SHA:688432 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	981.11	932.81	865.8	1,120	821.36
Other Revenue	24.14	63.14	94.6	55.58	47.79
Revenue	1,005	995.95	960.4	1,175	869.16
Revenue Growth (YoY)	0.93%	3.70%	-18.29%	35.23%	56.16%
Cost of Revenue	641.66	628.1	638.94	726.92	627.63
Gross Profit	363.59	367.84	321.47	448.4	241.53
Selling, General & Admin	61.83	53.14	47.53	51.18	88.32
Research & Development	92.41	78.28	82.22	84.7	76.41
Other Operating Expenses	-16.87	-3.75	-0.91	-2.87	-4.63
Operating Expenses	138.45	128.54	129.13	132.74	161.38
Operating Income	225.14	239.3	192.34	315.66	80.15
Interest Expense	-0.2	-0.34	-0.22	-0.13	-0.2
Interest & Investment Income	9.55	20.45	46.7	19.13	10.2
Currency Exchange Gain (Loss)	-2.69	0.63	5.95	57.74	-7.03
Other Non Operating Income (Expenses)	-0.17	-0.3	-0.14	-0.26	20.06
EBT Excluding Unusual Items	231.62	259.75	244.63	392.15	103.18
Gain (Loss) on Sale of Investments	-10.92	8.35	12.59	-4.43	-
Gain (Loss) on Sale of Assets	0.08	0.08	-0	-0.73	-0.23
Asset Writedown	-	-0.89	-0.26	-	-
Other Unusual Items	66.43	51	67.45	42.29	83.74
Pretax Income	287.2	318.29	324.41	429.28	186.7
Income Tax Expense	41.2	49.07	36.15	-	-
Earnings From Continuing Operations	246	269.23	288.26	429.28	186.7
Minority Interest in Earnings	-36.72	-36.32	-34.08	-77.96	-38.33
Net Income	209.28	232.9	254.18	351.33	148.36
Net Income to Common	209.28	232.9	254.18	351.33	148.36
Net Income Growth	-10.14%	-8.37%	-27.65%	136.80%	30.63%
Shares Outstanding (Basic)	1,244	1,245	1,248	1,098	989
Shares Outstanding (Diluted)	1,244	1,245	1,248	1,098	989
Shares Change (YoY)	-0.05%	-0.22%	13.64%	11.00%	-24.01%
EPS (Basic)	0.17	0.19	0.20	0.32	0.15
EPS (Diluted)	0.17	0.19	0.20	0.32	0.15
EPS Growth	-10.10%	-6.45%	-37.50%	113.33%	71.90%
Free Cash Flow	130.4	10.7	159.77	254.38	15.11
Free Cash Flow Per Share	0.10	0.01	0.13	0.23	0.01
Dividend Per Share	-	-	0.070	-	-
Gross Margin	36.17%	36.93%	33.47%	38.15%	27.79%
Operating Margin	22.40%	24.03%	20.03%	26.86%	9.22%
Profit Margin	20.82%	23.39%	26.47%	29.89%	17.07%
Free Cash Flow Margin	12.97%	1.07%	16.63%	21.64%	1.74%
EBITDA	319.5	324.27	274.92	397.74	152.83
EBITDA Margin	31.78%	32.56%	28.63%	33.84%	17.58%
D&A For EBITDA	94.36	84.96	82.59	82.08	72.68
EBIT	225.14	239.3	192.34	315.66	80.15
EBIT Margin	22.40%	24.03%	20.03%	26.86%	9.22%
Effective Tax Rate	14.34%	15.42%	11.14%	-	-
Revenue as Reported	1,005	995.95	-	1,175	869.16

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