SHA:688069 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	526.16	446.7	308.68	447.26	488.47
Other Revenue	-	1.67	1.36	1.56	2.99
Revenue	526.16	448.37	310.04	448.82	491.46
Revenue Growth (YoY)	17.35%	44.62%	-30.92%	-8.68%	0.01%
Cost of Revenue	467.12	348.01	194.78	261.25	264.01
Gross Profit	59.03	100.36	115.26	187.57	227.45
Selling, General & Admin	-	62.23	46.19	38.05	33.32
Research & Development	-	22.82	29.34	23.79	31.4
Other Operating Expenses	-	2.93	2.41	1.61	3.26
Operating Expenses	-	195.64	170.37	134.51	118.05
Operating Income	59.03	-95.29	-55.11	53.06	109.4
Interest Expense	-	-0.94	-0.59	-1.87	-1.66
Interest & Investment Income	-	13.8	34.97	6	8.83
Other Non Operating Income (Expenses)	-0.85	-0.31	-0.3	-0.11	-0.38
EBT Excluding Unusual Items	58.19	-82.74	-21.03	57.08	116.2
Gain (Loss) on Sale of Investments	-	2.27	4.48	4.29	4.64
Gain (Loss) on Sale of Assets	-	-0.03	1.55	0	-0.02
Asset Writedown	-	-7.96	-5.34	-	-
Other Unusual Items	-	6.69	1.95	3.39	7.76
Pretax Income	58.19	-81.77	-18.38	64.76	128.57
Income Tax Expense	5.88	4.83	-4.81	8.35	19.78
Earnings From Continuing Operations	52.31	-86.59	-13.57	56.41	108.8
Minority Interest in Earnings	-	0.44	0.13	0.01	0
Net Income	52.31	-86.15	-13.44	56.42	108.8
Net Income to Common	52.31	-86.15	-13.44	56.42	108.8
Net Income Growth	-	-	-	-48.15%	-43.56%
Shares Outstanding (Basic)	109	110	112	115	117
Shares Outstanding (Diluted)	109	110	112	115	117
Shares Change (YoY)	-1.33%	-1.40%	-2.71%	-1.21%	17.21%
EPS (Basic)	0.48	-0.78	-0.12	0.49	0.93
EPS (Diluted)	0.48	-0.78	-0.12	0.49	0.93
EPS Growth	-	-	-	-47.52%	-51.85%
Free Cash Flow	-	58.45	37.2	60.49	-128.21
Free Cash Flow Per Share	-	0.53	0.33	0.53	-1.10
Dividend Per Share	-	0.420	-	0.136	0.286
Dividend Growth	-	-	-	-52.62%	-43.86%
Gross Margin	11.22%	22.38%	37.18%	41.79%	46.28%
Operating Margin	11.22%	-21.25%	-17.77%	11.82%	22.26%
Profit Margin	9.94%	-19.21%	-4.33%	12.57%	22.14%
Free Cash Flow Margin	-	13.04%	12.00%	13.48%	-26.09%
EBITDA	71.88	-82.43	-43.75	61.56	114.18
EBITDA Margin	13.66%	-18.39%	-14.11%	13.72%	23.23%
D&A For EBITDA	12.85	12.85	11.36	8.5	4.78
EBIT	59.03	-95.29	-55.11	53.06	109.4
EBIT Margin	11.22%	-21.25%	-17.77%	11.82%	22.26%
Effective Tax Rate	10.10%	-	-	12.90%	15.38%
Revenue as Reported	-	448.37	310.04	448.82	491.46
Advertising Expenses	-	4.01	0.13	0	0.08

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