SHA:688059 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	Jun '26 Jun 30, 2026	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	1,089	981.57	750.12	789.52	599.26	483.14
Other Revenue	13.55	18.86	8.93	4.75	2.38	2.34
Revenue	1,103	1,000	759.06	794.27	601.64	485.48
Revenue Growth	27.07%	31.80%	-4.43%	32.02%	23.93%	55.51%
Cost of Revenue	568.94	628.21	478.9	438.8	310.68	241.62
Gross Profit	533.72	372.22	280.15	355.47	290.96	243.86
Selling, General & Admin	73.04	72.13	67.28	78.52	52.87	39.38
Research & Development	56.05	52.69	50.75	60.87	41.56	24.91
Other Operating Expenses	4.66	2.25	-2.12	-0.86	2.69	4.17
Operating Expenses	124.07	122.61	125.07	149.03	101.23	69.43
Operating Income	409.66	249.62	155.09	206.44	189.72	174.43
Interest Expense	-23.33	-40.45	-38.28	-30.04	-15.08	-1.55
Interest & Investment Income	1.29	0.45	1.15	4.92	6.72	5.51
Currency Exchange Gain (Loss)	-0.59	-0.03	0.32	-0.02	-0.03	0.07
Other Non Operating Income (Expenses)	-0.67	-0.44	-0.72	-0.7	-0.62	-0.09
EBT Excluding Unusual Items	386.36	209.14	117.56	180.6	180.72	178.36
Gain (Loss) on Sale of Investments	1.98	1.57	1.6	0.15	-0.2	0.58
Gain (Loss) on Sale of Assets	-1.01	-1.06	-0.11	-0.57	-0.01	-0.74
Asset Writedown	-	-	-	-1.23	-	-
Legal Settlements	-	-	-	-	-0.59	-
Other Unusual Items	1.07	1.03	1.06	3.69	6.56	8.65
Pretax Income	388.41	210.68	120.1	182.64	186.49	186.86
Income Tax Expense	49.59	24.1	13.14	24.74	20.53	24.51
Earnings From Continuing Operations	338.82	186.58	106.96	157.91	165.96	162.35
Minority Interest in Earnings	0.21	0.06	-	-	-	-
Net Income	339.03	186.65	106.96	157.91	165.96	162.35
Net Income to Common	339.03	186.65	106.96	157.91	165.96	162.35
Net Income Growth	181.40%	74.50%	-32.26%	-4.85%	2.22%	82.41%
Shares Outstanding (Basic)	130	123	122	121	121	116
Shares Outstanding (Diluted)	130	123	122	121	121	116
Shares Change	6.58%	0.77%	0.69%	-0.02%	4.51%	27.92%
EPS (Basic)	2.60	1.52	0.88	1.31	1.37	1.40
EPS (Diluted)	2.60	1.52	0.88	1.31	1.37	1.40
EPS Growth	164.02%	73.16%	-32.73%	-4.83%	-2.19%	42.59%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	112.2	231.54	-75.76	-258.1	-270.4	0.27
Free Cash Flow Per Share	0.86	1.89	-0.62	-2.13	-2.24	0.00
Dividend Per Share	0.857	0.857	0.306	0.408	0.437	0.437
Dividend Growth	180.01%	180.01%	-25.01%	-6.65%	0%	20.00%
Gross Margin	48.40%	37.21%	36.91%	44.75%	48.36%	50.23%
Operating Margin	37.15%	24.95%	20.43%	25.99%	31.54%	35.93%
Profit Margin	30.75%	18.66%	14.09%	19.88%	27.58%	33.44%
Free Cash Flow Margin	10.17%	23.14%	-9.98%	-32.50%	-44.94%	0.06%
EBITDA	567.29	402.42	283.34	298.72	245.25	218.28
EBITDA Margin	51.45%	40.23%	37.33%	37.61%	40.76%	44.96%
D&A For EBITDA	157.63	152.8	128.25	92.28	55.53	43.86
EBIT	409.66	249.62	155.09	206.44	189.72	174.43
EBIT Margin	37.15%	24.95%	20.43%	25.99%	31.54%	35.93%
Effective Tax Rate	12.77%	11.44%	10.94%	13.54%	11.01%	13.11%
Revenue as Reported	1,103	1,000	759.06	794.27	601.64	-
Advertising Expenses	-	1.47	1.07	1.58	0.84	1.09