SHA:688150 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	552.19	441.85	277.06	242.59	341.16
Other Revenue	-	29.91	23.61	37.71	-
Revenue	552.19	471.77	300.68	280.3	341.16
Revenue Growth (YoY)	17.05%	56.90%	7.27%	-17.84%	24.23%
Cost of Revenue	-	166.86	132.53	112.29	132.33
Gross Profit	552.19	304.91	168.14	168.01	208.83
Selling, General & Admin	-	68.41	59.85	57.92	52.53
Research & Development	-	64.69	50.42	35.78	39.54
Other Operating Expenses	300.77	4.17	5.02	4.07	3.45
Operating Expenses	300.77	140.92	116.83	94.91	96.85
Operating Income	251.41	163.99	51.31	73.1	111.98
Interest Expense	-	-4.85	-3.91	-2.22	-1.85
Interest & Investment Income	-	10.28	9.96	4.93	2.03
Currency Exchange Gain (Loss)	-	1.04	3.25	7.82	-1.46
Other Non Operating Income (Expenses)	-0.64	-0.14	-0.11	-0.08	-0.15
EBT Excluding Unusual Items	250.78	170.34	60.5	83.54	110.54
Gain (Loss) on Sale of Investments	-	10.8	14.51	16.21	0.8
Gain (Loss) on Sale of Assets	-	-	0.07	-0.14	-0.04
Asset Writedown	-	-0.1	-0.39	-0.03	-
Other Unusual Items	-	7.72	7.88	18.35	13.16
Pretax Income	250.78	188.75	82.58	117.94	124.47
Income Tax Expense	30.94	21.43	5.53	12.46	16.53
Earnings From Continuing Operations	219.84	167.32	77.05	105.48	107.94
Net Income	219.84	167.32	77.05	105.48	107.94
Net Income to Common	219.84	167.32	77.05	105.48	107.94
Net Income Growth	31.39%	117.17%	-26.95%	-2.28%	52.72%
Shares Outstanding (Basic)	400	398	406	391	360
Shares Outstanding (Diluted)	400	398	406	391	360
Shares Change (YoY)	0.33%	-1.76%	3.80%	8.57%	1.81%
EPS (Basic)	0.55	0.42	0.19	0.27	0.30
EPS (Diluted)	0.55	0.42	0.19	0.27	0.30
EPS Growth	30.95%	121.05%	-29.63%	-10.00%	50.00%
Free Cash Flow	-	167.32	-145.05	53.97	21.2
Free Cash Flow Per Share	-	0.42	-0.36	0.14	0.06
Dividend Per Share	-	0.250	0.060	0.100	0.100
Dividend Growth	-	316.67%	-40.00%	-	-
Gross Margin	100.00%	64.63%	55.92%	59.94%	61.21%
Operating Margin	45.53%	34.76%	17.07%	26.08%	32.82%
Profit Margin	39.81%	35.47%	25.62%	37.63%	31.64%
Free Cash Flow Margin	-	35.47%	-48.24%	19.26%	6.21%
EBITDA	299.3	211.88	93.33	109.73	143.34
EBITDA Margin	54.20%	44.91%	31.04%	39.15%	42.02%
D&A For EBITDA	47.88	47.88	42.01	36.63	31.36
EBIT	251.41	163.99	51.31	73.1	111.98
EBIT Margin	45.53%	34.76%	17.07%	26.08%	32.82%
Effective Tax Rate	12.34%	11.36%	6.70%	10.56%	13.28%
Revenue as Reported	-	471.77	300.68	280.3	341.16
Advertising Expenses	-	0.44	0.1	0.08	0.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.