SHA:688526 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	772.68	935.65	933.04	1,027	974.14	1,083
Other Revenue	14.09	14.09	8.88	37.14	27.12	19.86
Revenue	786.77	949.74	941.92	1,064	1,001	1,103
Revenue Growth	-22.43%	0.83%	-11.48%	6.27%	-9.22%	30.81%
Cost of Revenue	327.13	330.72	360.45	321.43	279.05	230.42
Gross Profit	459.64	619.03	581.48	742.65	722.22	872.6
Selling, General & Admin	144.63	160.28	169.4	213.2	219.26	201.91
Research & Development	113.83	96.41	86.12	88.51	102.75	80
Other Operating Expenses	5.96	1.28	-0.93	-0.82	6.29	5.92
Operating Expenses	282.81	247.8	266.47	385.36	339.01	296.9
Operating Income	176.83	371.23	315.01	357.29	383.21	575.71
Interest Expense	-	-	-4.77	-8.16	-5.45	-1.81
Interest & Investment Income	25.64	63.83	73.17	94.12	75.69	71.86
Currency Exchange Gain (Loss)	-0.89	-0.89	0	0.05	-	-
Other Non Operating Income (Expenses)	19.26	1.15	-0.72	-0.21	-0.2	-0.27
EBT Excluding Unusual Items	220.85	435.31	382.69	443.1	453.25	645.48
Impairment of Goodwill	-	-	-3.31	-	-	-
Gain (Loss) on Sale of Investments	22.85	33.27	30.99	-10.19	1.44	-
Gain (Loss) on Sale of Assets	0.75	-	0.93	-	-	-
Asset Writedown	-8.82	-1.28	-0.86	-1.72	-0.14	-1.57
Legal Settlements	-	-	-	-	-	0.82
Other Unusual Items	18.06	14.24	27.7	26.39	12.06	15.32
Pretax Income	253.69	481.54	438.13	457.58	466.61	660.05
Income Tax Expense	28.88	64.6	56.64	62	57.46	89.41
Earnings From Continuing Operations	224.81	416.94	381.49	395.58	409.15	570.64
Minority Interest in Earnings	2.18	1.78	0.86	0.35	0.37	0.11
Net Income	226.99	418.72	382.35	395.93	409.52	570.74
Net Income to Common	226.99	418.72	382.35	395.93	409.52	570.74
Net Income Growth	-50.60%	9.51%	-3.43%	-3.32%	-28.25%	27.45%
Shares Outstanding (Basic)	467	465	466	466	465	464
Shares Outstanding (Diluted)	467	465	466	466	465	464
Shares Change	-0.51%	-0.22%	0.10%	0.10%	0.29%	20.20%
EPS (Basic)	0.49	0.90	0.82	0.85	0.88	1.23
EPS (Diluted)	0.49	0.90	0.82	0.85	0.88	1.23
EPS Growth	-50.35%	9.76%	-3.53%	-3.41%	-28.46%	6.03%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	251.73	344.66	285.74	433.53	320.86	156.82
Free Cash Flow Per Share	0.54	0.74	0.61	0.93	0.69	0.34
Dividend Per Share	0.640	0.640	0.430	0.430	0.190	0.190
Dividend Growth	48.84%	48.84%	0%	126.32%	0%	-34.48%
Gross Margin	58.42%	65.18%	61.73%	69.79%	72.13%	79.11%
Operating Margin	22.48%	39.09%	33.44%	33.58%	38.27%	52.19%
Profit Margin	28.85%	44.09%	40.59%	37.21%	40.90%	51.74%
Free Cash Flow Margin	32.00%	36.29%	30.34%	40.74%	32.05%	14.22%
EBITDA	291.25	482.99	423.23	470.54	480.16	638.35
EBITDA Margin	37.02%	50.85%	44.93%	44.22%	47.95%	57.87%
D&A For EBITDA	114.42	111.76	108.22	113.24	96.95	62.64
EBIT	176.83	371.23	315.01	357.29	383.21	575.71
EBIT Margin	22.48%	39.09%	33.44%	33.58%	38.27%	52.19%
Effective Tax Rate	11.38%	13.41%	12.93%	13.55%	12.31%	13.55%
Revenue as Reported	211.88	949.74	941.92	1,064	1,001	1,103
Advertising Expenses	-	25.46	25.7	34.1	2.87	2.96