SHA:688334 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	867.97	773.27	730.95	504.04	414.55
Other Revenue	-	25.09	24.13	17.08	32.6
Revenue	867.97	798.36	755.09	521.12	447.15
Revenue Growth (YoY)	8.72%	5.73%	44.90%	16.54%	29.71%
Cost of Revenue	-	378.74	396.98	271.34	272.05
Gross Profit	867.97	419.62	358.11	249.78	175.1
Selling, General & Admin	-	113	106.81	89.49	68.14
Research & Development	-	84.8	70.09	49.79	34.64
Other Operating Expenses	549.06	14.06	9.27	10.42	6.76
Operating Expenses	549.06	210.61	189.18	149.59	109.86
Operating Income	318.91	209.01	168.93	100.19	65.24
Interest Expense	-	-0.21	-0.25	-0.87	-0.35
Interest & Investment Income	-	46.15	41.55	22.8	3.5
Currency Exchange Gain (Loss)	-	-	-0	0	-0
Other Non Operating Income (Expenses)	0.28	-0.75	-1.3	-0.55	7.67
EBT Excluding Unusual Items	319.19	254.2	208.92	121.57	76.06
Impairment of Goodwill	-	-	-0.69	-1.14	-0.2
Gain (Loss) on Sale of Investments	-	7.98	0.4	-	-4.02
Gain (Loss) on Sale of Assets	-	-0.05	-0.07	0.08	-0.19
Asset Writedown	-	-0.41	-	-	-1.33
Other Unusual Items	-	18.91	28.31	20.32	24.5
Pretax Income	319.19	281.75	236.87	140.83	94.82
Income Tax Expense	70.47	26.87	25.47	10.48	13.26
Earnings From Continuing Operations	248.72	254.88	211.4	130.36	81.56
Minority Interest in Earnings	-	-26.2	-22.07	-	-
Net Income	248.72	228.67	189.34	130.36	81.56
Net Income to Common	248.72	228.67	189.34	130.36	81.56
Net Income Growth	8.77%	20.78%	45.25%	59.83%	25.24%
Shares Outstanding (Basic)	317	317	277	237	157
Shares Outstanding (Diluted)	317	317	277	237	157
Shares Change (YoY)	-0.01%	14.29%	16.66%	51.39%	-
EPS (Basic)	0.79	0.72	0.68	0.55	0.52
EPS (Diluted)	0.79	0.72	0.68	0.55	0.52
EPS Growth	8.78%	5.68%	24.50%	5.58%	-
Free Cash Flow	-	339.24	228.67	117.56	94.94
Free Cash Flow Per Share	-	1.07	0.82	0.49	0.60
Dividend Per Share	-	0.398	0.257	-	-
Dividend Growth	-	54.86%	-	-	-
Gross Margin	100.00%	52.56%	47.43%	47.93%	39.16%
Operating Margin	36.74%	26.18%	22.37%	19.23%	14.59%
Profit Margin	28.66%	28.64%	25.07%	25.01%	18.24%
Free Cash Flow Margin	-	42.49%	30.28%	22.56%	21.23%
EBITDA	446.76	336.86	294.27	217.03	172.56
EBITDA Margin	51.47%	42.19%	38.97%	41.65%	38.59%
D&A For EBITDA	127.85	127.85	125.34	116.84	107.32
EBIT	318.91	209.01	168.93	100.19	65.24
EBIT Margin	36.74%	26.18%	22.37%	19.23%	14.59%
Effective Tax Rate	22.08%	9.54%	10.75%	7.44%	13.99%
Revenue as Reported	-	798.36	755.09	521.12	447.15
Advertising Expenses	-	1.56	0.22	0.28	0.28

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