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	523.71	404.39	317.08	226.67	165.85
Other Revenue	0.04	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	74.52	60.55	53.88	31.95	24.26
Gross Profit	449.23	343.96	263.21	194.91	141.83
Selling, General & Admin	45.17	41.34	36.64	27.75	19.46
Research & Development	122.58	109.49	80.2	55.75	40.51
Other Operating Expenses	2.53	-1.89	2.3	2.15	1.62
Operating Expenses	173.76	153.71	126.05	89.24	65.61
Operating Income	275.47	190.25	137.16	105.66	76.22
Interest Expense	-0.78	-0.98	-0.47	-0.42	-0.38
Interest & Investment Income	16.21	25.56	15.73	4.42	5.16
Currency Exchange Gain (Loss)	-0.47	-0.29	-0.51	-0.13	0.16
Other Non Operating Income (Expenses)	-0.17	-0.14	0.09	-0.14	-0.03
EBT Excluding Unusual Items	290.25	214.41	152	109.38	81.12
Gain (Loss) on Sale of Investments	9.91	7.29	5.75	0.32	1.4
Gain (Loss) on Sale of Assets	-1.1	-0.5	-0.06	-	-
Other Unusual Items	3.2	0.98	7.71	6.9	3.62
Pretax Income	302.26	222.17	165.4	116.61	86.14
Income Tax Expense	-1.15	-	-	-	3.54
Net Income	303.41	222.17	165.4	116.61	82.61
Net Income to Common	303.41	222.17	165.4	116.61	82.61
Net Income Growth	36.56%	34.33%	41.84%	41.16%	59.16%
Shares Outstanding (Basic)	399	397	376	343	344
Shares Outstanding (Diluted)	405	404	376	343	344
Shares Change (YoY)	0.15%	7.46%	9.61%	-0.36%	6.11%
EPS (Basic)	0.76	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	283.09	128.29	-0.11	42.35	11.09
Free Cash Flow Per Share	0.70	0.32	-	0.12	0.03
Dividend Per Share	0.304	0.224	0.188	-	0.048
Dividend Growth	35.71%	19.15%	-	-	-
Gross Margin	85.77%	85.03%	83.01%	85.92%	85.39%
Operating Margin	52.60%	47.03%	43.26%	46.58%	45.89%
Profit Margin	57.93%	54.93%	52.16%	51.40%	49.73%
Free Cash Flow Margin	54.05%	31.71%	-0.03%	18.67%	6.67%
EBITDA	288.45	203.37	147.29	114.04	84.52
EBITDA Margin	55.07%	50.28%	46.45%	50.27%	50.89%
D&A For EBITDA	12.98	13.12	10.13	8.37	8.3
EBIT	275.47	190.25	137.16	105.66	76.22
EBIT Margin	52.60%	47.03%	43.26%	46.58%	45.89%
Effective Tax Rate	-	-	-	-	4.11%
Revenue as Reported	523.74	404.5	317.09	226.86	-

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