SHA:688139 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	2,329	2,274	2,272	2,855	2,119
Other Revenue	-	9.85	9.24	8.62	7.31
Revenue	2,329	2,284	2,281	2,864	2,126
Revenue Growth (YoY)	1.96%	0.13%	-20.36%	34.72%	51.63%
Cost of Revenue	-	1,190	1,174	1,490	1,061
Gross Profit	2,329	1,094	1,107	1,374	1,065
Selling, General & Admin	-	471.73	476.68	513.72	388.03
Research & Development	-	306.17	320.64	292.47	236.31
Other Operating Expenses	2,062	-6.48	-7.25	2.34	1.63
Operating Expenses	2,062	787.08	793.97	809.08	622.71
Operating Income	266.34	306.58	312.95	564.67	441.98
Interest Expense	-	-3.41	-3.51	-2.69	-2.89
Interest & Investment Income	-	71.46	118.64	95.02	483.95
Currency Exchange Gain (Loss)	-	4.46	-7.72	3.58	4.14
Other Non Operating Income (Expenses)	-1.58	-1.83	-1.68	-1.49	0.56
EBT Excluding Unusual Items	264.76	377.25	418.67	659.1	927.74
Gain (Loss) on Sale of Investments	-	5.47	2.06	-7.01	10.21
Gain (Loss) on Sale of Assets	-	0.23	-1.6	-0.76	-0.52
Asset Writedown	-	-1.86	-2.36	-	-
Other Unusual Items	-	20.87	17.72	24	23.44
Pretax Income	264.76	401.96	434.49	675.34	960.87
Income Tax Expense	14.03	20.95	22.43	63.36	111.7
Earnings From Continuing Operations	250.73	381.01	412.06	611.97	849.17
Minority Interest in Earnings	-	-14.38	-5.99	-11.18	-4.14
Net Income	250.73	366.63	406.07	600.79	845.04
Net Income to Common	250.73	366.63	406.07	600.79	845.04
Net Income Growth	-31.61%	-9.71%	-32.41%	-28.90%	121.82%
Shares Outstanding (Basic)	313	316	317	318	316
Shares Outstanding (Diluted)	313	316	317	318	318
Shares Change (YoY)	-0.84%	-0.37%	-0.20%	0.06%	-2.43%
EPS (Basic)	0.80	1.16	1.28	1.89	2.67
EPS (Diluted)	0.80	1.16	1.28	1.89	2.66
EPS Growth	-31.03%	-9.38%	-32.27%	-28.95%	127.35%
Free Cash Flow	-	164.96	72.08	338.18	387.11
Free Cash Flow Per Share	-	0.52	0.23	1.06	1.22
Dividend Per Share	-	0.470	0.515	0.450	0.500
Dividend Growth	-	-8.74%	14.44%	-10.02%	31.61%
Gross Margin	100.00%	47.89%	48.53%	47.97%	50.08%
Operating Margin	11.44%	13.42%	13.72%	19.72%	20.79%
Profit Margin	10.77%	16.05%	17.80%	20.98%	39.75%
Free Cash Flow Margin	-	7.22%	3.16%	11.81%	18.21%
EBITDA	371.14	411.38	410.67	626.73	491.15
EBITDA Margin	15.94%	18.01%	18.00%	21.88%	23.10%
D&A For EBITDA	104.8	104.8	97.72	62.06	49.17
EBIT	266.34	306.58	312.95	564.67	441.98
EBIT Margin	11.44%	13.42%	13.72%	19.72%	20.79%
Effective Tax Rate	5.30%	5.21%	5.16%	9.38%	11.63%
Revenue as Reported	-	2,284	2,281	2,864	2,126
Advertising Expenses	-	24.88	31.82	25.41	14.24

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