SHA:688290 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	113.46	47.26	254.24	461.5	348.38
Other Revenue	0.25	1.6	1.2	1.99	0.33
Revenue	113.71	48.85	255.44	463.49	348.71
Revenue Growth (YoY)	132.75%	-80.88%	-44.89%	32.91%	68.95%
Cost of Revenue	76.42	27.16	137.17	242.54	193.31
Gross Profit	37.29	21.69	118.27	220.95	155.4
Selling, General & Admin	14.89	8.61	63.06	61.13	43.76
Research & Development	8.01	3.78	40.59	42.35	28.6
Other Operating Expenses	0.36	-1.12	-0.1	2.94	2.16
Operating Expenses	25.99	12.53	112.34	118.67	80.88
Operating Income	11.3	9.16	5.93	102.28	74.53
Interest Expense	-0.79	-	-0.21	-0.25	-0.5
Interest & Investment Income	0.1	0.01	14.07	13.17	4.06
Currency Exchange Gain (Loss)	-	-	-0.04	0.18	0.01
Other Non Operating Income (Expenses)	-0.11	0.03	-0.13	-0.12	0.15
EBT Excluding Unusual Items	10.51	9.19	19.62	115.27	78.23
Gain (Loss) on Sale of Investments	0.14	-	6.13	3.26	-
Gain (Loss) on Sale of Assets	-	-0	0.03	-	-
Asset Writedown	0	-0.02	-	-2.49	-
Other Unusual Items	-	-	10.1	20.66	8.44
Pretax Income	10.64	9.17	35.88	136.7	86.68
Income Tax Expense	0.18	1.18	0.9	15.14	10.28
Earnings From Continuing Operations	10.47	7.99	34.98	121.56	76.4
Minority Interest in Earnings	-	-	-0.29	-	-
Net Income	10.47	7.99	34.69	121.56	76.4
Net Income to Common	10.47	7.99	34.69	121.56	76.4
Net Income Growth	30.98%	-76.96%	-71.47%	59.12%	44.03%
Shares Outstanding (Basic)	-	102	99	92	74
Shares Outstanding (Diluted)	-	102	99	92	74
Shares Change (YoY)	-	2.54%	7.61%	24.56%	13.94%
EPS (Basic)	-	0.08	0.35	1.32	1.03
EPS (Diluted)	-	0.08	0.35	1.32	1.03
EPS Growth	-	-77.53%	-73.48%	27.75%	26.52%
Free Cash Flow	-3.01	-3.09	-139.85	-72.4	74.58
Free Cash Flow Per Share	-	-0.03	-1.41	-0.79	1.01
Dividend Per Share	-	0.115	0.106	0.417	-
Dividend Growth	-	8.05%	-74.56%	-	-
Gross Margin	32.79%	44.40%	46.30%	47.67%	44.56%
Operating Margin	9.94%	18.75%	2.32%	22.07%	21.37%
Profit Margin	9.21%	16.36%	13.58%	26.23%	21.91%
Free Cash Flow Margin	-2.64%	-6.32%	-54.75%	-15.62%	21.39%
EBITDA	17.76	12.51	18.32	108.23	78.33
EBITDA Margin	15.62%	25.61%	7.17%	23.35%	22.46%
D&A For EBITDA	6.46	3.35	12.39	5.95	3.81
EBIT	11.3	9.16	5.93	102.28	74.53
EBIT Margin	9.94%	18.75%	2.32%	22.07%	21.37%
Effective Tax Rate	1.65%	12.87%	2.51%	11.07%	11.86%
Revenue as Reported	-	-	255.44	463.49	348.71
Advertising Expenses	-	-	0.02	0.86	-

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