SHA:688318 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	356.33	367.91	388.77	433.56	320.1	326.32
Other Revenue	0.18	0.18	0.21	1.11	1.37	-
Revenue	356.51	368.1	388.98	434.67	321.47	326.32
Revenue Growth	-4.75%	-5.37%	-10.51%	35.21%	-1.49%	19.42%
Cost of Revenue	75.14	63.17	54.55	63.22	52.53	43.77
Gross Profit	281.37	304.93	334.43	371.45	268.94	282.55
Selling, General & Admin	15.33	16.29	16.25	20	17.43	14.9
Research & Development	70.89	85.58	91.47	75.44	70.79	53.13
Other Operating Expenses	-5.34	-6.7	-9.23	-16.92	-6.46	-8.53
Operating Expenses	82.64	96.94	98.62	79.04	81.96	59.57
Operating Income	198.73	207.99	235.82	292.41	186.98	222.98
Interest Expense	-0.03	-0.03	-2.75	-0.57	-0.19	-0.24
Interest & Investment Income	108.07	111.15	121.91	92.07	80.81	109.04
Currency Exchange Gain (Loss)	-0.13	-0.13	0.14	0.18	1.52	-0.55
Other Non Operating Income (Expenses)	-1.21	-1.08	-1.16	-0.57	-0.6	-3.33
EBT Excluding Unusual Items	305.45	317.9	353.95	383.52	268.51	327.89
Gain (Loss) on Sale of Investments	36.83	39.1	-12.58	-26.12	-97.94	-6.47
Gain (Loss) on Sale of Assets	0	-	0.13	-	-	-0.03
Asset Writedown	-	-	-	-0.08	-	-
Other Unusual Items	-3.84	-3.84	0.14	-	0.44	5.35
Pretax Income	338.43	353.16	341.64	357.32	171	326.74
Income Tax Expense	37.93	37.76	37.68	46.82	17.52	45.05
Earnings From Continuing Operations	300.5	315.41	303.96	310.5	153.48	281.7
Minority Interest in Earnings	-0	-0	-0.02	0.21	0.07	-
Net Income	300.5	315.4	303.94	310.72	153.55	281.7
Net Income to Common	300.5	315.4	303.94	310.72	153.55	281.7
Net Income Growth	-3.25%	3.77%	-2.18%	102.35%	-45.49%	17.90%
Shares Outstanding (Basic)	358	359	358	358	357	358
Shares Outstanding (Diluted)	358	359	358	358	357	358
Shares Change	0.55%	0.39%	-0.19%	0.32%	-0.35%	9.04%
EPS (Basic)	0.84	0.88	0.85	0.87	0.43	0.79
EPS (Diluted)	0.84	0.88	0.85	0.87	0.43	0.79
EPS Growth	-3.78%	3.36%	-1.99%	101.70%	-45.30%	8.13%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	123.63	119.15	161.84	218.47	175.93	242.97
Free Cash Flow Per Share	0.35	0.33	0.45	0.61	0.49	0.68
Dividend Per Share	0.271	0.271	0.311	0.292	0.130	0.260
Dividend Growth	6.39%	-12.79%	6.72%	124.13%	-50.02%	-12.50%
Gross Margin	78.92%	82.84%	85.98%	85.46%	83.66%	86.59%
Operating Margin	55.74%	56.50%	60.62%	67.27%	58.16%	68.33%
Profit Margin	84.29%	85.68%	78.14%	71.48%	47.77%	86.33%
Free Cash Flow Margin	34.68%	32.37%	41.60%	50.26%	54.73%	74.46%
EBITDA	202.65	212.07	239.67	296.34	190.11	225.46
EBITDA Margin	56.84%	57.61%	61.61%	68.18%	59.14%	69.09%
D&A For EBITDA	3.92	4.08	3.86	3.93	3.14	2.48
EBIT	198.73	207.99	235.82	292.41	186.98	222.98
EBIT Margin	55.74%	56.50%	60.62%	67.27%	58.16%	68.33%
Effective Tax Rate	11.21%	10.69%	11.03%	13.10%	10.24%	13.79%
Revenue as Reported	368.1	368.1	388.98	434.67	321.47	-