SHA:688319 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	700.13	586.1	494.29	546.68	485.29
Other Revenue	4.03	2.75	1.83	0.8	1.86
Revenue	704.16	588.86	496.12	547.48	487.15
Revenue Growth (YoY)	19.58%	18.69%	-9.38%	12.38%	52.18%
Cost of Revenue	63.17	29.77	36.73	43.01	28.36
Gross Profit	641	559.09	459.39	504.48	458.79
Selling, General & Admin	456.1	389.32	336.12	352.06	296.33
Research & Development	132.9	134.23	114.73	121.99	56.36
Other Operating Expenses	6.05	3.72	3.32	3.55	3.21
Operating Expenses	608.26	537.47	455.89	489.78	364.9
Operating Income	32.73	21.62	3.51	14.7	93.89
Interest Expense	-14.99	-14.46	-7.18	-5.07	-1.23
Interest & Investment Income	1.1	5.36	3.6	7.55	5.19
Currency Exchange Gain (Loss)	-0.01	-	-	-	-
Other Non Operating Income (Expenses)	0.09	-0.25	0.07	-0.21	-0.19
EBT Excluding Unusual Items	18.92	12.28	-0.01	16.97	97.67
Gain (Loss) on Sale of Assets	0.01	-0.03	-0.15	-0.15	-0.05
Other Unusual Items	12.96	10.06	15.77	26.83	9.57
Pretax Income	31.89	22.3	15.62	43.65	107.19
Income Tax Expense	9.99	6.58	4.18	17.07	-0.77
Earnings From Continuing Operations	21.9	15.72	11.44	26.58	107.96
Minority Interest in Earnings	0.36	5.04	6.11	-	-
Net Income	22.26	20.76	17.56	26.58	107.96
Net Income to Common	22.26	20.76	17.56	26.58	107.96
Net Income Growth	7.24%	18.24%	-33.95%	-75.38%	198.82%
Shares Outstanding (Basic)	405	405	405	405	385
Shares Outstanding (Diluted)	405	405	405	405	385
Shares Change (YoY)	0.01%	-0.01%	0.07%	5.22%	5.61%
EPS (Basic)	0.05	0.05	0.04	0.07	0.28
EPS (Diluted)	0.05	0.05	0.04	0.07	0.28
EPS Growth	7.23%	18.25%	-33.99%	-76.61%	182.95%
Free Cash Flow	6.68	-217.05	-125.88	-225.24	-29.75
Free Cash Flow Per Share	0.02	-0.54	-0.31	-0.56	-0.08
Dividend Per Share	-	-	0.038	-	-
Gross Margin	91.03%	94.94%	92.60%	92.14%	94.18%
Operating Margin	4.65%	3.67%	0.71%	2.69%	19.27%
Profit Margin	3.16%	3.52%	3.54%	4.85%	22.16%
Free Cash Flow Margin	0.95%	-36.86%	-25.37%	-41.14%	-6.11%
EBITDA	66.2	50.4	30.62	40	116.93
EBITDA Margin	9.40%	8.56%	6.17%	7.31%	24.00%
D&A For EBITDA	33.47	28.78	27.11	25.3	23.04
EBIT	32.73	21.62	3.51	14.7	93.89
EBIT Margin	4.65%	3.67%	0.71%	2.69%	19.27%
Effective Tax Rate	31.34%	29.52%	26.74%	39.11%	-
Revenue as Reported	704.16	588.86	496.12	547.48	487.15
Advertising Expenses	331.88	264.73	224.9	248.75	212.96

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