SHA:688129 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	662.6	660.63	594.79	515.78	388.65	490.11
Other Revenue	2.1	2.1	2.74	3.17	5	3.59
Revenue	664.7	662.74	597.53	518.95	393.65	493.7
Revenue Growth (YoY)	9.07%	10.91%	15.14%	31.83%	-20.27%	21.01%
Cost of Revenue	407.49	407.77	368.55	354.03	267.67	289.49
Gross Profit	257.22	254.97	228.99	164.92	125.98	204.21
Selling, General & Admin	107.43	107.67	97.88	99.91	90.87	83.55
Research & Development	37.36	36.9	32.37	29.49	23.95	26.43
Other Operating Expenses	3.29	4.48	4.03	3.51	2.13	3.71
Operating Expenses	166.02	167.01	159.31	136.76	116.91	122.27
Operating Income	91.19	87.96	69.68	28.17	9.07	81.94
Interest Expense	-13.93	-13.93	-14.82	-10.19	-2.39	-0.23
Interest & Investment Income	21.6	19.46	9.27	23.17	8.97	18.92
Currency Exchange Gain (Loss)	0.01	0.01	0.14	0.18	0.04	-
Other Non Operating Income (Expenses)	-1.16	0.08	0.08	-3.18	-1.97	-0.38
EBT Excluding Unusual Items	97.72	93.58	64.36	38.14	13.72	100.25
Gain (Loss) on Sale of Investments	13.14	15.49	25.86	13	3.97	-
Gain (Loss) on Sale of Assets	0.11	0.09	0.23	0.05	-0.01	0.07
Asset Writedown	-0.09	-0.06	-0	-0.4	-0	-0
Other Unusual Items	5.61	5.61	6.05	8.02	6.99	8.38
Pretax Income	116.48	114.71	96.5	58.82	24.67	108.69
Income Tax Expense	14.31	14.13	11.75	7.15	3.19	14.76
Net Income	102.17	100.58	84.75	51.67	21.47	93.93
Net Income to Common	102.17	100.58	84.75	51.67	21.47	93.93
Net Income Growth	18.78%	18.68%	64.00%	140.66%	-77.14%	19.88%
Shares Outstanding (Basic)	112	112	113	117	119	120
Shares Outstanding (Diluted)	112	112	113	120	119	120
Shares Change (YoY)	0.69%	-1.10%	-5.97%	0.74%	-0.94%	26.02%
EPS (Basic)	0.91	0.90	0.75	0.44	0.18	0.78
EPS (Diluted)	0.91	0.90	0.75	0.43	0.18	0.78
EPS Growth	17.96%	20.00%	74.42%	138.89%	-76.92%	-4.88%
Free Cash Flow	-55.81	-15.98	21.81	-29.42	16.05	56.62
Free Cash Flow Per Share	-0.50	-0.14	0.19	-0.24	0.14	0.47
Dividend Per Share	0.266	0.266	0.150	0.201	-	0.240
Dividend Growth	77.33%	77.33%	-25.20%	-	-	20.00%
Gross Margin	38.70%	38.47%	38.32%	31.78%	32.00%	41.36%
Operating Margin	13.72%	13.27%	11.66%	5.43%	2.30%	16.60%
Profit Margin	15.37%	15.18%	14.18%	9.96%	5.46%	19.02%
Free Cash Flow Margin	-8.40%	-2.41%	3.65%	-5.67%	4.08%	11.47%
EBITDA	98.73	95.56	77.52	35.78	16.22	89.1
EBITDA Margin	14.85%	14.42%	12.97%	6.90%	4.12%	18.05%
D&A For EBITDA	7.54	7.6	7.84	7.62	7.15	7.17
EBIT	91.19	87.96	69.68	28.17	9.07	81.94
EBIT Margin	13.72%	13.27%	11.66%	5.43%	2.30%	16.60%
Effective Tax Rate	12.28%	12.32%	12.18%	12.15%	12.95%	13.58%
Revenue as Reported	662.74	662.74	597.53	518.95	393.65	493.7

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