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	2,316	2,274	2,272	2,855	2,119
Other Revenue	12.2	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	1,247	1,190	1,174	1,490	1,061
Gross Profit	1,082	1,094	1,107	1,374	1,065
Selling, General & Admin	552.22	471.73	476.68	513.72	388.03
Research & Development	323.25	306.17	320.64	292.47	236.31
Other Operating Expenses	-2.74	-6.48	-7.25	2.34	1.63
Operating Expenses	885.88	787.08	793.97	809.08	622.71
Operating Income	195.77	306.58	312.95	564.67	441.98
Interest Expense	-3.91	-3.41	-3.51	-2.69	-2.89
Interest & Investment Income	62.68	71.46	118.64	95.02	483.95
Currency Exchange Gain (Loss)	-2.38	4.46	-7.72	3.58	4.14
Other Non Operating Income (Expenses)	-3.44	-1.87	-1.64	-1.49	0.56
EBT Excluding Unusual Items	248.72	377.21	418.71	659.1	927.74
Gain (Loss) on Sale of Investments	-0.49	5.47	2.06	-7.01	10.21
Gain (Loss) on Sale of Assets	0.63	0.23	-1.6	-0.76	-0.52
Asset Writedown	-1.23	-1.86	-2.36	-	-
Other Unusual Items	17.13	20.9	17.69	24	23.44
Pretax Income	264.76	401.96	434.49	675.34	960.87
Income Tax Expense	9.63	20.95	22.43	63.36	111.7
Earnings From Continuing Operations	255.13	381.01	412.06	611.97	849.17
Minority Interest in Earnings	-4.4	-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	148.64	164.96	72.08	338.18	387.11
Free Cash Flow Per Share	0.47	0.52	0.23	1.06	1.22
Dividend Per Share	0.330	0.470	0.515	0.450	0.500
Dividend Growth	-29.79%	-8.74%	14.44%	-10.02%	31.61%
Gross Margin	46.45%	47.89%	48.53%	47.97%	50.08%
Operating Margin	8.41%	13.42%	13.72%	19.72%	20.79%
Profit Margin	10.77%	16.05%	17.80%	20.98%	39.75%
Free Cash Flow Margin	6.38%	7.22%	3.16%	11.81%	18.21%
EBITDA	303.74	422.71	410.67	626.73	491.15
EBITDA Margin	13.04%	18.51%	18.00%	21.88%	23.10%
D&A For EBITDA	107.97	116.13	97.72	62.06	49.17
EBIT	195.77	306.58	312.95	564.67	441.98
EBIT Margin	8.41%	13.42%	13.72%	19.72%	20.79%
Effective Tax Rate	3.64%	5.21%	5.16%	9.38%	11.63%
Revenue as Reported	2,329	2,284	2,281	2,864	2,126
Advertising Expenses	35.16	24.88	31.82	25.41	14.24

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