SHA:688019 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	2,504	1,835	1,237	1,076	686.37
Other Revenue	-	0.26	0.42	0.5	0.29
Revenue	2,504	1,835	1,238	1,077	686.66
Revenue Growth (YoY)	36.45%	48.24%	14.96%	56.82%	62.57%
Cost of Revenue	-	788.49	553.31	499.05	339.19
Gross Profit	2,504	1,047	684.57	577.74	347.47
Selling, General & Admin	-	179.88	129.39	102.66	89.42
Research & Development	-	331.56	234.28	157.79	147.81
Other Operating Expenses	1,649	-18.72	-12.48	4.99	6.44
Operating Expenses	1,649	498.66	353.69	268.59	249.51
Operating Income	855.41	547.87	330.87	309.15	97.95
Interest Expense	-	-9.48	-7.96	-6.73	-3.77
Interest & Investment Income	-	23.81	14.23	3.97	10.43
Currency Exchange Gain (Loss)	-	15.77	7.81	31.72	-5.81
Other Non Operating Income (Expenses)	-1.26	-1.29	-0.47	-0.43	-0.38
EBT Excluding Unusual Items	854.15	576.68	344.48	337.67	98.43
Impairment of Goodwill	-	-7.39	-	-	-
Gain (Loss) on Sale of Investments	-	-17.69	8.76	-10.32	8.78
Gain (Loss) on Sale of Assets	-	-0.39	-0.69	-0.06	-0.26
Asset Writedown	-	-3.29	-0.06	-	-
Other Unusual Items	-	19.7	87.94	11.9	25.12
Pretax Income	854.15	567.62	440.42	339.2	132.07
Income Tax Expense	64.97	33.98	37.69	37.76	6.98
Net Income	789.18	533.64	402.73	301.44	125.08
Net Income to Common	789.18	533.64	402.73	301.44	125.08
Net Income Growth	47.88%	32.51%	33.61%	140.99%	-18.77%
Shares Outstanding (Basic)	168	168	166	164	164
Shares Outstanding (Diluted)	168	168	167	164	164
Shares Change (YoY)	0.42%	0.50%	1.77%	0.07%	0.24%
EPS (Basic)	4.69	3.18	2.42	1.84	0.76
EPS (Diluted)	4.69	3.18	2.42	1.84	0.76
EPS Growth	47.27%	31.85%	31.28%	140.82%	-18.96%
Free Cash Flow	-	225.85	-1.68	42.84	-180.01
Free Cash Flow Per Share	-	1.35	-0.01	0.26	-1.10
Dividend Per Share	-	0.346	0.207	0.191	0.104
Dividend Growth	-	67.17%	8.32%	84.38%	6.36%
Gross Margin	100.00%	57.03%	55.30%	53.65%	50.60%
Operating Margin	34.16%	29.86%	26.73%	28.71%	14.27%
Profit Margin	31.52%	29.08%	32.53%	27.99%	18.22%
Free Cash Flow Margin	-	12.31%	-0.14%	3.98%	-26.21%
EBITDA	935.8	628.27	388.98	347.59	118.64
EBITDA Margin	37.37%	34.24%	31.42%	32.28%	17.28%
D&A For EBITDA	80.39	80.39	58.1	38.44	20.69
EBIT	855.41	547.87	330.87	309.15	97.95
EBIT Margin	34.16%	29.86%	26.73%	28.71%	14.27%
Effective Tax Rate	7.61%	5.99%	8.56%	11.13%	5.29%
Revenue as Reported	-	1,835	1,238	1,077	686.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.