SHA:688526 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	950.29	933.04	1,027	974.14	1,083
Other Revenue	-	8.88	37.14	27.12	19.86
Revenue	950.29	941.92	1,064	1,001	1,103
Revenue Growth (YoY)	0.89%	-11.48%	6.27%	-9.22%	30.81%
Cost of Revenue	-	360.45	321.43	279.05	230.42
Gross Profit	950.29	581.48	742.65	722.22	872.6
Selling, General & Admin	-	169.4	213.2	219.26	201.91
Research & Development	-	86.12	88.51	102.75	80
Other Operating Expenses	471.88	-0.93	-0.82	6.29	5.92
Operating Expenses	471.88	266.47	385.36	339.01	296.9
Operating Income	478.42	315.01	357.29	383.21	575.71
Interest Expense	-	-4.77	-8.16	-5.45	-1.81
Interest & Investment Income	-	73.17	94.12	75.69	71.86
Currency Exchange Gain (Loss)	-	0	0.05	-	-
Other Non Operating Income (Expenses)	-1.57	-0.72	-0.21	-0.2	-0.27
EBT Excluding Unusual Items	476.84	382.69	443.1	453.25	645.48
Impairment of Goodwill	-	-3.31	-	-	-
Gain (Loss) on Sale of Investments	-	30.99	-10.19	1.44	-
Gain (Loss) on Sale of Assets	-	0.93	-	-	-
Asset Writedown	-	-0.53	-1.72	-0.14	-1.57
Legal Settlements	-	-	-	-	0.82
Other Unusual Items	-	27.36	26.39	12.06	15.32
Pretax Income	476.84	438.13	457.58	466.61	660.05
Income Tax Expense	61.25	56.64	62	57.46	89.41
Earnings From Continuing Operations	415.6	381.49	395.58	409.15	570.64
Minority Interest in Earnings	-	0.86	0.35	0.37	0.11
Net Income	415.6	382.35	395.93	409.52	570.74
Net Income to Common	415.6	382.35	395.93	409.52	570.74
Net Income Growth	8.70%	-3.43%	-3.32%	-28.25%	27.45%
Shares Outstanding (Basic)	462	466	466	465	464
Shares Outstanding (Diluted)	462	466	466	465	464
Shares Change (YoY)	-0.97%	0.10%	0.10%	0.29%	20.20%
EPS (Basic)	0.90	0.82	0.85	0.88	1.23
EPS (Diluted)	0.90	0.82	0.85	0.88	1.23
EPS Growth	9.76%	-3.53%	-3.41%	-28.46%	6.03%
Free Cash Flow	-	285.74	433.53	320.86	156.82
Free Cash Flow Per Share	-	0.61	0.93	0.69	0.34
Dividend Per Share	-	0.430	0.430	0.190	0.190
Dividend Growth	-	-	126.32%	-	-34.48%
Gross Margin	100.00%	61.73%	69.79%	72.13%	79.11%
Operating Margin	50.34%	33.44%	33.58%	38.27%	52.19%
Profit Margin	43.73%	40.59%	37.21%	40.90%	51.74%
Free Cash Flow Margin	-	30.34%	40.74%	32.05%	14.22%
EBITDA	586.64	423.23	470.54	480.16	638.35
EBITDA Margin	61.73%	44.93%	44.22%	47.95%	57.87%
D&A For EBITDA	108.22	108.22	113.24	96.95	62.64
EBIT	478.42	315.01	357.29	383.21	575.71
EBIT Margin	50.34%	33.44%	33.58%	38.27%	52.19%
Effective Tax Rate	12.84%	12.93%	13.55%	12.31%	13.55%
Revenue as Reported	-	941.92	1,064	1,001	1,103
Advertising Expenses	-	25.7	34.1	2.87	2.96

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