SHA:688200 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	1,346	901.19	687.54	1,068	876.79
Other Revenue	-	4.16	3.32	2.35	1.48
Revenue	1,346	905.35	690.86	1,071	878.27
Revenue Growth (YoY)	48.72%	31.05%	-35.47%	21.89%	120.96%
Cost of Revenue	-	242.53	199.68	247.54	174.02
Gross Profit	1,346	662.82	491.18	823.02	704.25
Selling, General & Admin	-	186.39	159.6	159.3	132.93
Research & Development	-	172.37	131.98	117.81	93.24
Other Operating Expenses	762.85	-22.1	-14.17	-6.48	-5.15
Operating Expenses	762.85	345.75	276.64	294.94	220.37
Operating Income	583.57	317.07	214.54	528.08	483.88
Interest Expense	-	-0.4	-0.21	-0.24	-0.14
Interest & Investment Income	-	46.98	48.2	36.26	28.92
Currency Exchange Gain (Loss)	-	4.75	5.32	16.01	-2.26
Other Non Operating Income (Expenses)	0.24	-0.25	-0.2	-0.12	-0.06
EBT Excluding Unusual Items	583.81	368.15	267.64	580	510.34
Gain (Loss) on Sale of Investments	-	-12.32	-3.04	8.3	-7.44
Gain (Loss) on Sale of Assets	-	0.02	0.01	-0.01	-0.07
Other Unusual Items	-	5.38	0.99	10.33	5.35
Pretax Income	583.81	361.22	265.59	598.62	508.18
Income Tax Expense	45.48	27.31	13.94	72.33	69.41
Net Income	538.33	333.91	251.65	526.29	438.77
Net Income to Common	538.33	333.91	251.65	526.29	438.77
Net Income Growth	61.22%	32.69%	-52.18%	19.95%	120.28%
Shares Outstanding (Basic)	135	135	135	135	134
Shares Outstanding (Diluted)	135	135	135	135	134
Shares Change (YoY)	0.05%	-0.08%	0.26%	0.58%	4.55%
EPS (Basic)	3.98	2.47	1.86	3.91	3.27
EPS (Diluted)	3.98	2.47	1.86	3.90	3.27
EPS Growth	61.13%	32.80%	-52.31%	19.25%	110.69%
Free Cash Flow	-	157.28	296.01	365.92	9.34
Free Cash Flow Per Share	-	1.16	2.19	2.71	0.07
Dividend Per Share	-	0.980	0.560	0.946	0.982
Dividend Growth	-	75.00%	-40.80%	-3.64%	117.17%
Gross Margin	100.00%	73.21%	71.10%	76.88%	80.19%
Operating Margin	43.34%	35.02%	31.05%	49.33%	55.10%
Profit Margin	39.98%	36.88%	36.43%	49.16%	49.96%
Free Cash Flow Margin	-	17.37%	42.85%	34.18%	1.06%
EBITDA	606.08	339.58	236.58	546.38	490.1
EBITDA Margin	45.01%	37.51%	34.24%	51.04%	55.80%
D&A For EBITDA	22.51	22.51	22.05	18.3	6.22
EBIT	583.57	317.07	214.54	528.08	483.88
EBIT Margin	43.34%	35.02%	31.05%	49.33%	55.10%
Effective Tax Rate	7.79%	7.56%	5.25%	12.08%	13.66%
Revenue as Reported	-	905.35	690.86	1,071	878.27

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