SHA:688371 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	528.52	450.45	304.56	377.09	397.81
Other Revenue	-	29.01	4.35	18.47	12.59
Revenue	528.52	479.46	308.91	395.56	410.4
Revenue Growth (YoY)	10.23%	55.21%	-21.91%	-3.62%	72.54%
Cost of Revenue	-	225.75	163.19	174.67	187.41
Gross Profit	528.52	253.72	145.71	220.89	222.99
Selling, General & Admin	-	125.42	154.96	151.53	123.56
Research & Development	-	89.81	85.87	51.21	39.8
Other Operating Expenses	504.54	6.35	1.28	2.29	1.99
Operating Expenses	504.54	224.33	241.14	203.21	171.02
Operating Income	23.98	29.38	-95.43	17.67	51.97
Interest Expense	-	-0.19	-0.33	-5.03	-3.71
Interest & Investment Income	-	10.65	34.35	2.37	2.04
Currency Exchange Gain (Loss)	-	2.78	3.2	7.91	-0.2
Other Non Operating Income (Expenses)	-1.91	0.08	-0.43	0.04	-0.57
EBT Excluding Unusual Items	22.07	42.71	-58.65	22.97	49.53
Gain (Loss) on Sale of Investments	-	7	3.6	1.49	-
Gain (Loss) on Sale of Assets	-	3.13	-1.31	1.3	-0.03
Other Unusual Items	-	-0.63	6.99	16.5	3.49
Pretax Income	22.07	52.22	-49.36	42.25	52.99
Income Tax Expense	-8.25	7.11	-7.81	8.93	13.68
Net Income	30.33	45.11	-41.55	33.32	39.32
Net Income to Common	30.33	45.11	-41.55	33.32	39.32
Net Income Growth	-32.77%	-	-	-15.24%	-29.23%
Shares Outstanding (Basic)	337	347	346	278	246
Shares Outstanding (Diluted)	337	347	346	278	246
Shares Change (YoY)	-2.89%	0.20%	24.70%	13.01%	302.40%
EPS (Basic)	0.09	0.13	-0.12	0.12	0.16
EPS (Diluted)	0.09	0.13	-0.12	0.12	0.16
EPS Growth	-30.77%	-	-	-25.00%	-82.41%
Free Cash Flow	-	-108.29	-340.32	-81.17	-226.81
Free Cash Flow Per Share	-	-0.31	-0.98	-0.29	-0.92
Gross Margin	100.00%	52.92%	47.17%	55.84%	54.34%
Operating Margin	4.54%	6.13%	-30.89%	4.47%	12.66%
Profit Margin	5.74%	9.41%	-13.45%	8.42%	9.58%
Free Cash Flow Margin	-	-22.59%	-110.17%	-20.52%	-55.27%
EBITDA	114.7	120.1	-30.55	70.73	89.96
EBITDA Margin	21.70%	25.05%	-9.89%	17.88%	21.92%
D&A For EBITDA	90.72	90.72	64.88	53.06	37.99
EBIT	23.98	29.38	-95.43	17.67	51.97
EBIT Margin	4.54%	6.13%	-30.89%	4.47%	12.66%
Effective Tax Rate	-	13.62%	-	21.13%	25.81%
Revenue as Reported	-	479.46	308.91	395.56	410.4
Advertising Expenses	-	2.15	1.31	0.84	0.78

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