SHA:688181 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	908.27	853.59	722.63	789.53	933.04	885.08
Other Revenue	14.48	14.48	14.74	9.96	1.22	1.7
Revenue	922.75	868.06	737.37	799.49	934.27	886.78
Revenue Growth	18.72%	17.72%	-7.77%	-14.42%	5.35%	36.70%
Cost of Revenue	589.62	557.23	429.59	472.45	506.38	478.89
Gross Profit	333.13	310.84	307.78	327.05	427.89	407.89
Selling, General & Admin	135.74	128.92	128.35	131.92	148.5	139.15
Research & Development	90.43	95.79	88.03	78.25	68.39	52.44
Other Operating Expenses	10.4	12.29	9.36	7.54	9.89	8.56
Operating Expenses	239.54	239.97	226.15	216.27	225.91	201.27
Operating Income	93.59	70.86	81.63	110.77	201.98	206.63
Interest Expense	-12.47	-12.47	-4.03	-2.79	-1.23	-2.39
Interest & Investment Income	3.26	3.82	6.77	8.09	7.74	9.7
Currency Exchange Gain (Loss)	-1.85	-1.85	0.48	-0.14	1.78	-0.58
Other Non Operating Income (Expenses)	-4.82	-1.31	-0.73	-0.27	-0.08	-0.34
EBT Excluding Unusual Items	77.71	59.05	84.12	115.66	210.19	213.02
Gain (Loss) on Sale of Investments	47.37	47.42	18.8	10.83	23.54	24.79
Gain (Loss) on Sale of Assets	-5.24	-0.28	-0.88	-0.08	0.36	-0.41
Asset Writedown	0.25	-	-	-	-	-
Other Unusual Items	6.02	6.02	-1.5	5.33	13.35	8.42
Pretax Income	126.12	112.22	100.54	131.74	247.45	245.82
Income Tax Expense	36.27	35.58	26.53	25.31	43.55	39.11
Earnings From Continuing Operations	89.85	76.63	74	106.43	203.9	206.71
Minority Interest in Earnings	4.04	4.44	2.6	0.37	-	-
Net Income	93.89	81.07	76.6	106.8	203.9	206.71
Net Income to Common	93.89	81.07	76.6	106.8	203.9	206.71
Net Income Growth	62.56%	5.83%	-28.27%	-47.62%	-1.36%	21.25%
Shares Outstanding (Basic)	128	131	134	134	133	135
Shares Outstanding (Diluted)	128	131	134	134	133	135
Shares Change	-4.78%	-2.71%	0.67%	0.18%	-1.45%	0.29%
EPS (Basic)	0.73	0.62	0.57	0.80	1.53	1.53
EPS (Diluted)	0.73	0.62	0.57	0.80	1.53	1.53
EPS Growth	70.72%	8.77%	-28.75%	-47.71%	0.09%	20.91%

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	-184.62	-188.13	-118.38	-419.49	-197.98	-27.44
Free Cash Flow Per Share	-1.44	-1.44	-0.88	-3.14	-1.49	-0.20
Dividend Per Share	0.190	0.190	-	0.081	0.229	-
Dividend Growth	-	-	-	-64.57%	-40.52%	-
Gross Margin	36.10%	35.81%	41.74%	40.91%	45.80%	46.00%
Operating Margin	10.14%	8.16%	11.07%	13.86%	21.62%	23.30%
Profit Margin	10.17%	9.34%	10.39%	13.36%	21.82%	23.31%
Free Cash Flow Margin	-20.01%	-21.67%	-16.05%	-52.47%	-21.19%	-3.09%
EBITDA	207.71	160.4	129.73	151.59	247.59	242.93
EBITDA Margin	22.51%	18.48%	17.59%	18.96%	26.50%	27.39%
D&A For EBITDA	114.12	89.54	48.1	40.81	45.61	36.3
EBIT	93.59	70.86	81.63	110.77	201.98	206.63
EBIT Margin	10.14%	8.16%	11.07%	13.86%	21.62%	23.30%
Effective Tax Rate	28.75%	31.71%	26.39%	19.21%	17.60%	15.91%
Revenue as Reported	868.06	868.06	737.37	799.49	934.27	886.78
Advertising Expenses	-	-	-	-	0	0.39