SHA:688029 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	3,191	2,741	2,396	1,973	1,942
Other Revenue	-	14.15	15.81	6.7	4.74
Revenue	3,191	2,755	2,411	1,980	1,947
Revenue Growth (YoY)	15.80%	14.26%	21.78%	1.72%	46.77%
Cost of Revenue	-	943.44	890.28	795.29	718.2
Gross Profit	3,191	1,812	1,521	1,185	1,229
Selling, General & Admin	-	1,015	901.27	742.33	734.33
Research & Development	-	174.37	150.8	165.33	152.89
Other Operating Expenses	2,499	25.99	20.23	15.68	15.83
Operating Expenses	2,499	1,220	1,075	923.92	904.64
Operating Income	692.34	591.73	446.51	260.93	323.89
Interest Expense	-	-3.31	-2.04	-1.4	-0.79
Interest & Investment Income	-	92.54	77.75	57.14	74.98
Currency Exchange Gain (Loss)	-	-11.24	36.28	53.26	-24.98
Other Non Operating Income (Expenses)	0.16	-8.52	-3.17	-5.63	-5.06
EBT Excluding Unusual Items	692.5	661.19	555.33	364.3	368.04
Impairment of Goodwill	-	-4.72	-0.34	-	-
Gain (Loss) on Sale of Investments	-	-0.47	0.02	0.13	-
Gain (Loss) on Sale of Assets	-	0.51	-0.18	-5.63	0.27
Asset Writedown	-	-	-1.34	-	-1.6
Other Unusual Items	-	3.27	11.43	9.07	10.64
Pretax Income	692.5	659.77	564.91	367.87	377.34
Income Tax Expense	122.38	91.7	70.21	35.03	47.99
Earnings From Continuing Operations	570.11	568.08	494.7	332.84	329.35
Minority Interest in Earnings	-	-14.85	-8.78	-2.25	-4.6
Net Income	570.11	553.23	485.92	330.59	324.75
Net Income to Common	570.11	553.23	485.92	330.59	324.75
Net Income Growth	3.05%	13.85%	46.99%	1.80%	24.54%
Shares Outstanding (Basic)	187	188	188	187	187
Shares Outstanding (Diluted)	187	188	188	189	189
Shares Change (YoY)	-0.33%	-0.04%	-0.69%	-0.16%	1.36%
EPS (Basic)	3.05	2.95	2.59	1.77	1.74
EPS (Diluted)	3.05	2.95	2.59	1.75	1.72
EPS Growth	3.39%	13.90%	48.00%	1.96%	22.87%
Free Cash Flow	-	343.4	289.48	36.76	8.14
Free Cash Flow Per Share	-	1.83	1.54	0.20	0.04
Dividend Per Share	-	1.500	1.000	0.550	0.536
Dividend Growth	-	50.00%	81.82%	2.67%	24.99%
Gross Margin	100.00%	65.76%	63.08%	59.84%	63.11%
Operating Margin	21.70%	21.48%	18.52%	13.18%	16.64%
Profit Margin	17.87%	20.08%	20.15%	16.70%	16.68%
Free Cash Flow Margin	-	12.46%	12.00%	1.86%	0.42%
EBITDA	753.75	653.14	505.8	313.21	360.49
EBITDA Margin	23.62%	23.70%	20.97%	15.82%	18.52%
D&A For EBITDA	61.41	61.41	59.29	52.28	36.61
EBIT	692.34	591.73	446.51	260.93	323.89
EBIT Margin	21.70%	21.48%	18.52%	13.18%	16.64%
Effective Tax Rate	17.67%	13.90%	12.43%	9.52%	12.72%
Revenue as Reported	-	2,755	2,411	1,980	1,947

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