SHA:688513 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	1,348	1,116	1,170	1,023
Other Revenue	-	1.84	1.42	0.63	0.07
Revenue	1,331	1,350	1,117	1,171	1,023
Revenue Growth (YoY)	-1.36%	20.82%	-4.56%	14.43%	10.96%
Cost of Revenue	-	345.23	226.94	199.11	146.32
Gross Profit	1,331	1,005	890.18	971.4	876.62
Selling, General & Admin	-	552.93	483.43	564.44	528.06
Research & Development	-	262.77	237.45	229.99	199.59
Other Operating Expenses	1,019	17.37	17.46	18.15	15.75
Operating Expenses	1,019	836.11	737.98	814	741.14
Operating Income	312.52	168.42	152.2	157.4	135.47
Interest Expense	-	-3.68	-3.42	-2.61	-0.36
Interest & Investment Income	-	27.38	25.61	20.69	32.83
Currency Exchange Gain (Loss)	-	0.16	0	0.03	0.02
Other Non Operating Income (Expenses)	-13.14	0.28	-0.1	-0.11	-0.19
EBT Excluding Unusual Items	299.38	192.56	174.29	175.41	167.77
Gain (Loss) on Sale of Investments	-	14.92	14.57	19.99	13.69
Gain (Loss) on Sale of Assets	-	-0.11	0.03	0.19	-0.1
Other Unusual Items	-	45.22	52.76	66.4	65.56
Pretax Income	299.38	252.59	241.64	261.99	246.92
Income Tax Expense	16.13	14.35	15.07	15.47	14.49
Net Income	283.25	238.23	226.57	246.52	232.43
Net Income to Common	283.25	238.23	226.57	246.52	232.43
Net Income Growth	18.89%	5.15%	-8.09%	6.06%	30.46%
Shares Outstanding (Basic)	174	175	177	177	176
Shares Outstanding (Diluted)	174	175	177	177	176
Shares Change (YoY)	-0.80%	-1.04%	0.14%	0.37%	19.70%
EPS (Basic)	1.63	1.36	1.28	1.39	1.32
EPS (Diluted)	1.63	1.36	1.28	1.39	1.32
EPS Growth	19.85%	6.25%	-8.22%	5.68%	8.98%
Free Cash Flow	-	145.82	99.99	-187.38	-122.59
Free Cash Flow Per Share	-	0.83	0.56	-1.06	-0.70
Dividend Per Share	-	0.430	0.395	0.381	0.531
Dividend Growth	-	8.97%	3.57%	-28.19%	159.97%
Gross Margin	100.00%	74.42%	79.68%	82.99%	85.70%
Operating Margin	23.47%	12.48%	13.62%	13.45%	13.24%
Profit Margin	21.27%	17.65%	20.28%	21.06%	22.72%
Free Cash Flow Margin	-	10.80%	8.95%	-16.01%	-11.98%
EBITDA	393.89	249.79	225.43	215.75	168.08
EBITDA Margin	29.59%	18.51%	20.18%	18.43%	16.43%
D&A For EBITDA	81.37	81.37	73.23	58.35	32.6
EBIT	312.52	168.42	152.2	157.4	135.47
EBIT Margin	23.47%	12.48%	13.62%	13.45%	13.24%
Effective Tax Rate	5.39%	5.68%	6.24%	5.90%	5.87%
Revenue as Reported	-	1,350	1,117	1,171	1,023
Advertising Expenses	-	-	-	403	393.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.