SHA:688100 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	2,956	2,734	2,215	1,993	1,818
Other Revenue	21.16	10.28	10.48	10.18	7.17
Revenue	2,978	2,745	2,225	2,004	1,826
Revenue Growth (YoY)	8.48%	23.35%	11.06%	9.75%	26.03%
Cost of Revenue	1,789	1,664	1,322	1,263	1,192
Gross Profit	1,188	1,081	902.75	740.75	633.76
Selling, General & Admin	187.83	178.78	144.64	129.05	120.58
Research & Development	231.85	240.98	227.44	198.52	176.9
Other Operating Expenses	17.17	10.61	12.58	-14.83	-15.23
Operating Expenses	488.08	448.09	375.24	337.02	297.84
Operating Income	700.21	633.12	527.51	403.73	335.91
Interest Expense	-0.33	-0.37	-0.06	-0.05	-0.03
Interest & Investment Income	14.46	24.68	33.42	31.1	33.19
Currency Exchange Gain (Loss)	-8.44	2.66	-0.31	22.18	-2.19
Other Non Operating Income (Expenses)	-0.15	-1.97	-3	-2.13	-1.47
EBT Excluding Unusual Items	705.74	658.11	557.56	454.83	365.41
Gain (Loss) on Sale of Investments	14.75	15.28	-14.89	-16.34	5.96
Gain (Loss) on Sale of Assets	0.07	0.02	0.02	-0	0.06
Asset Writedown	-	0.56	-0.56	-	-
Other Unusual Items	58.03	51.18	59.84	19.18	23.89
Pretax Income	778.6	725.15	601.97	457.67	395.32
Income Tax Expense	112.33	94.23	75.62	55.42	53.09
Earnings From Continuing Operations	666.27	630.92	526.35	402.25	342.23
Minority Interest in Earnings	-	-0.25	-1.09	-2.09	-0.8
Net Income	666.27	630.67	525.26	400.16	341.44
Net Income to Common	666.27	630.67	525.26	400.16	341.44
Net Income Growth	5.64%	20.07%	31.26%	17.20%	24.02%
Shares Outstanding (Basic)	490	493	491	500	502
Shares Outstanding (Diluted)	490	493	491	500	502
Shares Change (YoY)	-0.57%	0.37%	-1.86%	-0.38%	2.13%
EPS (Basic)	1.36	1.28	1.07	0.80	0.68
EPS (Diluted)	1.36	1.28	1.07	0.80	0.68
EPS Growth	6.25%	19.63%	33.75%	17.65%	21.43%
Free Cash Flow	290.95	384	395.86	219.07	207.81
Free Cash Flow Per Share	0.59	0.78	0.81	0.44	0.41
Dividend Per Share	0.300	0.520	0.430	0.330	0.260
Dividend Growth	-42.31%	20.93%	30.30%	26.92%	15.56%
Gross Margin	39.91%	39.39%	40.57%	36.97%	34.71%
Operating Margin	23.52%	23.07%	23.71%	20.15%	18.40%
Profit Margin	22.38%	22.98%	23.61%	19.97%	18.70%
Free Cash Flow Margin	9.77%	13.99%	17.79%	10.93%	11.38%
EBITDA	728.52	660.16	550.92	424.04	352.87
EBITDA Margin	24.47%	24.05%	24.76%	21.16%	19.33%
D&A For EBITDA	28.31	27.04	23.41	20.31	16.96
EBIT	700.21	633.12	527.51	403.73	335.91
EBIT Margin	23.52%	23.07%	23.71%	20.15%	18.40%
Effective Tax Rate	14.43%	13.00%	12.56%	12.11%	13.43%
Revenue as Reported	2,978	2,745	2,225	2,004	1,826

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