SHA:688237 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	388.82	394.53	265.45	133.69	140.37
Other Revenue	-	9.05	4.71	6.02	0.94
Revenue	388.82	403.58	270.16	139.7	141.31
Revenue Growth (YoY)	-3.66%	49.38%	93.38%	-1.13%	15.36%
Cost of Revenue	-	302.31	184.91	65.45	46.91
Gross Profit	388.82	101.27	85.25	74.25	94.39
Selling, General & Admin	-	53.5	44.8	22.48	16.81
Research & Development	-	29.7	28.38	15.33	12.89
Other Operating Expenses	374.05	0.55	0.57	0.73	0.23
Operating Expenses	374.05	90.05	78.33	39.56	31.37
Operating Income	14.77	11.21	6.93	34.69	63.03
Interest Expense	-	-1.18	-0.16	-	-
Interest & Investment Income	-	11.32	15.48	10.21	7.18
Currency Exchange Gain (Loss)	-	-0.09	0.07	0.03	-0
Other Non Operating Income (Expenses)	-0.56	-0.87	-1.17	-0.9	-0.27
EBT Excluding Unusual Items	14.21	20.4	21.14	44.03	69.94
Impairment of Goodwill	-	-2.62	-	-	-
Gain (Loss) on Sale of Investments	-	0.77	5.92	1.48	-0.02
Gain (Loss) on Sale of Assets	-	0.08	-0.92	0.03	0.08
Asset Writedown	-	-0.03	-1.63	-	-
Other Unusual Items	-	1.49	-58.17	19.51	11.38
Pretax Income	14.21	20.08	-33.66	65.05	81.37
Income Tax Expense	1.55	7.09	1.35	6.36	10.64
Net Income	12.66	12.99	-35	58.69	70.73
Net Income to Common	12.66	12.99	-35	58.69	70.73
Net Income Growth	-2.48%	-	-	-17.03%	10.16%
Shares Outstanding (Basic)	90	87	90	78	67
Shares Outstanding (Diluted)	90	87	90	78	67
Shares Change (YoY)	4.49%	-3.54%	14.70%	16.16%	15.41%
EPS (Basic)	0.14	0.15	-0.39	0.75	1.05
EPS (Diluted)	0.14	0.15	-0.39	0.75	1.05
EPS Growth	-6.67%	-	-	-28.57%	-4.54%
Free Cash Flow	-	-106.29	-197.43	-173.53	-62.66
Free Cash Flow Per Share	-	-1.23	-2.20	-2.22	-0.93
Dividend Per Share	-	0.340	0.340	-	-
Gross Margin	100.00%	25.09%	31.56%	53.15%	66.80%
Operating Margin	3.80%	2.78%	2.56%	24.83%	44.60%
Profit Margin	3.26%	3.22%	-12.96%	42.01%	50.06%
Free Cash Flow Margin	-	-26.34%	-73.08%	-124.21%	-44.34%
EBITDA	37.24	33.69	21.75	44.6	68.55
EBITDA Margin	9.58%	8.35%	8.05%	31.92%	48.52%
D&A For EBITDA	22.47	22.47	14.82	9.91	5.53
EBIT	14.77	11.21	6.93	34.69	63.03
EBIT Margin	3.80%	2.78%	2.56%	24.83%	44.60%
Effective Tax Rate	10.91%	35.32%	-	9.78%	13.08%
Revenue as Reported	-	403.58	270.16	139.7	141.31
Advertising Expenses	-	0.54	0.1	0.92	-

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