.38