SHA:688552 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	810.2	217.09	724.66	952.45	796.19
Other Revenue	-	0.73	1.02	0.56	0.88
Revenue	810.2	217.82	725.69	953.01	797.07
Revenue Growth (YoY)	271.96%	-69.98%	-23.85%	19.56%	3.22%
Cost of Revenue	-	182.61	494.19	559.51	494.31
Gross Profit	810.2	35.21	231.49	393.5	302.77
Selling, General & Admin	-	61.87	68.35	70.98	61.62
Research & Development	-	96.79	140.35	142.72	108.92
Other Operating Expenses	786.01	3.32	5.42	6.76	1.25
Operating Expenses	786.01	174.86	192.58	241.84	183.05
Operating Income	24.19	-139.66	38.92	151.66	119.72
Interest Expense	-	-0.05	-0.05	-0.1	-0.18
Interest & Investment Income	-	31.58	31.93	7.7	8.18
Other Non Operating Income (Expenses)	0.34	-0.09	0.03	-0.31	-0.24
EBT Excluding Unusual Items	24.53	-108.22	70.82	158.95	127.49
Gain (Loss) on Sale of Assets	-	0.01	-	-0.02	-
Other Unusual Items	-	3.53	29.79	4.45	9.74
Pretax Income	24.53	-104.68	100.61	163.39	137.23
Income Tax Expense	-7.42	-26.44	-1.84	6.58	6.71
Net Income	31.95	-78.23	102.46	156.81	130.52
Net Income to Common	31.95	-78.23	102.46	156.81	130.52
Net Income Growth	-	-	-34.66%	20.14%	-43.27%
Shares Outstanding (Basic)	355	340	301	253	251
Shares Outstanding (Diluted)	355	340	301	253	251
Shares Change (YoY)	4.37%	12.88%	19.14%	0.77%	0.38%
EPS (Basic)	0.09	-0.23	0.34	0.62	0.52
EPS (Diluted)	0.09	-0.23	0.34	0.62	0.52
EPS Growth	-	-	-45.16%	19.23%	-43.48%
Free Cash Flow	-	-379.65	157.67	-335.25	-74.25
Free Cash Flow Per Share	-	-1.12	0.52	-1.33	-0.30
Dividend Per Share	-	-	0.092	0.140	0.150
Dividend Growth	-	-	-34.29%	-6.54%	-55.63%
Gross Margin	100.00%	16.16%	31.90%	41.29%	37.98%
Operating Margin	2.99%	-64.12%	5.36%	15.91%	15.02%
Profit Margin	3.94%	-35.92%	14.12%	16.45%	16.38%
Free Cash Flow Margin	-	-174.30%	21.73%	-35.18%	-9.31%
EBITDA	39.96	-123.88	51.82	164.35	131.91
EBITDA Margin	4.93%	-56.87%	7.14%	17.25%	16.55%
D&A For EBITDA	15.78	15.78	12.9	12.69	12.19
EBIT	24.19	-139.66	38.92	151.66	119.72
EBIT Margin	2.99%	-64.12%	5.36%	15.91%	15.02%
Effective Tax Rate	-	-	-	4.03%	4.89%
Advertising Expenses	-	-	-	0.23	0.18

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