SHA:688205 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	933.79	827.37	805.06	710.26	728.36
Other Revenue	-	13.94	13.44	3.92	2.73
Revenue	933.79	841.3	818.51	714.18	731.1
Revenue Growth (YoY)	10.99%	2.79%	14.61%	-2.31%	9.99%
Cost of Revenue	861.29	598.26	613.28	505.04	494.43
Gross Profit	72.5	243.05	205.23	209.14	236.67
Selling, General & Admin	-	74.97	64.36	56.6	57.94
Research & Development	-	103.53	82.69	61.93	57.35
Other Operating Expenses	-	-16.09	-2.98	-2.76	-4.02
Operating Expenses	-	164.32	152.48	119.84	114.43
Operating Income	72.5	78.72	52.75	89.29	122.24
Interest Expense	-	-0.74	-0.65	-0.82	-1.03
Interest & Investment Income	-	28.55	35.04	9.35	0.15
Earnings From Equity Investments	-	-	-	-	-0.27
Currency Exchange Gain (Loss)	-	-4.58	0.68	3.99	1.64
Other Non Operating Income (Expenses)	-0.04	-0.57	8.6	-0.47	-1.22
EBT Excluding Unusual Items	72.46	101.38	96.41	101.35	121.5
Gain (Loss) on Sale of Investments	-	0.83	0.49	4.1	-
Gain (Loss) on Sale of Assets	-	-0.33	-0.02	-0.11	-0.02
Other Unusual Items	-	5.34	11.63	8.2	26.55
Pretax Income	72.46	107.21	108.51	113.54	148.02
Income Tax Expense	-0.71	6.76	16.41	11.88	21.58
Net Income	73.17	100.46	92.1	101.66	126.44
Net Income to Common	73.17	100.46	92.1	101.66	126.44
Net Income Growth	-27.16%	9.07%	-9.40%	-19.60%	-11.16%
Shares Outstanding (Basic)	159	157	154	127	114
Shares Outstanding (Diluted)	159	159	154	127	114
Shares Change (YoY)	-0.12%	3.74%	21.00%	11.27%	10.40%
EPS (Basic)	0.46	0.64	0.60	0.80	1.11
EPS (Diluted)	0.46	0.63	0.60	0.80	1.11
EPS Growth	-27.08%	5.13%	-25.12%	-27.75%	-19.53%
Free Cash Flow	-	59.42	-63.71	93.43	-51.67
Free Cash Flow Per Share	-	0.37	-0.41	0.74	-0.45
Dividend Per Share	0.300	0.385	0.321	0.205	-
Dividend Growth	-22.00%	20.00%	56.27%	-	-
Gross Margin	7.76%	28.89%	25.07%	29.28%	32.37%
Operating Margin	7.76%	9.36%	6.44%	12.50%	16.72%
Profit Margin	7.84%	11.94%	11.25%	14.23%	17.29%
Free Cash Flow Margin	-	7.06%	-7.78%	13.08%	-7.07%
EBITDA	103.46	109.68	75.51	108.14	139.48
EBITDA Margin	11.08%	13.04%	9.23%	15.14%	19.08%
D&A For EBITDA	30.96	30.96	22.76	18.84	17.24
EBIT	72.5	78.72	52.75	89.29	122.24
EBIT Margin	7.76%	9.36%	6.44%	12.50%	16.72%
Effective Tax Rate	-	6.30%	15.12%	10.47%	14.58%
Revenue as Reported	-	841.3	818.51	714.18	731.1
Advertising Expenses	-	2.08	1.19	0.42	0.34

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