SHA:688535 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	458.06	331.07	279.9	302.07	346.48
Other Revenue	-	0.57	3	1.16	0.72
Revenue	458.06	331.63	282.9	303.22	347.2
Revenue Growth (YoY)	38.12%	17.23%	-6.70%	-12.67%	40.20%
Cost of Revenue	-	247.7	207.28	221.64	246.58
Gross Profit	458.06	83.93	75.63	81.59	100.62
Selling, General & Admin	-	41.67	34.13	24.52	27.35
Research & Development	-	26.41	24.64	18.29	18.84
Other Operating Expenses	437.28	1.85	1.2	1.95	1.79
Operating Expenses	437.28	70.8	61.37	45.67	49.26
Operating Income	20.78	13.13	14.25	35.92	51.36
Interest Expense	-	-1.96	-0.73	-0.04	-4.04
Interest & Investment Income	-	20.32	14.65	1.85	0.02
Currency Exchange Gain (Loss)	-	0	-0.1	-1.29	0.55
Other Non Operating Income (Expenses)	-0.72	5.89	0.62	-0.05	-0.34
EBT Excluding Unusual Items	20.06	37.38	28.7	36.39	47.55
Gain (Loss) on Sale of Investments	-	-	-	-	-0.2
Gain (Loss) on Sale of Assets	-	0.11	-	-	-
Asset Writedown	-	-0.14	-0.01	-	-0.15
Other Unusual Items	-	6.46	5.1	5.7	6.54
Pretax Income	20.06	43.81	33.79	42.08	53.74
Income Tax Expense	-4.19	3.87	2.15	0.86	6.02
Earnings From Continuing Operations	24.25	39.94	31.64	41.23	47.73
Minority Interest in Earnings	-	0.13	-	-	-0.13
Net Income	24.25	40.06	31.64	41.23	47.6
Net Income to Common	24.25	40.06	31.64	41.23	47.6
Net Income Growth	-39.47%	26.63%	-23.26%	-13.39%	75.62%
Shares Outstanding (Basic)	81	80	75	61	49
Shares Outstanding (Diluted)	81	80	75	61	49
Shares Change (YoY)	0.89%	6.37%	24.25%	23.17%	14.47%
EPS (Basic)	0.30	0.50	0.42	0.68	0.97
EPS (Diluted)	0.30	0.50	0.42	0.68	0.97
EPS Growth	-40.00%	19.05%	-38.23%	-29.68%	53.50%
Free Cash Flow	-	-63.22	-39.86	2.22	-7.53
Free Cash Flow Per Share	-	-0.79	-0.53	0.04	-0.15
Dividend Per Share	-	0.300	0.300	0.200	0.100
Dividend Growth	-	-	50.00%	100.00%	-
Gross Margin	100.00%	25.31%	26.73%	26.91%	28.98%
Operating Margin	4.54%	3.96%	5.04%	11.85%	14.79%
Profit Margin	5.29%	12.08%	11.18%	13.60%	13.71%
Free Cash Flow Margin	-	-19.06%	-14.09%	0.73%	-2.17%
EBITDA	38.14	30.49	25.88	46.49	60.9
EBITDA Margin	8.33%	9.19%	9.15%	15.33%	17.54%
D&A For EBITDA	17.36	17.36	11.63	10.57	9.53
EBIT	20.78	13.13	14.25	35.92	51.36
EBIT Margin	4.54%	3.96%	5.04%	11.85%	14.79%
Effective Tax Rate	-	8.84%	6.36%	2.04%	11.19%
Revenue as Reported	-	331.63	282.9	303.22	-

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