SHA:688006 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	2,997	2,957	3,891	3,417	2,456
Other Revenue	-	24.63	40.71	37.11	27.43
Revenue	2,997	2,981	3,932	3,454	2,483
Revenue Growth (YoY)	0.52%	-24.18%	13.83%	39.09%	66.34%
Cost of Revenue	2,147	2,082	2,520	2,353	1,849
Gross Profit	849.74	898.75	1,412	1,101	634.11
Selling, General & Admin	276.49	262.76	256.01	398	249.5
Research & Development	271.57	257.15	243.56	207.3	131.27
Other Operating Expenses	-35.71	-8.81	-59.17	-32.79	-21.69
Operating Expenses	512.36	648.19	676.05	656.52	360.09
Operating Income	337.38	250.56	735.87	444.82	274.02
Interest Expense	-	-1.11	-0.58	-0.67	-0.24
Interest & Investment Income	2.71	99.51	92.48	23.71	23.74
Currency Exchange Gain (Loss)	-	-11.48	70.43	65.73	-56.73
Other Non Operating Income (Expenses)	118.84	-4.69	-5.82	-0.57	-2.53
EBT Excluding Unusual Items	458.94	332.78	892.39	533.02	238.25
Gain (Loss) on Sale of Investments	1.58	-1.42	-7.58	0.6	-
Gain (Loss) on Sale of Assets	-0.48	0.02	0.67	-0.34	-0.79
Asset Writedown	-85.36	-	-	-	-
Other Unusual Items	-	6.09	25.5	10.67	19.52
Pretax Income	374.67	337.48	910.98	543.95	256.99
Income Tax Expense	6.3	11.14	101.89	53.35	21.87
Earnings From Continuing Operations	368.37	326.34	809.09	490.59	235.12
Net Income	368.37	326.34	809.09	490.59	235.12
Net Income to Common	368.37	326.34	809.09	490.59	235.12
Net Income Growth	12.88%	-59.67%	64.92%	108.66%	-36.79%
Shares Outstanding (Basic)	604	604	599	564	568
Shares Outstanding (Diluted)	604	604	599	564	568
Shares Change (YoY)	-0.07%	0.83%	6.28%	-0.64%	0.26%
EPS (Basic)	0.61	0.54	1.35	0.87	0.41
EPS (Diluted)	0.61	0.54	1.35	0.87	0.41
EPS Growth	12.96%	-60.00%	55.17%	109.99%	-36.95%
Free Cash Flow	1,080	63.29	-197.35	278.41	164.55
Free Cash Flow Per Share	1.79	0.10	-0.33	0.49	0.29
Dividend Per Share	-	0.226	0.420	0.250	0.164
Dividend Growth	-	-46.19%	68.00%	52.16%	-17.85%
Gross Margin	28.36%	30.15%	35.91%	31.89%	25.54%
Operating Margin	11.26%	8.40%	18.72%	12.88%	11.03%
Profit Margin	12.29%	10.95%	20.58%	14.20%	9.47%
Free Cash Flow Margin	36.05%	2.12%	-5.02%	8.06%	6.63%
EBITDA	448.84	362.07	834.29	513.78	315.01
EBITDA Margin	14.98%	12.14%	21.22%	14.87%	12.68%
D&A For EBITDA	111.46	111.52	98.42	68.96	40.99
EBIT	337.38	250.56	735.87	444.82	274.02
EBIT Margin	11.26%	8.40%	18.72%	12.88%	11.03%
Effective Tax Rate	1.68%	3.30%	11.19%	9.81%	8.51%
Revenue as Reported	-	2,981	3,932	3,454	2,483
Advertising Expenses	-	0.44	0.83	0.56	0.53

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