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	395.18	378.74	396.98	271.34	272.05
Gross Profit	472.79	419.62	358.11	249.78	175.1
Selling, General & Admin	108.04	113	106.81	89.49	68.14
Research & Development	90.87	84.8	70.09	49.79	34.64
Other Operating Expenses	-0.93	14.06	9.27	10.42	6.76
Operating Expenses	197.99	210.61	189.18	149.59	109.86
Operating Income	274.8	209.01	168.93	100.19	65.24
Interest Expense	-	-0.21	-0.25	-0.87	-0.35
Interest & Investment Income	29	46.15	41.55	22.8	3.5
Currency Exchange Gain (Loss)	-	-	-0	0	-0
Other Non Operating Income (Expenses)	9.38	-0.75	-1.3	-0.55	7.67
EBT Excluding Unusual Items	313.18	254.2	208.92	121.57	76.06
Impairment of Goodwill	-	-	-0.69	-1.14	-0.2
Gain (Loss) on Sale of Investments	6.49	7.98	0.4	-	-4.02
Gain (Loss) on Sale of Assets	-0.29	-0.05	-0.07	0.08	-0.19
Asset Writedown	-0.2	-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	42.39	26.87	25.47	10.48	13.26
Earnings From Continuing Operations	276.8	254.88	211.4	130.36	81.56
Minority Interest in Earnings	-28.07	-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	348.49	339.24	228.67	117.56	94.94
Free Cash Flow Per Share	1.10	1.07	0.82	0.49	0.60
Dividend Per Share	-	0.398	0.257	-	-
Dividend Growth	-	54.86%	-	-	-
Gross Margin	54.47%	52.56%	47.43%	47.93%	39.16%
Operating Margin	31.66%	26.18%	22.37%	19.23%	14.59%
Profit Margin	28.66%	28.64%	25.07%	25.01%	18.24%
Free Cash Flow Margin	40.15%	42.49%	30.28%	22.56%	21.23%
EBITDA	405.24	336.86	294.27	217.03	172.56
EBITDA Margin	46.69%	42.19%	38.97%	41.65%	38.59%
D&A For EBITDA	130.43	127.85	125.34	116.84	107.32
EBIT	274.8	209.01	168.93	100.19	65.24
EBIT Margin	31.66%	26.18%	22.37%	19.23%	14.59%
Effective Tax Rate	13.28%	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.