SHA:688251 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	1,022	808.65	648.5	567.43	527.72
Other Revenue	-	27.37	16.33	17.36	10.92
Revenue	1,022	836.03	664.83	584.78	538.64
Revenue Growth (YoY)	22.25%	25.75%	13.69%	8.57%	34.08%
Cost of Revenue	990.65	637.48	516.46	431.46	382.31
Gross Profit	31.39	198.55	148.36	153.32	156.33
Selling, General & Admin	-	75.75	67.29	58.62	50.29
Research & Development	-	70.91	57.55	41.72	37.5
Other Operating Expenses	-	-12.18	-7.18	-8.24	-4.78
Operating Expenses	-	164.33	127.15	103.56	93.87
Operating Income	31.39	34.23	21.21	49.76	62.46
Interest Expense	-	-1.52	-1.18	-1.72	-3.37
Interest & Investment Income	-	8.23	10.35	6.78	0.85
Currency Exchange Gain (Loss)	-	-0.15	0.1	1.23	-0.01
Other Non Operating Income (Expenses)	-0.01	-0.8	-1.04	-0.65	-0.33
EBT Excluding Unusual Items	31.38	39.99	29.44	55.4	59.6
Gain (Loss) on Sale of Investments	-	-	0.89	-	-
Gain (Loss) on Sale of Assets	-	-0	-0.13	-0.01	-
Legal Settlements	-	-	-	-	-0.11
Other Unusual Items	-	2.99	13.74	20.99	15.46
Pretax Income	31.38	42.97	43.94	76.39	74.95
Income Tax Expense	-1.65	0.06	1.66	5.49	6.66
Net Income	33.03	42.91	42.29	70.89	68.29
Net Income to Common	33.03	42.91	42.29	70.89	68.29
Net Income Growth	-23.02%	1.48%	-40.35%	3.82%	27.23%
Shares Outstanding (Basic)	100	100	100	88	75
Shares Outstanding (Diluted)	100	100	100	88	75
Shares Change (YoY)	0.54%	-0.55%	14.19%	16.78%	-0.22%
EPS (Basic)	0.33	0.43	0.42	0.81	0.91
EPS (Diluted)	0.33	0.43	0.42	0.81	0.91
EPS Growth	-23.43%	2.04%	-47.76%	-11.10%	27.50%
Free Cash Flow	-	-111.6	-35.28	-29.61	48.09
Free Cash Flow Per Share	-	-1.12	-0.35	-0.34	0.64
Dividend Per Share	-	0.178	0.131	0.059	-
Dividend Growth	-	35.78%	119.83%	-	-
Gross Margin	3.07%	23.75%	22.32%	26.22%	29.02%
Operating Margin	3.07%	4.09%	3.19%	8.51%	11.60%
Profit Margin	3.23%	5.13%	6.36%	12.12%	12.68%
Free Cash Flow Margin	-	-13.35%	-5.31%	-5.06%	8.93%
EBITDA	40.09	42.93	28.71	56.26	68.48
EBITDA Margin	3.92%	5.13%	4.32%	9.62%	12.71%
D&A For EBITDA	8.7	8.7	7.5	6.51	6.02
EBIT	31.39	34.23	21.21	49.76	62.46
EBIT Margin	3.07%	4.09%	3.19%	8.51%	11.60%
Effective Tax Rate	-	0.13%	3.77%	7.19%	8.89%
Revenue as Reported	-	836.03	664.83	584.78	538.64
Advertising Expenses	-	4.08	6.6	2.63	2.21

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