SHA:688562 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	1,216	1,163	1,667	1,893	1,499
Other Revenue	-	0.05	-	1.81	2.23
Revenue	1,216	1,163	1,667	1,895	1,502
Revenue Growth (YoY)	4.59%	-30.25%	-12.00%	26.16%	58.13%
Cost of Revenue	-	922.58	1,339	1,534	1,223
Gross Profit	1,216	240.34	327.75	360.44	278.5
Selling, General & Admin	-	203.83	182.98	177.46	143.01
Research & Development	-	147.61	134.49	142.14	116.39
Other Operating Expenses	1,213	-2.81	-2.07	-2.93	-5.43
Operating Expenses	1,213	355.11	333.77	328.56	266.63
Operating Income	3.44	-114.77	-6.02	31.88	11.87
Interest Expense	-	-0.46	-0.81	-1.86	-2.44
Interest & Investment Income	-	19.49	27.89	8.09	13.8
Other Non Operating Income (Expenses)	0.43	0.04	-1.47	-1.59	-5.16
EBT Excluding Unusual Items	3.87	-95.71	19.6	36.51	18.07
Gain (Loss) on Sale of Investments	-	2.44	1.4	0.08	-
Gain (Loss) on Sale of Assets	-	0.12	0.29	-0.13	0.3
Asset Writedown	-	-0.04	-0.28	-	-0.06
Other Unusual Items	-	31.5	35.81	27.26	28.72
Pretax Income	3.87	-61.69	56.82	63.72	47.02
Income Tax Expense	15.18	18.57	-7.34	-4.58	-1.03
Earnings From Continuing Operations	-11.31	-80.27	64.16	68.3	48.06
Minority Interest in Earnings	-	-1.87	-5.59	-8.24	-3.08
Net Income	-11.31	-82.13	58.57	60.07	44.98
Net Income to Common	-11.31	-82.13	58.57	60.07	44.98
Net Income Growth	-	-	-2.49%	33.54%	-
Shares Outstanding (Basic)	377	391	366	300	300
Shares Outstanding (Diluted)	377	391	366	300	300
Shares Change (YoY)	-3.59%	6.84%	21.89%	0.15%	35.80%
EPS (Basic)	-0.03	-0.21	0.16	0.20	0.15
EPS (Diluted)	-0.03	-0.21	0.16	0.20	0.15
EPS Growth	-	-	-20.00%	33.33%	-
Free Cash Flow	-	-218.23	-121.97	94.76	241.11
Free Cash Flow Per Share	-	-0.56	-0.33	0.32	0.80
Dividend Per Share	-	-	0.045	-	-
Gross Margin	100.00%	20.67%	19.66%	19.02%	18.55%
Operating Margin	0.28%	-9.87%	-0.36%	1.68%	0.79%
Profit Margin	-0.93%	-7.06%	3.51%	3.17%	3.00%
Free Cash Flow Margin	-	-18.77%	-7.32%	5.00%	16.06%
EBITDA	35.06	-83.15	27.87	62.54	37.11
EBITDA Margin	2.88%	-7.15%	1.67%	3.30%	2.47%
D&A For EBITDA	31.62	31.62	33.89	30.67	25.24
EBIT	3.44	-114.77	-6.02	31.88	11.87
EBIT Margin	0.28%	-9.87%	-0.36%	1.68%	0.79%
Effective Tax Rate	392.47%	-	-	-	-
Revenue as Reported	-	1,163	1,667	1,895	1,502
Advertising Expenses	-	0.62	1.56	0.39	0.2

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