SHA:688181 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	871.07	722.63	789.53	933.04	885.08
Other Revenue	-	14.74	9.96	1.22	1.7
Revenue	871.07	737.37	799.49	934.27	886.78
Revenue Growth (YoY)	18.13%	-7.77%	-14.42%	5.35%	36.70%
Cost of Revenue	-	429.59	472.45	506.38	478.89
Gross Profit	871.07	307.78	327.05	427.89	407.89
Selling, General & Admin	-	128.35	131.92	148.5	139.15
Research & Development	-	88.03	78.25	68.39	52.44
Other Operating Expenses	760.92	9.36	7.54	9.89	8.56
Operating Expenses	760.92	226.15	216.27	225.91	201.27
Operating Income	110.15	81.63	110.77	201.98	206.63
Interest Expense	-	-4.03	-2.79	-1.23	-2.39
Interest & Investment Income	-	6.77	8.09	7.74	9.7
Currency Exchange Gain (Loss)	-	0.48	-0.14	1.78	-0.58
Other Non Operating Income (Expenses)	-2.06	-0.73	-0.27	-0.08	-0.34
EBT Excluding Unusual Items	108.1	84.12	115.66	210.19	213.02
Gain (Loss) on Sale of Investments	-	18.8	10.83	23.54	24.79
Gain (Loss) on Sale of Assets	-	-0.88	-0.08	0.36	-0.41
Other Unusual Items	-	-1.5	5.33	13.35	8.42
Pretax Income	108.1	100.54	131.74	247.45	245.82
Income Tax Expense	29.78	26.53	25.31	43.55	39.11
Earnings From Continuing Operations	78.32	74	106.43	203.9	206.71
Minority Interest in Earnings	-	2.6	0.37	-	-
Net Income	78.32	76.6	106.8	203.9	206.71
Net Income to Common	78.32	76.6	106.8	203.9	206.71
Net Income Growth	2.24%	-28.27%	-47.62%	-1.36%	21.25%
Shares Outstanding (Basic)	131	134	134	133	135
Shares Outstanding (Diluted)	131	134	134	133	135
Shares Change (YoY)	-2.87%	0.67%	0.18%	-1.45%	0.29%
EPS (Basic)	0.60	0.57	0.80	1.53	1.53
EPS (Diluted)	0.60	0.57	0.80	1.53	1.53
EPS Growth	5.26%	-28.75%	-47.71%	0.09%	20.91%
Free Cash Flow	-	-118.38	-419.49	-197.98	-27.44
Free Cash Flow Per Share	-	-0.88	-3.14	-1.49	-0.20
Dividend Per Share	-	-	0.081	0.229	-
Dividend Growth	-	-	-64.57%	-	-
Gross Margin	100.00%	41.74%	40.91%	45.80%	46.00%
Operating Margin	12.65%	11.07%	13.86%	21.62%	23.30%
Profit Margin	8.99%	10.39%	13.36%	21.82%	23.31%
Free Cash Flow Margin	-	-16.05%	-52.47%	-21.19%	-3.09%
EBITDA	157.4	128.87	151.59	247.59	242.93
EBITDA Margin	18.07%	17.48%	18.96%	26.50%	27.39%
D&A For EBITDA	47.24	47.24	40.81	45.61	36.3
EBIT	110.15	81.63	110.77	201.98	206.63
EBIT Margin	12.65%	11.07%	13.86%	21.62%	23.30%
Effective Tax Rate	27.55%	26.39%	19.21%	17.60%	15.91%
Revenue as Reported	-	737.37	799.49	934.27	886.78
Advertising Expenses	-	-	-	0	0.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.