SHA:688041 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	14,376	9,162	6,012	5,125	2,310
Other Revenue	-	-	-	-	0.09
Revenue	14,376	9,162	6,012	5,125	2,310
Revenue Growth (YoY)	56.90%	52.40%	17.30%	121.83%	126.07%
Cost of Revenue	-	3,420	2,452	2,469	1,042
Gross Profit	14,376	5,743	3,560	2,656	1,269
Selling, General & Admin	-	317.36	245.33	215.56	142.3
Research & Development	-	2,910	1,992	1,414	744.67
Other Operating Expenses	10,775	41.52	63.92	39.07	23.91
Operating Expenses	10,775	3,277	2,307	1,675	911.94
Operating Income	3,601	2,466	1,253	980.56	356.9
Interest Expense	-	-43.83	-36.24	-29.49	-24.59
Interest & Investment Income	-	235.53	305.14	120.07	39.34
Currency Exchange Gain (Loss)	-	-	-	0.22	9.6
Other Non Operating Income (Expenses)	-8.7	-5.3	-1.43	-3.44	-1.84
EBT Excluding Unusual Items	3,593	2,652	1,521	1,068	379.42
Gain (Loss) on Sale of Investments	-	-	3.45	1.14	8.97
Gain (Loss) on Sale of Assets	-	-	-	-	0.04
Asset Writedown	-	-4.93	-0.1	-0.08	-
Other Unusual Items	-	137.22	156.28	67.53	48.28
Pretax Income	3,593	2,784	1,680	1,137	436.71
Income Tax Expense	1,050	67.47	-21.01	11.52	-0.9
Earnings From Continuing Operations	2,542	2,717	1,701	1,125	437.61
Minority Interest in Earnings	-	-785.97	-438.01	-321.29	-110.5
Net Income	2,542	1,931	1,263	803.7	327.11
Net Income to Common	2,542	1,931	1,263	803.7	327.11
Net Income Growth	31.66%	52.87%	57.17%	145.70%	-
Shares Outstanding (Basic)	2,311	2,326	2,339	2,115	2,044
Shares Outstanding (Diluted)	2,311	2,326	2,339	2,115	2,044
Shares Change (YoY)	-0.66%	-0.54%	10.60%	3.45%	7.71%
EPS (Basic)	1.10	0.83	0.54	0.38	0.16
EPS (Diluted)	1.10	0.83	0.54	0.38	0.16
EPS Growth	32.53%	53.70%	42.10%	137.50%	-
Free Cash Flow	-	31.83	-104.41	-1,425	-154.57
Free Cash Flow Per Share	-	0.01	-0.04	-0.67	-0.08
Dividend Per Share	-	0.170	0.110	0.040	-
Dividend Growth	-	54.41%	175.25%	-	-
Gross Margin	100.00%	62.68%	59.21%	51.82%	54.92%
Operating Margin	25.05%	26.91%	20.84%	19.13%	15.45%
Profit Margin	17.68%	21.08%	21.01%	15.68%	14.16%
Free Cash Flow Margin	-	0.35%	-1.74%	-27.80%	-6.69%
EBITDA	4,863	3,728	1,984	1,655	756.84
EBITDA Margin	33.83%	40.69%	33.00%	32.30%	32.76%
D&A For EBITDA	1,262	1,262	730.65	674.93	399.94
EBIT	3,601	2,466	1,253	980.56	356.9
EBIT Margin	25.05%	26.91%	20.84%	19.13%	15.45%
Effective Tax Rate	29.23%	2.42%	-	1.01%	-
Revenue as Reported	-	9,162	6,012	5,125	2,310

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