SHA:688605 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	1,230	1,128	550.03	463.47	419.22
Other Revenue	7.49	7.96	7.69	6.25	4.42
Revenue	1,238	1,136	557.72	469.72	423.65
Revenue Growth (YoY)	8.98%	103.65%	18.73%	10.88%	-
Cost of Revenue	890.46	760.97	392.33	294.55	266.32
Gross Profit	347.26	374.8	165.38	175.17	157.32
Selling, General & Admin	59.75	55.36	41.32	32	28.39
Research & Development	71.38	64.08	36.31	30.97	21.54
Other Operating Expenses	1.33	-0.8	-0.99	3.23	3.47
Operating Expenses	134.06	128.21	80.6	65.86	57.31
Operating Income	213.21	246.59	84.78	109.31	100.01
Interest Expense	-3.5	-2.18	-1.7	-2.53	-3.28
Interest & Investment Income	5.79	1.76	2.27	0.9	0.16
Currency Exchange Gain (Loss)	-1.05	1.61	3.7	6.62	-2.22
Other Non Operating Income (Expenses)	-0.33	-0.22	-0.24	0.38	-0.08
EBT Excluding Unusual Items	214.12	247.56	88.82	114.68	94.59
Gain (Loss) on Sale of Investments	-	-	-	0.57	-
Gain (Loss) on Sale of Assets	0.2	-0.39	0.01	-0.02	24.45
Asset Writedown	-0.01	-0.23	-0.42	-0.1	-0.84
Other Unusual Items	3.11	0.88	1.02	4.28	4.12
Pretax Income	217.42	247.83	89.43	119.41	122.31
Income Tax Expense	28.53	33.88	9.16	14.62	17.12
Net Income	188.9	213.95	80.27	104.79	105.19
Net Income to Common	188.9	213.95	80.27	104.79	105.19
Net Income Growth	-11.71%	166.52%	-23.39%	-0.38%	-
Shares Outstanding (Basic)	203	155	151	150	-
Shares Outstanding (Diluted)	203	155	151	150	-
Shares Change (YoY)	31.01%	2.36%	1.24%	-	-
EPS (Basic)	0.93	1.38	0.53	0.70	-
EPS (Diluted)	0.93	1.38	0.53	0.70	-
EPS Growth	-32.61%	160.38%	-24.33%	-	-
Free Cash Flow	-79.93	-28.13	44.6	-36.81	-40.06
Free Cash Flow Per Share	-0.39	-0.18	0.29	-0.25	-
Dividend Per Share	0.100	0.200	-	-	-
Dividend Growth	-50.00%	-	-	-	-
Gross Margin	28.06%	33.00%	29.65%	37.29%	37.13%
Operating Margin	17.23%	21.71%	15.20%	23.27%	23.61%
Profit Margin	15.26%	18.84%	14.39%	22.31%	24.83%
Free Cash Flow Margin	-6.46%	-2.48%	8.00%	-7.84%	-9.46%
EBITDA	258.4	281.28	112.18	126.73	113.42
EBITDA Margin	20.88%	24.77%	20.11%	26.98%	26.77%
D&A For EBITDA	45.19	34.69	27.39	17.43	13.4
EBIT	213.21	246.59	84.78	109.31	100.01
EBIT Margin	17.23%	21.71%	15.20%	23.27%	23.61%
Effective Tax Rate	13.12%	13.67%	10.24%	12.24%	14.00%
Revenue as Reported	1,238	1,136	557.72	469.72	423.65
Advertising Expenses	-	-	-	0.13	0.28

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