SHA:688363 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	3,691	4,195	5,361	6,075	6,359	4,947
Other Revenue	3.76	3.76	9.49	0.6	0.41	0.55
Revenue	3,695	4,199	5,371	6,076	6,359	4,948
Revenue Growth	-23.36%	-21.82%	-11.61%	-4.45%	28.53%	87.93%
Cost of Revenue	1,259	1,352	1,482	1,659	1,482	1,118
Gross Profit	2,435	2,847	3,889	4,417	4,877	3,829
Selling, General & Admin	1,798	2,055	3,118	3,331	3,439	2,736
Research & Development	452.97	472.14	466.25	446.35	388.19	284.34
Other Operating Expenses	64.86	42.77	46.48	62.01	73.25	56.95
Operating Expenses	2,357	2,612	3,656	3,847	3,915	3,083
Operating Income	77.72	235.23	232.36	570.18	961.48	746.46
Interest Expense	-6.42	-6.42	-9.17	-10.74	-14.52	-11.08
Interest & Investment Income	30.89	7.63	14.11	39.78	50.44	45.07
Currency Exchange Gain (Loss)	5.23	5.23	2.97	3.9	25.19	-12.05
Other Non Operating Income (Expenses)	-10.44	2.58	-4.76	1.71	-3.88	-2.62
EBT Excluding Unusual Items	96.99	244.26	235.51	604.84	1,019	765.77
Impairment of Goodwill	-3.06	-3.06	-74.09	-	-	-
Gain (Loss) on Sale of Investments	21.25	14.15	-11.48	-18.74	-0.14	7.39
Gain (Loss) on Sale of Assets	1.46	0.42	-0.11	-3.42	-0.24	0.04
Asset Writedown	28.53	-2.36	-0.86	-1.87	-0.53	-3.91
Other Unusual Items	80.4	80.4	64.43	120.91	118.32	120.9
Pretax Income	225.56	333.8	213.39	701.72	1,136	890.2
Income Tax Expense	2.05	42.65	44.99	118.98	174.73	114.64
Earnings From Continuing Operations	223.51	291.15	168.41	582.74	961.38	775.56
Minority Interest in Earnings	0.49	0.91	5.86	9.81	9.54	6.78
Net Income	224	292.06	174.27	592.56	970.92	782.33
Net Income to Common	224	292.06	174.27	592.56	970.92	782.33
Net Income Growth	319.83%	67.59%	-70.59%	-38.97%	24.10%	21.14%
Shares Outstanding (Basic)	477	479	484	482	481	480
Shares Outstanding (Diluted)	477	479	484	482	483	483
Shares Change	-1.24%	-1.09%	0.48%	-0.27%	0.03%	0.95%
EPS (Basic)	0.47	0.61	0.36	1.23	2.02	1.63
EPS (Diluted)	0.47	0.61	0.36	1.23	2.01	1.62
EPS Growth	325.10%	69.44%	-70.73%	-38.81%	24.07%	20.00%

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	585.28	301.77	-156.88	-330.68	-61.22	491.85
Free Cash Flow Per Share	1.23	0.63	-0.32	-0.69	-0.13	1.02
Dividend Per Share	0.190	0.190	0.110	0.380	0.610	0.490
Dividend Growth	72.73%	72.73%	-71.05%	-37.70%	24.49%	19.51%
Gross Margin	65.91%	67.80%	72.41%	72.69%	76.69%	77.40%
Operating Margin	2.10%	5.60%	4.33%	9.38%	15.12%	15.09%
Profit Margin	6.06%	6.96%	3.25%	9.75%	15.27%	15.81%
Free Cash Flow Margin	15.84%	7.19%	-2.92%	-5.44%	-0.96%	9.94%
EBITDA	404.28	537.69	471.59	775.49	1,124	866.92
EBITDA Margin	10.94%	12.80%	8.78%	12.76%	17.68%	17.52%
D&A For EBITDA	326.56	302.46	239.23	205.31	162.69	120.46
EBIT	77.72	235.23	232.36	570.18	961.48	746.46
EBIT Margin	2.10%	5.60%	4.33%	9.38%	15.12%	15.09%
Effective Tax Rate	0.91%	12.78%	21.08%	16.96%	15.38%	12.88%
Revenue as Reported	4,199	4,199	5,371	6,076	6,359	4,948
Advertising Expenses	-	649.37	1,377	1,790	2,051	1,583