SHA:688630 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	Mar '26 Mar 31, 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	1,673	1,401	947.72	823.64	647.25	489.54
Other Revenue	7.38	7.38	6.22	5.21	5.03	2.71
Revenue	1,681	1,408	953.94	828.86	652.28	492.25
Revenue Growth (YoY)	68.38%	47.61%	15.09%	27.07%	32.51%	58.74%
Cost of Revenue	1,019	857.81	616.17	489.74	371.3	281.78
Gross Profit	661.13	550.31	337.77	339.11	280.98	210.46
Selling, General & Admin	131.36	110.54	96.23	76.38	63.37	48.91
Research & Development	144.23	131.23	97.7	94.54	84.74	56.48
Other Operating Expenses	-11.58	-15	-13.26	-7.05	5.01	2.24
Operating Expenses	271.36	232.23	198.59	186.89	164.26	118
Operating Income	389.77	318.08	139.19	152.22	116.72	92.46
Interest Expense	-0.34	-0.33	-0.47	-0.7	-0.22	-2.09
Interest & Investment Income	21.48	16.39	25.69	18.35	9.39	9.55
Currency Exchange Gain (Loss)	-4.15	-4.15	-2.84	1.7	2.78	2.05
Other Non Operating Income (Expenses)	-6.72	-0.98	-0.4	-0.9	-0.4	-1.05
EBT Excluding Unusual Items	400.04	329.01	161.16	170.67	128.27	100.91
Gain (Loss) on Sale of Investments	0.36	4.65	0.87	0.89	-0.06	1.54
Gain (Loss) on Sale of Assets	-0.01	-0.25	0.01	-0.01	-0.86	0
Other Unusual Items	-3.7	-3.7	9.02	23.48	21.06	13.68
Pretax Income	396.06	329.72	171.07	195.03	148.4	116.14
Income Tax Expense	49.6	39.78	10.37	15.73	11.81	9.98
Net Income	346.46	289.93	160.7	179.31	136.59	106.16
Net Income to Common	346.46	289.93	160.7	179.31	136.59	106.16
Net Income Growth	100.50%	80.42%	-10.38%	31.28%	28.66%	49.44%
Shares Outstanding (Basic)	131	131	131	125	121	113
Shares Outstanding (Diluted)	131	131	131	125	121	113
Shares Change (YoY)	0.18%	0.42%	4.19%	3.74%	7.03%	24.00%
EPS (Basic)	2.65	2.21	1.23	1.43	1.13	0.94
EPS (Diluted)	2.64	2.21	1.23	1.43	1.13	0.94
EPS Growth	100.14%	79.67%	-13.99%	26.55%	20.21%	20.51%
Free Cash Flow	186.95	4.97	-137.07	-156.83	-33.13	-102.07
Free Cash Flow Per Share	1.43	0.04	-1.05	-1.25	-0.27	-0.90
Dividend Per Share	0.700	0.700	0.370	0.800	-	0.200
Dividend Growth	89.19%	89.19%	-53.75%	-	-	-
Gross Margin	39.34%	39.08%	35.41%	40.91%	43.08%	42.76%
Operating Margin	23.19%	22.59%	14.59%	18.37%	17.89%	18.78%
Profit Margin	20.61%	20.59%	16.84%	21.63%	20.94%	21.57%
Free Cash Flow Margin	11.12%	0.35%	-14.37%	-18.92%	-5.08%	-20.74%
EBITDA	404.41	333.03	155.34	168.52	127.11	98.34
EBITDA Margin	24.06%	23.65%	16.28%	20.33%	19.49%	19.98%
D&A For EBITDA	14.64	14.94	16.15	16.29	10.39	5.88
EBIT	389.77	318.08	139.19	152.22	116.72	92.46
EBIT Margin	23.19%	22.59%	14.59%	18.37%	17.89%	18.78%
Effective Tax Rate	12.52%	12.07%	6.06%	8.06%	7.96%	8.59%
Revenue as Reported	1,681	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.