SHA:688582 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	523.74	404.39	317.08	226.67	165.85
Other Revenue	-	0.11	0	0.19	0.24
Revenue	523.74	404.5	317.09	226.86	166.09
Revenue Growth (YoY)	29.48%	27.57%	39.77%	36.58%	52.96%
Cost of Revenue	-	60.55	53.88	31.95	24.26
Gross Profit	523.74	343.96	263.21	194.91	141.83
Selling, General & Admin	-	41.34	36.64	27.75	19.46
Research & Development	-	109.49	80.2	55.75	40.51
Other Operating Expenses	221.16	-1.89	2.3	2.15	1.62
Operating Expenses	221.16	153.71	126.05	89.24	65.61
Operating Income	302.58	190.25	137.16	105.66	76.22
Interest Expense	-	-0.98	-0.47	-0.42	-0.38
Interest & Investment Income	-	25.56	15.73	4.42	5.16
Currency Exchange Gain (Loss)	-	-0.29	-0.51	-0.13	0.16
Other Non Operating Income (Expenses)	-1.39	-0.14	0.09	-0.14	-0.03
EBT Excluding Unusual Items	301.19	214.41	152	109.38	81.12
Gain (Loss) on Sale of Investments	-	7.29	5.75	0.32	1.4
Gain (Loss) on Sale of Assets	-	-0.5	-0.06	-	-
Other Unusual Items	-	0.98	7.71	6.9	3.62
Pretax Income	301.19	222.17	165.4	116.61	86.14
Income Tax Expense	-1.18	-	-	-	3.54
Net Income	302.37	222.17	165.4	116.61	82.61
Net Income to Common	302.37	222.17	165.4	116.61	82.61
Net Income Growth	36.10%	34.33%	41.84%	41.16%	59.16%
Shares Outstanding (Basic)	403	397	376	343	344
Shares Outstanding (Diluted)	403	404	376	343	344
Shares Change (YoY)	-0.20%	7.46%	9.61%	-0.36%	6.11%
EPS (Basic)	0.75	0.56	0.44	0.34	0.24
EPS (Diluted)	0.75	0.55	0.44	0.34	0.24
EPS Growth	36.36%	25.00%	29.41%	41.67%	50.00%
Free Cash Flow	-	128.29	-0.11	42.35	11.09
Free Cash Flow Per Share	-	0.32	-	0.12	0.03
Dividend Per Share	-	0.224	0.188	-	0.048
Dividend Growth	-	19.15%	-	-	-
Gross Margin	100.00%	85.03%	83.01%	85.92%	85.39%
Operating Margin	57.77%	47.03%	43.26%	46.58%	45.89%
Profit Margin	57.73%	54.93%	52.16%	51.40%	49.73%
Free Cash Flow Margin	-	31.71%	-0.03%	18.67%	6.67%
EBITDA	313.75	201.42	147.29	114.04	84.52
EBITDA Margin	59.91%	49.80%	46.45%	50.27%	50.89%
D&A For EBITDA	11.18	11.18	10.13	8.37	8.3
EBIT	302.58	190.25	137.16	105.66	76.22
EBIT Margin	57.77%	47.03%	43.26%	46.58%	45.89%
Effective Tax Rate	-	-	-	-	4.11%
Revenue as Reported	-	404.5	317.09	226.86	-

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