SHA:688103 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	1,323	777.66	674.08	683.96	485.23
Other Revenue	-	14.73	18.17	16.15	23.82
Revenue	1,323	792.39	692.25	700.11	509.05
Revenue Growth (YoY)	66.98%	14.46%	-1.12%	37.53%	25.76%
Cost of Revenue	-	565.69	454.69	441.03	304.66
Gross Profit	1,323	226.7	237.56	259.08	204.39
Selling, General & Admin	-	110.17	105.28	105.49	83.79
Research & Development	-	86.51	59.85	62.45	41.37
Other Operating Expenses	1,251	-2.8	2.46	4.59	3.82
Operating Expenses	1,251	201.46	170.82	178.85	131.96
Operating Income	72.36	25.24	66.74	80.23	72.43
Interest Expense	-	-21.41	-11.44	-1.26	-1.42
Interest & Investment Income	-	13.06	8.84	6.34	2.8
Currency Exchange Gain (Loss)	-	1.11	0.56	3.31	-1.07
Other Non Operating Income (Expenses)	0.17	0.71	-1.05	-1.19	-0.14
EBT Excluding Unusual Items	72.52	18.7	63.65	87.44	72.6
Gain (Loss) on Sale of Investments	-	-	-	-0.04	0.03
Gain (Loss) on Sale of Assets	-	-0.01	-0.02	-0.14	-0.01
Asset Writedown	-	-0.25	-0.06	-	-
Other Unusual Items	-	7.84	6.93	1.05	8.41
Pretax Income	72.52	26.28	70.49	88.31	81.03
Income Tax Expense	1.91	-4.42	6.8	2.02	7.59
Earnings From Continuing Operations	70.61	30.7	63.7	86.29	73.44
Minority Interest in Earnings	-	-0.46	0.49	-0.87	-0.43
Net Income	70.61	30.24	64.19	85.42	73
Net Income to Common	70.61	30.24	64.19	85.42	73
Net Income Growth	133.51%	-52.89%	-24.85%	17.01%	-47.23%
Shares Outstanding (Basic)	95	94	96	95	78
Shares Outstanding (Diluted)	95	94	96	96	78
Shares Change (YoY)	0.98%	-1.37%	-0.18%	23.58%	8.34%
EPS (Basic)	0.74	0.32	0.67	0.90	0.94
EPS (Diluted)	0.74	0.32	0.67	0.89	0.94
EPS Growth	131.25%	-52.24%	-24.72%	-5.32%	-51.30%
Free Cash Flow	-	-42.79	-3.34	-91.12	-37.69
Free Cash Flow Per Share	-	-0.45	-0.04	-0.95	-0.48
Dividend Per Share	-	0.210	0.230	0.275	0.315
Dividend Growth	-	-8.49%	-16.36%	-12.70%	-
Gross Margin	100.00%	28.61%	34.32%	37.00%	40.15%
Operating Margin	5.47%	3.19%	9.64%	11.46%	14.23%
Profit Margin	5.34%	3.82%	9.27%	12.20%	14.34%
Free Cash Flow Margin	-	-5.40%	-0.48%	-13.01%	-7.40%
EBITDA	108.73	61.61	98.53	98.12	84.87
EBITDA Margin	8.22%	7.78%	14.23%	14.02%	16.67%
D&A For EBITDA	36.37	36.37	31.79	17.89	12.44
EBIT	72.36	25.24	66.74	80.23	72.43
EBIT Margin	5.47%	3.19%	9.64%	11.46%	14.23%
Effective Tax Rate	2.64%	-	9.64%	2.29%	9.37%
Revenue as Reported	-	792.39	692.25	700.11	509.05
Advertising Expenses	-	8.12	4.87	4.98	3

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