SHA:688636 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	708.87	435.55	660.46	539.54	449.42
Other Revenue	-	2.38	2.54	1.33	-
Revenue	708.87	437.93	663	540.87	449.42
Revenue Growth (YoY)	61.87%	-33.95%	22.58%	20.35%	38.43%
Cost of Revenue	-	244.09	391.81	267.01	177.42
Gross Profit	708.87	193.84	271.19	273.85	272
Selling, General & Admin	-	69.01	80.11	74.41	78.07
Research & Development	-	99.02	123.28	114.13	94.64
Other Operating Expenses	590.09	-9.71	-16.95	-16.5	-13.5
Operating Expenses	590.09	171.35	198.58	182.13	164.45
Operating Income	118.78	22.49	72.6	91.72	107.55
Interest Expense	-	-2.92	-3.47	-0.82	-1.87
Interest & Investment Income	-	0.38	0.83	0.64	0.72
Earnings From Equity Investments	-	-7.23	12.19	-	-
Other Non Operating Income (Expenses)	-0.29	0.14	-0.9	-0.37	-0.67
EBT Excluding Unusual Items	118.49	12.85	81.26	91.16	105.73
Gain (Loss) on Sale of Investments	-	-	-	-13.99	-0.94
Gain (Loss) on Sale of Assets	-	-0.15	0	-0.05	0.02
Other Unusual Items	-	2.92	16.49	-3.85	15.44
Pretax Income	118.49	15.62	97.75	73.26	120.25
Income Tax Expense	8.23	-3.84	1.5	-2.09	8.74
Net Income	110.26	19.46	96.26	75.36	111.51
Net Income to Common	110.26	19.46	96.26	75.36	111.51
Net Income Growth	466.74%	-79.79%	27.73%	-32.42%	30.30%
Shares Outstanding (Basic)	167	167	167	166	152
Shares Outstanding (Diluted)	167	167	167	166	152
Shares Change (YoY)	-0.05%	0.09%	0.56%	9.17%	22.62%
EPS (Basic)	0.66	0.12	0.58	0.45	0.73
EPS (Diluted)	0.66	0.12	0.58	0.45	0.73
EPS Growth	467.01%	-79.81%	27.02%	-38.10%	6.26%
Free Cash Flow	-	-0.51	-78.24	-144.58	-92.64
Free Cash Flow Per Share	-	-0.00	-0.47	-0.87	-0.61
Dividend Per Share	-	0.095	0.095	-	0.076
Dividend Growth	-	0.74%	-	-	-
Gross Margin	100.00%	44.26%	40.90%	50.63%	60.52%
Operating Margin	16.76%	5.13%	10.95%	16.96%	23.93%
Profit Margin	15.55%	4.44%	14.52%	13.93%	24.81%
Free Cash Flow Margin	-	-0.12%	-11.80%	-26.73%	-20.61%
EBITDA	136.59	40.3	90.54	101.61	113.54
EBITDA Margin	19.27%	9.20%	13.66%	18.79%	25.26%
D&A For EBITDA	17.81	17.81	17.94	9.89	5.99
EBIT	118.78	22.49	72.6	91.72	107.55
EBIT Margin	16.76%	5.13%	10.95%	16.96%	23.93%
Effective Tax Rate	6.95%	-	1.53%	-	7.26%

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