SHA:688351 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	464.53	406.88	319.99	257.52	189.41
Other Revenue	-	6.28	9.21	2.81	0.62
Revenue	464.53	413.17	329.19	260.32	190.03
Revenue Growth (YoY)	12.43%	25.51%	26.46%	36.99%	34.50%
Cost of Revenue	-	173.49	120.66	81.13	53.09
Gross Profit	464.53	239.68	208.54	179.19	136.94
Selling, General & Admin	-	153.5	150.15	117.19	104.61
Research & Development	-	77.4	91.31	76.93	63.01
Other Operating Expenses	410.98	-23.63	-13.63	1.26	0.97
Operating Expenses	410.98	208.54	229.18	196.19	168.8
Operating Income	53.55	31.13	-20.64	-16.99	-31.86
Interest Expense	-	-0.89	-1.27	-0.72	-0.46
Interest & Investment Income	-	13.09	16.97	9.32	7.66
Currency Exchange Gain (Loss)	-	0.02	-0.56	-1.21	-0.23
Other Non Operating Income (Expenses)	-2.14	-0.23	0.96	2.25	-0.14
EBT Excluding Unusual Items	51.41	43.13	-4.54	-7.35	-25.02
Gain (Loss) on Sale of Investments	-	11.43	12.19	1.08	-2.88
Gain (Loss) on Sale of Assets	-	-0.03	-	0.02	-
Asset Writedown	-	-0.08	-0.04	-0.08	-0.12
Other Unusual Items	-	-2.32	-2	9.3	16.05
Pretax Income	51.41	52.13	5.61	2.97	-11.97
Income Tax Expense	0.26	0.06	-0.08	-0.1	-
Net Income	51.15	52.07	5.69	3.07	-11.97
Net Income to Common	51.15	52.07	5.69	3.07	-11.97
Net Income Growth	-1.76%	815.36%	85.17%	-	-
Shares Outstanding (Basic)	471	471	470	421	400
Shares Outstanding (Diluted)	471	471	470	421	400
Shares Change (YoY)	-0.05%	0.14%	11.71%	5.08%	4.62%
EPS (Basic)	0.11	0.11	0.01	0.01	-0.03
EPS (Diluted)	0.11	0.11	0.01	0.01	-0.03
EPS Growth	-1.72%	814.05%	65.75%	-	-
Free Cash Flow	-	23.52	-79.9	-41.31	-16.02
Free Cash Flow Per Share	-	0.05	-0.17	-0.10	-0.04
Gross Margin	100.00%	58.01%	63.35%	68.83%	72.06%
Operating Margin	11.53%	7.54%	-6.27%	-6.53%	-16.77%
Profit Margin	11.01%	12.60%	1.73%	1.18%	-6.30%
Free Cash Flow Margin	-	5.69%	-24.27%	-15.87%	-8.43%
EBITDA	81.12	58.7	0.61	-3.68	-21.05
EBITDA Margin	17.46%	14.21%	0.19%	-1.41%	-11.07%
D&A For EBITDA	27.57	27.57	21.26	13.31	10.82
EBIT	53.55	31.13	-20.64	-16.99	-31.86
EBIT Margin	11.53%	7.54%	-6.27%	-6.53%	-16.77%
Effective Tax Rate	0.51%	0.11%	-	-	-
Revenue as Reported	-	413.17	329.19	260.32	190.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.