SHA:688603 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	470.96	380	338.15	373.84	373.11
Other Revenue	-	0.67	0.78	0.52	2.39
Revenue	470.96	380.67	338.93	374.36	375.5
Revenue Growth (YoY)	23.72%	12.32%	-9.46%	-0.30%	45.97%
Cost of Revenue	-	229.15	218.41	257.31	268.7
Gross Profit	470.96	151.52	120.51	117.05	106.8
Selling, General & Admin	-	53.29	37.8	31.61	27.44
Research & Development	-	27.68	21.97	21.74	21.01
Other Operating Expenses	372.44	0.54	0.48	1.58	1.74
Operating Expenses	372.44	81.57	60.74	54.97	52.85
Operating Income	98.52	69.95	59.77	62.08	53.95
Interest Expense	-	-1.32	-1.14	-1.25	-1.48
Interest & Investment Income	-	6.07	6.14	0.12	0.06
Currency Exchange Gain (Loss)	-	0.04	0	0	-
Other Non Operating Income (Expenses)	-0.33	-0.42	-0.27	-0.4	-0.2
EBT Excluding Unusual Items	98.19	74.33	64.51	60.55	52.32
Gain (Loss) on Sale of Investments	-	10.32	1.67	-	-0.17
Gain (Loss) on Sale of Assets	-	-0.07	0	-0	-
Asset Writedown	-	-	-	-0.05	-0.73
Other Unusual Items	-	2.52	1.42	1.36	0.28
Pretax Income	98.19	87.09	67.6	61.86	51.7
Income Tax Expense	14.56	12.41	9.03	7.25	6.72
Net Income	83.63	74.68	58.57	54.61	44.98
Net Income to Common	83.63	74.68	58.57	54.61	44.98
Net Income Growth	11.99%	27.50%	7.25%	21.41%	15.99%
Shares Outstanding (Basic)	125	125	110	94	91
Shares Outstanding (Diluted)	125	125	110	94	91
Shares Change (YoY)	-0.16%	13.18%	17.97%	2.59%	8.97%
EPS (Basic)	0.67	0.60	0.53	0.58	0.49
EPS (Diluted)	0.67	0.60	0.53	0.58	0.49
EPS Growth	12.17%	12.66%	-9.09%	18.34%	6.44%
Free Cash Flow	-	29.37	47.18	23.79	-26.83
Free Cash Flow Per Share	-	0.23	0.43	0.25	-0.29
Dividend Per Share	-	0.201	0.157	-	-
Dividend Growth	-	27.89%	-	-	-
Gross Margin	100.00%	39.80%	35.56%	31.27%	28.44%
Operating Margin	20.92%	18.38%	17.64%	16.58%	14.37%
Profit Margin	17.76%	19.62%	17.28%	14.59%	11.98%
Free Cash Flow Margin	-	7.71%	13.92%	6.36%	-7.14%
EBITDA	103.67	75.1	64.07	65.26	55.88
EBITDA Margin	22.01%	19.73%	18.91%	17.43%	14.88%
D&A For EBITDA	5.14	5.14	4.3	3.18	1.93
EBIT	98.52	69.95	59.77	62.08	53.95
EBIT Margin	20.92%	18.38%	17.64%	16.58%	14.37%
Effective Tax Rate	14.82%	14.25%	13.36%	11.71%	12.99%
Revenue as Reported	-	380.67	338.93	374.36	-

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