SHA:688557 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	1,502	1,206	974.74	914.73	603.4
Other Revenue	-	1.39	0.76	0.72	0.49
Revenue	1,502	1,208	975.5	915.45	603.89
Revenue Growth (YoY)	24.39%	23.80%	6.56%	51.59%	33.66%
Cost of Revenue	1,095	821.35	639.45	669.16	399.6
Gross Profit	407.39	386.33	336.05	246.29	204.29
Selling, General & Admin	161.52	134.59	113.84	93.36	81.87
Research & Development	144.66	127.52	86.57	74.94	61.74
Other Operating Expenses	-41.44	-29.04	-5.8	-10.42	-9.31
Operating Expenses	264.74	288.34	237.28	167.11	143.06
Operating Income	142.64	97.99	98.77	79.18	61.23
Interest Expense	-	-0.25	-0.23	-	-0.05
Interest & Investment Income	4.15	5.67	6.6	7.9	10.78
Currency Exchange Gain (Loss)	-	-0.24	0.03	-1.33	0.01
Other Non Operating Income (Expenses)	-8.47	-2.45	-2.49	-3.84	-0.59
EBT Excluding Unusual Items	138.32	100.73	102.68	81.91	71.38
Gain (Loss) on Sale of Investments	0.41	0.21	0.07	0.46	2.91
Gain (Loss) on Sale of Assets	-	-0.14	-0.15	-0.36	-0.07
Asset Writedown	-28.93	-	-	-	-4.93
Other Unusual Items	-	13.81	15.57	14.41	17.6
Pretax Income	109.81	114.61	118.16	96.43	86.88
Income Tax Expense	0.34	2.54	7.73	5.91	6.38
Net Income	109.47	112.07	110.43	90.52	80.5
Net Income to Common	109.47	112.07	110.43	90.52	80.5
Net Income Growth	-2.32%	1.48%	21.99%	12.45%	-3.88%
Shares Outstanding (Basic)	102	102	102	101	102
Shares Outstanding (Diluted)	102	102	103	104	102
Shares Change (YoY)	0.42%	-1.29%	-0.65%	2.32%	29.89%
EPS (Basic)	1.07	1.10	1.08	0.89	0.79
EPS (Diluted)	1.07	1.10	1.07	0.87	0.79
EPS Growth	-2.73%	2.80%	22.79%	9.90%	-25.99%
Free Cash Flow	170.99	196.85	-86.85	-132.84	-69.72
Free Cash Flow Per Share	1.67	1.93	-0.84	-1.28	-0.69
Dividend Per Share	-	0.330	0.329	0.271	0.243
Dividend Growth	-	0.43%	21.08%	11.73%	-30.60%
Gross Margin	27.12%	31.99%	34.45%	26.90%	33.83%
Operating Margin	9.50%	8.11%	10.13%	8.65%	10.14%
Profit Margin	7.29%	9.28%	11.32%	9.89%	13.33%
Free Cash Flow Margin	11.38%	16.30%	-8.90%	-14.51%	-11.54%
EBITDA	166.18	123.24	121.68	93.32	74.5
EBITDA Margin	11.06%	10.21%	12.47%	10.19%	12.34%
D&A For EBITDA	23.54	25.25	22.91	14.14	13.27
EBIT	142.64	97.99	98.77	79.18	61.23
EBIT Margin	9.50%	8.11%	10.13%	8.65%	10.14%
Effective Tax Rate	0.31%	2.22%	6.54%	6.13%	7.34%
Revenue as Reported	-	1,208	975.5	915.45	603.89
Advertising Expenses	-	10.11	4.21	1.49	3.71

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