SHA:688161 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	1,521	1,451	1,282	2,057	2,152
Other Revenue	1.92	2.21	1.33	0.93	1.58
Revenue	1,523	1,453	1,284	2,058	2,154
Revenue Growth (YoY)	4.82%	13.18%	-37.63%	-4.44%	18.08%
Cost of Revenue	566.99	537.6	460.3	489.5	409.09
Gross Profit	955.8	915.12	823.24	1,568	1,744
Selling, General & Admin	547.75	573.21	621.81	786.46	827.36
Research & Development	112.3	119.9	130.2	117.66	121.23
Other Operating Expenses	14.58	13.73	14.21	28.89	31.26
Operating Expenses	682.26	698.56	760.93	948.03	983.99
Operating Income	273.54	216.56	62.31	620.45	760.46
Interest Expense	-0.98	-1.04	-0.95	-0.61	-0.61
Interest & Investment Income	46.16	44.8	56.11	64.57	42.93
Currency Exchange Gain (Loss)	-4.47	-1	-1.24	2.18	-0.51
Other Non Operating Income (Expenses)	0.11	-1.18	10.58	6.02	-6.28
EBT Excluding Unusual Items	314.37	258.14	126.82	692.6	795.99
Impairment of Goodwill	-0.11	-0.24	-0.17	-	-
Gain (Loss) on Sale of Investments	1.25	0.32	0.13	-	-
Gain (Loss) on Sale of Assets	0.05	6.35	-0.02	0.23	-0.11
Other Unusual Items	8.51	6.36	4.86	13.38	14.05
Pretax Income	324.07	270.94	131.62	706.21	809.93
Income Tax Expense	50.26	42.66	18.53	105.85	118.59
Earnings From Continuing Operations	273.8	228.29	113.09	600.36	691.33
Minority Interest in Earnings	-5.16	-4.53	-0.78	0.35	-1.01
Net Income	268.64	223.75	112.32	600.7	690.32
Net Income to Common	268.64	223.75	112.32	600.7	690.32
Net Income Growth	20.06%	99.22%	-81.30%	-12.98%	23.62%
Shares Outstanding (Basic)	395	400	401	400	379
Shares Outstanding (Diluted)	401	400	401	400	379
Shares Change (YoY)	0.35%	-0.39%	0.16%	5.58%	5.96%
EPS (Basic)	0.68	0.56	0.28	1.50	1.82
EPS (Diluted)	0.67	0.56	0.28	1.50	1.82
EPS Growth	19.64%	100.00%	-81.33%	-17.58%	16.67%
Free Cash Flow	388.33	249.85	76.46	392.8	675.84
Free Cash Flow Per Share	0.97	0.63	0.19	0.98	1.78
Dividend Per Share	0.340	0.290	0.120	0.410	0.520
Dividend Growth	17.24%	140.70%	-70.62%	-21.15%	-
Gross Margin	62.77%	62.99%	64.14%	76.22%	81.00%
Operating Margin	17.96%	14.91%	4.86%	30.15%	35.31%
Profit Margin	17.64%	15.40%	8.75%	29.19%	32.05%
Free Cash Flow Margin	25.50%	17.20%	5.96%	19.09%	31.38%
EBITDA	324.13	276.88	120.22	677.35	811.94
EBITDA Margin	21.29%	19.06%	9.37%	32.91%	37.70%
D&A For EBITDA	50.59	60.33	57.91	56.91	51.48
EBIT	273.54	216.56	62.31	620.45	760.46
EBIT Margin	17.96%	14.91%	4.86%	30.15%	35.31%
Effective Tax Rate	15.51%	15.74%	14.08%	14.99%	14.64%
Revenue as Reported	1,523	1,453	-	2,058	2,154

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