SHA:688061 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	624.88	564.24	454.38	593.2	533.98
Other Revenue	-	1.05	0.2	-	3.22
Revenue	624.88	565.3	454.57	593.2	537.19
Revenue Growth (YoY)	10.54%	24.36%	-23.37%	10.43%	85.43%
Cost of Revenue	-	433.07	327.38	322.6	306.78
Gross Profit	624.88	132.23	127.19	270.6	230.41
Selling, General & Admin	-	74.46	67.06	51.24	42.25
Research & Development	-	145.21	124.29	82.02	57.55
Other Operating Expenses	683.12	2.17	3.75	4.42	2.37
Operating Expenses	683.12	221.5	193.38	144.29	102.2
Operating Income	-58.24	-89.27	-66.19	126.31	128.21
Interest Expense	-	-1.1	-0.77	-0.63	-1.15
Interest & Investment Income	-	35.01	49.46	7.82	0.27
Currency Exchange Gain (Loss)	-	2.78	1.65	6.3	-2.37
Other Non Operating Income (Expenses)	-1.72	-13.87	-0.24	-0.5	-0.75
EBT Excluding Unusual Items	-59.96	-66.45	-16.08	139.31	124.2
Gain (Loss) on Sale of Investments	-	0.91	0.67	0.48	-
Gain (Loss) on Sale of Assets	-	0.35	0.38	0.16	-
Other Unusual Items	-	14.38	13.39	8.94	16.23
Pretax Income	-59.96	-50.8	-1.63	148.88	140.43
Income Tax Expense	-1.6	1.52	-11.22	13.84	15.42
Net Income	-58.35	-52.32	9.59	135.04	125
Net Income to Common	-58.35	-52.32	9.59	135.04	125
Net Income Growth	-	-	-92.90%	8.03%	186.36%
Shares Outstanding (Basic)	112	114	120	91	86
Shares Outstanding (Diluted)	112	114	120	91	86
Shares Change (YoY)	-1.33%	-5.16%	31.42%	5.82%	3.41%
EPS (Basic)	-0.52	-0.46	0.08	1.48	1.45
EPS (Diluted)	-0.52	-0.46	0.08	1.48	1.45
EPS Growth	-	-	-94.59%	2.09%	176.93%
Free Cash Flow	-	-254.05	-215.64	8.08	12.34
Free Cash Flow Per Share	-	-2.23	-1.80	0.09	0.14
Dividend Per Share	-	-	0.030	0.369	-
Dividend Growth	-	-	-91.87%	-	-
Gross Margin	100.00%	23.39%	27.98%	45.62%	42.89%
Operating Margin	-9.32%	-15.79%	-14.56%	21.29%	23.87%
Profit Margin	-9.34%	-9.25%	2.11%	22.77%	23.27%
Free Cash Flow Margin	-	-44.94%	-47.44%	1.36%	2.30%
EBITDA	-27.61	-58.64	-45.32	144.62	141.68
EBITDA Margin	-4.42%	-10.37%	-9.97%	24.38%	26.38%
D&A For EBITDA	30.63	30.63	20.86	18.31	13.48
EBIT	-58.24	-89.27	-66.19	126.31	128.21
EBIT Margin	-9.32%	-15.79%	-14.56%	21.29%	23.87%
Effective Tax Rate	-	-	-	9.29%	10.98%
Revenue as Reported	-	565.3	454.57	593.2	537.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.