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	231.9	194.89	187.9	171.34	132.38
Gross Profit	370.12	302.52	295.33	226.37	171.44
Selling, General & Admin	114.17	114.09	95.46	73.12	46.46
Research & Development	145.02	108.5	86.1	57.61	38.29
Other Operating Expenses	-7.47	-4.3	-15.51	0.11	-0.56
Operating Expenses	251.71	220.34	165.05	133.66	85.23
Operating Income	118.4	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)	31.8	-0.78	-6.84	-4.65	-0.67
EBT Excluding Unusual Items	150.2	115.93	169.17	135.87	84.47
Gain (Loss) on Sale of Assets	0.22	0.19	0	0	0
Asset Writedown	-2.41	-0.01	-0.05	-	-
Other Unusual Items	-	2.08	-	17.33	5.94
Pretax Income	148.02	118.18	169.13	153.2	90.42
Income Tax Expense	5.43	6.07	13.87	12.43	9.36
Net Income	142.59	112.11	155.26	140.77	81.06
Net Income to Common	142.59	112.11	155.26	140.77	81.06
Net Income Growth	27.19%	-27.79%	10.29%	73.67%	50.92%
Shares Outstanding (Basic)	158	160	158	158	122
Shares Outstanding (Diluted)	158	160	158	158	122
Shares Change (YoY)	-1.08%	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	151.67	83.79	85.07	12.67	29.52
Free Cash Flow Per Share	0.96	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	61.48%	60.82%	61.12%	56.92%	56.43%
Operating Margin	19.67%	16.52%	26.96%	23.31%	28.38%
Profit Margin	23.69%	22.54%	32.13%	35.40%	26.68%
Free Cash Flow Margin	25.19%	16.84%	17.60%	3.19%	9.72%
EBITDA	132.09	92.29	137.18	96.42	88.48
EBITDA Margin	21.94%	18.55%	28.39%	24.24%	29.12%
D&A For EBITDA	13.69	10.11	6.9	3.7	2.27
EBIT	118.4	82.17	130.28	92.71	86.21
EBIT Margin	19.67%	16.52%	26.96%	23.31%	28.38%
Effective Tax Rate	3.67%	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.