SHA:688209 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	1,772	1,602	1,402	1,201	864.31	771.23
Other Revenue	7.11	7.11	28.26	14.34	2.95	9.49
Revenue	1,779	1,609	1,431	1,216	867.26	780.72
Revenue Growth	12.95%	12.49%	17.66%	40.19%	11.09%	100.56%
Cost of Revenue	1,148	1,074	974.74	839.73	526.51	432.41
Gross Profit	631.17	534.76	455.78	376.04	340.75	348.31
Selling, General & Admin	99.52	96.37	92.17	97.36	71.48	59.28
Research & Development	332.51	317.59	302.61	306.17	167.01	97.71
Other Operating Expenses	-36.98	-35.6	-31.01	-22.14	-24.4	-24.35
Operating Expenses	394.95	381.51	365.27	383.69	215.8	131.52
Operating Income	236.22	153.25	90.51	-7.65	124.95	216.8
Interest Expense	-1.95	-1.23	-0.65	-0.57	-0.39	-0.37
Interest & Investment Income	19.71	21.94	24.42	37.13	30.58	9.47
Currency Exchange Gain (Loss)	-1.11	-1.11	-3.82	-0.32	-1.21	0.13
Other Non Operating Income (Expenses)	-2.09	0	-0.41	0.03	-0.38	-0.27
EBT Excluding Unusual Items	250.77	172.85	110.04	28.62	153.56	225.76
Gain (Loss) on Sale of Investments	-15.37	-17.47	-7.96	-11.27	-0.61	0.04
Gain (Loss) on Sale of Assets	0.02	-0	0.47	0.12	-0	-
Asset Writedown	12.06	-	-	-	-	-
Other Unusual Items	14.33	14.33	12.26	15.09	10.95	-47.7
Pretax Income	261.82	169.71	114.81	32.56	163.89	178.1
Income Tax Expense	-1.34	-6.23	-7.22	3.33	9.57	20.8
Earnings From Continuing Operations	263.16	175.93	122.03	29.23	154.32	157.3
Minority Interest in Earnings	2.24	2.04	2.22	0.14	0.59	0.97
Net Income	265.4	177.97	124.25	29.37	154.91	158.27
Net Income to Common	265.4	177.97	124.25	29.37	154.91	158.27
Net Income Growth	77.33%	43.24%	323.00%	-81.04%	-2.12%	154.95%
Shares Outstanding (Basic)	438	434	428	420	408	377
Shares Outstanding (Diluted)	438	434	428	420	408	377
Shares Change	2.32%	1.31%	2.10%	2.93%	8.18%	9.26%
EPS (Basic)	0.61	0.41	0.29	0.07	0.38	0.42
EPS (Diluted)	0.61	0.41	0.29	0.07	0.38	0.42
EPS Growth	73.31%	41.38%	314.29%	-81.58%	-9.52%	133.33%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	-127.5	-41.64	164.11	0.73	-101.7	162.4
Free Cash Flow Per Share	-0.29	-0.10	0.38	0.00	-0.25	0.43
Dividend Per Share	0.062	0.062	0.090	0.028	0.250	-
Dividend Growth	-31.11%	-31.11%	221.43%	-88.80%	-	-
Gross Margin	35.47%	33.23%	31.86%	30.93%	39.29%	44.61%
Operating Margin	13.28%	9.52%	6.33%	-0.63%	14.41%	27.77%
Profit Margin	14.92%	11.06%	8.69%	2.42%	17.86%	20.27%
Free Cash Flow Margin	-7.17%	-2.59%	11.47%	0.06%	-11.73%	20.80%
EBITDA	256.54	178.18	121.59	16.23	138.91	222.25
EBITDA Margin	14.42%	11.07%	8.50%	1.33%	16.02%	28.47%
D&A For EBITDA	20.32	24.93	31.08	23.87	13.95	5.45
EBIT	236.22	153.25	90.51	-7.65	124.95	216.8
EBIT Margin	13.28%	9.52%	6.33%	-0.63%	14.41%	27.77%
Effective Tax Rate	-	-	-	10.23%	5.84%	11.68%
Revenue as Reported	1,779	1,609	1,431	1,216	867.26	780.72
Advertising Expenses	-	0.93	0.97	0.64	0.33	0.47