SHA:688334 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	864.04	842.76	773.27	730.95	504.04	414.55
Other Revenue	25.21	25.21	25.09	24.13	17.08	32.6
Revenue	889.25	867.97	798.36	755.09	521.12	447.15
Revenue Growth	5.63%	8.72%	5.73%	44.90%	16.54%	29.71%
Cost of Revenue	410.22	395.38	378.74	396.98	271.34	272.05
Gross Profit	479.03	472.59	419.62	358.11	249.78	175.1
Selling, General & Admin	103.12	108.04	113	106.81	89.49	68.14
Research & Development	93.71	90.87	84.8	70.09	49.79	34.64
Other Operating Expenses	15.34	15.15	14.06	9.27	10.42	6.76
Operating Expenses	209.69	211.59	210.61	189.18	149.59	109.86
Operating Income	269.33	260.99	209.01	168.93	100.19	65.24
Interest Expense	-1.09	-1.09	-0.52	-0.25	-0.87	-0.35
Interest & Investment Income	32.68	36.9	46.15	41.55	22.8	3.5
Currency Exchange Gain (Loss)	-	-	-	-0	0	-0
Other Non Operating Income (Expenses)	4.7	-0.66	-0.34	-1.3	-0.55	7.67
EBT Excluding Unusual Items	305.63	296.15	254.3	208.92	121.57	76.06
Impairment of Goodwill	-	-	-	-0.69	-1.14	-0.2
Gain (Loss) on Sale of Investments	6.59	6.49	7.98	0.4	-	-4.02
Gain (Loss) on Sale of Assets	1.86	-0.29	-0.05	-0.07	0.08	-0.19
Asset Writedown	-0.53	-	-0.41	-	-	-1.33
Other Unusual Items	16.83	16.83	18.8	28.31	20.32	24.5
Pretax Income	330.38	319.19	281.75	236.87	140.83	94.82
Income Tax Expense	45.03	42.39	26.87	25.47	10.48	13.26
Earnings From Continuing Operations	285.35	276.8	254.88	211.4	130.36	81.56
Minority Interest in Earnings	-30.16	-28.07	-26.2	-22.07	-	-
Net Income	255.19	248.72	228.67	189.34	130.36	81.56
Net Income to Common	255.19	248.72	228.67	189.34	130.36	81.56
Net Income Growth	4.13%	8.77%	20.78%	45.25%	59.83%	25.24%
Shares Outstanding (Basic)	317	317	317	277	237	157
Shares Outstanding (Diluted)	317	317	317	277	237	157
Shares Change	-0.35%	-0.01%	14.29%	16.66%	51.39%	-
EPS (Basic)	0.81	0.79	0.72	0.68	0.55	0.52
EPS (Diluted)	0.81	0.79	0.72	0.68	0.55	0.52
EPS Growth	4.50%	8.78%	5.68%	24.50%	5.58%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	417.21	348.49	339.24	228.67	117.56	94.94
Free Cash Flow Per Share	1.32	1.10	1.07	0.82	0.49	0.60
Dividend Per Share	0.436	0.436	0.398	0.257	-	-
Dividend Growth	81.67%	9.55%	54.86%	-	-	-
Gross Margin	53.87%	54.45%	52.56%	47.43%	47.93%	39.16%
Operating Margin	30.29%	30.07%	26.18%	22.37%	19.23%	14.59%
Profit Margin	28.70%	28.66%	28.64%	25.07%	25.01%	18.24%
Free Cash Flow Margin	46.92%	40.15%	42.49%	30.28%	22.56%	21.23%
EBITDA	390.71	387.78	341.16	294.27	217.03	172.56
EBITDA Margin	43.94%	44.68%	42.73%	38.97%	41.65%	38.59%
D&A For EBITDA	121.38	126.78	132.16	125.34	116.84	107.32
EBIT	269.33	260.99	209.01	168.93	100.19	65.24
EBIT Margin	30.29%	30.07%	26.18%	22.37%	19.23%	14.59%
Effective Tax Rate	13.63%	13.28%	9.54%	10.75%	7.44%	13.99%
Revenue as Reported	867.97	867.97	798.36	755.09	521.12	447.15
Advertising Expenses	-	0.14	0.24	0.22	0.28	0.28