SHA:688620 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	536.96	522.6	567.75	504.55	512.18
Other Revenue	-	4.49	4.78	4.35	0
Revenue	536.96	527.09	572.53	508.9	512.18
Revenue Growth (YoY)	1.87%	-7.94%	12.50%	-0.64%	91.00%
Cost of Revenue	-	436.1	427.26	357.56	346.66
Gross Profit	536.96	90.99	145.27	151.34	165.52
Selling, General & Admin	-	47.77	42.58	37.69	38.76
Research & Development	-	133.02	111.27	93.93	74.58
Other Operating Expenses	672.92	3.04	-10	2.34	-0.46
Operating Expenses	672.92	183.59	147.35	135.04	116.89
Operating Income	-135.97	-92.6	-2.08	16.29	48.63
Interest Expense	-	-3.05	-2.6	-4.25	-3.52
Interest & Investment Income	-	29.93	14.46	1.36	2.86
Currency Exchange Gain (Loss)	-	4.26	1.67	8.01	-1.66
Other Non Operating Income (Expenses)	0.06	-0.46	-0.45	-0.57	-0.37
EBT Excluding Unusual Items	-135.91	-61.93	10.99	20.84	45.94
Gain (Loss) on Sale of Assets	-	-0.12	-0.07	-0.02	-0.09
Asset Writedown	-	-	-	-4.31	-
Other Unusual Items	-	6.96	7.86	20.16	13.99
Pretax Income	-135.91	-55.08	18.78	36.68	59.84
Income Tax Expense	3.34	1.68	-8.06	-3.17	0.6
Net Income	-139.24	-56.77	26.84	39.84	59.24
Net Income to Common	-139.24	-56.77	26.84	39.84	59.24
Net Income Growth	-	-	-32.63%	-32.75%	335.03%
Shares Outstanding (Basic)	387	378	336	285	296
Shares Outstanding (Diluted)	387	378	336	285	296
Shares Change (YoY)	2.20%	12.79%	17.90%	-3.93%	8.76%
EPS (Basic)	-0.36	-0.15	0.08	0.14	0.20
EPS (Diluted)	-0.36	-0.15	0.08	0.14	0.20
EPS Growth	-	-	-42.86%	-30.00%	300.00%
Free Cash Flow	-	-94.15	-19.14	-50.19	-68.13
Free Cash Flow Per Share	-	-0.25	-0.06	-0.18	-0.23
Dividend Per Share	-	-	0.030	-	-
Gross Margin	100.00%	17.26%	25.37%	29.74%	32.32%
Operating Margin	-25.32%	-17.57%	-0.36%	3.20%	9.50%
Profit Margin	-25.93%	-10.77%	4.69%	7.83%	11.57%
Free Cash Flow Margin	-	-17.86%	-3.34%	-9.86%	-13.30%
EBITDA	-116.01	-72.64	32.3	46.07	74.04
EBITDA Margin	-21.61%	-13.78%	5.64%	9.05%	14.46%
D&A For EBITDA	19.96	19.96	34.39	29.78	25.4
EBIT	-135.97	-92.6	-2.08	16.29	48.63
EBIT Margin	-25.32%	-17.57%	-0.36%	3.20%	9.50%
Effective Tax Rate	-	-	-	-	1.00%
Revenue as Reported	-	527.09	572.53	508.9	514.81
Advertising Expenses	-	0.51	0.11	0.18	0.41

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