SHA:688610 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	440.31	229.88	222	245.89	164.48
Other Revenue	-	18.38	13.58	16.78	-
Revenue	440.31	248.26	235.58	262.67	164.48
Revenue Growth (YoY)	77.36%	5.38%	-10.31%	59.69%	139.90%
Cost of Revenue	-	168.83	154.86	149.09	84.92
Gross Profit	440.31	79.43	80.71	113.58	79.56
Selling, General & Admin	-	62.74	54.8	34.12	24.83
Research & Development	-	44.64	29.66	22.35	17.22
Other Operating Expenses	374.47	-14.37	-8.33	-17.84	-3.09
Operating Expenses	374.47	93.05	79.47	37.92	41.51
Operating Income	65.84	-13.62	1.24	75.66	38.05
Interest Expense	-	-0.74	-2.49	-0.32	-1.32
Interest & Investment Income	-	27.13	14.83	1.16	0.88
Currency Exchange Gain (Loss)	-	0.01	-0	0.08	-
Other Non Operating Income (Expenses)	0.09	-0.06	-0.12	-0.11	-0.34
EBT Excluding Unusual Items	65.93	12.71	13.45	76.47	37.26
Gain (Loss) on Sale of Investments	-	-	-	0.16	0.03
Gain (Loss) on Sale of Assets	-	-0	-0.93	0.18	0.01
Asset Writedown	-	-0.01	-	-1.42	-
Other Unusual Items	-	0.55	2.32	3.91	12.94
Pretax Income	65.93	13.25	14.84	79.3	50.23
Income Tax Expense	1.84	-2.48	-0.91	8.82	6.15
Net Income	64.09	15.72	15.75	70.48	44.08
Net Income to Common	64.09	15.72	15.75	70.48	44.08
Net Income Growth	307.63%	-0.18%	-77.65%	59.91%	-
Shares Outstanding (Basic)	67	68	58	51	50
Shares Outstanding (Diluted)	67	68	58	51	50
Shares Change (YoY)	-2.34%	17.18%	14.22%	3.13%	-
EPS (Basic)	0.96	0.23	0.27	1.38	0.89
EPS (Diluted)	0.96	0.23	0.27	1.38	0.89
EPS Growth	317.39%	-14.82%	-80.44%	55.06%	-
Free Cash Flow	-	2.05	-61.09	-56.86	-71.93
Free Cash Flow Per Share	-	0.03	-1.05	-1.11	-1.45
Dividend Per Share	-	-	0.200	-	-
Gross Margin	100.00%	31.99%	34.26%	43.24%	48.37%
Operating Margin	14.95%	-5.49%	0.53%	28.80%	23.13%
Profit Margin	14.56%	6.33%	6.69%	26.83%	26.80%
Free Cash Flow Margin	-	0.83%	-25.93%	-21.65%	-43.73%
EBITDA	70.57	-8.9	5.36	77.35	39.16
EBITDA Margin	16.03%	-3.58%	2.27%	29.45%	23.81%
D&A For EBITDA	4.73	4.73	4.12	1.7	1.11
EBIT	65.84	-13.62	1.24	75.66	38.05
EBIT Margin	14.95%	-5.49%	0.53%	28.80%	23.13%
Effective Tax Rate	2.79%	-	-	11.12%	12.25%
Advertising Expenses	-	2.04	1.34	0.95	-

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