SHA:688019 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	2,683	2,504	1,835	1,237	1,076	686.37
Other Revenue	0.29	0.29	0.26	0.42	0.5	0.29
Revenue	2,683	2,504	1,835	1,238	1,077	686.66
Revenue Growth (YoY)	34.02%	36.47%	48.24%	14.96%	56.82%	62.57%
Cost of Revenue	1,202	1,121	788.49	553.31	499.05	339.19
Gross Profit	1,481	1,383	1,047	684.57	577.74	347.47
Selling, General & Admin	184.17	173.28	180	129.39	102.66	89.42
Research & Development	471.15	444.7	332.77	234.28	157.79	147.81
Other Operating Expenses	-22.34	-22.81	-20.03	-12.48	4.99	6.44
Operating Expenses	642.8	603.98	498.66	353.69	268.59	249.51
Operating Income	838.19	779.21	547.87	330.87	309.15	97.95
Interest Expense	-42.8	-37.29	-9.48	-7.96	-6.73	-3.77
Interest & Investment Income	59.68	51.46	23.81	14.23	3.97	10.43
Currency Exchange Gain (Loss)	-29.4	-29.4	15.77	7.81	31.72	-5.81
Other Non Operating Income (Expenses)	-15.25	9.64	-1.29	-0.47	-0.43	-0.38
EBT Excluding Unusual Items	810.42	773.62	576.68	344.48	337.67	98.43
Impairment of Goodwill	-	-	-7.39	-	-	-
Gain (Loss) on Sale of Investments	60.55	60.09	-17.69	8.76	-10.32	8.78
Gain (Loss) on Sale of Assets	-0.89	-0.93	-0.39	-0.69	-0.06	-0.26
Asset Writedown	-17.51	-19.3	-3.29	-0.06	-	-
Other Unusual Items	35.72	35.65	19.7	87.94	11.9	25.12
Pretax Income	888.29	849.13	567.62	440.42	339.2	132.07
Income Tax Expense	65.8	65.48	33.98	37.69	37.76	6.98
Net Income	822.49	783.65	533.64	402.73	301.44	125.08
Net Income to Common	822.49	783.65	533.64	402.73	301.44	125.08
Net Income Growth	37.68%	46.85%	32.51%	33.61%	140.99%	-18.77%
Shares Outstanding (Basic)	169	168	168	166	164	164
Shares Outstanding (Diluted)	170	169	168	167	164	164
Shares Change (YoY)	1.17%	0.86%	0.65%	1.77%	0.07%	0.24%
EPS (Basic)	4.88	4.66	3.18	2.42	1.84	0.76
EPS (Diluted)	4.85	4.63	3.18	2.42	1.84	0.76
EPS Growth	36.09%	45.60%	31.66%	31.28%	140.82%	-18.96%
Free Cash Flow	123.91	84.39	225.85	-1.68	42.84	-180.01
Free Cash Flow Per Share	0.73	0.50	1.35	-0.01	0.26	-1.10
Dividend Per Share	0.500	0.500	0.346	0.207	0.191	0.104
Dividend Growth	44.42%	44.42%	67.17%	8.32%	84.38%	6.36%
Gross Margin	55.20%	55.23%	57.03%	55.30%	53.65%	50.60%
Operating Margin	31.24%	31.12%	29.86%	26.73%	28.71%	14.27%
Profit Margin	30.66%	31.29%	29.08%	32.53%	27.99%	18.22%
Free Cash Flow Margin	4.62%	3.37%	12.31%	-0.14%	3.98%	-26.21%
EBITDA	941.38	878.55	631.78	388.98	347.59	118.64
EBITDA Margin	35.09%	35.08%	34.43%	31.42%	32.28%	17.28%
D&A For EBITDA	103.19	99.33	83.91	58.1	38.44	20.69
EBIT	838.19	779.21	547.87	330.87	309.15	97.95
EBIT Margin	31.24%	31.12%	29.86%	26.73%	28.71%	14.27%
Effective Tax Rate	7.41%	7.71%	5.99%	8.56%	11.13%	5.29%
Revenue as Reported	2,683	2,504	1,835	1,238	1,077	686.66

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