SHA:688295 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	2,195	1,543	2,243	1,980	1,163
Other Revenue	-	13.96	16.36	14.52	10.22
Revenue	2,195	1,557	2,259	1,995	1,173
Revenue Growth (YoY)	40.97%	-31.07%	13.25%	70.00%	120.44%
Cost of Revenue	2,093	1,412	1,576	1,045	697.22
Gross Profit	102.78	145.5	682.73	950.08	476.22
Selling, General & Admin	-	205.71	216.97	153.29	110.13
Research & Development	-	176.71	205.75	154.77	59.12
Other Operating Expenses	-	-44.75	21.47	10.32	-15.33
Operating Expenses	-	349.03	448.65	318.41	153.92
Operating Income	102.78	-203.53	234.08	631.67	322.3
Interest Expense	-	-60.09	-37	-40.48	-22.42
Interest & Investment Income	-	30.27	46.3	39.45	2.32
Currency Exchange Gain (Loss)	-	1.49	-1.11	2.81	-0.58
Other Non Operating Income (Expenses)	-9.62	-0.67	-0.33	-10.53	-4.98
EBT Excluding Unusual Items	93.17	-232.55	241.94	622.92	296.64
Gain (Loss) on Sale of Investments	-	6.13	1.02	7.42	-
Gain (Loss) on Sale of Assets	-	-0.35	-	0.06	0.05
Asset Writedown	-	-0.32	-4.28	-6.97	-1.56
Other Unusual Items	-	58.09	86.06	37.47	-
Pretax Income	93.17	-169	324.74	660.9	295.14
Income Tax Expense	-3.49	-44.62	6.76	55.82	16.42
Net Income	96.66	-124.38	317.98	605.08	278.72
Net Income to Common	96.66	-124.38	317.98	605.08	278.72
Net Income Growth	-	-	-47.45%	117.09%	227.01%
Shares Outstanding (Basic)	879	888	909	877	796
Shares Outstanding (Diluted)	879	888	909	877	796
Shares Change (YoY)	-1.10%	-2.21%	3.60%	10.12%	30.81%
EPS (Basic)	0.11	-0.14	0.35	0.69	0.35
EPS (Diluted)	0.11	-0.14	0.35	0.69	0.35
EPS Growth	-	-	-49.28%	97.14%	150.00%
Free Cash Flow	-	-153.58	-946.96	-401.2	-863.18
Free Cash Flow Per Share	-	-0.17	-1.04	-0.46	-1.08
Dividend Per Share	-	-	0.106	0.100	-
Dividend Growth	-	-	6.00%	-	-
Gross Margin	4.68%	9.34%	30.22%	47.63%	40.58%
Operating Margin	4.68%	-13.07%	10.36%	31.67%	27.47%
Profit Margin	4.40%	-7.99%	14.07%	30.33%	23.75%
Free Cash Flow Margin	-	-9.86%	-41.92%	-20.11%	-73.56%
EBITDA	410.12	103.81	477.57	795.32	409.38
EBITDA Margin	18.68%	6.67%	21.14%	39.87%	34.89%
D&A For EBITDA	307.34	307.34	243.49	163.64	87.08
EBIT	102.78	-203.53	234.08	631.67	322.3
EBIT Margin	4.68%	-13.07%	10.36%	31.67%	27.47%
Effective Tax Rate	-	-	2.08%	8.45%	5.56%
Revenue as Reported	-	1,557	2,259	1,995	-
Advertising Expenses	-	3.14	1.83	0.51	0.58

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