SHA:688269 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	1,428	1,630	1,849	1,589
Other Revenue	-	258.16	155.28	32.86	-
Revenue	2,034	1,687	1,785	1,882	1,589
Revenue Growth (YoY)	20.59%	-5.53%	-5.15%	18.43%	51.05%
Cost of Revenue	-	1,498	1,573	1,544	1,334
Gross Profit	2,034	188.98	211.81	338.21	254.99
Selling, General & Admin	-	45.4	33.82	31.6	31.63
Research & Development	-	45.79	50.1	57.12	50.6
Other Operating Expenses	1,912	-5.27	5.74	6.18	4.4
Operating Expenses	1,912	88.51	90.67	95.81	87.58
Operating Income	121.56	100.47	121.14	242.4	167.42
Interest Expense	-	-10.31	-5.2	-3.83	-8.32
Interest & Investment Income	-	2.05	2.44	5.53	3.19
Currency Exchange Gain (Loss)	-	0.01	0.03	0.28	-0.06
Other Non Operating Income (Expenses)	-1.33	-0.77	-0.53	-0.43	-0.19
EBT Excluding Unusual Items	120.23	91.46	117.88	243.95	162.03
Gain (Loss) on Sale of Investments	-	0.26	-	-	-
Gain (Loss) on Sale of Assets	-	-0.47	-0.36	-0.47	0.02
Asset Writedown	-	-	-	-	-0.17
Other Unusual Items	-	9.17	5.98	6.22	20.44
Pretax Income	120.23	100.41	123.5	249.69	182.33
Income Tax Expense	9.95	8.66	10.63	28.58	19.77
Earnings From Continuing Operations	110.29	91.75	112.88	221.11	162.56
Minority Interest in Earnings	-	0.87	-0	-	-
Net Income	110.29	92.62	112.88	221.11	162.56
Net Income to Common	110.29	92.62	112.88	221.11	162.56
Net Income Growth	19.08%	-17.95%	-48.95%	36.02%	54.34%
Shares Outstanding (Basic)	131	130	131	131	114
Shares Outstanding (Diluted)	131	130	131	131	114
Shares Change (YoY)	0.65%	-0.61%	0.32%	14.29%	16.45%
EPS (Basic)	0.84	0.71	0.86	1.69	1.42
EPS (Diluted)	0.84	0.71	0.86	1.69	1.42
EPS Growth	18.31%	-17.44%	-49.11%	19.01%	32.54%
Free Cash Flow	-	-236.57	-58.65	-87.39	-6.18
Free Cash Flow Per Share	-	-1.81	-0.45	-0.67	-0.05
Dividend Per Share	-	0.500	0.500	0.700	1.143
Dividend Growth	-	-	-28.57%	-38.75%	-
Gross Margin	100.00%	11.21%	11.86%	17.97%	16.04%
Operating Margin	5.98%	5.96%	6.78%	12.88%	10.53%
Profit Margin	5.42%	5.49%	6.32%	11.75%	10.23%
Free Cash Flow Margin	-	-14.03%	-3.28%	-4.64%	-0.39%
EBITDA	145.71	124.62	132.17	247.31	171.37
EBITDA Margin	7.16%	7.39%	7.40%	13.14%	10.78%
D&A For EBITDA	24.14	24.14	11.03	4.91	3.95
EBIT	121.56	100.47	121.14	242.4	167.42
EBIT Margin	5.98%	5.96%	6.78%	12.88%	10.53%
Effective Tax Rate	8.27%	8.63%	8.60%	11.45%	10.84%
Revenue as Reported	-	1,687	1,785	1,882	1,589
Advertising Expenses	-	1.23	0.61	0.09	0.89

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