SHA:688092 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	448.59	451.29	383.68	296.92	318.71
Other Revenue	-	0.22	0.32	0.13	0.12
Revenue	448.59	451.51	384	297.05	318.83
Revenue Growth (YoY)	-0.65%	17.58%	29.27%	-6.83%	43.25%
Cost of Revenue	261.02	263.7	222.61	170.27	181.23
Gross Profit	187.57	187.81	161.39	126.78	137.6
Selling, General & Admin	104.68	96.45	70.4	62.81	61.67
Research & Development	36.83	33.18	25.83	32.44	27.04
Other Operating Expenses	-5.59	-7.21	-4.8	-2.24	-3.95
Operating Expenses	135.92	125.05	93.77	94.43	86.19
Operating Income	51.65	62.76	67.62	32.36	51.4
Interest Expense	-	-0.73	-0.5	-0.86	-0.62
Interest & Investment Income	1.5	14.07	10.06	4.71	5.48
Currency Exchange Gain (Loss)	-	3	3.26	10.26	-1.86
Other Non Operating Income (Expenses)	6.24	-0.1	-0.2	-0.25	-0.2
EBT Excluding Unusual Items	59.39	79	80.25	46.23	54.21
Impairment of Goodwill	-	-4.3	-	-	-
Gain (Loss) on Sale of Investments	0	0.13	0.25	0.01	0.5
Gain (Loss) on Sale of Assets	-0.06	0	0.17	0.01	-0
Asset Writedown	-2.96	-	-	-	-
Other Unusual Items	-	0.61	2.78	4.08	3.55
Pretax Income	56.37	75.44	83.45	50.33	58.25
Income Tax Expense	5.68	8.43	8.16	4.94	5.03
Net Income	50.69	67.01	75.3	45.39	53.22
Net Income to Common	50.69	67.01	75.3	45.39	53.22
Net Income Growth	-24.35%	-11.00%	65.90%	-14.73%	8.86%
Shares Outstanding (Basic)	83	82	82	83	78
Shares Outstanding (Diluted)	83	82	82	83	78
Shares Change (YoY)	1.70%	-0.15%	-0.82%	6.31%	24.74%
EPS (Basic)	0.61	0.82	0.92	0.55	0.69
EPS (Diluted)	0.61	0.82	0.92	0.55	0.69
EPS Growth	-25.61%	-10.87%	67.27%	-19.79%	-12.73%
Free Cash Flow	65.65	68.48	70.26	27.81	-5.24
Free Cash Flow Per Share	0.79	0.84	0.86	0.34	-0.07
Dividend Per Share	-	0.360	0.510	0.171	0.193
Dividend Growth	-	-29.41%	197.55%	-11.15%	8.01%
Gross Margin	41.81%	41.59%	42.03%	42.68%	43.16%
Operating Margin	11.51%	13.90%	17.61%	10.89%	16.12%
Profit Margin	11.30%	14.84%	19.61%	15.28%	16.69%
Free Cash Flow Margin	14.64%	15.17%	18.30%	9.36%	-1.64%
EBITDA	59.65	68.69	72.76	37.28	55.79
EBITDA Margin	13.30%	15.21%	18.95%	12.55%	17.50%
D&A For EBITDA	8	5.93	5.13	4.92	4.39
EBIT	51.65	62.76	67.62	32.36	51.4
EBIT Margin	11.51%	13.90%	17.61%	10.89%	16.12%
Effective Tax Rate	10.08%	11.18%	9.78%	9.82%	8.63%
Revenue as Reported	-	451.51	384	297.05	318.83
Advertising Expenses	-	8.38	5.76	3.4	5.46

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