SHA:688628 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	1,221	1,126	1,017	881.07	836.99
Other Revenue	-	4.89	3.29	10.36	5.15
Revenue	1,221	1,130	1,020	891.42	842.15
Revenue Growth (YoY)	7.99%	10.81%	14.44%	5.85%	-4.90%
Cost of Revenue	-	627.69	583.28	572.91	557.59
Gross Profit	1,221	502.72	436.87	318.51	284.56
Selling, General & Admin	-	196.13	168.45	127.99	116.45
Research & Development	-	116.72	103.2	71.52	59.19
Other Operating Expenses	1,071	8.9	9.71	8.29	3.57
Operating Expenses	1,071	324.17	281.46	209	180.21
Operating Income	149.96	178.55	155.41	109.51	104.35
Interest Expense	-	-0.75	-0.29	-0.14	-0.12
Interest & Investment Income	-	14.54	12.05	8.46	9.62
Currency Exchange Gain (Loss)	-	5.58	4.86	7.14	-0.92
Other Non Operating Income (Expenses)	-1.42	-1.04	-0.9	-0.45	-0.69
EBT Excluding Unusual Items	148.54	196.88	171.12	124.52	112.23
Gain (Loss) on Sale of Investments	-	0.02	0.06	0.3	-0.37
Gain (Loss) on Sale of Assets	-	-0.13	-0.1	-0.1	-0.09
Other Unusual Items	-	3.57	4.57	1.87	8.43
Pretax Income	148.54	200.33	175.66	126.58	120.2
Income Tax Expense	-3.91	21.19	17.35	11.61	12.16
Earnings From Continuing Operations	152.45	179.14	158.31	114.97	108.04
Minority Interest in Earnings	-	4.26	3.08	2.43	0.68
Net Income	152.45	183.4	161.39	117.41	108.72
Net Income to Common	152.45	183.4	161.39	117.41	108.72
Net Income Growth	-16.88%	13.64%	37.46%	7.99%	-26.04%
Shares Outstanding (Basic)	111	110	111	111	108
Shares Outstanding (Diluted)	111	110	111	111	108
Shares Change (YoY)	0.72%	-0.05%	-0.20%	2.90%	30.35%
EPS (Basic)	1.37	1.66	1.46	1.06	1.01
EPS (Diluted)	1.37	1.66	1.46	1.06	1.01
EPS Growth	-17.47%	13.70%	37.74%	4.95%	-43.26%
Free Cash Flow	-	67.71	83.49	-12.23	-182.52
Free Cash Flow Per Share	-	0.61	0.76	-0.11	-1.70
Dividend Per Share	-	1.300	0.900	0.380	0.300
Dividend Growth	-	44.44%	136.84%	26.67%	-33.33%
Gross Margin	100.00%	44.47%	42.82%	35.73%	33.79%
Operating Margin	12.28%	15.79%	15.23%	12.28%	12.39%
Profit Margin	12.49%	16.23%	15.82%	13.17%	12.91%
Free Cash Flow Margin	-	5.99%	8.18%	-1.37%	-21.67%
EBITDA	186.77	215.36	190.63	140.54	125.18
EBITDA Margin	15.30%	19.05%	18.69%	15.77%	14.86%
D&A For EBITDA	36.81	36.81	35.21	31.03	20.83
EBIT	149.96	178.55	155.41	109.51	104.35
EBIT Margin	12.28%	15.79%	15.23%	12.28%	12.39%
Effective Tax Rate	-	10.58%	9.88%	9.17%	10.12%
Revenue as Reported	-	1,130	1,020	891.42	842.15
Advertising Expenses	-	31.43	29.72	15.67	17.94

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