SHA:688057 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	301.03	317.45	407.94	501.75	786.67	910.44
Other Revenue	2.66	2.66	1.07	3.47	4.3	2.16
Revenue	303.69	320.11	409.02	505.22	790.98	912.6
Revenue Growth (YoY)	-25.98%	-21.74%	-19.04%	-36.13%	-13.33%	-6.00%
Cost of Revenue	139.9	133.15	157.15	183.37	259.83	316.5
Gross Profit	163.79	186.96	251.87	321.85	531.14	596.1
Selling, General & Admin	70.51	73.02	83.11	100.62	130.07	144.02
Research & Development	28.4	28.41	33.35	40.92	46.89	48.33
Other Operating Expenses	1.77	1.86	1.93	-0.2	-1.63	5.62
Operating Expenses	155.81	157.73	155.48	185.5	251.4	237.16
Operating Income	7.98	29.23	96.39	136.35	279.74	358.94
Interest Expense	-3.81	-3.92	-2.92	-2.46	-1.77	-2.22
Interest & Investment Income	55.77	64.02	54.94	49.54	43.05	40.86
Currency Exchange Gain (Loss)	-0	-0	0	-0	-0	-0.01
Other Non Operating Income (Expenses)	-9.24	0.45	0.04	0.99	0.5	0.52
EBT Excluding Unusual Items	50.71	89.78	148.45	184.43	321.51	398.09
Gain (Loss) on Sale of Investments	-1.43	1.96	-2.28	6.56	-2.25	-
Gain (Loss) on Sale of Assets	-0.03	-0.06	0.16	-0.16	-3.19	-0.39
Asset Writedown	-0.05	-0.07	-0.15	0.17	-	-1.24
Other Unusual Items	13.31	13.31	4.09	-	4.61	27.27
Pretax Income	62.5	104.93	150.28	191.01	320.68	423.72
Income Tax Expense	6.19	12.7	13.95	10.9	19.68	36.56
Earnings From Continuing Operations	56.31	92.22	136.33	180.11	301	387.16
Minority Interest in Earnings	2.2	1.93	0.51	2.95	2.73	-4.12
Net Income	58.51	94.15	136.84	183.06	303.73	383.04
Net Income to Common	58.51	94.15	136.84	183.06	303.73	383.04
Net Income Growth	-60.16%	-31.20%	-25.25%	-39.73%	-20.71%	-0.94%
Shares Outstanding (Basic)	276	276	276	277	276	276
Shares Outstanding (Diluted)	276	276	276	277	276	276
Shares Change (YoY)	-0.02%	0.01%	-0.49%	0.50%	-0.01%	29.73%
EPS (Basic)	0.21	0.34	0.50	0.66	1.10	1.39
EPS (Diluted)	0.21	0.34	0.50	0.66	1.10	1.39
EPS Growth	-60.15%	-31.20%	-24.88%	-40.03%	-20.70%	-23.65%
Free Cash Flow	229.78	254.73	173.65	290.28	68.49	112.17
Free Cash Flow Per Share	0.83	0.92	0.63	1.05	0.25	0.41
Dividend Per Share	0.200	0.200	0.250	0.500	1.000	1.000
Dividend Growth	-20.00%	-20.00%	-50.00%	-50.00%	-	-
Gross Margin	53.93%	58.41%	61.58%	63.71%	67.15%	65.32%
Operating Margin	2.63%	9.13%	23.57%	26.99%	35.37%	39.33%
Profit Margin	19.27%	29.41%	33.46%	36.23%	38.40%	41.97%
Free Cash Flow Margin	75.66%	79.58%	42.45%	57.45%	8.66%	12.29%
EBITDA	38.73	59.66	125.56	165.85	308.09	387.33
EBITDA Margin	12.75%	18.64%	30.70%	32.83%	38.95%	42.44%
D&A For EBITDA	30.75	30.43	29.17	29.49	28.35	28.39
EBIT	7.98	29.23	96.39	136.35	279.74	358.94
EBIT Margin	2.63%	9.13%	23.57%	26.99%	35.37%	39.33%
Effective Tax Rate	9.91%	12.11%	9.28%	5.71%	6.14%	8.63%
Revenue as Reported	303.69	320.11	409.02	505.22	790.98	912.6
Advertising Expenses	-	0.16	0.19	0.4	5.47	6.79

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