SHA:688092 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	451.04	448.36	451.29	383.68	296.92	318.71
Other Revenue	0.23	0.23	0.22	0.32	0.13	0.12
Revenue	451.27	448.59	451.51	384	297.05	318.83
Revenue Growth (YoY)	-0.90%	-0.65%	17.58%	29.27%	-6.83%	43.25%
Cost of Revenue	265.82	263.97	263.7	222.61	170.27	181.23
Gross Profit	185.46	184.62	187.81	161.39	126.78	137.6
Selling, General & Admin	103.98	104.68	96.45	70.4	62.81	61.67
Research & Development	37.26	36.83	33.18	25.83	32.44	27.04
Other Operating Expenses	-4.91	-4.66	-7.21	-4.8	-2.24	-3.95
Operating Expenses	136.84	137.36	125.05	93.77	94.43	86.19
Operating Income	48.61	47.25	62.76	67.62	32.36	51.4
Interest Expense	-0.75	-0.75	-0.73	-0.5	-0.86	-0.62
Interest & Investment Income	15.95	15.95	14.07	10.06	4.71	5.48
Currency Exchange Gain (Loss)	-6.71	-6.71	3	3.26	10.26	-1.86
Other Non Operating Income (Expenses)	-6.23	-0.36	-0.1	-0.2	-0.25	-0.2
EBT Excluding Unusual Items	50.87	55.39	79	80.25	46.23	54.21
Impairment of Goodwill	-	-	-4.3	-	-	-
Gain (Loss) on Sale of Investments	0	0	0.13	0.25	0.01	0.5
Gain (Loss) on Sale of Assets	-0.05	-0.06	0	0.17	0.01	-0
Other Unusual Items	1.04	1.04	0.61	2.78	4.08	3.55
Pretax Income	51.87	56.37	75.44	83.45	50.33	58.25
Income Tax Expense	5.58	5.68	8.43	8.16	4.94	5.03
Net Income	46.29	50.69	67.01	75.3	45.39	53.22
Net Income to Common	46.29	50.69	67.01	75.3	45.39	53.22
Net Income Growth	-24.15%	-24.35%	-11.00%	65.90%	-14.73%	8.86%
Shares Outstanding (Basic)	83	83	82	82	83	78
Shares Outstanding (Diluted)	83	83	82	82	83	78
Shares Change (YoY)	-0.15%	1.70%	-0.15%	-0.82%	6.31%	24.74%
EPS (Basic)	0.56	0.61	0.82	0.92	0.55	0.69
EPS (Diluted)	0.56	0.61	0.82	0.92	0.55	0.69
EPS Growth	-24.04%	-25.61%	-10.87%	67.27%	-19.79%	-12.73%
Free Cash Flow	89.37	65.65	68.48	70.26	27.81	-5.24
Free Cash Flow Per Share	1.08	0.79	0.84	0.86	0.34	-0.07
Dividend Per Share	0.270	0.270	0.360	0.510	0.171	0.193
Dividend Growth	-25.00%	-25.00%	-29.41%	197.55%	-11.15%	8.01%
Gross Margin	41.10%	41.16%	41.59%	42.03%	42.68%	43.16%
Operating Margin	10.77%	10.53%	13.90%	17.61%	10.89%	16.12%
Profit Margin	10.26%	11.30%	14.84%	19.61%	15.28%	16.69%
Free Cash Flow Margin	19.80%	14.64%	15.17%	18.30%	9.36%	-1.64%
EBITDA	55.96	54.38	69.01	72.76	37.28	55.79
EBITDA Margin	12.40%	12.12%	15.28%	18.95%	12.55%	17.50%
D&A For EBITDA	7.35	7.13	6.25	5.13	4.92	4.39
EBIT	48.61	47.25	62.76	67.62	32.36	51.4
EBIT Margin	10.77%	10.53%	13.90%	17.61%	10.89%	16.12%
Effective Tax Rate	10.76%	10.08%	11.18%	9.78%	9.82%	8.63%
Revenue as Reported	448.59	448.59	451.51	384	297.05	318.83
Advertising Expenses	-	7.51	8.38	5.76	3.4	5.46