SHA:688400 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	Mar '26 Mar 31, 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	2,906	2,923	2,233	2,640	2,748	2,436
Other Revenue	-	-	0.69	0.54	0.49	0.2
Revenue	2,906	2,923	2,234	2,641	2,749	2,436
Revenue Growth (YoY)	20.85%	30.87%	-15.42%	-3.92%	12.83%	38.77%
Cost of Revenue	-50.4	-	1,477	1,837	1,843	1,629
Gross Profit	2,957	2,923	756.48	804.42	905.51	807.14
Selling, General & Admin	3.89	-	429.13	442.84	427.71	389.56
Research & Development	-5.47	-	407.66	429.05	373.82	280.61
Other Operating Expenses	2,783	2,782	-52.07	-52.96	-42.73	-28.4
Operating Expenses	2,782	2,782	792.64	817.91	791.43	660.64
Operating Income	174.74	141.88	-36.17	-13.49	114.08	146.5
Interest Expense	-	-	-5.51	-2.13	-9.93	-5.72
Interest & Investment Income	16.71	-	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)	-12.04	2.02	-0.92	-1.11	-1.07	-1.61
EBT Excluding Unusual Items	179.41	143.9	29.14	83.79	120.09	151.32
Gain (Loss) on Sale of Investments	172.91	-	-	-	-13.95	-
Gain (Loss) on Sale of Assets	-0.49	-	-0.31	4.77	0.01	0.06
Asset Writedown	-0.93	-	-0.04	-0.44	-0.25	-
Other Unusual Items	-	-	44.26	30.4	23.92	19.5
Pretax Income	350.9	143.9	73.04	118.52	129.83	170.88
Income Tax Expense	6.23	-16.96	-27.53	-31.55	-57.26	-2.12
Earnings From Continuing Operations	344.67	160.86	100.57	150.07	187.09	173
Minority Interest in Earnings	0.97	-	6.49	13.86	0.58	-1.13
Net Income	345.64	160.86	107.07	163.93	187.67	171.86
Net Income to Common	345.64	160.86	107.07	163.93	187.67	171.86
Net Income Growth	168.51%	50.24%	-34.69%	-12.65%	9.20%	28.22%
Shares Outstanding (Basic)	451	460	466	468	408	358
Shares Outstanding (Diluted)	451	460	466	468	408	358
Shares Change (YoY)	6.46%	-1.27%	-0.62%	14.81%	13.94%	1.66%
EPS (Basic)	0.77	0.35	0.23	0.35	0.46	0.48
EPS (Diluted)	0.77	0.35	0.23	0.35	0.46	0.48
EPS Growth	152.21%	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	101.73%	100.00%	33.87%	30.46%	32.94%	33.13%
Operating Margin	6.01%	4.85%	-1.62%	-0.51%	4.15%	6.01%
Profit Margin	11.89%	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	174.74	141.88	-36.17	-13.49	114.08	146.5
EBIT Margin	6.01%	4.85%	-1.62%	-0.51%	4.15%	6.01%
Effective Tax Rate	1.78%	-	-	-	-	-
Revenue as Reported	-	-	2,234	2,641	2,749	2,436

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