SHA:688080 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	777.21	609.54	492.61	384.21	445.22
Other Revenue	-	2.2	0.71	2.75	4.32
Revenue	777.21	611.74	493.33	386.95	449.54
Revenue Growth (YoY)	27.05%	24.00%	27.49%	-13.92%	44.63%
Cost of Revenue	-	295.94	244	202.04	247.16
Gross Profit	777.21	315.8	249.33	184.92	202.38
Selling, General & Admin	-	127.55	109.18	84.33	75.67
Research & Development	-	64.31	59.04	54.2	47.72
Other Operating Expenses	598.39	-5.76	-6.7	-5.64	-6.41
Operating Expenses	598.39	185.7	161.77	131.71	116.41
Operating Income	178.82	130.1	87.56	53.21	85.97
Interest Expense	-	-0.4	-0.31	-0.15	-0.1
Interest & Investment Income	-	17.91	13.71	12.52	32.62
Currency Exchange Gain (Loss)	-	2.98	2.34	9.47	-2.27
Other Non Operating Income (Expenses)	0.04	-0.87	-0.13	-0.72	-0.58
EBT Excluding Unusual Items	178.86	149.73	103.17	74.32	115.64
Gain (Loss) on Sale of Assets	-	0	0	-0.04	0
Asset Writedown	-	-0.03	-0.02	-0	-
Other Unusual Items	-	1.77	1.92	2.55	5.79
Pretax Income	178.86	151.48	105.06	76.83	121.43
Income Tax Expense	28.57	20.64	10.88	6.43	12.17
Earnings From Continuing Operations	150.29	130.84	94.19	70.4	109.27
Minority Interest in Earnings	-	-0.95	-0.24	-0.05	-4.32
Net Income	150.29	129.89	93.95	70.35	104.95
Net Income to Common	150.29	129.89	93.95	70.35	104.95
Net Income Growth	15.71%	38.25%	33.55%	-32.97%	159.65%
Shares Outstanding (Basic)	74	74	74	73	73
Shares Outstanding (Diluted)	74	74	74	73	73
Shares Change (YoY)	-0.17%	-0.01%	0.72%	-0.25%	3.85%
EPS (Basic)	2.04	1.76	1.27	0.96	1.43
EPS (Diluted)	2.04	1.76	1.27	0.96	1.43
EPS Growth	15.91%	38.27%	32.60%	-32.80%	150.02%
Free Cash Flow	-	110.04	182.08	53	32.59
Free Cash Flow Per Share	-	1.49	2.47	0.72	0.44
Dividend Per Share	-	0.200	0.170	0.100	0.100
Dividend Growth	-	17.91%	70.00%	-	-12.51%
Gross Margin	100.00%	51.62%	50.54%	47.79%	45.02%
Operating Margin	23.01%	21.27%	17.75%	13.75%	19.13%
Profit Margin	19.34%	21.23%	19.04%	18.18%	23.35%
Free Cash Flow Margin	-	17.99%	36.91%	13.70%	7.25%
EBITDA	183.26	134.53	91.85	57.48	89.91
EBITDA Margin	23.58%	21.99%	18.62%	14.86%	20.00%
D&A For EBITDA	4.43	4.43	4.29	4.28	3.94
EBIT	178.82	130.1	87.56	53.21	85.97
EBIT Margin	23.01%	21.27%	17.75%	13.75%	19.13%
Effective Tax Rate	15.97%	13.62%	10.35%	8.37%	10.02%
Revenue as Reported	-	611.74	493.33	386.95	449.54
Advertising Expenses	-	2.5	2.41	2.92	5.11

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