SHA:688589 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	357.88	547.42	577.3	502.32	359.02
Other Revenue	-	1.41	1.89	1.5	1.06
Revenue	357.88	548.83	579.19	503.82	360.07
Revenue Growth (YoY)	-34.79%	-5.24%	14.96%	39.92%	66.99%
Cost of Revenue	-	308.23	351.12	312.16	219.34
Gross Profit	357.88	240.61	228.06	191.67	140.74
Selling, General & Admin	-	75.38	71.16	59.11	46.31
Research & Development	-	71.59	65.58	73.3	56.35
Other Operating Expenses	337.7	-4.76	-8.9	-4.08	-3.96
Operating Expenses	337.7	151.08	128.83	136.93	108.98
Operating Income	20.18	89.53	99.24	54.74	31.75
Interest Expense	-	-19.97	-10.16	-1.01	-1.08
Interest & Investment Income	-	25.18	18.38	13.2	10.37
Currency Exchange Gain (Loss)	-	-0.04	-0.04	-0.13	0.03
Other Non Operating Income (Expenses)	-0.03	-0.12	0.17	-0.58	-0.6
EBT Excluding Unusual Items	20.16	94.57	107.59	66.22	40.46
Gain (Loss) on Sale of Investments	-	0.04	0.09	0.04	1.72
Gain (Loss) on Sale of Assets	-	0.03	-0.03	-0.03	-0.07
Asset Writedown	-	-1.26	-0.65	0.6	-1.47
Other Unusual Items	-	1.5	12.62	13.52	4.25
Pretax Income	20.16	94.88	119.61	80.34	44.89
Income Tax Expense	-0.77	10.55	12.73	5.21	2.85
Net Income	20.92	84.34	106.89	75.14	42.04
Net Income to Common	20.92	84.34	106.89	75.14	42.04
Net Income Growth	-75.19%	-21.10%	42.26%	78.73%	51.10%
Shares Outstanding (Basic)	149	145	144	144	144
Shares Outstanding (Diluted)	149	145	146	144	144
Shares Change (YoY)	3.37%	-0.81%	1.03%	0.11%	18.73%
EPS (Basic)	0.14	0.58	0.74	0.52	0.29
EPS (Diluted)	0.14	0.58	0.73	0.52	0.29
EPS Growth	-76.00%	-20.46%	40.80%	78.54%	27.27%
Free Cash Flow	-	42.97	235.34	-77.37	17.52
Free Cash Flow Per Share	-	0.30	1.61	-0.54	0.12
Dividend Per Share	-	0.250	0.243	0.174	0.139
Dividend Growth	-	2.84%	40.03%	24.98%	33.30%
Gross Margin	100.00%	43.84%	39.38%	38.04%	39.09%
Operating Margin	5.64%	16.31%	17.13%	10.87%	8.82%
Profit Margin	5.85%	15.37%	18.45%	14.91%	11.68%
Free Cash Flow Margin	-	7.83%	40.63%	-15.36%	4.87%
EBITDA	29.45	98.8	111.38	63.12	38.59
EBITDA Margin	8.23%	18.00%	19.23%	12.53%	10.72%
D&A For EBITDA	9.27	9.27	12.15	8.38	6.84
EBIT	20.18	89.53	99.24	54.74	31.75
EBIT Margin	5.64%	16.31%	17.13%	10.87%	8.82%
Effective Tax Rate	-	11.12%	10.64%	6.48%	6.35%
Revenue as Reported	-	548.83	579.19	503.82	360.07
Advertising Expenses	-	6.64	5.35	5.06	4.08

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