SHA:688576 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	347.94	341.99	336.28	360.64	261.34	208.67
Other Revenue	-	-	0.1	0.05	0.94	0.19
Revenue	347.94	341.99	336.38	360.69	262.27	208.86
Revenue Growth (YoY)	6.06%	1.67%	-6.74%	37.52%	25.57%	63.97%
Cost of Revenue	130.01	124.14	102.95	113.35	83.25	63.39
Gross Profit	217.94	217.85	233.43	247.34	179.02	145.47
Selling, General & Admin	121.35	120.88	112.9	112.14	84.76	69.46
Research & Development	59.03	58.08	55.24	46.5	29.94	28.09
Other Operating Expenses	-0.18	-1.44	-1.86	-4.58	1.58	-1.85
Operating Expenses	180.2	177.52	168.09	156.96	116.32	95.72
Operating Income	37.74	40.33	65.33	90.38	62.7	49.75
Interest Expense	-	-	-0.05	-0.2	-0.36	-0.44
Interest & Investment Income	3.3	3.04	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)	9.62	10.81	0.18	-0.18	0	0.27
EBT Excluding Unusual Items	50.65	54.18	93.25	107.7	68.78	51.34
Gain (Loss) on Sale of Investments	5.68	6.88	13.5	5.13	-	-
Gain (Loss) on Sale of Assets	-0.08	-0.34	0.06	-0.18	-0.24	4.55
Asset Writedown	-9.1	-7.63	-	-	-	-
Other Unusual Items	-	-	4.55	14.41	6.15	4.95
Pretax Income	47.15	53.09	111.37	127.06	74.69	60.84
Income Tax Expense	-0.57	1.18	12.7	9.71	-0.66	-0.59
Net Income	47.72	51.91	98.67	117.34	75.35	61.43
Net Income to Common	47.72	51.91	98.67	117.34	75.35	61.43
Net Income Growth	-43.36%	-47.39%	-15.92%	55.73%	22.66%	332.89%
Shares Outstanding (Basic)	44	45	50	46	40	37
Shares Outstanding (Diluted)	44	45	50	46	40	37
Shares Change (YoY)	-10.74%	-9.88%	7.99%	16.95%	7.68%	18.51%
EPS (Basic)	1.08	1.15	1.97	2.53	1.90	1.67
EPS (Diluted)	1.08	1.15	1.97	2.53	1.90	1.67
EPS Growth	-36.55%	-41.62%	-22.13%	33.16%	13.92%	265.29%
Free Cash Flow	-20.72	-35.96	-118.08	-35.64	29.95	41.7
Free Cash Flow Per Share	-0.47	-0.80	-2.36	-0.77	0.76	1.13
Dividend Per Share	-	-	1.000	1.000	-	-
Gross Margin	62.64%	63.70%	69.39%	68.57%	68.26%	69.65%
Operating Margin	10.85%	11.79%	19.42%	25.06%	23.91%	23.82%
Profit Margin	13.71%	15.18%	29.33%	32.53%	28.73%	29.41%
Free Cash Flow Margin	-5.96%	-10.51%	-35.10%	-9.88%	11.42%	19.96%
EBITDA	67.47	65.93	74.41	97.44	68.04	53.73
EBITDA Margin	19.39%	19.28%	22.12%	27.02%	25.94%	25.72%
D&A For EBITDA	29.73	25.6	9.08	7.06	5.34	3.98
EBIT	37.74	40.33	65.33	90.38	62.7	49.75
EBIT Margin	10.85%	11.79%	19.42%	25.06%	23.91%	23.82%
Effective Tax Rate	-	2.22%	11.40%	7.65%	-	-
Revenue as Reported	-	-	-	-	-	208.86
Advertising Expenses	-	-	-	-	-	5.85

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