SHA:688080 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	759.8	774.91	609.54	492.61	384.21	445.22
Other Revenue	2.08	2.08	2.2	0.71	2.75	4.32
Revenue	761.88	776.98	611.74	493.33	386.95	449.54
Revenue Growth (YoY)	16.30%	27.01%	24.00%	27.49%	-13.92%	44.63%
Cost of Revenue	391.19	399.05	295.94	244	202.04	247.16
Gross Profit	370.69	377.94	315.8	249.33	184.92	202.38
Selling, General & Admin	148.46	149.03	127.55	109.18	84.33	75.67
Research & Development	67.77	67.65	64.31	59.04	54.2	47.72
Other Operating Expenses	-3.23	-5.11	-5.76	-6.7	-5.64	-6.41
Operating Expenses	214.11	211.9	185.7	161.77	131.71	116.41
Operating Income	156.58	166.04	130.1	87.56	53.21	85.97
Interest Expense	-0.68	-0.64	-0.4	-0.31	-0.15	-0.1
Interest & Investment Income	18.77	18.47	17.91	13.71	12.52	32.62
Currency Exchange Gain (Loss)	-7.57	-7.57	2.98	2.34	9.47	-2.27
Other Non Operating Income (Expenses)	-6.01	-0.35	-0.87	-0.13	-0.72	-0.58
EBT Excluding Unusual Items	161.09	175.95	149.73	103.17	74.32	115.64
Gain (Loss) on Sale of Investments	-0.14	-	-	-	-	-
Gain (Loss) on Sale of Assets	-0.03	-0	-0.02	0	-0.04	0
Asset Writedown	0.1	-	-	-0.02	-0	-
Other Unusual Items	1.23	1.63	1.77	1.92	2.55	5.79
Pretax Income	162.25	177.58	151.48	105.06	76.83	121.43
Income Tax Expense	24.92	26.87	20.64	10.88	6.43	12.17
Earnings From Continuing Operations	137.33	150.71	130.84	94.19	70.4	109.27
Minority Interest in Earnings	-1.28	-1.68	-0.95	-0.24	-0.05	-4.32
Net Income	136.05	149.03	129.89	93.95	70.35	104.95
Net Income to Common	136.05	149.03	129.89	93.95	70.35	104.95
Net Income Growth	0.13%	14.74%	38.25%	33.55%	-32.97%	159.65%
Shares Outstanding (Basic)	74	74	74	74	73	73
Shares Outstanding (Diluted)	74	74	74	74	73	73
Shares Change (YoY)	-0.18%	-0.03%	-0.01%	0.72%	-0.25%	3.85%
EPS (Basic)	1.85	2.02	1.76	1.27	0.96	1.43
EPS (Diluted)	1.85	2.02	1.76	1.27	0.96	1.43
EPS Growth	0.32%	14.77%	38.27%	32.60%	-32.80%	150.02%
Free Cash Flow	165.7	133.9	110.04	182.08	53	32.59
Free Cash Flow Per Share	2.25	1.81	1.49	2.47	0.72	0.44
Dividend Per Share	0.110	0.110	0.200	0.170	0.100	0.100
Dividend Growth	-45.12%	-45.12%	17.91%	70.00%	-	-12.51%
Gross Margin	48.66%	48.64%	51.62%	50.54%	47.79%	45.02%
Operating Margin	20.55%	21.37%	21.27%	17.75%	13.75%	19.13%
Profit Margin	17.86%	19.18%	21.23%	19.04%	18.18%	23.35%
Free Cash Flow Margin	21.75%	17.23%	17.99%	36.91%	13.70%	7.25%
EBITDA	161.84	171.17	134.73	91.85	57.48	89.91
EBITDA Margin	21.24%	22.03%	22.02%	18.62%	14.86%	20.00%
D&A For EBITDA	5.26	5.13	4.63	4.29	4.28	3.94
EBIT	156.58	166.04	130.1	87.56	53.21	85.97
EBIT Margin	20.55%	21.37%	21.27%	17.75%	13.75%	19.13%
Effective Tax Rate	15.36%	15.13%	13.62%	10.35%	8.37%	10.02%
Revenue as Reported	761.88	776.98	611.74	493.33	386.95	449.54
Advertising Expenses	-	2.47	2.5	2.41	2.92	5.11

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