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	949.74	933.04	1,027	974.14	1,083
Other Revenue	-	8.88	37.14	27.12	19.86
Revenue	949.74	941.92	1,064	1,001	1,103
Revenue Growth (YoY)	0.83%	-11.48%	6.27%	-9.22%	30.81%
Cost of Revenue	313.67	360.45	321.43	279.05	230.42
Gross Profit	636.07	581.48	742.65	722.22	872.6
Selling, General & Admin	165.04	169.4	213.2	219.26	201.91
Research & Development	96.41	86.12	88.51	102.75	80
Other Operating Expenses	-13.61	-0.93	-0.82	6.29	5.92
Operating Expenses	247.84	266.47	385.36	339.01	296.9
Operating Income	388.23	315.01	357.29	383.21	575.71
Interest Expense	-	-4.77	-8.16	-5.45	-1.81
Interest & Investment Income	7.41	73.17	94.12	75.69	71.86
Currency Exchange Gain (Loss)	-	0	0.05	-	-
Other Non Operating Income (Expenses)	65.27	-0.72	-0.21	-0.2	-0.27
EBT Excluding Unusual Items	460.91	382.69	443.1	453.25	645.48
Impairment of Goodwill	-	-3.31	-	-	-
Gain (Loss) on Sale of Investments	33.27	30.99	-10.19	1.44	-
Gain (Loss) on Sale of Assets	-	0.93	-	-	-
Asset Writedown	-12.64	-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	481.54	438.13	457.58	466.61	660.05
Income Tax Expense	64.6	56.64	62	57.46	89.41
Earnings From Continuing Operations	416.94	381.49	395.58	409.15	570.64
Minority Interest in Earnings	1.78	0.86	0.35	0.37	0.11
Net Income	418.72	382.35	395.93	409.52	570.74
Net Income to Common	418.72	382.35	395.93	409.52	570.74
Net Income Growth	9.51%	-3.43%	-3.32%	-28.25%	27.45%
Shares Outstanding (Basic)	465	466	466	465	464
Shares Outstanding (Diluted)	465	466	466	465	464
Shares Change (YoY)	-0.22%	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	344.66	285.74	433.53	320.86	156.82
Free Cash Flow Per Share	0.74	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	66.97%	61.73%	69.79%	72.13%	79.11%
Operating Margin	40.88%	33.44%	33.58%	38.27%	52.19%
Profit Margin	44.09%	40.59%	37.21%	40.90%	51.74%
Free Cash Flow Margin	36.29%	30.34%	40.74%	32.05%	14.22%
EBITDA	499.99	423.23	470.54	480.16	638.35
EBITDA Margin	52.64%	44.93%	44.22%	47.95%	57.87%
D&A For EBITDA	111.76	108.22	113.24	96.95	62.64
EBIT	388.23	315.01	357.29	383.21	575.71
EBIT Margin	40.88%	33.44%	33.58%	38.27%	52.19%
Effective Tax Rate	13.41%	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.