SHA:688161 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	1,527	1,521	1,451	1,282	2,057	2,152
Other Revenue	1.92	1.92	2.21	1.33	0.93	1.58
Revenue	1,529	1,523	1,453	1,284	2,058	2,154
Revenue Growth (YoY)	9.60%	4.82%	13.18%	-37.63%	-4.44%	18.08%
Cost of Revenue	578.7	566.99	537.6	460.3	489.5	409.09
Gross Profit	950.24	955.8	915.12	823.24	1,568	1,744
Selling, General & Admin	551.75	547.75	573.21	621.81	786.46	827.36
Research & Development	108.73	112.3	119.9	130.2	117.66	121.23
Other Operating Expenses	13.35	14.58	13.73	14.21	28.89	31.26
Operating Expenses	686.02	682.26	698.56	760.93	948.03	983.99
Operating Income	264.22	273.54	216.56	62.31	620.45	760.46
Interest Expense	-1.07	-0.98	-1.04	-0.95	-0.61	-0.61
Interest & Investment Income	40.8	46.16	44.8	56.11	64.57	42.93
Currency Exchange Gain (Loss)	-4.47	-4.47	-1	-1.24	2.18	-0.51
Other Non Operating Income (Expenses)	-0.85	0.11	-1.18	10.58	6.02	-6.28
EBT Excluding Unusual Items	298.64	314.37	258.14	126.82	692.6	795.99
Impairment of Goodwill	-0.11	-0.11	-0.24	-0.17	-	-
Gain (Loss) on Sale of Investments	0.76	1.25	0.32	0.13	-	-
Gain (Loss) on Sale of Assets	0.07	0.05	6.35	-0.02	0.23	-0.11
Asset Writedown	0.06	-	-	-	-	-
Other Unusual Items	8.51	8.51	6.36	4.86	13.38	14.05
Pretax Income	307.91	324.07	270.94	131.62	706.21	809.93
Income Tax Expense	43.34	50.26	42.66	18.53	105.85	118.59
Earnings From Continuing Operations	264.57	273.8	228.29	113.09	600.36	691.33
Minority Interest in Earnings	-3.49	-5.16	-4.53	-0.78	0.35	-1.01
Net Income	261.08	268.64	223.75	112.32	600.7	690.32
Net Income to Common	261.08	268.64	223.75	112.32	600.7	690.32
Net Income Growth	8.50%	20.06%	99.22%	-81.30%	-12.98%	23.62%
Shares Outstanding (Basic)	396	395	400	401	400	379
Shares Outstanding (Diluted)	402	401	400	401	400	379
Shares Change (YoY)	-0.07%	0.35%	-0.39%	0.16%	5.58%	5.96%
EPS (Basic)	0.66	0.68	0.56	0.28	1.50	1.82
EPS (Diluted)	0.65	0.67	0.56	0.28	1.50	1.82
EPS Growth	8.58%	19.64%	100.00%	-81.33%	-17.58%	16.67%
Free Cash Flow	366.09	388.33	249.85	76.46	392.8	675.84
Free Cash Flow Per Share	0.91	0.97	0.63	0.19	0.98	1.78
Dividend Per Share	0.340	0.340	0.290	0.120	0.410	0.520
Dividend Growth	17.24%	17.24%	140.70%	-70.62%	-21.15%	-
Gross Margin	62.15%	62.77%	62.99%	64.14%	76.22%	81.00%
Operating Margin	17.28%	17.96%	14.91%	4.86%	30.15%	35.31%
Profit Margin	17.08%	17.64%	15.40%	8.75%	29.19%	32.05%
Free Cash Flow Margin	23.94%	25.50%	17.20%	5.96%	19.09%	31.38%
EBITDA	312.38	324.13	276.88	120.22	677.35	811.94
EBITDA Margin	20.43%	21.29%	19.06%	9.37%	32.91%	37.70%
D&A For EBITDA	48.16	50.59	60.33	57.91	56.91	51.48
EBIT	264.22	273.54	216.56	62.31	620.45	760.46
EBIT Margin	17.28%	17.96%	14.91%	4.86%	30.15%	35.31%
Effective Tax Rate	14.08%	15.51%	15.74%	14.08%	14.99%	14.64%
Revenue as Reported	1,529	1,523	1,453	-	2,058	2,154

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