SHA:688312 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	618.66	496.81	326.42	317.52	427.44
Other Revenue	-	0.77	0.49	0.36	0.11
Revenue	618.66	497.58	326.91	317.88	427.55
Revenue Growth (YoY)	24.34%	52.20%	2.84%	-25.65%	22.03%
Cost of Revenue	307.73	263	167.43	141.25	181.98
Gross Profit	310.93	234.58	159.48	176.64	245.58
Selling, General & Admin	69.01	63.86	40.48	66.39	65.28
Research & Development	120.23	120.74	88.33	89.9	86.84
Other Operating Expenses	-8.42	-10.44	-3.46	-10.88	-12.35
Operating Expenses	180.82	176.17	127.95	144.88	138.94
Operating Income	130.11	58.41	31.53	31.75	106.63
Interest Expense	-	-2.07	-2.07	-2.19	-1.11
Interest & Investment Income	12.15	30.45	33.28	30.09	30.45
Currency Exchange Gain (Loss)	-	5.78	5.22	24.7	-5.36
Other Non Operating Income (Expenses)	-0.97	-0.27	0.68	-0.61	-0.39
EBT Excluding Unusual Items	141.29	92.3	68.64	83.75	130.22
Gain (Loss) on Sale of Investments	0.6	0.73	1.94	-4.16	-1.8
Gain (Loss) on Sale of Assets	0	0.07	0.06	0.03	0.01
Asset Writedown	-6.75	-	-6.2	-	-
Legal Settlements	-	-	-	0.78	-
Other Unusual Items	-	2.83	2.59	3.48	4.99
Pretax Income	135.14	95.93	67.03	83.87	133.42
Income Tax Expense	2.42	2.15	-0.04	4.16	12.71
Earnings From Continuing Operations	132.72	93.79	67.07	79.71	120.7
Minority Interest in Earnings	3.73	2.52	1.49	1.91	1.69
Net Income	136.45	96.31	68.56	81.62	122.39
Net Income to Common	136.45	96.31	68.56	81.62	122.39
Net Income Growth	41.68%	40.47%	-16.00%	-33.31%	19.66%
Shares Outstanding (Basic)	144	146	143	143	144
Shares Outstanding (Diluted)	147	148	143	143	144
Shares Change (YoY)	-0.98%	3.73%	-0.25%	-0.55%	14.03%
EPS (Basic)	0.95	0.66	0.48	0.57	0.85
EPS (Diluted)	0.93	0.65	0.48	0.57	0.85
EPS Growth	43.08%	35.42%	-15.79%	-32.94%	4.94%
Free Cash Flow	105.57	-59.4	-155.09	-11.41	116.39
Free Cash Flow Per Share	0.72	-0.40	-1.09	-0.08	0.81
Dividend Per Share	-	0.500	0.400	0.200	0.600
Dividend Growth	-	25.00%	100.00%	-66.67%	20.00%
Gross Margin	50.26%	47.14%	48.78%	55.57%	57.44%
Operating Margin	21.03%	11.74%	9.64%	9.99%	24.94%
Profit Margin	22.05%	19.36%	20.97%	25.68%	28.63%
Free Cash Flow Margin	17.06%	-11.94%	-47.44%	-3.59%	27.22%
EBITDA	148.09	71.53	37.01	36.54	110.33
EBITDA Margin	23.94%	14.37%	11.32%	11.49%	25.80%
D&A For EBITDA	17.98	13.12	5.48	4.78	3.7
EBIT	130.11	58.41	31.53	31.75	106.63
EBIT Margin	21.03%	11.74%	9.64%	9.99%	24.94%
Effective Tax Rate	1.79%	2.24%	-	4.96%	9.53%
Revenue as Reported	-	497.58	326.91	317.88	427.55

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