SHA:605016 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	1,424	1,345	1,107	854.14	696.18	638.52
Other Revenue	34.32	34.32	45	14.12	25.71	14.83
Revenue	1,458	1,379	1,152	868.26	721.89	653.36
Revenue Growth (YoY)	20.24%	19.75%	32.64%	20.28%	10.49%	30.77%
Cost of Revenue	832.46	805.73	764.89	584.2	493.41	471.72
Gross Profit	625.9	573.32	386.76	284.06	228.49	181.64
Selling, General & Admin	81.95	79.86	67.54	47.77	45.05	40.35
Research & Development	51.63	48.82	44.46	32.56	27.03	23.26
Other Operating Expenses	10.73	8.07	9.62	7.61	5.99	5.67
Operating Expenses	149.11	141.56	127.86	90.61	82.81	71.65
Operating Income	476.8	431.77	258.9	193.45	145.68	109.98
Interest Expense	-5.77	-5.77	-2.66	-2.25	-0.07	-1.04
Interest & Investment Income	13.55	14.64	9.61	12.14	12.76	5.04
Currency Exchange Gain (Loss)	-10.02	-10.02	8.17	4.13	10.28	-2.76
Other Non Operating Income (Expenses)	-1.47	-0.79	-0.43	-0.21	-0.13	-0.14
EBT Excluding Unusual Items	473.08	429.82	273.59	207.27	168.52	111.09
Gain (Loss) on Sale of Investments	0.1	-0.79	1.27	2.7	0	3.35
Gain (Loss) on Sale of Assets	-4.99	-7.23	-0.39	-2.13	-3.15	-1.26
Asset Writedown	-	-	-	-	-	-1.73
Other Unusual Items	10.48	10.48	10.83	13.68	7.71	7.32
Pretax Income	478.67	432.27	285.31	221.52	173.09	118.77
Income Tax Expense	70.95	63.72	39.71	28.52	22.34	14.29
Net Income	407.72	368.55	245.6	193	150.75	104.48
Net Income to Common	407.72	368.55	245.6	193	150.75	104.48
Net Income Growth	49.09%	50.06%	27.26%	28.02%	44.29%	9.34%
Shares Outstanding (Basic)	441	419	423	418	418	385
Shares Outstanding (Diluted)	441	419	423	418	418	385
Shares Change (YoY)	9.77%	-1.09%	1.26%	0.12%	8.63%	22.70%
EPS (Basic)	0.92	0.88	0.58	0.46	0.36	0.27
EPS (Diluted)	0.92	0.88	0.58	0.46	0.36	0.27
EPS Growth	35.82%	51.72%	25.68%	27.88%	32.83%	-10.89%
Free Cash Flow	-151.77	-161.35	19.09	-117.34	-25.78	40.38
Free Cash Flow Per Share	-0.34	-0.39	0.04	-0.28	-0.06	0.10
Dividend Per Share	0.265	0.265	0.146	0.142	0.072	0.026
Dividend Growth	81.26%	81.26%	2.96%	97.50%	180.86%	-
Gross Margin	42.92%	41.57%	33.58%	32.72%	31.65%	27.80%
Operating Margin	32.69%	31.31%	22.48%	22.28%	20.18%	16.83%
Profit Margin	27.96%	26.72%	21.33%	22.23%	20.88%	15.99%
Free Cash Flow Margin	-10.41%	-11.70%	1.66%	-13.51%	-3.57%	6.18%
EBITDA	578.98	528.62	334.42	238.38	192.42	156.51
EBITDA Margin	39.70%	38.33%	29.04%	27.46%	26.66%	23.96%
D&A For EBITDA	102.19	96.86	75.52	44.93	46.75	46.53
EBIT	476.8	431.77	258.9	193.45	145.68	109.98
EBIT Margin	32.69%	31.31%	22.48%	22.28%	20.18%	16.83%
Effective Tax Rate	14.82%	14.74%	13.92%	12.88%	12.91%	12.04%
Revenue as Reported	1,379	1,379	1,152	868.26	721.89	653.36
Advertising Expenses	-	5.05	3.48	2.9	1.13	1.25

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