SHA:688449 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	1,331	1,171	1,016	552.85	570.02
Other Revenue	-	2.68	17.54	20.24	8.72
Revenue	1,331	1,174	1,034	573.09	578.74
Revenue Growth (YoY)	13.42%	13.55%	80.38%	-0.97%	72.02%
Cost of Revenue	-	629.16	568.25	360.22	379.64
Gross Profit	1,331	544.62	465.48	212.87	199.1
Selling, General & Admin	-	87.8	65.02	56.39	36.43
Research & Development	-	425.18	379.71	252.74	154.75
Other Operating Expenses	1,189	-21	-11.08	-0.01	0.22
Operating Expenses	1,189	499.2	434.44	310.14	191.34
Operating Income	142.2	45.42	31.05	-97.27	7.75
Interest Expense	-	-4.81	-3.35	-1.6	-0.91
Interest & Investment Income	-	3.19	2.47	2.45	1.15
Currency Exchange Gain (Loss)	-	0.88	1.62	0.25	-2.1
Other Non Operating Income (Expenses)	-0.1	-0.08	-0.09	-0.16	-0.12
EBT Excluding Unusual Items	142.1	44.61	31.7	-96.34	5.77
Gain (Loss) on Sale of Investments	-	-0.01	-0.04	-0.7	1.58
Gain (Loss) on Sale of Assets	-	-0.03	-	-0.71	-0.04
Asset Writedown	-	-0.34	-	-	-
Other Unusual Items	-	73.83	20.56	18.59	39.4
Pretax Income	142.1	118.06	52.23	-79.16	46.72
Income Tax Expense	-	-	-	0.01	1.59
Net Income	142.1	118.06	52.23	-79.16	45.12
Net Income to Common	142.1	118.06	52.23	-79.16	45.12
Net Income Growth	20.36%	126.04%	-	-	-
Shares Outstanding (Basic)	458	369	348	360	44
Shares Outstanding (Diluted)	458	369	348	360	44
Shares Change (YoY)	24.24%	5.96%	-3.23%	710.45%	-
EPS (Basic)	0.31	0.32	0.15	-0.22	1.02
EPS (Diluted)	0.31	0.32	0.15	-0.22	1.02
EPS Growth	-3.13%	113.33%	-	-	-
Free Cash Flow	-	-99.01	94.05	-33.68	-149.88
Free Cash Flow Per Share	-	-0.27	0.27	-0.09	-3.38
Gross Margin	100.00%	46.40%	45.03%	37.14%	34.40%
Operating Margin	10.68%	3.87%	3.00%	-16.97%	1.34%
Profit Margin	10.67%	10.06%	5.05%	-13.81%	7.80%
Free Cash Flow Margin	-	-8.43%	9.10%	-5.88%	-25.90%
EBITDA	196.98	100.2	73.62	-75.48	20.52
EBITDA Margin	14.79%	8.54%	7.12%	-13.17%	3.55%
D&A For EBITDA	54.78	54.78	42.57	21.79	12.77
EBIT	142.2	45.42	31.05	-97.27	7.75
EBIT Margin	10.68%	3.87%	3.00%	-16.97%	1.34%
Effective Tax Rate	-	-	-	-	3.41%

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