SHA:688209 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	1,612	1,402	1,201	864.31	771.23
Other Revenue	-	28.26	14.34	2.95	9.49
Revenue	1,612	1,431	1,216	867.26	780.72
Revenue Growth (YoY)	12.65%	17.66%	40.19%	11.09%	100.56%
Cost of Revenue	-	974.74	839.73	526.51	432.41
Gross Profit	1,612	455.78	376.04	340.75	348.31
Selling, General & Admin	-	92.17	97.36	71.48	59.28
Research & Development	-	302.61	306.17	167.01	97.71
Other Operating Expenses	1,443	-31.01	-22.14	-24.4	-24.35
Operating Expenses	1,443	365.27	383.69	215.8	131.52
Operating Income	168.47	90.51	-7.65	124.95	216.8
Interest Expense	-	-0.65	-0.57	-0.39	-0.37
Interest & Investment Income	-	24.42	37.13	30.58	9.47
Currency Exchange Gain (Loss)	-	-3.82	-0.32	-1.21	0.13
Other Non Operating Income (Expenses)	0.09	-0.41	0.03	-0.38	-0.27
EBT Excluding Unusual Items	168.56	110.04	28.62	153.56	225.76
Gain (Loss) on Sale of Investments	-	-7.96	-11.27	-0.61	0.04
Gain (Loss) on Sale of Assets	-	0.47	0.12	-0	-
Other Unusual Items	-	12.26	15.09	10.95	-47.7
Pretax Income	168.56	114.81	32.56	163.89	178.1
Income Tax Expense	-8.88	-7.22	3.33	9.57	20.8
Earnings From Continuing Operations	177.44	122.03	29.23	154.32	157.3
Minority Interest in Earnings	-	2.22	0.14	0.59	0.97
Net Income	177.44	124.25	29.37	154.91	158.27
Net Income to Common	177.44	124.25	29.37	154.91	158.27
Net Income Growth	42.81%	323.00%	-81.04%	-2.12%	154.95%
Shares Outstanding (Basic)	433	428	420	408	377
Shares Outstanding (Diluted)	433	428	420	408	377
Shares Change (YoY)	1.01%	2.10%	2.93%	8.18%	9.26%
EPS (Basic)	0.41	0.29	0.07	0.38	0.42
EPS (Diluted)	0.41	0.29	0.07	0.38	0.42
EPS Growth	41.38%	314.29%	-81.58%	-9.52%	133.33%
Free Cash Flow	-	164.11	0.73	-101.7	162.4
Free Cash Flow Per Share	-	0.38	0.00	-0.25	0.43
Dividend Per Share	-	0.090	0.028	0.250	-
Dividend Growth	-	221.43%	-88.80%	-	-
Gross Margin	100.00%	31.86%	30.93%	39.29%	44.61%
Operating Margin	10.45%	6.33%	-0.63%	14.41%	27.77%
Profit Margin	11.01%	8.69%	2.42%	17.86%	20.27%
Free Cash Flow Margin	-	11.47%	0.06%	-11.73%	20.80%
EBITDA	191.46	113.49	16.23	138.91	222.25
EBITDA Margin	11.88%	7.93%	1.33%	16.02%	28.47%
D&A For EBITDA	22.99	22.99	23.87	13.95	5.45
EBIT	168.47	90.51	-7.65	124.95	216.8
EBIT Margin	10.45%	6.33%	-0.63%	14.41%	27.77%
Effective Tax Rate	-	-	10.23%	5.84%	11.68%
Revenue as Reported	-	1,431	1,216	867.26	780.72
Advertising Expenses	-	0.97	0.64	0.33	0.47

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