SHA:688309 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	295.42	153.95	161.64	162.12	83.01
Other Revenue	-	0.99	2.27	3.19	1.56
Revenue	295.42	154.94	163.92	165.3	84.57
Revenue Growth (YoY)	90.67%	-5.48%	-0.84%	95.47%	-51.56%
Cost of Revenue	202.68	100.79	73.75	93.73	54.39
Gross Profit	92.74	54.15	90.17	71.57	30.18
Selling, General & Admin	41.57	32.28	29.6	31.33	25.01
Research & Development	14.97	10.29	12.4	12.25	8.25
Other Operating Expenses	-4.07	1.8	2.21	2.09	1.55
Operating Expenses	52.47	43.72	73.35	60.73	54.5
Operating Income	40.27	10.43	16.82	10.84	-24.33
Interest Expense	-	-0.35	-	-	-
Interest & Investment Income	0.99	3.21	7.23	2.73	7.52
Currency Exchange Gain (Loss)	-	0.13	-1.13	2.1	-0.88
Other Non Operating Income (Expenses)	4.2	-0.05	-0.31	0.22	0.03
EBT Excluding Unusual Items	45.47	13.37	22.61	15.88	-17.66
Gain (Loss) on Sale of Investments	-0.05	-0.08	-0.34	0.2	-0.11
Gain (Loss) on Sale of Assets	-0.59	2.06	0.05	-0.03	0
Asset Writedown	-3.34	-	-	-	-
Other Unusual Items	-	4.24	-2.3	0.97	6.72
Pretax Income	41.49	19.58	20.02	17.02	-11.04
Income Tax Expense	6.26	2.08	1.87	2.39	-1.56
Earnings From Continuing Operations	35.23	17.51	18.15	14.63	-9.48
Minority Interest in Earnings	-1.79	-0.09	-	-	-
Net Income	33.43	17.42	18.15	14.63	-9.48
Net Income to Common	33.43	17.42	18.15	14.63	-9.48
Net Income Growth	91.91%	-4.00%	24.06%	-	-
Shares Outstanding (Basic)	80	80	80	80	80
Shares Outstanding (Diluted)	80	80	80	80	80
Shares Change (YoY)	0.46%	0.02%	0.32%	-0.32%	17.09%
EPS (Basic)	0.42	0.22	0.23	0.18	-0.12
EPS (Diluted)	0.42	0.22	0.23	0.18	-0.12
EPS Growth	91.04%	-4.01%	23.66%	-	-
Free Cash Flow	-42.88	35.91	-48.19	53.33	-42.38
Free Cash Flow Per Share	-0.53	0.45	-0.60	0.67	-0.53
Dividend Per Share	-	0.088	0.092	0.074	-
Dividend Growth	-	-4.35%	24.32%	-	-
Gross Margin	31.39%	34.95%	55.01%	43.30%	35.68%
Operating Margin	13.63%	6.73%	10.26%	6.56%	-28.77%
Profit Margin	11.32%	11.24%	11.07%	8.85%	-11.21%
Free Cash Flow Margin	-14.52%	23.18%	-29.40%	32.26%	-50.11%
EBITDA	62.17	26.3	30.65	21.08	-14.73
EBITDA Margin	21.04%	16.97%	18.70%	12.75%	-17.42%
D&A For EBITDA	21.9	15.87	13.83	10.24	9.59
EBIT	40.27	10.43	16.82	10.84	-24.33
EBIT Margin	13.63%	6.73%	10.26%	6.56%	-28.77%
Effective Tax Rate	15.09%	10.60%	9.34%	14.04%	-
Revenue as Reported	-	154.94	163.92	165.3	84.57
Advertising Expenses	-	2.1	2.13	2.12	2.34

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