SHA:688576 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	342.94	336.28	360.64	261.34	208.67
Other Revenue	-	0.1	0.05	0.94	0.19
Revenue	342.94	336.38	360.69	262.27	208.86
Revenue Growth (YoY)	1.95%	-6.74%	37.52%	25.57%	63.97%
Cost of Revenue	-	102.95	113.35	83.25	63.39
Gross Profit	342.94	233.43	247.34	179.02	145.47
Selling, General & Admin	-	112.9	112.14	84.76	69.46
Research & Development	-	55.24	46.5	29.94	28.09
Other Operating Expenses	289.34	-1.86	-4.58	1.58	-1.85
Operating Expenses	289.34	168.09	156.96	116.32	95.72
Operating Income	53.59	65.33	90.38	62.7	49.75
Interest Expense	-	-0.05	-0.2	-0.36	-0.44
Interest & Investment Income	-	27.69	17.69	6.43	1.81
Currency Exchange Gain (Loss)	-	0.11	0.01	0.01	-0.04
Other Non Operating Income (Expenses)	-0.21	0.18	-0.18	0	0.27
EBT Excluding Unusual Items	53.39	93.25	107.7	68.78	51.34
Gain (Loss) on Sale of Investments	-	13.5	5.13	-	-
Gain (Loss) on Sale of Assets	-	0.06	-0.18	-0.24	4.55
Other Unusual Items	-	4.55	14.41	6.15	4.95
Pretax Income	53.39	111.37	127.06	74.69	60.84
Income Tax Expense	1.13	12.7	9.71	-0.66	-0.59
Net Income	52.26	98.67	117.34	75.35	61.43
Net Income to Common	52.26	98.67	117.34	75.35	61.43
Net Income Growth	-47.04%	-15.92%	55.73%	22.66%	332.89%
Shares Outstanding (Basic)	45	50	46	40	37
Shares Outstanding (Diluted)	45	50	46	40	37
Shares Change (YoY)	-9.27%	7.99%	16.95%	7.68%	18.51%
EPS (Basic)	1.15	1.97	2.53	1.90	1.67
EPS (Diluted)	1.15	1.97	2.53	1.90	1.67
EPS Growth	-41.62%	-22.13%	33.16%	13.92%	265.29%
Free Cash Flow	-	-118.08	-35.64	29.95	41.7
Free Cash Flow Per Share	-	-2.36	-0.77	0.76	1.13
Dividend Per Share	-	1.000	1.000	-	-
Gross Margin	100.00%	69.39%	68.57%	68.26%	69.65%
Operating Margin	15.63%	19.42%	25.06%	23.91%	23.82%
Profit Margin	15.24%	29.33%	32.53%	28.73%	29.41%
Free Cash Flow Margin	-	-35.10%	-9.88%	11.42%	19.96%
EBITDA	62.67	74.41	97.44	68.04	53.73
EBITDA Margin	18.27%	22.12%	27.02%	25.94%	25.72%
D&A For EBITDA	9.08	9.08	7.06	5.34	3.98
EBIT	53.59	65.33	90.38	62.7	49.75
EBIT Margin	15.63%	19.42%	25.06%	23.91%	23.82%
Effective Tax Rate	2.12%	11.40%	7.65%	-	-
Revenue as Reported	-	-	-	-	208.86
Advertising Expenses	-	-	-	-	5.85

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