SHA:688652 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	1,426	1,026	742.28	652.67	501.37
Other Revenue	0.54	-	-	11.05	-
Revenue	1,426	1,026	742.28	663.72	501.37
Revenue Growth (YoY)	38.95%	38.29%	11.84%	32.38%	43.74%
Cost of Revenue	993.04	704.5	506.61	447.88	314.4
Gross Profit	433.2	321.97	235.67	215.85	186.97
Selling, General & Admin	160.12	127.2	102.82	81.2	91.57
Research & Development	139.96	94.15	61.51	48.41	32.84
Other Operating Expenses	8.83	-24.11	-20.01	-14.88	-4.57
Operating Expenses	303.24	207.67	142.41	123.07	120.64
Operating Income	129.96	114.29	93.26	92.77	66.33
Interest Expense	-1.67	-1.34	-4.07	-3.87	-2.32
Interest & Investment Income	14.33	24.66	6.1	0.55	0.27
Currency Exchange Gain (Loss)	-1.91	-0.59	0.53	1.36	-1.26
Other Non Operating Income (Expenses)	-1.03	0.39	-0.45	-0.61	-1.74
EBT Excluding Unusual Items	139.66	137.42	95.37	90.21	61.28
Gain (Loss) on Sale of Investments	9.07	7.08	0.07	-	-
Gain (Loss) on Sale of Assets	0.11	-0.04	-	-	-
Asset Writedown	-0	0.01	-0.01	-0	0.01
Other Unusual Items	10.36	23.3	37.82	10.78	4.61
Pretax Income	159.2	167.77	133.25	100.99	65.9
Income Tax Expense	11.27	14.86	14.11	9.87	7.1
Net Income	147.93	152.91	119.14	91.12	58.8
Net Income to Common	147.93	152.91	119.14	91.12	58.8
Net Income Growth	-3.26%	28.35%	30.75%	54.95%	828.81%
Shares Outstanding (Basic)	168	168	129	127	120
Shares Outstanding (Diluted)	168	168	129	127	120
Shares Change (YoY)	0.04%	29.76%	2.32%	5.45%	-
EPS (Basic)	0.88	0.91	0.92	0.72	0.49
EPS (Diluted)	0.88	0.91	0.92	0.72	0.49
EPS Growth	-3.30%	-1.09%	27.78%	46.94%	-
Free Cash Flow	139.52	-120.34	11.75	-5.3	12.06
Free Cash Flow Per Share	0.83	-0.72	0.09	-0.04	0.10
Dividend Per Share	0.125	0.125	0.075	-	-
Dividend Growth	-	66.67%	-	-	-
Gross Margin	30.37%	31.37%	31.75%	32.52%	37.29%
Operating Margin	9.11%	11.13%	12.56%	13.98%	13.23%
Profit Margin	10.37%	14.90%	16.05%	13.73%	11.73%
Free Cash Flow Margin	9.78%	-11.72%	1.58%	-0.80%	2.40%
EBITDA	138.28	120.69	97.39	96.66	69.51
EBITDA Margin	9.70%	11.76%	13.12%	14.56%	13.86%
D&A For EBITDA	8.32	6.4	4.12	3.88	3.18
EBIT	129.96	114.29	93.26	92.77	66.33
EBIT Margin	9.11%	11.13%	12.56%	13.98%	13.23%
Effective Tax Rate	7.08%	8.86%	10.59%	9.78%	10.77%
Revenue as Reported	1,426	1,026	742.28	663.72	-

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