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	0.29	0.26	0.42	0.5	0.29
Revenue	2,504	1,835	1,238	1,077	686.66
Revenue Growth (YoY)	36.47%	48.24%	14.96%	56.82%	62.57%
Cost of Revenue	1,121	788.49	553.31	499.05	339.19
Gross Profit	1,383	1,047	684.57	577.74	347.47
Selling, General & Admin	173.28	180	129.39	102.66	89.42
Research & Development	444.7	332.77	234.28	157.79	147.81
Other Operating Expenses	-22.81	-20.03	-12.48	4.99	6.44
Operating Expenses	603.98	498.66	353.69	268.59	249.51
Operating Income	779.21	547.87	330.87	309.15	97.95
Interest Expense	-37.29	-9.48	-7.96	-6.73	-3.77
Interest & Investment Income	51.46	23.81	14.23	3.97	10.43
Currency Exchange Gain (Loss)	-29.4	15.77	7.81	31.72	-5.81
Other Non Operating Income (Expenses)	9.64	-1.29	-0.47	-0.43	-0.38
EBT Excluding Unusual Items	773.62	576.68	344.48	337.67	98.43
Impairment of Goodwill	-	-7.39	-	-	-
Gain (Loss) on Sale of Investments	60.09	-17.69	8.76	-10.32	8.78
Gain (Loss) on Sale of Assets	-0.93	-0.39	-0.69	-0.06	-0.26
Asset Writedown	-19.3	-3.29	-0.06	-	-
Other Unusual Items	35.65	19.7	87.94	11.9	25.12
Pretax Income	849.13	567.62	440.42	339.2	132.07
Income Tax Expense	65.48	33.98	37.69	37.76	6.98
Net Income	783.65	533.64	402.73	301.44	125.08
Net Income to Common	783.65	533.64	402.73	301.44	125.08
Net Income Growth	46.85%	32.51%	33.61%	140.99%	-18.77%
Shares Outstanding (Basic)	168	168	166	164	164
Shares Outstanding (Diluted)	169	168	167	164	164
Shares Change (YoY)	0.86%	0.65%	1.77%	0.07%	0.24%
EPS (Basic)	4.66	3.18	2.42	1.84	0.76
EPS (Diluted)	4.63	3.18	2.42	1.84	0.76
EPS Growth	45.60%	31.66%	31.28%	140.82%	-18.96%
Free Cash Flow	84.39	225.85	-1.68	42.84	-180.01
Free Cash Flow Per Share	0.50	1.35	-0.01	0.26	-1.10
Dividend Per Share	0.500	0.346	0.207	0.191	0.104
Dividend Growth	44.42%	67.17%	8.32%	84.38%	6.36%
Gross Margin	55.23%	57.03%	55.30%	53.65%	50.60%
Operating Margin	31.12%	29.86%	26.73%	28.71%	14.27%
Profit Margin	31.29%	29.08%	32.53%	27.99%	18.22%
Free Cash Flow Margin	3.37%	12.31%	-0.14%	3.98%	-26.21%
EBITDA	878.55	631.78	388.98	347.59	118.64
EBITDA Margin	35.08%	34.43%	31.42%	32.28%	17.28%
D&A For EBITDA	99.33	83.91	58.1	38.44	20.69
EBIT	779.21	547.87	330.87	309.15	97.95
EBIT Margin	31.12%	29.86%	26.73%	28.71%	14.27%
Effective Tax Rate	7.71%	5.99%	8.56%	11.13%	5.29%
Revenue as Reported	2,504	1,835	1,238	1,077	686.66

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