SHA:688400 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	2,923	2,233	2,640	2,748	2,436
Other Revenue	-	0.69	0.54	0.49	0.2
Revenue	2,923	2,234	2,641	2,749	2,436
Revenue Growth (YoY)	30.87%	-15.42%	-3.92%	12.83%	38.77%
Cost of Revenue	-	1,477	1,837	1,843	1,629
Gross Profit	2,923	756.48	804.42	905.51	807.14
Selling, General & Admin	-	429.13	442.84	427.71	389.56
Research & Development	-	407.66	429.05	373.82	280.61
Other Operating Expenses	2,782	-52.07	-52.96	-42.73	-28.4
Operating Expenses	2,782	792.64	817.91	791.43	660.64
Operating Income	141.88	-36.17	-13.49	114.08	146.5
Interest Expense	-	-5.51	-2.13	-9.93	-5.72
Interest & Investment Income	-	76.4	100.19	27.5	9.03
Currency Exchange Gain (Loss)	-	-4.68	0.33	-10.49	3.11
Other Non Operating Income (Expenses)	2.02	-0.92	-1.11	-1.07	-1.61
EBT Excluding Unusual Items	143.9	29.14	83.79	120.09	151.32
Gain (Loss) on Sale of Investments	-	-	-	-13.95	-
Gain (Loss) on Sale of Assets	-	-0.31	4.77	0.01	0.06
Asset Writedown	-	-0.04	-0.44	-0.25	-
Other Unusual Items	-	44.26	30.4	23.92	19.5
Pretax Income	143.9	73.04	118.52	129.83	170.88
Income Tax Expense	-16.96	-27.53	-31.55	-57.26	-2.12
Earnings From Continuing Operations	160.86	100.57	150.07	187.09	173
Minority Interest in Earnings	-	6.49	13.86	0.58	-1.13
Net Income	160.86	107.07	163.93	187.67	171.86
Net Income to Common	160.86	107.07	163.93	187.67	171.86
Net Income Growth	50.24%	-34.69%	-12.65%	9.20%	28.22%
Shares Outstanding (Basic)	460	466	468	408	358
Shares Outstanding (Diluted)	460	466	468	408	358
Shares Change (YoY)	-1.27%	-0.62%	14.81%	13.94%	1.66%
EPS (Basic)	0.35	0.23	0.35	0.46	0.48
EPS (Diluted)	0.35	0.23	0.35	0.46	0.48
EPS Growth	52.17%	-34.29%	-23.91%	-4.17%	26.32%
Free Cash Flow	-	-89.67	141.23	-289.71	-222.57
Free Cash Flow Per Share	-	-0.19	0.30	-0.71	-0.62
Dividend Per Share	-	0.025	0.050	0.125	-
Dividend Growth	-	-50.00%	-60.00%	-	-
Gross Margin	100.00%	33.87%	30.46%	32.94%	33.13%
Operating Margin	4.85%	-1.62%	-0.51%	4.15%	6.01%
Profit Margin	5.50%	4.79%	6.21%	6.83%	7.05%
Free Cash Flow Margin	-	-4.01%	5.35%	-10.54%	-9.14%
EBITDA	188.19	10.14	33.82	140.51	169.83
EBITDA Margin	6.44%	0.45%	1.28%	5.11%	6.97%
D&A For EBITDA	46.31	46.31	47.32	26.43	23.33
EBIT	141.88	-36.17	-13.49	114.08	146.5
EBIT Margin	4.85%	-1.62%	-0.51%	4.15%	6.01%
Revenue as Reported	-	2,234	2,641	2,749	2,436

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