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	Jun '26 Jun 30, 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	2,994	2,911	2,233	2,640	2,748	2,436
Other Revenue	0.78	0.73	0.69	0.54	0.49	0.2
Revenue	2,995	2,912	2,234	2,641	2,749	2,436
Revenue Growth	19.14%	30.35%	-15.42%	-3.92%	12.83%	38.77%
Cost of Revenue	1,905	1,923	1,477	1,837	1,843	1,629
Gross Profit	1,090	988.8	756.48	804.42	905.51	807.14
Selling, General & Admin	513.74	511.17	429.13	442.84	427.71	389.56
Research & Development	513.45	481.39	407.66	429.05	373.82	280.61
Other Operating Expenses	-55.76	-57.3	-52.07	-52.96	-42.73	-28.4
Operating Expenses	1,014	961.78	789.21	817.91	791.43	660.64
Operating Income	75.76	27.02	-32.74	-13.49	114.08	146.5
Interest Expense	-15.94	-22.27	-5.51	-2.13	-9.93	-5.72
Interest & Investment Income	110.36	102.95	76.4	100.19	27.5	9.03
Currency Exchange Gain (Loss)	-19.93	-0.99	-4.68	0.33	-10.49	3.11
Other Non Operating Income (Expenses)	-7.06	-4.9	-4.35	-1.11	-1.07	-1.61
EBT Excluding Unusual Items	143.2	101.82	29.14	83.79	120.09	151.32
Gain (Loss) on Sale of Investments	608.12	0.28	-	-	-13.95	-
Gain (Loss) on Sale of Assets	0.1	0.5	-0.31	4.77	0.01	0.06
Asset Writedown	-0.24	-0.24	-0.04	-0.44	-0.25	-
Other Unusual Items	56.15	40.78	44.26	30.4	23.92	19.5
Pretax Income	807.32	143.13	73.04	118.52	129.83	170.88
Income Tax Expense	85.94	-18.19	-27.53	-31.55	-57.26	-2.12
Earnings From Continuing Operations	721.38	161.33	100.57	150.07	187.09	173
Minority Interest in Earnings	0.35	0.03	6.49	13.86	0.58	-1.13
Net Income	721.72	161.35	107.07	163.93	187.67	171.86
Net Income to Common	721.72	161.35	107.07	163.93	187.67	171.86
Net Income Growth	522.84%	50.70%	-34.69%	-12.65%	9.20%	28.22%
Shares Outstanding (Basic)	468	461	466	468	408	358
Shares Outstanding (Diluted)	468	461	466	468	408	358
Shares Change	0.81%	-0.97%	-0.62%	14.81%	13.94%	1.66%
EPS (Basic)	1.54	0.35	0.23	0.35	0.46	0.48
EPS (Diluted)	1.54	0.35	0.23	0.35	0.46	0.48
EPS Growth	517.82%	52.17%	-34.29%	-23.91%	-4.17%	26.32%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-45.94	51.1	-89.67	141.23	-289.71	-222.57
Free Cash Flow Per Share	-0.10	0.11	-0.19	0.30	-0.71	-0.62
Dividend Per Share	0.085	0.085	0.025	0.050	0.125	-
Dividend Growth	240.00%	240.00%	-50.00%	-60.00%	-	-
Gross Margin	36.38%	33.96%	33.87%	30.46%	32.94%	33.13%
Operating Margin	2.53%	0.93%	-1.47%	-0.51%	4.15%	6.01%
Profit Margin	24.10%	5.54%	4.79%	6.21%	6.83%	7.05%
Free Cash Flow Margin	-1.53%	1.75%	-4.01%	5.35%	-10.54%	-9.14%
EBITDA	180.28	96.71	47.97	33.82	140.51	169.83
EBITDA Margin	6.02%	3.32%	2.15%	1.28%	5.11%	6.97%
D&A For EBITDA	104.51	69.69	80.71	47.32	26.43	23.33
EBIT	75.76	27.02	-32.74	-13.49	114.08	146.5
EBIT Margin	2.53%	0.93%	-1.47%	-0.51%	4.15%	6.01%
Effective Tax Rate	10.64%	-	-	-	-	-
Revenue as Reported	2,995	2,912	2,234	2,641	2,749	2,436