SHA:688325 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	488.66	392.9	249.2	199.83	339.18
Other Revenue	-	0.12	0.12	-	-
Revenue	488.66	393.02	249.31	199.83	339.18
Revenue Growth (YoY)	24.34%	57.64%	24.76%	-41.09%	88.31%
Cost of Revenue	-	191	112.6	91.82	128.91
Gross Profit	488.66	202.01	136.71	108	210.27
Selling, General & Admin	-	51.44	46.15	42.69	50.18
Research & Development	-	114.23	80.43	65.84	66.74
Other Operating Expenses	384.87	-0.61	-0.61	0.98	2.96
Operating Expenses	384.87	165.09	126.04	109.58	119.86
Operating Income	103.79	36.92	10.67	-1.58	90.41
Interest Expense	-	-0.05	-1.37	-0.2	-1.13
Interest & Investment Income	-	38.69	39.9	27.52	1.51
Currency Exchange Gain (Loss)	-	0.46	0.13	2.02	-1.24
Other Non Operating Income (Expenses)	-3.81	-0.13	-0.1	-0.08	-0.11
EBT Excluding Unusual Items	99.99	75.89	49.23	27.69	89.44
Gain (Loss) on Sale of Investments	-	1.54	2.63	0.98	-
Gain (Loss) on Sale of Assets	-	-1.38	-0.46	-0	-1.33
Other Unusual Items	-	1.43	3.65	22.89	3.47
Pretax Income	99.99	77.48	55.05	51.55	91.58
Income Tax Expense	3.64	-1.36	-4.72	-0.31	2.36
Net Income	96.35	78.84	59.77	51.86	89.22
Net Income to Common	96.35	78.84	59.77	51.86	89.22
Net Income Growth	22.20%	31.90%	15.26%	-41.87%	174.86%
Shares Outstanding (Basic)	83	82	82	73	60
Shares Outstanding (Diluted)	83	86	86	78	63
Shares Change (YoY)	-2.76%	-0.08%	9.71%	23.91%	18.74%
EPS (Basic)	1.15	0.96	0.73	0.71	1.49
EPS (Diluted)	1.15	0.92	0.70	0.66	1.41
EPS Growth	25.67%	32.00%	5.06%	-53.09%	131.48%
Free Cash Flow	-	52.77	40.62	-22.72	121.86
Free Cash Flow Per Share	-	0.61	0.47	-0.29	1.93
Dividend Per Share	-	1.000	0.200	-	-
Dividend Growth	-	400.00%	-	-	-
Gross Margin	100.00%	51.40%	54.84%	54.05%	61.99%
Operating Margin	21.24%	9.39%	4.28%	-0.79%	26.65%
Profit Margin	19.72%	20.06%	23.98%	25.95%	26.30%
Free Cash Flow Margin	-	13.43%	16.29%	-11.37%	35.93%
EBITDA	111.87	45	16.26	2.3	93.26
EBITDA Margin	22.89%	11.45%	6.52%	1.15%	27.50%
D&A For EBITDA	8.08	8.08	5.59	3.88	2.86
EBIT	103.79	36.92	10.67	-1.58	90.41
EBIT Margin	21.24%	9.39%	4.28%	-0.79%	26.65%
Effective Tax Rate	3.64%	-	-	-	2.58%
Revenue as Reported	-	393.02	249.31	199.83	339.18

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.