SHA:688308 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	1,457	1,113	1,024	1,048	987.47
Other Revenue	-	13.93	2.46	7.61	2.91
Revenue	1,457	1,127	1,026	1,055	990.39
Revenue Growth (YoY)	29.30%	9.81%	-2.73%	6.56%	41.04%
Cost of Revenue	1,358	889.68	732.08	671.85	656.45
Gross Profit	99.9	237.51	294.38	383.47	333.93
Selling, General & Admin	-	103.4	79.92	70.28	54.85
Research & Development	-	85.86	63.83	52.97	48.98
Other Operating Expenses	-	8.01	5.52	5.9	5.15
Operating Expenses	-	202.12	156.03	136.76	109.73
Operating Income	99.9	35.39	138.36	246.71	224.21
Interest Expense	-	-17.6	-9.02	-2.44	-1.67
Interest & Investment Income	-	6.35	14.68	5.4	3.6
Currency Exchange Gain (Loss)	-	0.67	2.01	1.77	-0.96
Other Non Operating Income (Expenses)	-0.48	-0.48	-0.32	-0.37	-0.17
EBT Excluding Unusual Items	99.43	24.32	145.69	251.07	225.01
Gain (Loss) on Sale of Investments	-	12.71	8.86	1.68	6.38
Gain (Loss) on Sale of Assets	-	-1.37	0.24	-0.78	-1.18
Other Unusual Items	-	22.85	23.42	17.91	24.8
Pretax Income	99.43	58.51	178.21	269.89	255.01
Income Tax Expense	-4.39	3.57	12.21	27.81	32.79
Earnings From Continuing Operations	103.82	54.94	166	242.08	222.22
Minority Interest in Earnings	-	2.36	-	-	-
Net Income	103.82	57.3	166	242.08	222.22
Net Income to Common	103.82	57.3	166	242.08	222.22
Net Income Growth	81.18%	-65.48%	-31.43%	8.94%	106.82%
Shares Outstanding (Basic)	157	159	158	142	140
Shares Outstanding (Diluted)	157	159	158	142	140
Shares Change (YoY)	-1.17%	0.68%	11.68%	1.02%	33.22%
EPS (Basic)	0.66	0.36	1.05	1.71	1.59
EPS (Diluted)	0.66	0.36	1.05	1.71	1.59
EPS Growth	83.33%	-65.71%	-38.60%	7.84%	55.25%
Free Cash Flow	-	-349.65	-450.99	-299.81	-188.28
Free Cash Flow Per Share	-	-2.20	-2.85	-2.12	-1.34
Dividend Per Share	-	0.150	0.350	0.700	0.700
Dividend Growth	-	-57.14%	-50.00%	-	112.12%
Gross Margin	6.86%	21.07%	28.68%	36.34%	33.72%
Operating Margin	6.86%	3.14%	13.48%	23.38%	22.64%
Profit Margin	7.12%	5.08%	16.17%	22.94%	22.44%
Free Cash Flow Margin	-	-31.02%	-43.94%	-28.41%	-19.01%
EBITDA	209.93	145.41	228.74	322.72	280.16
EBITDA Margin	14.40%	12.90%	22.28%	30.58%	28.29%
D&A For EBITDA	110.02	110.02	90.39	76	55.96
EBIT	99.9	35.39	138.36	246.71	224.21
EBIT Margin	6.86%	3.14%	13.48%	23.38%	22.64%
Effective Tax Rate	-	6.10%	6.85%	10.30%	12.86%
Revenue as Reported	-	1,127	1,026	1,055	990.39
Advertising Expenses	-	8.56	7.58	2.73	3.76

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