SHA:688265 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	421.26	378.49	365.03	302.43	273.64
Other Revenue	-	2.75	1.52	0.54	1.63
Revenue	421.26	381.24	366.55	302.97	275.27
Revenue Growth (YoY)	10.50%	4.01%	20.99%	10.06%	40.31%
Cost of Revenue	-	208.09	213.77	178.47	109.47
Gross Profit	421.26	173.15	152.78	124.5	165.8
Selling, General & Admin	-	111.61	107.52	94.88	57.58
Research & Development	-	74.98	80.24	65.76	47.95
Other Operating Expenses	390.57	3.86	3.61	1.39	0.6
Operating Expenses	390.57	196.45	199.81	167.92	107.63
Operating Income	30.69	-23.31	-47.04	-43.43	58.17
Interest Expense	-	-3.8	-5.04	-5.18	-1.46
Interest & Investment Income	-	2.88	19.52	23.03	3.36
Currency Exchange Gain (Loss)	-	1	-0.64	0.95	0.08
Other Non Operating Income (Expenses)	-0.87	1.13	-1.66	-0.88	1
EBT Excluding Unusual Items	29.82	-22.1	-34.86	-25.52	61.15
Gain (Loss) on Sale of Investments	-	19.3	0.76	1.82	0.34
Gain (Loss) on Sale of Assets	-	0.02	-0.01	-0.06	-0.07
Asset Writedown	-	-0.06	-0.04	-0.06	-0.23
Other Unusual Items	-	5.56	4.24	9.1	7.88
Pretax Income	29.82	2.73	-29.9	-14.71	69.07
Income Tax Expense	-2.61	-3.77	-9.32	-9.32	8.21
Net Income	32.43	6.5	-20.58	-5.4	60.86
Net Income to Common	32.43	6.5	-20.58	-5.4	60.86
Net Income Growth	399.29%	-	-	-	36.59%
Shares Outstanding (Basic)	75	81	79	77	59
Shares Outstanding (Diluted)	75	81	79	77	59
Shares Change (YoY)	-7.11%	2.56%	2.63%	31.81%	2.45%
EPS (Basic)	0.43	0.08	-0.26	-0.07	1.04
EPS (Diluted)	0.43	0.08	-0.26	-0.07	1.04
EPS Growth	437.50%	-	-	-	33.33%
Free Cash Flow	-	46.33	-104.22	-251.37	59.1
Free Cash Flow Per Share	-	0.57	-1.32	-3.26	1.01
Dividend Per Share	-	-	0.130	-	0.257
Gross Margin	100.00%	45.42%	41.68%	41.09%	60.23%
Operating Margin	7.28%	-6.11%	-12.83%	-14.34%	21.13%
Profit Margin	7.70%	1.70%	-5.62%	-1.78%	22.11%
Free Cash Flow Margin	-	12.15%	-28.43%	-82.97%	21.47%
EBITDA	66.34	12.35	-23.6	-25	70.51
EBITDA Margin	15.75%	3.24%	-6.44%	-8.25%	25.62%
D&A For EBITDA	35.66	35.66	23.44	18.43	12.35
EBIT	30.69	-23.31	-47.04	-43.43	58.17
EBIT Margin	7.28%	-6.11%	-12.83%	-14.34%	21.13%
Effective Tax Rate	-	-	-	-	11.88%
Revenue as Reported	-	381.24	366.55	302.97	275.27
Advertising Expenses	-	3.52	3.6	1.66	0.77

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.