SHA:688239 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	2,034	1,687	2,010	1,421	943.15
Other Revenue	-	118.24	93.51	32.72	16.63
Revenue	2,034	1,805	2,104	1,454	959.78
Revenue Growth (YoY)	12.64%	-14.19%	44.69%	51.49%	43.11%
Cost of Revenue	-	1,348	1,588	1,029	675.38
Gross Profit	2,034	457.72	516.31	424.96	284.4
Selling, General & Admin	-	120.39	178.27	126.93	74.94
Research & Development	-	76.95	82.09	68.63	48.64
Other Operating Expenses	1,824	12.03	14.76	7.26	-5.67
Operating Expenses	1,824	235.14	289.15	217.63	121.41
Operating Income	209.6	222.58	227.16	207.33	162.99
Interest Expense	-	-32.96	-28.79	-22.88	-13.16
Interest & Investment Income	-	8.68	2.93	1.42	0.76
Currency Exchange Gain (Loss)	-	5.37	0.82	1.57	-1.95
Other Non Operating Income (Expenses)	-3.93	-0.64	-1.91	-0.9	-1.01
EBT Excluding Unusual Items	205.67	203.03	200.22	186.53	147.63
Gain (Loss) on Sale of Investments	-	-2.38	-10.6	-4.95	-5.82
Gain (Loss) on Sale of Assets	-	-0.64	0.33	-0.13	-0.54
Asset Writedown	-	-	-	-0.19	-5.11
Other Unusual Items	-	11.33	25.57	23	19.75
Pretax Income	205.67	211.34	215.52	204.27	155.91
Income Tax Expense	19.78	25.16	31.24	20.9	16.97
Earnings From Continuing Operations	185.89	186.17	184.28	183.37	138.94
Minority Interest in Earnings	-	2.44	1.31	-	-
Net Income	185.89	188.61	185.58	183.37	138.94
Net Income to Common	185.89	188.61	185.58	183.37	138.94
Net Income Growth	-1.44%	1.63%	1.21%	31.98%	91.13%
Shares Outstanding (Basic)	190	189	186	182	160
Shares Outstanding (Diluted)	190	192	187	182	160
Shares Change (YoY)	-0.98%	2.43%	2.78%	13.84%	16.72%
EPS (Basic)	0.98	1.00	1.00	1.01	0.87
EPS (Diluted)	0.98	0.98	0.99	1.01	0.87
EPS Growth	-0.47%	-0.78%	-1.53%	15.93%	63.75%
Free Cash Flow	-	-35.85	-78.03	-178.46	-433.22
Free Cash Flow Per Share	-	-0.19	-0.42	-0.98	-2.71
Dividend Per Share	-	0.169	0.377	-	0.154
Dividend Growth	-	-55.11%	-	-	-
Gross Margin	100.00%	25.35%	24.54%	29.23%	29.63%
Operating Margin	10.31%	12.33%	10.80%	14.26%	16.98%
Profit Margin	9.14%	10.45%	8.82%	12.61%	14.48%
Free Cash Flow Margin	-	-1.99%	-3.71%	-12.27%	-45.14%
EBITDA	276.63	289.6	286.51	242.45	184.44
EBITDA Margin	13.60%	16.04%	13.62%	16.67%	19.22%
D&A For EBITDA	67.02	67.02	59.34	35.12	21.45
EBIT	209.6	222.58	227.16	207.33	162.99
EBIT Margin	10.31%	12.33%	10.80%	14.26%	16.98%
Effective Tax Rate	9.62%	11.91%	14.50%	10.23%	10.89%
Revenue as Reported	-	1,805	2,104	1,454	959.78
Advertising Expenses	-	1.76	2.49	1.4	4.84

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