SHA:688160 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	Jun '26 Jun 30, 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	855.88	720	544.52	503.44	536.39	534.16
Other Revenue	4.57	3.66	2.95	3.04	2.92	3.17
Revenue	860.45	723.65	547.47	506.48	539.31	537.33
Revenue Growth	42.93%	32.18%	8.09%	-6.09%	0.37%	23.78%
Cost of Revenue	573.13	473	359.7	327.89	342.4	360.97
Gross Profit	287.32	250.65	187.76	178.59	196.91	176.36
Selling, General & Admin	118.76	101.09	82.73	74.04	61.9	59.98
Research & Development	92.27	83.83	73.08	57.65	46.53	47.07
Other Operating Expenses	-3.07	-3.61	-5.3	-4.09	-5.32	-3.35
Operating Expenses	211.11	184.92	151.59	127.03	105.11	104.94
Operating Income	76.21	65.73	36.17	51.56	91.8	71.42
Interest Expense	-0.84	-1.24	-1.83	-1.74	-0.82	-0.71
Interest & Investment Income	14.5	12.23	12.13	12.17	10.16	10.38
Currency Exchange Gain (Loss)	-2.88	-0.53	0.97	-0.04	1.4	-1.38
Other Non Operating Income (Expenses)	-0.81	-0.75	-0.62	-0.25	-0.09	-0.19
EBT Excluding Unusual Items	86.19	75.43	46.83	61.71	102.45	79.51
Gain (Loss) on Sale of Investments	0.6	-0.04	1.71	-	0.18	-
Gain (Loss) on Sale of Assets	-0.21	-0.08	-0.43	-0	0.06	-0.05
Asset Writedown	-	-	-	-	-0.04	-
Other Unusual Items	4.55	3.91	1.87	2.47	-	3.06
Pretax Income	91.13	79.22	49.99	64.18	102.64	82.52
Income Tax Expense	8.42	6.74	1.09	3.27	11.86	7.74
Earnings From Continuing Operations	82.71	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	82.71	72.48	48.89	60.68	91.06	74.71
Net Income to Common	82.71	72.48	48.89	60.68	91.06	74.71
Net Income Growth	59.01%	48.25%	-19.43%	-33.36%	21.88%	12.90%
Shares Outstanding (Basic)	91	87	84	84	84	84
Shares Outstanding (Diluted)	91	87	84	84	84	84
Shares Change	8.10%	3.60%	0.02%	-0.03%	0.44%	29.39%
EPS (Basic)	0.91	0.83	0.58	0.72	1.08	0.89
EPS (Diluted)	0.91	0.83	0.58	0.72	1.08	0.89
EPS Growth	47.09%	43.10%	-19.44%	-33.33%	21.35%	-12.75%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-17.74	0.47	15.22	59.75	80.71	-32.17
Free Cash Flow Per Share	-0.20	0.01	0.18	0.71	0.96	-0.38
Dividend Per Share	0.300	0.300	0.300	0.300	0.400	0.300
Dividend Growth	0%	0%	0%	-25.00%	33.33%	-50.00%
Gross Margin	33.39%	34.64%	34.30%	35.26%	36.51%	32.82%
Operating Margin	8.86%	9.08%	6.61%	10.18%	17.02%	13.29%
Profit Margin	9.61%	10.02%	8.93%	11.98%	16.88%	13.90%
Free Cash Flow Margin	-2.06%	0.07%	2.78%	11.80%	14.97%	-5.99%
EBITDA	85.6	73.58	42.5	56.57	96.7	76.11
EBITDA Margin	9.95%	10.17%	7.76%	11.17%	17.93%	14.16%
D&A For EBITDA	9.39	7.86	6.33	5	4.91	4.69
EBIT	76.21	65.73	36.17	51.56	91.8	71.42
EBIT Margin	8.86%	9.08%	6.61%	10.18%	17.02%	13.29%
Effective Tax Rate	9.24%	8.51%	2.18%	5.10%	11.55%	9.38%
Revenue as Reported	860.45	723.65	547.47	506.48	539.31	537.33
Advertising Expenses	-	2.82	2.68	2.07	0.73	1.71