SHA:688582 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	486.92	523.71	404.39	317.08	226.67	165.85
Other Revenue	0.04	0.04	0.11	0	0.19	0.24
Revenue	486.95	523.74	404.5	317.09	226.86	166.09
Revenue Growth (YoY)	3.62%	29.48%	27.57%	39.77%	36.58%	52.96%
Cost of Revenue	71.74	74.52	60.55	53.88	31.95	24.26
Gross Profit	415.21	449.23	343.96	263.21	194.91	141.83
Selling, General & Admin	47.07	45.17	41.34	36.64	27.75	19.46
Research & Development	128.68	122.58	109.49	80.2	55.75	40.51
Other Operating Expenses	1.56	2.53	-1.89	2.3	2.15	1.62
Operating Expenses	180.8	173.76	153.71	126.05	89.24	65.61
Operating Income	234.42	275.47	190.25	137.16	105.66	76.22
Interest Expense	-0.78	-0.78	-0.98	-0.47	-0.42	-0.38
Interest & Investment Income	16.4	16.21	25.56	15.73	4.42	5.16
Currency Exchange Gain (Loss)	-0.47	-0.47	-0.29	-0.51	-0.13	0.16
Other Non Operating Income (Expenses)	-1.69	-0.17	-0.14	0.09	-0.14	-0.03
EBT Excluding Unusual Items	247.87	290.25	214.41	152	109.38	81.12
Gain (Loss) on Sale of Investments	11.1	9.91	7.29	5.75	0.32	1.4
Gain (Loss) on Sale of Assets	-1.1	-1.1	-0.5	-0.06	-	-
Other Unusual Items	3.2	3.2	0.98	7.71	6.9	3.62
Pretax Income	261.06	302.26	222.17	165.4	116.61	86.14
Income Tax Expense	-0.53	-1.15	-	-	-	3.54
Net Income	261.6	303.41	222.17	165.4	116.61	82.61
Net Income to Common	261.6	303.41	222.17	165.4	116.61	82.61
Net Income Growth	-2.44%	36.56%	34.33%	41.84%	41.16%	59.16%
Shares Outstanding (Basic)	362	399	397	376	343	344
Shares Outstanding (Diluted)	368	405	404	376	343	344
Shares Change (YoY)	-9.17%	0.15%	7.46%	9.61%	-0.36%	6.11%
EPS (Basic)	0.72	0.76	0.56	0.44	0.34	0.24
EPS (Diluted)	0.71	0.75	0.55	0.44	0.34	0.24
EPS Growth	7.41%	36.36%	25.00%	29.41%	41.67%	50.00%
Free Cash Flow	236.66	283.09	128.29	-0.11	42.35	11.09
Free Cash Flow Per Share	0.64	0.70	0.32	-	0.12	0.03
Dividend Per Share	0.304	0.304	0.224	0.188	-	0.048
Dividend Growth	35.71%	35.71%	19.15%	-	-	-
Gross Margin	85.27%	85.77%	85.03%	83.01%	85.92%	85.39%
Operating Margin	48.14%	52.60%	47.03%	43.26%	46.58%	45.89%
Profit Margin	53.72%	57.93%	54.93%	52.16%	51.40%	49.73%
Free Cash Flow Margin	48.60%	54.05%	31.71%	-0.03%	18.67%	6.67%
EBITDA	247.36	288.45	203.37	147.29	114.04	84.52
EBITDA Margin	50.80%	55.07%	50.28%	46.45%	50.27%	50.89%
D&A For EBITDA	12.95	12.98	13.12	10.13	8.37	8.3
EBIT	234.42	275.47	190.25	137.16	105.66	76.22
EBIT Margin	48.14%	52.60%	47.03%	43.26%	46.58%	45.89%
Effective Tax Rate	-	-	-	-	-	4.11%
Revenue as Reported	523.74	523.74	404.5	317.09	226.86	-

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