SHA:688012 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	12,385	9,065	6,264	4,740	3,108
Revenue	12,385	9,065	6,264	4,740	3,108
Revenue Growth (YoY)	36.62%	44.73%	32.15%	52.50%	36.72%
Cost of Revenue	-	5,525	3,571	2,611	1,773
Gross Profit	12,385	3,540	2,692	2,129	1,335
Selling, General & Admin	-	960.65	709.32	644.64	498.67
Research & Development	-	1,355	775.98	585.36	387.5
Other Operating Expenses	10,194	-125.23	-18.56	15.09	19.05
Operating Expenses	10,194	2,209	1,477	1,251	902.38
Operating Income	2,191	1,332	1,215	878.14	432.42
Interest Expense	-	-15.42	-14.38	-4.69	-0.65
Interest & Investment Income	-	193.29	904.28	220.25	219.72
Currency Exchange Gain (Loss)	-	2.16	-11.99	12.84	-2.62
Other Non Operating Income (Expenses)	-0.66	-6.8	-4.04	-3.62	-2.31
EBT Excluding Unusual Items	2,190	1,505	2,089	1,103	646.55
Gain (Loss) on Sale of Investments	-	153.39	-203.19	63.17	293.7
Gain (Loss) on Sale of Assets	-	0.1	0.07	-4.78	0.13
Other Unusual Items	-	50.35	124.8	97.23	192.27
Pretax Income	2,190	1,709	2,010	1,259	1,133
Income Tax Expense	78.38	94.62	226.4	90.65	121.55
Earnings From Continuing Operations	2,111	1,614	1,784	1,168	1,011
Minority Interest in Earnings	-	1.36	1.93	1.9	0.15
Net Income	2,111	1,616	1,786	1,170	1,011
Net Income to Common	2,111	1,616	1,786	1,170	1,011
Net Income Growth	30.69%	-9.53%	52.67%	15.66%	105.49%
Shares Outstanding (Basic)	621	619	618	616	575
Shares Outstanding (Diluted)	621	621	620	616	575
Shares Change (YoY)	-0.06%	0.21%	0.72%	7.14%	7.42%
EPS (Basic)	3.40	2.61	2.89	1.90	1.76
EPS (Diluted)	3.40	2.60	2.88	1.90	1.76
EPS Growth	30.77%	-9.72%	51.58%	7.95%	91.30%
Free Cash Flow	-	-280.51	-2,215	-1,036	405.28
Free Cash Flow Per Share	-	-0.45	-3.57	-1.68	0.70
Dividend Per Share	-	0.300	0.500	-	-
Dividend Growth	-	-40.00%	-	-	-
Gross Margin	100.00%	39.06%	42.98%	44.92%	42.95%
Operating Margin	17.69%	14.69%	19.39%	18.53%	13.91%
Profit Margin	17.05%	17.82%	28.51%	24.68%	32.54%
Free Cash Flow Margin	-	-3.09%	-35.37%	-21.85%	13.04%
EBITDA	2,304	1,445	1,376	996.21	526.8
EBITDA Margin	18.60%	15.95%	21.96%	21.02%	16.95%
D&A For EBITDA	113.56	113.56	160.97	118.07	94.38
EBIT	2,191	1,332	1,215	878.14	432.42
EBIT Margin	17.69%	14.69%	19.39%	18.53%	13.91%
Effective Tax Rate	3.58%	5.54%	11.26%	7.20%	10.73%
Revenue as Reported	-	9,065	6,264	4,740	3,108

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