SHA:688150 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	540.3	552.19	441.85	277.06	242.59	341.16
Other Revenue	-	-	29.91	23.61	37.71	-
Revenue	540.3	552.19	471.77	300.68	280.3	341.16
Revenue Growth (YoY)	7.50%	17.05%	56.90%	7.27%	-17.84%	24.23%
Cost of Revenue	149.74	149.04	166.86	132.53	112.29	132.33
Gross Profit	390.56	403.14	304.91	168.14	168.01	208.83
Selling, General & Admin	82.46	80.48	68.41	59.85	57.92	52.53
Research & Development	75.89	71.26	64.69	50.42	35.78	39.54
Other Operating Expenses	5.37	5.68	4.17	5.02	4.07	3.45
Operating Expenses	163.72	157.43	140.92	116.83	94.91	96.85
Operating Income	226.84	245.72	163.99	51.31	73.1	111.98
Interest Expense	-	-	-4.85	-3.91	-2.22	-1.85
Interest & Investment Income	3.28	3.86	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)	0.12	-0.58	-0.14	-0.11	-0.08	-0.15
EBT Excluding Unusual Items	230.23	249	170.34	60.5	83.54	110.54
Gain (Loss) on Sale of Investments	6.29	6.95	10.8	14.51	16.21	0.8
Gain (Loss) on Sale of Assets	-	0	-	0.07	-0.14	-0.04
Asset Writedown	-5.6	-5.98	-0.1	-0.39	-0.03	-
Other Unusual Items	-	-	7.72	7.88	18.35	13.16
Pretax Income	230.93	249.97	188.75	82.58	117.94	124.47
Income Tax Expense	27.02	30.85	21.43	5.53	12.46	16.53
Earnings From Continuing Operations	203.9	219.13	167.32	77.05	105.48	107.94
Minority Interest in Earnings	0.36	0.03	-	-	-	-
Net Income	204.26	219.16	167.32	77.05	105.48	107.94
Net Income to Common	204.26	219.16	167.32	77.05	105.48	107.94
Net Income Growth	10.60%	30.98%	117.17%	-26.95%	-2.28%	52.72%
Shares Outstanding (Basic)	402	398	398	406	391	360
Shares Outstanding (Diluted)	402	398	398	406	391	360
Shares Change (YoY)	0.14%	0.02%	-1.76%	3.80%	8.57%	1.81%
EPS (Basic)	0.51	0.55	0.42	0.19	0.27	0.30
EPS (Diluted)	0.51	0.55	0.42	0.19	0.27	0.30
EPS Growth	10.45%	30.95%	121.05%	-29.63%	-10.00%	50.00%
Free Cash Flow	44.47	90.23	167.32	-145.05	53.97	21.2
Free Cash Flow Per Share	0.11	0.23	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	72.29%	73.01%	64.63%	55.92%	59.94%	61.21%
Operating Margin	41.98%	44.50%	34.76%	17.07%	26.08%	32.82%
Profit Margin	37.80%	39.69%	35.47%	25.62%	37.63%	31.64%
Free Cash Flow Margin	8.23%	16.34%	35.47%	-48.24%	19.26%	6.21%
EBITDA	287.73	304.01	211.88	93.33	109.73	143.34
EBITDA Margin	53.25%	55.05%	44.91%	31.04%	39.15%	42.02%
D&A For EBITDA	60.89	58.29	47.88	42.01	36.63	31.36
EBIT	226.84	245.72	163.99	51.31	73.1	111.98
EBIT Margin	41.98%	44.50%	34.76%	17.07%	26.08%	32.82%
Effective Tax Rate	11.70%	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

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