SHA:688203 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	851.59	834.82	742.37	597.82	579.85
Other Revenue	-	10.37	10.95	7.61	5.16
Revenue	851.59	845.19	753.32	605.43	585.01
Revenue Growth (YoY)	0.76%	12.20%	24.43%	3.49%	122.72%
Cost of Revenue	834.42	742.9	654.69	524.55	497.26
Gross Profit	17.17	102.29	98.62	80.89	87.74
Selling, General & Admin	-	31.73	32.36	30.34	25.53
Research & Development	-	27.27	25.89	19.03	14.16
Other Operating Expenses	-	4.8	3.38	4.76	2.87
Operating Expenses	-	65.32	62.52	54.45	42.52
Operating Income	17.17	36.97	36.11	26.43	45.22
Interest Expense	-	-7.59	-7.48	-9.63	-10.76
Interest & Investment Income	-	12.28	20.18	10.65	3.64
Currency Exchange Gain (Loss)	-	2.12	1.78	7.93	-1.34
Other Non Operating Income (Expenses)	-0.36	-0.13	-0.12	-0.66	-0.06
EBT Excluding Unusual Items	16.8	43.64	50.45	34.72	36.71
Gain (Loss) on Sale of Investments	-	-0.06	-	-1.77	0.18
Gain (Loss) on Sale of Assets	-	-0.51	-0.97	5.12	-0.72
Other Unusual Items	-	4.12	3.81	14.51	2.17
Pretax Income	16.8	47.19	53.29	52.58	38.34
Income Tax Expense	7.59	11.68	9.76	5.55	3.1
Earnings From Continuing Operations	9.21	35.5	43.54	47.02	35.24
Minority Interest in Earnings	-	-	0.01	0.01	0.03
Net Income	9.21	35.5	43.55	47.04	35.27
Net Income to Common	9.21	35.5	43.55	47.04	35.27
Net Income Growth	-74.05%	-18.47%	-7.41%	33.34%	16.12%
Shares Outstanding (Basic)	184	203	207	168	153
Shares Outstanding (Diluted)	184	203	207	168	153
Shares Change (YoY)	-9.05%	-2.31%	23.45%	9.53%	66.61%
EPS (Basic)	0.05	0.18	0.21	0.28	0.23
EPS (Diluted)	0.05	0.18	0.21	0.28	0.23
EPS Growth	-71.47%	-16.55%	-25.00%	21.74%	-30.30%
Free Cash Flow	-	-254.34	-51.08	-89.13	-238.26
Free Cash Flow Per Share	-	-1.25	-0.25	-0.53	-1.55
Dividend Per Share	-	0.060	0.080	0.070	-
Dividend Growth	-	-24.94%	14.29%	-	-
Gross Margin	2.02%	12.10%	13.09%	13.36%	15.00%
Operating Margin	2.02%	4.37%	4.79%	4.37%	7.73%
Profit Margin	1.08%	4.20%	5.78%	7.77%	6.03%
Free Cash Flow Margin	-	-30.09%	-6.78%	-14.72%	-40.73%
EBITDA	81.79	101.59	89.71	68.3	81.62
EBITDA Margin	9.61%	12.02%	11.91%	11.28%	13.95%
D&A For EBITDA	64.62	64.62	53.6	41.87	36.4
EBIT	17.17	36.97	36.11	26.43	45.22
EBIT Margin	2.02%	4.37%	4.79%	4.37%	7.73%
Effective Tax Rate	45.17%	24.76%	18.31%	10.57%	8.08%
Revenue as Reported	-	845.19	753.32	605.43	585.01

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