SHA:688017 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	568.95	382.64	353.19	442.21	440.13
Other Revenue	-	4.77	2.98	3.53	3.22
Revenue	568.95	387.41	356.17	445.75	443.35
Revenue Growth (YoY)	46.86%	8.77%	-20.10%	0.54%	104.77%
Cost of Revenue	423.54	276.23	227.54	249.05	223.87
Gross Profit	145.42	111.18	128.63	196.69	219.48
Selling, General & Admin	-	34.93	32.92	29.25	26.11
Research & Development	-	49.59	48.41	45.87	41.16
Other Operating Expenses	-	-4.88	-3.24	3.18	1.7
Operating Expenses	-	82.61	80.09	79.85	70.75
Operating Income	145.42	28.57	48.54	116.84	148.73
Interest Expense	-	-12.14	-10.25	-2.32	-0.57
Interest & Investment Income	-	40.5	43.74	30	38.8
Currency Exchange Gain (Loss)	-	-0.32	1.31	1.79	-0.98
Other Non Operating Income (Expenses)	-0.7	-0.32	0.09	-0.28	-0.08
EBT Excluding Unusual Items	144.72	56.29	83.43	146.02	185.9
Gain (Loss) on Sale of Investments	-	3.88	1.18	8.78	7.3
Gain (Loss) on Sale of Assets	-	0.06	-	0.2	0.17
Other Unusual Items	-	0.54	6.96	15.48	23.39
Pretax Income	144.72	60.76	91.57	170.49	216.77
Income Tax Expense	19.8	4.96	6.74	14.08	26.69
Earnings From Continuing Operations	124.92	55.81	84.83	156.4	190.08
Minority Interest in Earnings	-	0.36	-0.68	-1.1	-0.9
Net Income	124.92	56.17	84.16	155.3	189.18
Net Income to Common	124.92	56.17	84.16	155.3	189.18
Net Income Growth	122.40%	-33.26%	-45.81%	-17.91%	130.56%
Shares Outstanding (Basic)	188	169	169	169	169
Shares Outstanding (Diluted)	188	169	169	169	169
Shares Change (YoY)	11.25%	0.36%	0.00%	0.05%	20.02%
EPS (Basic)	0.66	0.33	0.50	0.92	1.12
EPS (Diluted)	0.66	0.33	0.50	0.92	1.12
EPS Growth	99.91%	-33.49%	-45.81%	-17.95%	92.11%
Free Cash Flow	-	-4.46	73.27	-61.2	-94.49
Free Cash Flow Per Share	-	-0.03	0.43	-0.36	-0.56
Dividend Per Share	-	0.100	0.300	0.100	0.464
Dividend Growth	-	-66.67%	200.00%	-78.46%	159.97%
Gross Margin	25.56%	28.70%	36.12%	44.13%	49.50%
Operating Margin	25.56%	7.38%	13.63%	26.21%	33.55%
Profit Margin	21.96%	14.50%	23.63%	34.84%	42.67%
Free Cash Flow Margin	-	-1.15%	20.57%	-13.73%	-21.31%
EBITDA	199.09	82.24	93.01	155.44	175.12
EBITDA Margin	34.99%	21.23%	26.11%	34.87%	39.50%
D&A For EBITDA	53.67	53.67	44.47	38.59	26.39
EBIT	145.42	28.57	48.54	116.84	148.73
EBIT Margin	25.56%	7.38%	13.63%	26.21%	33.55%
Effective Tax Rate	13.68%	8.15%	7.36%	8.26%	12.31%
Revenue as Reported	-	387.41	356.17	445.75	443.35
Advertising Expenses	-	4.22	5.3	1.2	4.71

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