SHA:688059 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	1,014	750.12	789.52	599.26	483.14
Other Revenue	-	8.93	4.75	2.38	2.34
Revenue	1,014	759.06	794.27	601.64	485.48
Revenue Growth (YoY)	33.65%	-4.43%	32.02%	23.93%	55.51%
Cost of Revenue	802.89	478.9	438.8	310.68	241.62
Gross Profit	211.57	280.15	355.47	290.96	243.86
Selling, General & Admin	-	67.28	78.52	52.87	39.38
Research & Development	-	50.75	60.87	41.56	24.91
Other Operating Expenses	-	-2.12	-0.86	2.69	4.17
Operating Expenses	-	125.07	149.03	101.23	69.43
Operating Income	211.57	155.09	206.44	189.72	174.43
Interest Expense	-	-38.28	-30.04	-15.08	-1.55
Interest & Investment Income	-	1.15	4.92	6.72	5.51
Currency Exchange Gain (Loss)	-	0.32	-0.02	-0.03	0.07
Other Non Operating Income (Expenses)	-0.54	-0.72	-0.7	-0.62	-0.09
EBT Excluding Unusual Items	211.03	117.56	180.6	180.72	178.36
Gain (Loss) on Sale of Investments	-	1.6	0.15	-0.2	0.58
Gain (Loss) on Sale of Assets	-	-0.11	-0.57	-0.01	-0.74
Asset Writedown	-	-	-1.23	-	-
Legal Settlements	-	-	-	-0.59	-
Other Unusual Items	-	1.06	3.69	6.56	8.65
Pretax Income	211.03	120.1	182.64	186.49	186.86
Income Tax Expense	24.27	13.14	24.74	20.53	24.51
Net Income	186.76	106.96	157.91	165.96	162.35
Net Income to Common	186.76	106.96	157.91	165.96	162.35
Net Income Growth	74.61%	-32.26%	-4.85%	2.22%	82.41%
Shares Outstanding (Basic)	88	87	86	86	83
Shares Outstanding (Diluted)	88	87	86	86	83
Shares Change (YoY)	1.30%	0.24%	-0.02%	4.50%	27.93%
EPS (Basic)	2.13	1.24	1.83	1.92	1.96
EPS (Diluted)	2.13	1.24	1.83	1.92	1.96
EPS Growth	72.37%	-32.42%	-4.83%	-2.18%	42.59%
Free Cash Flow	-	-75.76	-258.1	-270.4	0.27
Free Cash Flow Per Share	-	-0.88	-2.99	-3.13	0.00
Dividend Per Share	-	0.429	0.571	0.612	0.612
Dividend Growth	-	-24.99%	-6.66%	-	19.99%
Gross Margin	20.86%	36.91%	44.75%	48.36%	50.23%
Operating Margin	20.86%	20.43%	25.99%	31.54%	35.93%
Profit Margin	18.41%	14.09%	19.88%	27.58%	33.44%
Free Cash Flow Margin	-	-9.98%	-32.50%	-44.94%	0.06%
EBITDA	337.87	281.39	298.72	245.25	218.28
EBITDA Margin	33.31%	37.07%	37.61%	40.76%	44.96%
D&A For EBITDA	126.3	126.3	92.28	55.53	43.86
EBIT	211.57	155.09	206.44	189.72	174.43
EBIT Margin	20.86%	20.43%	25.99%	31.54%	35.93%
Effective Tax Rate	11.50%	10.94%	13.54%	11.01%	13.11%
Revenue as Reported	-	759.06	794.27	601.64	-
Advertising Expenses	-	1.07	1.58	0.84	1.09

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