SHA:688585 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	1,797	1,494	1,399	1,859	2,072
Other Revenue	-	0.12	0.38	0.71	0.73
Revenue	1,797	1,494	1,400	1,860	2,073
Revenue Growth (YoY)	20.27%	6.73%	-24.74%	-10.27%	6.51%
Cost of Revenue	1,745	1,259	1,186	1,619	1,898
Gross Profit	52.1	235.32	214.01	240.48	174.87
Selling, General & Admin	-	97.39	86.87	100.16	109.72
Research & Development	-	30.31	31.32	32.67	32.34
Other Operating Expenses	-	3.75	2.8	4.72	3.25
Operating Expenses	-	130.49	122.19	136.14	146.86
Operating Income	52.1	104.83	91.82	104.34	28.01
Interest Expense	-	-0.36	-0.95	-4.42	-10.57
Interest & Investment Income	-	7.84	2.82	1.96	2.71
Currency Exchange Gain (Loss)	-	11.21	2.01	7.74	-8.07
Other Non Operating Income (Expenses)	0.38	-0.16	-0.18	-0.63	-2.07
EBT Excluding Unusual Items	52.48	123.35	95.52	108.99	10.02
Gain (Loss) on Sale of Investments	-	-11.12	-3.43	-0.12	-
Gain (Loss) on Sale of Assets	-	0	0.19	-2.15	-0.16
Other Unusual Items	-	2.37	2.26	0.8	0.28
Pretax Income	52.48	114.6	94.55	107.51	10.14
Income Tax Expense	11.53	26.93	23.63	23.37	-2.43
Earnings From Continuing Operations	40.95	87.67	70.92	84.15	12.58
Minority Interest in Earnings	-	1.01	0.02	-	-
Net Income	40.95	88.68	70.94	84.15	12.58
Net Income to Common	40.95	88.68	70.94	84.15	12.58
Net Income Growth	-53.82%	25.00%	-15.69%	569.04%	-89.43%
Shares Outstanding (Basic)	410	403	394	401	419
Shares Outstanding (Diluted)	410	403	394	401	419
Shares Change (YoY)	1.59%	2.28%	-1.64%	-4.42%	12.78%
EPS (Basic)	0.10	0.22	0.18	0.21	0.03
EPS (Diluted)	0.10	0.22	0.18	0.21	0.03
EPS Growth	-54.55%	22.22%	-14.29%	600.00%	-90.63%
Free Cash Flow	-	9.06	307.69	-73.86	-117.31
Free Cash Flow Per Share	-	0.02	0.78	-0.18	-0.28
Dividend Per Share	-	0.070	0.021	0.022	-
Dividend Growth	-	233.33%	-4.54%	-	-
Gross Margin	2.90%	15.75%	15.29%	12.93%	8.44%
Operating Margin	2.90%	7.02%	6.56%	5.61%	1.35%
Profit Margin	2.28%	5.94%	5.07%	4.52%	0.61%
Free Cash Flow Margin	-	0.61%	21.98%	-3.97%	-5.66%
EBITDA	86.12	138.85	123.03	136.01	58.52
EBITDA Margin	4.79%	9.29%	8.79%	7.31%	2.82%
D&A For EBITDA	34.02	34.02	31.21	31.66	30.5
EBIT	52.1	104.83	91.82	104.34	28.01
EBIT Margin	2.90%	7.02%	6.56%	5.61%	1.35%
Effective Tax Rate	21.97%	23.50%	24.99%	21.73%	-
Revenue as Reported	-	1,494	1,400	1,860	2,073

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