SHA:688591 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	1,016	844.03	636.09	609.3	649.52
Revenue	1,016	844.03	636.09	609.3	649.52
Revenue Growth (YoY)	20.32%	32.69%	4.40%	-6.19%	43.15%
Cost of Revenue	-	443.78	357.82	362.34	353.66
Gross Profit	1,016	400.25	278.27	246.96	295.86
Selling, General & Admin	-	128.79	99.14	89.34	97.8
Research & Development	-	219.99	172.75	138.06	124.72
Other Operating Expenses	884.07	0.88	-0.59	1.16	1.18
Operating Expenses	884.07	350.84	271.77	227.8	223.95
Operating Income	131.45	49.41	6.5	19.16	71.92
Interest Expense	-	-1.11	-0.43	-0.11	-0.27
Interest & Investment Income	-	32.99	16.06	5.69	5.87
Currency Exchange Gain (Loss)	-	4.63	0.64	9.53	-2.36
Other Non Operating Income (Expenses)	-5.15	-0.47	-0.18	-0.15	-0.17
EBT Excluding Unusual Items	126.3	85.45	22.6	34.12	74.98
Gain (Loss) on Sale of Investments	-	0.33	-	-	-
Gain (Loss) on Sale of Assets	-	-0.86	-0.34	-0.17	0
Asset Writedown	-	-	-	-	-1.02
Legal Settlements	-	-	-	-	-0.12
Other Unusual Items	-	7.37	27.95	15.37	24.3
Pretax Income	126.3	92.29	50.21	49.32	98.13
Income Tax Expense	-1.83	-5.12	0.43	-0.45	3.12
Net Income	128.13	97.41	49.77	49.77	95.01
Net Income to Common	128.13	97.41	49.77	49.77	95.01
Net Income Growth	31.53%	95.71%	0.01%	-47.62%	-
Shares Outstanding (Basic)	237	238	199	178	180
Shares Outstanding (Diluted)	237	238	199	178	180
Shares Change (YoY)	-0.13%	19.34%	12.01%	-1.25%	9.80%
EPS (Basic)	0.54	0.41	0.25	0.28	0.53
EPS (Diluted)	0.54	0.41	0.25	0.28	0.53
EPS Growth	31.71%	64.00%	-10.71%	-46.95%	-
Free Cash Flow	-	77.47	103.61	3.64	-17.38
Free Cash Flow Per Share	-	0.33	0.52	0.02	-0.10
Dividend Per Share	-	0.205	0.073	-	-
Dividend Growth	-	180.82%	-	-	-
Gross Margin	100.00%	47.42%	43.75%	40.53%	45.55%
Operating Margin	12.94%	5.85%	1.02%	3.15%	11.07%
Profit Margin	12.62%	11.54%	7.83%	8.17%	14.63%
Free Cash Flow Margin	-	9.18%	16.29%	0.60%	-2.67%
EBITDA	153.41	71.36	25.05	37.7	88.74
EBITDA Margin	15.11%	8.46%	3.94%	6.19%	13.66%
D&A For EBITDA	21.96	21.96	18.55	18.54	16.83
EBIT	131.45	49.41	6.5	19.16	71.92
EBIT Margin	12.94%	5.85%	1.02%	3.15%	11.07%
Effective Tax Rate	-	-	0.87%	-	3.18%
Revenue as Reported	-	844.03	636.09	609.3	649.52
Advertising Expenses	-	2.55	1.78	1.68	0.78

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