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	237.58	191	112.6	91.82	128.91
Gross Profit	251.08	202.01	136.71	108	210.27
Selling, General & Admin	55.86	51.44	46.15	42.69	50.18
Research & Development	137.02	114.23	80.43	65.84	66.74
Other Operating Expenses	-2.23	-0.61	-0.61	0.98	2.96
Operating Expenses	190.88	165.09	126.04	109.58	119.86
Operating Income	60.2	36.92	10.67	-1.58	90.41
Interest Expense	-0.96	-0.05	-1.37	-0.2	-1.13
Interest & Investment Income	35.71	38.69	39.9	27.52	1.51
Currency Exchange Gain (Loss)	-0.5	0.46	0.13	2.02	-1.24
Other Non Operating Income (Expenses)	-0.2	-0.13	-0.1	-0.08	-0.11
EBT Excluding Unusual Items	94.25	75.89	49.23	27.69	89.44
Gain (Loss) on Sale of Investments	4.72	1.54	2.63	0.98	-
Gain (Loss) on Sale of Assets	-2.37	-1.38	-0.46	-0	-1.33
Other Unusual Items	4.34	1.43	3.65	22.89	3.47
Pretax Income	100.94	77.48	55.05	51.55	91.58
Income Tax Expense	3.59	-1.36	-4.72	-0.31	2.36
Net Income	97.34	78.84	59.77	51.86	89.22
Net Income to Common	97.34	78.84	59.77	51.86	89.22
Net Income Growth	23.47%	31.90%	15.26%	-41.87%	174.86%
Shares Outstanding (Basic)	83	82	82	73	60
Shares Outstanding (Diluted)	87	86	86	78	63
Shares Change (YoY)	0.93%	-0.08%	9.71%	23.91%	18.74%
EPS (Basic)	1.17	0.96	0.73	0.71	1.49
EPS (Diluted)	1.12	0.92	0.70	0.66	1.41
EPS Growth	22.34%	32.00%	5.06%	-53.09%	131.48%
Free Cash Flow	-175.75	52.77	40.62	-22.72	121.86
Free Cash Flow Per Share	-2.03	0.61	0.47	-0.29	1.93
Dividend Per Share	1.300	1.000	0.200	-	-
Dividend Growth	30.00%	400.00%	-	-	-
Gross Margin	51.38%	51.40%	54.84%	54.05%	61.99%
Operating Margin	12.32%	9.39%	4.28%	-0.79%	26.65%
Profit Margin	19.92%	20.06%	23.98%	25.95%	26.30%
Free Cash Flow Margin	-35.97%	13.43%	16.29%	-11.37%	35.93%
EBITDA	69.57	45	16.26	2.3	93.26
EBITDA Margin	14.24%	11.45%	6.52%	1.15%	27.50%
D&A For EBITDA	9.37	8.08	5.59	3.88	2.86
EBIT	60.2	36.92	10.67	-1.58	90.41
EBIT Margin	12.32%	9.39%	4.28%	-0.79%	26.65%
Effective Tax Rate	3.56%	-	-	-	2.58%
Revenue as Reported	488.66	393.02	249.31	199.83	339.18

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