SHA:688147 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	2,632	2,696	1,678	683.84	427.51
Other Revenue	-	3.96	1.42	0.67	0.41
Revenue	2,632	2,700	1,680	684.51	427.92
Revenue Growth (YoY)	-2.52%	60.73%	145.39%	59.96%	36.91%
Cost of Revenue	2,415	1,841	1,044	423.68	244.52
Gross Profit	216.48	858.87	635.32	260.83	183.39
Selling, General & Admin	-	250.49	227.51	96.39	59.82
Research & Development	-	263.98	174.38	137.3	96.59
Other Operating Expenses	-	-23.27	-49.55	-4.16	-6.79
Operating Expenses	-	649.63	419.97	252.08	162.67
Operating Income	216.48	209.23	215.35	8.75	20.72
Interest Expense	-	-43.86	-16.57	-5.35	-3.48
Interest & Investment Income	-	33.04	45.36	18.89	12.7
Currency Exchange Gain (Loss)	-	-3.68	-1.27	1.33	-0.49
Other Non Operating Income (Expenses)	0.81	-2.27	0.19	-1.16	-0.41
EBT Excluding Unusual Items	217.29	192.46	243.05	22.47	29.04
Gain (Loss) on Sale of Investments	-	1.06	0.31	0.35	0.57
Gain (Loss) on Sale of Assets	-	0.19	-0.04	0.37	-
Asset Writedown	-	-1.01	-0.05	-0.01	-0.01
Other Unusual Items	-	34.61	48.45	22.18	10.99
Pretax Income	217.29	227.3	291.71	46.25	40.59
Income Tax Expense	4.46	0.59	21.32	-7.9	-5.53
Net Income	212.83	226.71	270.39	54.15	46.11
Net Income to Common	212.83	226.71	270.39	54.15	46.11
Net Income Growth	-6.12%	-16.16%	399.33%	17.43%	-19.12%
Shares Outstanding (Basic)	453	453	451	417	419
Shares Outstanding (Diluted)	453	463	466	417	419
Shares Change (YoY)	-2.13%	-0.76%	11.92%	-0.64%	10.44%
EPS (Basic)	0.47	0.50	0.60	0.13	0.11
EPS (Diluted)	0.47	0.49	0.58	0.13	0.11
EPS Growth	-4.08%	-15.52%	346.15%	18.18%	-26.76%
Free Cash Flow	-	-1,292	-92.82	121.16	-99.16
Free Cash Flow Per Share	-	-2.79	-0.20	0.29	-0.24
Dividend Per Share	-	0.044	0.085	-	-
Dividend Growth	-	-48.23%	-	-	-
Gross Margin	8.22%	31.81%	37.82%	38.10%	42.86%
Operating Margin	8.22%	7.75%	12.82%	1.28%	4.84%
Profit Margin	8.09%	8.40%	16.10%	7.91%	10.78%
Free Cash Flow Margin	-	-47.85%	-5.53%	17.70%	-23.17%
EBITDA	251.33	244.08	228.98	18.47	27.47
EBITDA Margin	9.55%	9.04%	13.63%	2.70%	6.42%
D&A For EBITDA	34.85	34.85	13.63	9.72	6.74
EBIT	216.48	209.23	215.35	8.75	20.72
EBIT Margin	8.22%	7.75%	12.82%	1.28%	4.84%
Effective Tax Rate	2.05%	0.26%	7.31%	-	-
Revenue as Reported	-	-	-	684.51	-

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