SHA:688389 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	1,038	1,131	1,133	975.99	772.86
Other Revenue	-	16.55	12.58	7.05	5.24
Revenue	1,038	1,148	1,146	983.04	778.11
Revenue Growth (YoY)	-9.60%	0.20%	16.55%	26.34%	40.50%
Cost of Revenue	-	384.6	445.1	412.13	301.86
Gross Profit	1,038	763.44	700.62	570.92	476.25
Selling, General & Admin	-	221.81	220.54	193.63	155.21
Research & Development	-	201.5	172.68	170.79	155.81
Other Operating Expenses	855.55	-0.07	-7.74	-1.8	-3.37
Operating Expenses	855.55	430.89	390.12	365.24	309.61
Operating Income	182.28	332.55	310.5	205.68	166.64
Interest Expense	-	-4.76	-2.74	-0.12	-0.19
Interest & Investment Income	-	43.59	30.6	18.24	17.65
Currency Exchange Gain (Loss)	-	8.09	5.17	21.45	-4.96
Other Non Operating Income (Expenses)	1.08	-2.7	-0.82	-2.67	-0.48
EBT Excluding Unusual Items	183.36	376.78	342.72	242.58	178.65
Impairment of Goodwill	-	-14.35	-15.11	-	-
Gain (Loss) on Sale of Investments	-	1.37	-0.06	-	-
Gain (Loss) on Sale of Assets	-	-0.26	-0.72	-0.21	-0.13
Asset Writedown	-	-2.87	-0.52	-	-
Other Unusual Items	-	18.77	18.2	14.15	24.4
Pretax Income	183.36	379.43	344.51	256.51	202.91
Income Tax Expense	-2.73	36.47	17.01	5.34	12.72
Earnings From Continuing Operations	186.09	342.96	327.5	251.17	190.19
Minority Interest in Earnings	-	2.43	1.08	0.31	0.16
Net Income	186.09	345.39	328.58	251.48	190.35
Net Income to Common	186.09	345.39	328.58	251.48	190.35
Net Income Growth	-46.12%	5.12%	30.66%	32.12%	32.23%
Shares Outstanding (Basic)	433	426	427	419	423
Shares Outstanding (Diluted)	433	426	427	419	423
Shares Change (YoY)	1.49%	-0.07%	1.81%	-0.91%	-0.09%
EPS (Basic)	0.43	0.81	0.77	0.60	0.45
EPS (Diluted)	0.43	0.81	0.77	0.60	0.45
EPS Growth	-46.91%	5.20%	28.33%	33.33%	32.35%
Free Cash Flow	-	234.45	255.2	88.09	60.49
Free Cash Flow Per Share	-	0.55	0.60	0.21	0.14
Dividend Per Share	-	0.282	0.281	0.237	0.178
Dividend Growth	-	0.36%	18.57%	33.15%	-
Gross Margin	100.00%	66.50%	61.15%	58.08%	61.21%
Operating Margin	17.56%	28.97%	27.10%	20.92%	21.42%
Profit Margin	17.93%	30.09%	28.68%	25.58%	24.46%
Free Cash Flow Margin	-	20.42%	22.27%	8.96%	7.77%
EBITDA	216.83	367.1	338.74	228.81	184.39
EBITDA Margin	20.89%	31.98%	29.57%	23.28%	23.70%
D&A For EBITDA	34.55	34.55	28.24	23.13	17.75
EBIT	182.28	332.55	310.5	205.68	166.64
EBIT Margin	17.56%	28.97%	27.10%	20.92%	21.42%
Effective Tax Rate	-	9.61%	4.94%	2.08%	6.27%
Revenue as Reported	-	1,148	1,146	983.04	778.11

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