SHA:688630 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	1,401	947.72	823.64	647.25	489.54
Other Revenue	7.38	6.22	5.21	5.03	2.71
Revenue	1,408	953.94	828.86	652.28	492.25
Revenue Growth (YoY)	47.61%	15.09%	27.07%	32.51%	58.74%
Cost of Revenue	857.81	616.17	489.74	371.3	281.78
Gross Profit	550.31	337.77	339.11	280.98	210.46
Selling, General & Admin	110.54	96.23	76.38	63.37	48.91
Research & Development	131.23	97.7	94.54	84.74	56.48
Other Operating Expenses	-15	-13.26	-7.05	5.01	2.24
Operating Expenses	232.23	198.59	186.89	164.26	118
Operating Income	318.08	139.19	152.22	116.72	92.46
Interest Expense	-0.33	-0.47	-0.7	-0.22	-2.09
Interest & Investment Income	16.39	25.69	18.35	9.39	9.55
Currency Exchange Gain (Loss)	-4.15	-2.84	1.7	2.78	2.05
Other Non Operating Income (Expenses)	-0.98	-0.4	-0.9	-0.4	-1.05
EBT Excluding Unusual Items	329.01	161.16	170.67	128.27	100.91
Gain (Loss) on Sale of Investments	4.65	0.87	0.89	-0.06	1.54
Gain (Loss) on Sale of Assets	-0.25	0.01	-0.01	-0.86	0
Other Unusual Items	-3.7	9.02	23.48	21.06	13.68
Pretax Income	329.72	171.07	195.03	148.4	116.14
Income Tax Expense	39.78	10.37	15.73	11.81	9.98
Net Income	289.93	160.7	179.31	136.59	106.16
Net Income to Common	289.93	160.7	179.31	136.59	106.16
Net Income Growth	80.42%	-10.38%	31.28%	28.66%	49.44%
Shares Outstanding (Basic)	131	131	125	121	113
Shares Outstanding (Diluted)	131	131	125	121	113
Shares Change (YoY)	0.42%	4.19%	3.74%	7.03%	24.00%
EPS (Basic)	2.21	1.23	1.43	1.13	0.94
EPS (Diluted)	2.21	1.23	1.43	1.13	0.94
EPS Growth	79.67%	-13.99%	26.55%	20.21%	20.51%
Free Cash Flow	4.97	-137.07	-156.83	-33.13	-102.07
Free Cash Flow Per Share	0.04	-1.05	-1.25	-0.27	-0.90
Dividend Per Share	0.700	0.370	0.800	-	0.200
Dividend Growth	89.19%	-53.75%	-	-	-
Gross Margin	39.08%	35.41%	40.91%	43.08%	42.76%
Operating Margin	22.59%	14.59%	18.37%	17.89%	18.78%
Profit Margin	20.59%	16.84%	21.63%	20.94%	21.57%
Free Cash Flow Margin	0.35%	-14.37%	-18.92%	-5.08%	-20.74%
EBITDA	333.03	155.34	168.52	127.11	98.34
EBITDA Margin	23.65%	16.28%	20.33%	19.49%	19.98%
D&A For EBITDA	14.94	16.15	16.29	10.39	5.88
EBIT	318.08	139.19	152.22	116.72	92.46
EBIT Margin	22.59%	14.59%	18.37%	17.89%	18.78%
Effective Tax Rate	12.07%	6.06%	8.06%	7.96%	8.59%
Revenue as Reported	1,408	953.94	828.86	652.28	492.25
Advertising Expenses	1.01	1.9	2.12	1.02	1.34

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