SHA:688522 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	460.12	345.05	212.44	209.87	183
Other Revenue	-	0.22	0.05	0.14	0.04
Revenue	460.12	345.28	212.49	210.01	183.03
Revenue Growth (YoY)	33.26%	62.49%	1.18%	14.74%	39.41%
Cost of Revenue	-	124.67	51.2	40.28	36.09
Gross Profit	460.12	220.61	161.29	169.73	146.94
Selling, General & Admin	-	60.07	56.3	30.85	21.43
Research & Development	-	78.48	57.18	42.28	31.8
Other Operating Expenses	348.9	-12.21	-7.49	-4.81	-3.67
Operating Expenses	348.9	164.65	133.4	79.89	56.55
Operating Income	111.22	55.96	27.89	89.84	90.39
Interest Expense	-	-0.99	-2.17	-0.98	-0.31
Interest & Investment Income	-	35.39	38.52	4.41	3.64
Currency Exchange Gain (Loss)	-	0.04	-0.02	0.06	-0.01
Other Non Operating Income (Expenses)	-0.44	-0.2	-0.07	-0.01	-0.07
EBT Excluding Unusual Items	110.77	90.2	64.15	93.32	93.63
Gain (Loss) on Sale of Investments	-	0.6	-	-	-
Gain (Loss) on Sale of Assets	-	-0.05	0.02	-	-0
Asset Writedown	-	-8.55	-	-	-
Other Unusual Items	-	-3.87	1.37	23.9	15.24
Pretax Income	110.77	78.33	65.54	117.22	108.87
Income Tax Expense	2.3	1.72	2.24	11.26	12.26
Net Income	108.47	76.61	63.3	105.95	96.62
Net Income to Common	108.47	76.61	63.3	105.95	96.62
Net Income Growth	41.58%	21.03%	-40.26%	9.66%	45.09%
Shares Outstanding (Basic)	301	306	295	228	228
Shares Outstanding (Diluted)	301	306	295	228	228
Shares Change (YoY)	-1.68%	3.74%	29.44%	0.03%	0.34%
EPS (Basic)	0.36	0.25	0.21	0.46	0.42
EPS (Diluted)	0.36	0.25	0.21	0.46	0.42
EPS Growth	44.00%	16.66%	-53.84%	9.63%	45.63%
Free Cash Flow	-	34.68	-60.06	10.47	24.16
Free Cash Flow Per Share	-	0.11	-0.20	0.05	0.11
Dividend Per Share	-	0.071	0.076	0.255	-
Dividend Growth	-	-6.67%	-70.01%	-	-
Gross Margin	100.00%	63.89%	75.90%	80.82%	80.28%
Operating Margin	24.17%	16.21%	13.13%	42.78%	49.39%
Profit Margin	23.57%	22.19%	29.79%	50.45%	52.79%
Free Cash Flow Margin	-	10.04%	-28.27%	4.98%	13.20%
EBITDA	134.59	79.33	46.46	105.48	101.13
EBITDA Margin	29.25%	22.98%	21.87%	50.22%	55.25%
D&A For EBITDA	23.37	23.37	18.57	15.64	10.73
EBIT	111.22	55.96	27.89	89.84	90.39
EBIT Margin	24.17%	16.21%	13.13%	42.78%	49.39%
Effective Tax Rate	2.08%	2.19%	3.42%	9.61%	11.26%
Revenue as Reported	-	345.28	212.49	210.01	183.03
Advertising Expenses	-	4.64	6.97	2.35	1.93

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