SHA:688093 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	1,069	1,085	793.03	510.65	462.25	425.29
Other Revenue	1.56	1.56	1.66	0.85	0.04	0.11
Revenue	1,070	1,087	794.68	511.5	462.29	425.4
Revenue Growth (YoY)	16.68%	36.75%	55.36%	10.64%	8.67%	29.32%
Cost of Revenue	454.62	471.59	353.53	211.26	185.75	164.96
Gross Profit	615.62	615.14	441.15	300.24	276.54	260.45
Selling, General & Admin	97.05	95.9	91.82	65.47	52.92	55.81
Research & Development	62.73	60.53	50.21	36.77	32.27	30.49
Other Operating Expenses	8.73	8.66	4.18	4.88	6.14	4.96
Operating Expenses	168.11	165.27	148.03	107.55	91.12	91.77
Operating Income	447.51	449.87	293.12	192.7	185.43	168.68
Interest Expense	-0.01	-0.01	-0.18	-0.6	-0.05	-0
Interest & Investment Income	19.29	17.69	22.16	26.96	21.5	23.25
Currency Exchange Gain (Loss)	-4.11	-4.11	1.28	0.28	2.44	-0.25
Other Non Operating Income (Expenses)	-0.79	-0.14	-0.07	-0.12	-0.08	-0.08
EBT Excluding Unusual Items	461.9	463.3	316.3	219.21	209.24	191.59
Gain (Loss) on Sale of Assets	-0	-0	-0.23	0.28	-0.06	-1.03
Asset Writedown	-2.82	-2.98	-0.14	-0.12	-0.02	-0.02
Other Unusual Items	2.02	2.32	5.49	6.89	4.22	24.56
Pretax Income	461.31	462.85	321.81	226.27	213.49	215.11
Income Tax Expense	64.2	63.94	42.15	32.81	28.12	30.83
Earnings From Continuing Operations	397.11	398.91	279.66	193.46	185.38	184.28
Net Income	397.11	398.91	279.66	193.46	185.38	184.28
Net Income to Common	397.11	398.91	279.66	193.46	185.38	184.28
Net Income Growth	21.98%	42.64%	44.56%	4.36%	0.59%	42.94%
Shares Outstanding (Basic)	273	268	261	251	241	239
Shares Outstanding (Diluted)	273	268	261	251	241	239
Shares Change (YoY)	3.77%	2.44%	4.03%	4.36%	0.59%	21.98%
EPS (Basic)	1.46	1.49	1.07	0.77	0.77	0.77
EPS (Diluted)	1.46	1.49	1.07	0.77	0.77	0.77
EPS Growth	17.55%	39.25%	38.96%	-	-	17.18%
Free Cash Flow	208.22	85.93	19.09	-119.95	0.39	39.58
Free Cash Flow Per Share	0.76	0.32	0.07	-0.48	0.00	0.17
Dividend Per Share	0.700	0.700	0.520	0.360	0.400	0.086
Dividend Growth	34.62%	34.62%	44.44%	-10.00%	366.74%	-40.03%
Gross Margin	57.52%	56.61%	55.51%	58.70%	59.82%	61.22%
Operating Margin	41.81%	41.40%	36.88%	37.67%	40.11%	39.65%
Profit Margin	37.10%	36.71%	35.19%	37.82%	40.10%	43.32%
Free Cash Flow Margin	19.46%	7.91%	2.40%	-23.45%	0.08%	9.30%
EBITDA	498.97	497.71	326.5	221.5	202.57	179.31
EBITDA Margin	46.62%	45.80%	41.09%	43.30%	43.82%	42.15%
D&A For EBITDA	51.46	47.84	33.39	28.8	17.14	10.63
EBIT	447.51	449.87	293.12	192.7	185.43	168.68
EBIT Margin	41.81%	41.40%	36.88%	37.67%	40.11%	39.65%
Effective Tax Rate	13.92%	13.81%	13.10%	14.50%	13.17%	14.33%
Revenue as Reported	1,070	1,087	794.68	511.5	462.29	425.4
Advertising Expenses	-	0.88	-	-	-	-

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