SHA:605016 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,379	1,107	854.14	696.18	638.52
Other Revenue	-	45	14.12	25.71	14.83
Revenue	1,379	1,152	868.26	721.89	653.36
Revenue Growth (YoY)	19.75%	32.64%	20.28%	10.49%	30.77%
Cost of Revenue	946.84	764.89	584.2	493.41	471.72
Gross Profit	432.22	386.76	284.06	228.49	181.64
Selling, General & Admin	-	67.54	47.77	45.05	40.35
Research & Development	-	44.46	32.56	27.03	23.26
Other Operating Expenses	-	9.68	7.61	5.99	5.67
Operating Expenses	-	127.92	90.61	82.81	71.65
Operating Income	432.22	258.84	193.45	145.68	109.98
Interest Expense	-	-2.66	-2.25	-0.07	-1.04
Interest & Investment Income	-	9.61	12.14	12.76	5.04
Currency Exchange Gain (Loss)	-	8.17	4.13	10.28	-2.76
Other Non Operating Income (Expenses)	-0.58	-0.43	-0.21	-0.13	-0.14
EBT Excluding Unusual Items	431.63	273.53	207.27	168.52	111.09
Gain (Loss) on Sale of Investments	-	1.27	2.7	0	3.35
Gain (Loss) on Sale of Assets	-	-0.39	-2.13	-3.15	-1.26
Asset Writedown	-	-	-	-	-1.73
Other Unusual Items	-	10.89	13.68	7.71	7.32
Pretax Income	431.63	285.31	221.52	173.09	118.77
Income Tax Expense	65.85	39.71	28.52	22.34	14.29
Net Income	365.78	245.6	193	150.75	104.48
Net Income to Common	365.78	245.6	193	150.75	104.48
Net Income Growth	48.94%	27.26%	28.02%	44.29%	9.34%
Shares Outstanding (Basic)	420	420	418	418	385
Shares Outstanding (Diluted)	420	420	418	418	385
Shares Change (YoY)	0.08%	0.46%	0.12%	8.63%	22.70%
EPS (Basic)	0.87	0.58	0.46	0.36	0.27
EPS (Diluted)	0.87	0.58	0.46	0.36	0.27
EPS Growth	48.82%	26.67%	27.88%	32.83%	-10.89%
Free Cash Flow	-	19.09	-117.34	-25.78	40.38
Free Cash Flow Per Share	-	0.04	-0.28	-0.06	0.10
Dividend Per Share	-	0.146	0.142	0.072	0.026
Dividend Growth	-	2.96%	97.50%	180.86%	-
Gross Margin	31.34%	33.58%	32.72%	31.65%	27.80%
Operating Margin	31.34%	22.48%	22.28%	20.18%	16.83%
Profit Margin	26.52%	21.33%	22.23%	20.88%	15.99%
Free Cash Flow Margin	-	1.66%	-13.51%	-3.57%	6.18%
EBITDA	507.6	334.22	238.38	192.42	156.51
EBITDA Margin	36.81%	29.02%	27.46%	26.66%	23.96%
D&A For EBITDA	75.38	75.38	44.93	46.75	46.53
EBIT	432.22	258.84	193.45	145.68	109.98
EBIT Margin	31.34%	22.48%	22.28%	20.18%	16.83%
Effective Tax Rate	15.26%	13.92%	12.88%	12.91%	12.04%
Revenue as Reported	-	1,152	868.26	721.89	653.36
Advertising Expenses	-	3.48	2.9	1.13	1.25

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.