SHA:688566 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
Revenue	964.93	896.53	860.93	654.73	509.69
Revenue Growth (YoY)	7.63%	4.13%	31.49%	28.46%	-9.94%
Cost of Revenue	-	95.26	97.18	76.17	62.12
Gross Profit	964.93	801.28	763.76	578.56	447.57
Selling, General & Admin	-	458.54	459.86	361.56	304.65
Research & Development	-	38.65	55.77	55.18	29.28
Other Operating Expenses	712.17	12.98	10.47	9.24	9.1
Operating Expenses	712.17	512.43	533.31	426.71	341.26
Operating Income	252.76	288.85	230.44	151.85	106.32
Interest Expense	-	-0.13	-0.11	-0.38	-
Interest & Investment Income	-	5.4	12.02	17.77	21.64
Other Non Operating Income (Expenses)	45.45	-0.11	-0.14	-0.07	-0.11
EBT Excluding Unusual Items	298.21	294.01	242.22	169.18	127.85
Gain (Loss) on Sale of Investments	-	-1.05	-1.9	-	-
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-
Asset Writedown	-	-42.24	-	-	-
Other Unusual Items	-	2.65	7.16	5.37	4.71
Pretax Income	298.21	253.36	247.48	174.53	132.56
Income Tax Expense	39.55	34.39	28.71	20.27	18.22
Earnings From Continuing Operations	258.67	218.98	218.77	154.26	114.35
Minority Interest in Earnings	-	0.35	0.32	0.4	0.55
Net Income	258.67	219.33	219.09	154.67	114.9
Net Income to Common	258.67	219.33	219.09	154.67	114.9
Net Income Growth	17.94%	0.11%	41.65%	34.61%	-11.42%
Shares Outstanding (Basic)	199	194	187	186	188
Shares Outstanding (Diluted)	199	194	187	186	188
Shares Change (YoY)	2.51%	3.65%	0.49%	-1.07%	11.81%
EPS (Basic)	1.30	1.13	1.17	0.83	0.61
EPS (Diluted)	1.30	1.13	1.17	0.83	0.61
EPS Growth	15.04%	-3.42%	40.96%	36.07%	-20.78%
Free Cash Flow	-	40.76	-197.87	-141.98	66.77
Free Cash Flow Per Share	-	0.21	-1.06	-0.76	0.35
Dividend Per Share	-	0.780	-	0.480	0.480
Gross Margin	100.00%	89.38%	88.71%	88.37%	87.81%
Operating Margin	26.20%	32.22%	26.77%	23.19%	20.86%
Profit Margin	26.81%	24.46%	25.45%	23.62%	22.54%
Free Cash Flow Margin	-	4.55%	-22.98%	-21.68%	13.10%
EBITDA	263.36	299.45	241.65	164.6	119.3
EBITDA Margin	27.29%	33.40%	28.07%	25.14%	23.41%
D&A For EBITDA	10.6	10.6	11.2	12.75	12.98
EBIT	252.76	288.85	230.44	151.85	106.32
EBIT Margin	26.20%	32.22%	26.77%	23.19%	20.86%
Effective Tax Rate	13.26%	13.57%	11.60%	11.62%	13.74%
Revenue as Reported	-	896.53	860.93	654.73	509.69
Advertising Expenses	-	-	-	153.2	121.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.