SHA:688616 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	577.49	562.28	581.94	557.07	535.93	402.93
Other Revenue	4.16	4.16	5.16	8.11	6.41	7.84
Revenue	581.65	566.44	587.1	565.18	542.34	410.78
Revenue Growth	3.12%	-3.52%	3.88%	4.21%	32.03%	-9.31%
Cost of Revenue	387.93	379.22	403.42	412.29	399.88	278.56
Gross Profit	193.72	187.22	183.68	152.89	142.46	132.21
Selling, General & Admin	52.61	49.47	49.04	48.3	47.79	36.69
Research & Development	34.53	31.05	33.63	34.38	29.36	22.59
Other Operating Expenses	-5.21	-8.71	-5.37	-1.93	3.63	2.98
Operating Expenses	82.79	72.68	80.52	80.87	83.98	62.65
Operating Income	110.93	114.55	103.16	72.03	58.48	69.56
Interest Expense	-	-	-	-	-	-0.07
Interest & Investment Income	4.48	3.73	5.15	12.97	4.73	4.41
Currency Exchange Gain (Loss)	-1.06	-1.06	0.47	1.65	7.17	-1.53
Other Non Operating Income (Expenses)	0.77	0.23	-0.17	-0.17	-0.19	0.06
EBT Excluding Unusual Items	115.11	117.44	108.6	86.49	70.19	72.43
Gain (Loss) on Sale of Investments	0.37	1.23	2.83	-1.89	0.16	-1.29
Gain (Loss) on Sale of Assets	-0.06	-0.06	-0.23	-0.45	-0.08	0.02
Asset Writedown	0.14	-	-	-	-	-
Other Unusual Items	3.54	3.54	7.82	3.38	2.26	6.48
Pretax Income	119.1	122.14	119.03	87.52	72.52	77.65
Income Tax Expense	16.28	18.19	15.3	13.15	7.09	7.33
Earnings From Continuing Operations	102.82	103.95	103.73	74.37	65.43	70.32
Minority Interest in Earnings	-	-	-	0.09	-1.8	-0.03
Net Income	102.82	103.95	103.73	74.46	63.64	70.28
Net Income to Common	102.82	103.95	103.73	74.46	63.64	70.28
Net Income Growth	-3.91%	0.22%	39.31%	17.00%	-9.46%	-4.66%
Shares Outstanding (Basic)	178	176	176	177	182	169
Shares Outstanding (Diluted)	178	176	176	182	182	169
Shares Change	1.33%	0.22%	-3.19%	-0.12%	7.80%	25.84%
EPS (Basic)	0.58	0.59	0.59	0.42	0.35	0.42
EPS (Diluted)	0.58	0.59	0.59	0.41	0.35	0.42
EPS Growth	-5.18%	0%	43.90%	17.14%	-16.01%	-24.24%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	118.68	115.64	60.35	76.18	-40.46	-5.93
Free Cash Flow Per Share	0.67	0.66	0.34	0.42	-0.22	-0.04
Dividend Per Share	0.300	0.300	0.300	0.250	0.175	0.192
Dividend Growth	0%	0%	20.00%	42.86%	-8.71%	4.58%
Gross Margin	33.30%	33.05%	31.29%	27.05%	26.27%	32.19%
Operating Margin	19.07%	20.22%	17.57%	12.74%	10.78%	16.93%
Profit Margin	17.68%	18.35%	17.67%	13.17%	11.73%	17.11%
Free Cash Flow Margin	20.40%	20.42%	10.28%	13.48%	-7.46%	-1.44%
EBITDA	137.18	141.23	128.5	93.36	69.29	77.42
EBITDA Margin	23.59%	24.93%	21.89%	16.52%	12.78%	18.85%
D&A For EBITDA	26.26	26.69	25.34	21.33	10.81	7.86
EBIT	110.93	114.55	103.16	72.03	58.48	69.56
EBIT Margin	19.07%	20.22%	17.57%	12.74%	10.78%	16.93%
Effective Tax Rate	13.67%	14.89%	12.85%	15.02%	9.78%	9.44%
Revenue as Reported	566.44	566.44	587.1	565.18	542.34	410.78