SHA:688248 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	Jun '26 Jun 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	3,554	3,683	3,011	2,529	1,774	1,318
Other Revenue	1.39	1.39	2.54	8.65	16.04	67.22
Revenue	3,556	3,685	3,014	2,537	1,790	1,385
Revenue Growth	24.18%	22.27%	18.77%	41.77%	29.20%	24.29%
Cost of Revenue	2,485	2,598	2,084	1,818	1,259	976.69
Gross Profit	1,070	1,086	929.35	719.77	530.77	408.51
Selling, General & Admin	368.11	354.6	321.89	264.17	206.53	168.37
Research & Development	286.87	278.8	222.73	162.59	121.26	93.95
Other Operating Expenses	19.37	16.14	12.38	9.84	8.23	5.73
Operating Expenses	689.1	664.29	566.22	453.54	349.27	278.47
Operating Income	381.3	422.13	363.14	266.23	181.5	130.04
Interest Expense	-3.15	-3.15	-3.26	-2.65	-1.18	-1.07
Interest & Investment Income	45.89	41.74	43.11	39.21	36.31	22.78
Currency Exchange Gain (Loss)	-0	-0	-	0.05	0.05	-0.25
Other Non Operating Income (Expenses)	5.54	-0.77	-4.35	-0.96	-0.71	-0.29
EBT Excluding Unusual Items	429.59	459.96	398.64	301.88	215.98	151.21
Gain (Loss) on Sale of Investments	1.68	0.55	0.57	-	-0.08	-
Gain (Loss) on Sale of Assets	-1.38	-1.31	-1.03	-1.03	-	-
Asset Writedown	3.23	-	-	-	-	-
Other Unusual Items	9.78	9.78	12.17	13.13	5.03	6.38
Pretax Income	442.89	468.97	410.35	313.98	220.93	157.59
Income Tax Expense	31.08	40.71	39.81	30.16	15.19	14.56
Earnings From Continuing Operations	411.81	428.26	370.54	283.83	205.74	143.04
Minority Interest in Earnings	-9.33	-7.42	-5.5	-2.56	-	-
Net Income	402.48	420.84	365.05	281.27	205.74	143.04
Net Income to Common	402.48	420.84	365.05	281.27	205.74	143.04
Net Income Growth	13.33%	15.28%	29.79%	36.71%	43.84%	64.25%
Shares Outstanding (Basic)	558	561	562	563	572	477
Shares Outstanding (Diluted)	558	561	562	563	572	477
Shares Change	-0.91%	-0.09%	-0.16%	-1.57%	19.86%	42.35%
EPS (Basic)	0.72	0.75	0.65	0.50	0.36	0.30
EPS (Diluted)	0.72	0.75	0.65	0.50	0.36	0.30
EPS Growth	14.38%	15.38%	30.00%	38.89%	20.00%	15.38%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	467.99	354.76	187.72	398.33	219.29	-42.47
Free Cash Flow Per Share	0.84	0.63	0.33	0.71	0.38	-0.09
Dividend Per Share	0.212	0.212	0.270	0.175	0.125	0.085
Dividend Growth	57.04%	-21.48%	54.29%	40.00%	47.06%	-
Gross Margin	30.10%	29.48%	30.84%	28.37%	29.66%	29.49%
Operating Margin	10.72%	11.46%	12.05%	10.49%	10.14%	9.39%
Profit Margin	11.32%	11.42%	12.11%	11.09%	11.50%	10.33%
Free Cash Flow Margin	13.16%	9.63%	6.23%	15.70%	12.25%	-3.07%
EBITDA	461.34	498.05	434.52	318.05	211.18	156.67
EBITDA Margin	12.97%	13.52%	14.42%	12.53%	11.80%	11.31%
D&A For EBITDA	80.04	75.91	71.39	51.82	29.68	26.63
EBIT	381.3	422.13	363.14	266.23	181.5	130.04
EBIT Margin	10.72%	11.46%	12.05%	10.49%	10.14%	9.39%
Effective Tax Rate	7.02%	8.68%	9.70%	9.60%	6.88%	9.24%
Revenue as Reported	3,685	3,685	3,014	2,537	1,790	1,385
Advertising Expenses	-	14.32	8.98	7.11	7.71	6.88