SHA:688160 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	720	544.52	503.44	536.39	534.16
Other Revenue	3.66	2.95	3.04	2.92	3.17
Revenue	723.65	547.47	506.48	539.31	537.33
Revenue Growth (YoY)	32.18%	8.09%	-6.09%	0.37%	23.78%
Cost of Revenue	473	359.7	327.89	342.4	360.97
Gross Profit	250.65	187.76	178.59	196.91	176.36
Selling, General & Admin	101.09	82.73	74.04	61.9	59.98
Research & Development	83.83	73.08	57.65	46.53	47.07
Other Operating Expenses	-3.61	-5.3	-4.09	-5.32	-3.35
Operating Expenses	184.92	151.59	127.03	105.11	104.94
Operating Income	65.73	36.17	51.56	91.8	71.42
Interest Expense	-1.24	-1.83	-1.74	-0.82	-0.71
Interest & Investment Income	12.23	12.13	12.17	10.16	10.38
Currency Exchange Gain (Loss)	-0.53	0.97	-0.04	1.4	-1.38
Other Non Operating Income (Expenses)	-0.75	-0.62	-0.25	-0.09	-0.19
EBT Excluding Unusual Items	75.43	46.83	61.71	102.45	79.51
Gain (Loss) on Sale of Investments	-0.04	1.71	-	0.18	-
Gain (Loss) on Sale of Assets	-0.08	-0.43	-0	0.06	-0.05
Asset Writedown	-	-	-	-0.04	-
Other Unusual Items	3.91	1.87	2.47	-	3.06
Pretax Income	79.22	49.99	64.18	102.64	82.52
Income Tax Expense	6.74	1.09	3.27	11.86	7.74
Earnings From Continuing Operations	72.48	48.9	60.91	90.78	74.78
Minority Interest in Earnings	-0	-0.01	-0.22	0.27	-0.07
Net Income	72.48	48.89	60.68	91.06	74.71
Net Income to Common	72.48	48.89	60.68	91.06	74.71
Net Income Growth	48.25%	-19.43%	-33.36%	21.88%	12.90%
Shares Outstanding (Basic)	87	84	84	84	84
Shares Outstanding (Diluted)	87	84	84	84	84
Shares Change (YoY)	3.60%	0.02%	-0.03%	0.44%	29.39%
EPS (Basic)	0.83	0.58	0.72	1.08	0.89
EPS (Diluted)	0.83	0.58	0.72	1.08	0.89
EPS Growth	43.10%	-19.44%	-33.33%	21.35%	-12.75%
Free Cash Flow	0.47	15.22	59.75	80.71	-32.17
Free Cash Flow Per Share	0.01	0.18	0.71	0.96	-0.38
Dividend Per Share	0.300	0.300	0.300	0.400	0.300
Dividend Growth	-	-	-25.00%	33.33%	-50.00%
Gross Margin	34.64%	34.30%	35.26%	36.51%	32.82%
Operating Margin	9.08%	6.61%	10.18%	17.02%	13.29%
Profit Margin	10.02%	8.93%	11.98%	16.88%	13.90%
Free Cash Flow Margin	0.07%	2.78%	11.80%	14.97%	-5.99%
EBITDA	73.58	42.5	56.57	96.7	76.11
EBITDA Margin	10.17%	7.76%	11.17%	17.93%	14.16%
D&A For EBITDA	7.86	6.33	5	4.91	4.69
EBIT	65.73	36.17	51.56	91.8	71.42
EBIT Margin	9.08%	6.61%	10.18%	17.02%	13.29%
Effective Tax Rate	8.51%	2.18%	5.10%	11.55%	9.38%
Revenue as Reported	723.65	547.47	506.48	539.31	537.33
Advertising Expenses	2.82	2.68	2.07	0.73	1.71

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