SHA:688076 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	1,943	1,623	1,033	648.03	641.71
Other Revenue	-	1.99	0.82	3.26	2.16
Revenue	1,943	1,625	1,034	651.29	643.87
Revenue Growth (YoY)	19.57%	57.21%	58.69%	1.15%	13.58%
Cost of Revenue	-	575.05	444.27	307.94	306.3
Gross Profit	1,943	1,050	589.28	343.36	337.57
Selling, General & Admin	-	339.13	268.23	186.98	150.49
Research & Development	-	227.45	124.89	69.47	63.09
Other Operating Expenses	1,543	1.7	0.02	9.25	5.24
Operating Expenses	1,543	588.89	398.25	271.58	220.47
Operating Income	400.05	460.86	191.04	71.78	117.1
Interest Expense	-	-34.75	-16.09	-9.26	-6.12
Interest & Investment Income	-	9.05	9.11	28.54	8.38
Currency Exchange Gain (Loss)	-	8.68	-1.38	1.03	-1.58
Other Non Operating Income (Expenses)	-48.15	-0.58	-0.47	-0.3	-0
EBT Excluding Unusual Items	351.9	443.26	182.22	91.79	117.78
Impairment of Goodwill	-	-	-	-	-1.28
Gain (Loss) on Sale of Investments	-	-2.79	0.26	-1.96	0.13
Gain (Loss) on Sale of Assets	-	-9.2	-15.06	18.44	-0.97
Other Unusual Items	-	7.24	5.71	14.9	10.07
Pretax Income	351.9	438.5	173.13	123.16	125.73
Income Tax Expense	24.9	38.69	7.67	0.39	16.92
Earnings From Continuing Operations	327	399.82	165.45	122.77	108.81
Minority Interest in Earnings	-	4.57	-2.52	6.34	6.58
Net Income	327	404.39	162.94	129.11	115.39
Net Income to Common	327	404.39	162.94	129.11	115.39
Net Income Growth	-19.14%	148.19%	26.20%	11.89%	-6.52%
Shares Outstanding (Basic)	314	301	300	296	269
Shares Outstanding (Diluted)	314	308	300	296	269
Shares Change (YoY)	2.19%	2.52%	1.28%	10.06%	19.95%
EPS (Basic)	1.04	1.34	0.54	0.44	0.43
EPS (Diluted)	1.04	1.31	0.54	0.44	0.43
EPS Growth	-20.87%	142.09%	24.60%	1.66%	-22.07%
Free Cash Flow	-	-690.01	-310.43	-409.07	-52.61
Free Cash Flow Per Share	-	-2.24	-1.03	-1.38	-0.20
Dividend Per Share	-	0.643	0.286	0.143	0.107
Dividend Growth	-	125.03%	99.93%	33.43%	-
Gross Margin	100.00%	64.61%	57.02%	52.72%	52.43%
Operating Margin	20.59%	28.36%	18.48%	11.02%	18.19%
Profit Margin	16.83%	24.89%	15.77%	19.82%	17.92%
Free Cash Flow Margin	-	-42.47%	-30.04%	-62.81%	-8.17%
EBITDA	601.93	662.75	322.81	170.52	198.73
EBITDA Margin	30.98%	40.79%	31.23%	26.18%	30.87%
D&A For EBITDA	201.88	201.88	131.77	98.75	81.63
EBIT	400.05	460.86	191.04	71.78	117.1
EBIT Margin	20.59%	28.36%	18.48%	11.02%	18.19%
Effective Tax Rate	7.08%	8.82%	4.43%	0.32%	13.46%
Revenue as Reported	-	1,625	1,034	651.29	643.87

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