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	573.46	446.7	308.68	447.26	488.47
Other Revenue	0.68	1.67	1.36	1.56	2.99
Revenue	574.15	448.37	310.04	448.82	491.46
Revenue Growth (YoY)	28.05%	44.62%	-30.92%	-8.68%	0.01%
Cost of Revenue	280.57	348.01	194.78	261.25	264.01
Gross Profit	293.57	100.36	115.26	187.57	227.45
Selling, General & Admin	65.79	62.23	46.19	38.05	33.32
Research & Development	19.08	22.82	29.34	23.79	31.4
Other Operating Expenses	3.78	2.93	2.41	1.61	3.26
Operating Expenses	211.81	195.64	170.37	134.51	118.05
Operating Income	81.76	-95.29	-55.11	53.06	109.4
Interest Expense	-0.18	-0.94	-0.59	-1.87	-1.66
Interest & Investment Income	13.53	13.8	34.97	6	8.83
Other Non Operating Income (Expenses)	0.12	-0.31	-0.3	-0.11	-0.38
EBT Excluding Unusual Items	95.23	-82.74	-21.03	57.08	116.2
Gain (Loss) on Sale of Investments	2.46	2.27	4.48	4.29	4.64
Gain (Loss) on Sale of Assets	-0	-0.03	1.55	0	-0.02
Asset Writedown	-	-7.96	-5.34	-	-
Other Unusual Items	6.12	6.69	1.95	3.39	7.76
Pretax Income	103.81	-81.77	-18.38	64.76	128.57
Income Tax Expense	4.98	4.83	-4.81	8.35	19.78
Earnings From Continuing Operations	98.83	-86.59	-13.57	56.41	108.8
Minority Interest in Earnings	-0.13	0.44	0.13	0.01	0
Net Income	98.7	-86.15	-13.44	56.42	108.8
Net Income to Common	98.7	-86.15	-13.44	56.42	108.8
Net Income Growth	-	-	-	-48.15%	-43.56%
Shares Outstanding (Basic)	110	110	112	115	117
Shares Outstanding (Diluted)	110	110	112	115	117
Shares Change (YoY)	-0.70%	-1.40%	-2.71%	-1.21%	17.21%
EPS (Basic)	0.90	-0.78	-0.12	0.49	0.93
EPS (Diluted)	0.90	-0.78	-0.12	0.49	0.93
EPS Growth	-	-	-	-47.52%	-51.85%
Free Cash Flow	-111.91	58.45	37.2	60.49	-128.21
Free Cash Flow Per Share	-1.02	0.53	0.33	0.53	-1.10
Dividend Per Share	0.700	0.420	-	0.136	0.286
Dividend Growth	66.67%	-	-	-52.62%	-43.86%
Gross Margin	51.13%	22.38%	37.18%	41.79%	46.28%
Operating Margin	14.24%	-21.25%	-17.77%	11.82%	22.26%
Profit Margin	17.19%	-19.21%	-4.33%	12.57%	22.14%
Free Cash Flow Margin	-19.49%	13.04%	12.00%	13.48%	-26.09%
EBITDA	96.59	-82.43	-43.75	61.56	114.18
EBITDA Margin	16.82%	-18.39%	-14.11%	13.72%	23.23%
D&A For EBITDA	14.83	12.85	11.36	8.5	4.78
EBIT	81.76	-95.29	-55.11	53.06	109.4
EBIT Margin	14.24%	-21.25%	-17.77%	11.82%	22.26%
Effective Tax Rate	4.80%	-	-	12.90%	15.38%
Revenue as Reported	574.15	448.37	310.04	448.82	491.46
Advertising Expenses	1.04	4.01	0.13	0	0.08

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