SHA:688112 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	602.02	489.11	475.93	387.14	296.59
Other Revenue	-	8.29	7.3	10.56	7.23
Revenue	602.02	497.4	483.23	397.71	303.82
Revenue Growth (YoY)	21.03%	2.93%	21.50%	30.90%	37.60%
Cost of Revenue	-	194.89	187.9	171.34	132.38
Gross Profit	602.02	302.52	295.33	226.37	171.44
Selling, General & Admin	-	114.09	95.46	73.12	46.46
Research & Development	-	108.5	86.1	57.61	38.29
Other Operating Expenses	453.9	-4.3	-15.51	0.11	-0.56
Operating Expenses	453.9	220.34	165.05	133.66	85.23
Operating Income	148.12	82.17	130.28	92.71	86.21
Interest Expense	-	-1.63	-0.89	-0.83	-0.47
Interest & Investment Income	-	36.49	40.93	42.88	4.38
Currency Exchange Gain (Loss)	-	-0.34	5.7	5.75	-4.98
Other Non Operating Income (Expenses)	-0.01	-0.78	-6.84	-4.65	-0.67
EBT Excluding Unusual Items	148.11	115.93	169.17	135.87	84.47
Gain (Loss) on Sale of Assets	-	0.19	0	0	0
Asset Writedown	-	-0.01	-0.05	-	-
Other Unusual Items	-	2.08	-	17.33	5.94
Pretax Income	148.11	118.18	169.13	153.2	90.42
Income Tax Expense	5.23	6.07	13.87	12.43	9.36
Net Income	142.88	112.11	155.26	140.77	81.06
Net Income to Common	142.88	112.11	155.26	140.77	81.06
Net Income Growth	27.45%	-27.79%	10.29%	73.67%	50.92%
Shares Outstanding (Basic)	159	160	158	158	122
Shares Outstanding (Diluted)	159	160	158	158	122
Shares Change (YoY)	-0.87%	1.09%	0.16%	29.65%	2.15%
EPS (Basic)	0.90	0.70	0.98	0.89	0.66
EPS (Diluted)	0.90	0.70	0.98	0.89	0.66
EPS Growth	28.57%	-28.57%	10.11%	33.95%	47.74%
Free Cash Flow	-	83.79	85.07	12.67	29.52
Free Cash Flow Per Share	-	0.52	0.54	0.08	0.24
Dividend Per Share	-	0.510	0.880	0.571	0.315
Dividend Growth	-	-42.05%	54.25%	81.34%	-
Gross Margin	100.00%	60.82%	61.12%	56.92%	56.43%
Operating Margin	24.60%	16.52%	26.96%	23.31%	28.38%
Profit Margin	23.73%	22.54%	32.13%	35.40%	26.68%
Free Cash Flow Margin	-	16.84%	17.60%	3.19%	9.72%
EBITDA	158.23	92.29	137.18	96.42	88.48
EBITDA Margin	26.28%	18.55%	28.39%	24.24%	29.12%
D&A For EBITDA	10.11	10.11	6.9	3.7	2.27
EBIT	148.12	82.17	130.28	92.71	86.21
EBIT Margin	24.60%	16.52%	26.96%	23.31%	28.38%
Effective Tax Rate	3.53%	5.14%	8.20%	8.11%	10.35%
Revenue as Reported	-	-	-	397.71	303.82
Advertising Expenses	-	-	-	18.57	11.1

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