SHA:688006 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	3,130	2,964	2,957	3,891	3,417	2,456
Other Revenue	32.39	32.39	24.63	40.71	37.11	27.43
Revenue	3,162	2,997	2,981	3,932	3,454	2,483
Revenue Growth (YoY)	13.86%	0.52%	-24.18%	13.83%	39.09%	66.34%
Cost of Revenue	2,244	2,219	2,082	2,520	2,353	1,849
Gross Profit	918.17	777.31	898.75	1,412	1,101	634.11
Selling, General & Admin	291.17	276.49	262.76	256.01	398	249.5
Research & Development	279.48	271.57	257.15	243.56	207.3	131.27
Other Operating Expenses	-5.77	-12.49	-8.81	-59.17	-32.79	-21.69
Operating Expenses	575.45	546.14	642.32	676.05	656.52	360.09
Operating Income	342.72	231.17	256.43	735.87	444.82	274.02
Interest Expense	-0.43	-0.43	-1.11	-0.58	-0.67	-0.24
Interest & Investment Income	96.64	95.83	99.51	92.48	23.71	23.74
Currency Exchange Gain (Loss)	40.45	40.45	-11.48	70.43	65.73	-56.73
Other Non Operating Income (Expenses)	-112.39	-2.1	-5.9	-7.13	-0.57	-2.53
EBT Excluding Unusual Items	367	364.92	337.44	891.07	533.02	238.25
Gain (Loss) on Sale of Investments	0.14	1.58	-1.42	-7.58	0.6	-
Gain (Loss) on Sale of Assets	-1.99	-2.3	0.01	0.68	-0.34	-0.79
Asset Writedown	19.56	-1.67	-5.87	-	-	-
Other Unusual Items	12.14	12.14	7.32	26.81	10.67	19.52
Pretax Income	396.85	374.67	337.48	910.98	543.95	256.99
Income Tax Expense	16.18	6.3	11.14	101.89	53.35	21.87
Earnings From Continuing Operations	380.67	368.37	326.34	809.09	490.59	235.12
Net Income	380.67	368.37	326.34	809.09	490.59	235.12
Net Income to Common	380.67	368.37	326.34	809.09	490.59	235.12
Net Income Growth	41.44%	12.88%	-59.67%	64.92%	108.66%	-36.79%
Shares Outstanding (Basic)	604	604	604	599	564	568
Shares Outstanding (Diluted)	604	604	604	599	564	568
Shares Change (YoY)	-0.58%	-0.07%	0.83%	6.28%	-0.64%	0.26%
EPS (Basic)	0.63	0.61	0.54	1.35	0.87	0.41
EPS (Diluted)	0.63	0.61	0.54	1.35	0.87	0.41
EPS Growth	42.27%	12.96%	-60.00%	55.17%	109.99%	-36.95%
Free Cash Flow	1,042	1,080	63.29	-197.35	278.41	164.55
Free Cash Flow Per Share	1.73	1.79	0.10	-0.33	0.49	0.29
Dividend Per Share	0.232	0.232	0.226	0.420	0.250	0.164
Dividend Growth	2.66%	2.66%	-46.19%	68.00%	52.16%	-17.85%
Gross Margin	29.04%	25.94%	30.15%	35.91%	31.89%	25.54%
Operating Margin	10.84%	7.71%	8.60%	18.72%	12.88%	11.03%
Profit Margin	12.04%	12.29%	10.95%	20.58%	14.20%	9.47%
Free Cash Flow Margin	32.95%	36.05%	2.12%	-5.02%	8.06%	6.63%
EBITDA	442.32	333.92	371.83	834.29	513.78	315.01
EBITDA Margin	13.99%	11.14%	12.47%	21.22%	14.87%	12.68%
D&A For EBITDA	99.59	102.76	115.41	98.42	68.96	40.99
EBIT	342.72	231.17	256.43	735.87	444.82	274.02
EBIT Margin	10.84%	7.71%	8.60%	18.72%	12.88%	11.03%
Effective Tax Rate	4.08%	1.68%	3.30%	11.19%	9.81%	8.51%
Revenue as Reported	2,997	2,997	2,981	3,932	3,454	2,483
Advertising Expenses	-	2.08	0.44	0.83	0.56	0.53

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