SHA:688198 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	630.37	500.26	369.91	295.07	251.8
Other Revenue	-	1.61	0.73	0.1	0.02
Revenue	630.37	501.88	370.64	295.17	251.82
Revenue Growth (YoY)	25.60%	35.41%	25.57%	17.21%	38.42%
Cost of Revenue	-	58.52	37.64	31.36	29.61
Gross Profit	630.37	443.35	333	263.81	222.21
Selling, General & Admin	-	154.92	131.97	123.77	131.16
Research & Development	-	151.44	98.81	55.15	58.9
Other Operating Expenses	407	3.46	1.25	1.62	1.17
Operating Expenses	407	312.22	233.5	181.64	192.04
Operating Income	223.37	131.14	99.5	82.17	30.17
Interest Expense	-	-0.46	-0.41	-0.08	-0.12
Interest & Investment Income	-	17.32	17.66	22.53	16.49
Currency Exchange Gain (Loss)	-	0.05	-0.26	0	-
Other Non Operating Income (Expenses)	-5.86	-0.16	-0.06	-0.68	-0.05
EBT Excluding Unusual Items	217.51	147.89	116.43	103.94	46.5
Gain (Loss) on Sale of Investments	-	0.74	1	0.89	0.97
Gain (Loss) on Sale of Assets	-	-0.05	0.05	-0.01	-0.02
Other Unusual Items	-	2.2	2.54	1.32	2.31
Pretax Income	217.51	150.79	120.02	106.14	49.76
Income Tax Expense	17.32	18.64	10.61	11.74	-1.51
Earnings From Continuing Operations	200.19	132.14	109.41	94.39	51.26
Minority Interest in Earnings	-	14.19	5.8	0.73	-0.06
Net Income	200.19	146.33	115.21	95.13	51.2
Net Income to Common	200.19	146.33	115.21	95.13	51.2
Net Income Growth	36.81%	27.02%	21.11%	85.80%	-9.42%
Shares Outstanding (Basic)	137	137	136	136	135
Shares Outstanding (Diluted)	137	137	137	136	135
Shares Change (YoY)	0.26%	-0.29%	0.92%	0.86%	0.44%
EPS (Basic)	1.46	1.07	0.85	0.70	0.38
EPS (Diluted)	1.46	1.07	0.84	0.70	0.38
EPS Growth	36.45%	27.38%	20.00%	84.21%	-9.82%
Free Cash Flow	-	-27.02	12.53	24.01	4.27
Free Cash Flow Per Share	-	-0.20	0.09	0.18	0.03
Dividend Per Share	-	0.800	0.800	0.500	0.357
Dividend Growth	-	-	60.00%	40.02%	149.90%
Gross Margin	100.00%	88.34%	89.84%	89.38%	88.24%
Operating Margin	35.43%	26.13%	26.85%	27.84%	11.98%
Profit Margin	31.76%	29.16%	31.08%	32.23%	20.33%
Free Cash Flow Margin	-	-5.38%	3.38%	8.14%	1.70%
EBITDA	242.68	150.45	110.7	87.78	36.19
EBITDA Margin	38.50%	29.98%	29.87%	29.74%	14.37%
D&A For EBITDA	19.31	19.31	11.19	5.61	6.02
EBIT	223.37	131.14	99.5	82.17	30.17
EBIT Margin	35.43%	26.13%	26.85%	27.84%	11.98%
Effective Tax Rate	7.96%	12.36%	8.84%	11.06%	-
Revenue as Reported	-	501.88	370.64	295.17	251.82
Advertising Expenses	-	2.01	0.37	1.12	1.22

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