SHA:688377 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	1,207	1,084	1,154	944.72	525.95
Other Revenue	-	39.62	55.71	38.1	1.99
Revenue	1,207	1,124	1,210	982.82	527.94
Revenue Growth (YoY)	7.43%	-7.12%	23.12%	86.16%	-25.44%
Cost of Revenue	1,076	912.79	944.01	755.52	428.25
Gross Profit	131.31	211.1	266.06	227.3	99.69
Selling, General & Admin	-	72.18	67.49	59.8	48.72
Research & Development	-	38.92	43.16	39.89	25.62
Other Operating Expenses	-	9.44	0.94	1.98	2.7
Operating Expenses	-	122.39	113.35	115.39	77.69
Operating Income	131.31	88.72	152.71	111.91	22
Interest Expense	-	-6	-4.88	-4.38	-4.02
Interest & Investment Income	-	5.34	6.55	13.33	18.48
Currency Exchange Gain (Loss)	-	8.8	7.05	13.23	-3.64
Other Non Operating Income (Expenses)	-0.03	-1.65	-1.67	-1.09	-0.51
EBT Excluding Unusual Items	131.28	95.2	159.76	133	32.31
Gain (Loss) on Sale of Investments	-	-0.56	0.38	-0.85	-1.29
Gain (Loss) on Sale of Assets	-	-	0	-0.08	-3.51
Other Unusual Items	-	1.93	1.24	2.4	4
Pretax Income	131.28	96.57	161.38	134.46	31.52
Income Tax Expense	8.29	10.97	18.95	13	1.29
Earnings From Continuing Operations	122.99	85.6	142.43	121.46	30.23
Minority Interest in Earnings	-	-	-	-	1.96
Net Income	122.99	85.6	142.43	121.46	32.19
Net Income to Common	122.99	85.6	142.43	121.46	32.19
Net Income Growth	43.68%	-39.90%	17.27%	277.34%	-59.89%
Shares Outstanding (Basic)	195	195	192	193	189
Shares Outstanding (Diluted)	195	195	195	193	189
Shares Change (YoY)	0.35%	-0.29%	1.20%	1.82%	13.25%
EPS (Basic)	0.63	0.44	0.74	0.63	0.17
EPS (Diluted)	0.63	0.44	0.73	0.63	0.17
EPS Growth	43.18%	-39.73%	15.87%	270.59%	-64.58%
Free Cash Flow	-	-76.71	-65.29	-208.06	-146.4
Free Cash Flow Per Share	-	-0.39	-0.34	-1.08	-0.77
Dividend Per Share	-	0.140	0.230	0.160	-
Dividend Growth	-	-39.13%	43.75%	-	-
Gross Margin	10.88%	18.78%	21.99%	23.13%	18.88%
Operating Margin	10.88%	7.89%	12.62%	11.39%	4.17%
Profit Margin	10.19%	7.62%	11.77%	12.36%	6.10%
Free Cash Flow Margin	-	-6.83%	-5.39%	-21.17%	-27.73%
EBITDA	199.34	156.75	214.86	152.11	56.16
EBITDA Margin	16.51%	13.95%	17.76%	15.48%	10.64%
D&A For EBITDA	68.03	68.03	62.16	40.2	34.16
EBIT	131.31	88.72	152.71	111.91	22
EBIT Margin	10.88%	7.89%	12.62%	11.39%	4.17%
Effective Tax Rate	6.31%	11.36%	11.74%	9.67%	4.08%
Revenue as Reported	-	1,124	1,210	982.82	527.94
Advertising Expenses	-	1.53	0.81	0.74	1.58

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