SHA:688631 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	1,274	1,606	1,671	1,569	1,610
Other Revenue	-	4.29	4.77	7.1	9.16
Revenue	1,274	1,610	1,676	1,576	1,619
Revenue Growth (YoY)	-20.89%	-3.94%	6.35%	-2.65%	19.96%
Cost of Revenue	-	1,136	1,233	1,145	1,208
Gross Profit	1,274	473.61	442.72	431.27	410.84
Selling, General & Admin	-	187.8	194.17	197.77	200.46
Research & Development	-	145.56	128.57	118.72	108.99
Other Operating Expenses	1,230	-26.48	-6.5	-3.78	-12.76
Operating Expenses	1,230	371.24	339.57	344.06	312.05
Operating Income	43.13	102.37	103.14	87.2	98.79
Interest Expense	-	-0.01	-3.74	-1.42	-1.07
Interest & Investment Income	-	21.31	21.08	6.48	3.98
Currency Exchange Gain (Loss)	-	-0	0.81	-1.02	0.2
Other Non Operating Income (Expenses)	0.41	-5.46	-2.16	0.51	0.67
EBT Excluding Unusual Items	43.54	118.21	119.13	91.76	102.57
Gain (Loss) on Sale of Investments	-	0.2	0.03	-	-0.34
Gain (Loss) on Sale of Assets	-	-0.02	-0.07	-0.13	-
Asset Writedown	-	-	-	-	-0.14
Other Unusual Items	-	15.14	21.09	5.3	5.45
Pretax Income	43.54	133.53	140.19	96.93	107.55
Income Tax Expense	-11.69	1.07	3.79	2.06	7.13
Earnings From Continuing Operations	55.23	132.46	136.41	94.87	100.42
Minority Interest in Earnings	-	-3.42	-4.31	-5.38	-3.54
Net Income	55.23	129.04	132.09	89.5	96.88
Net Income to Common	55.23	129.04	132.09	89.5	96.88
Net Income Growth	-57.20%	-2.31%	47.60%	-7.63%	0.51%
Shares Outstanding (Basic)	162	163	144	123	123
Shares Outstanding (Diluted)	162	163	144	123	123
Shares Change (YoY)	-0.55%	13.77%	17.12%	-0.03%	0.51%
EPS (Basic)	0.34	0.79	0.92	0.73	0.79
EPS (Diluted)	0.34	0.79	0.92	0.73	0.79
EPS Growth	-56.96%	-14.13%	26.03%	-7.60%	-
Free Cash Flow	-	29.6	62.18	51.68	53.51
Free Cash Flow Per Share	-	0.18	0.43	0.42	0.44
Dividend Per Share	-	0.400	0.410	-	-
Dividend Growth	-	-2.44%	-	-	-
Gross Margin	100.00%	29.42%	26.42%	27.37%	25.38%
Operating Margin	3.39%	6.36%	6.16%	5.53%	6.10%
Profit Margin	4.34%	8.02%	7.88%	5.68%	5.99%
Free Cash Flow Margin	-	1.84%	3.71%	3.28%	3.31%
EBITDA	60.89	120.12	121.6	104.24	118.22
EBITDA Margin	4.78%	7.46%	7.26%	6.62%	7.30%
D&A For EBITDA	17.75	17.75	18.46	17.03	19.43
EBIT	43.13	102.37	103.14	87.2	98.79
EBIT Margin	3.39%	6.36%	6.16%	5.53%	6.10%
Effective Tax Rate	-	0.80%	2.70%	2.13%	6.63%
Revenue as Reported	-	1,610	1,676	1,576	1,619
Advertising Expenses	-	3.75	4.93	3.27	1.78

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