SHA:688659 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	698.64	629.45	523.52	579.03	499.75
Other Revenue	-	0.21	0.72	-	2.25
Revenue	698.64	629.66	524.24	579.03	502
Revenue Growth (YoY)	10.95%	20.11%	-9.46%	15.35%	9.51%
Cost of Revenue	726.02	472.95	382.86	439.86	347.23
Gross Profit	-27.38	156.71	141.39	139.17	154.76
Selling, General & Admin	-	129.37	111.65	92.44	52.6
Research & Development	-	37	35.72	45.75	32.38
Other Operating Expenses	-	-3.53	0.82	-0	2.65
Operating Expenses	-	176.04	158.23	147.18	94.84
Operating Income	-27.38	-19.32	-16.84	-8.01	59.93
Interest Expense	-	-14.17	-14.66	-7.15	-3.47
Interest & Investment Income	-	2.96	2.01	3.72	3.03
Currency Exchange Gain (Loss)	-	0.23	0.99	-0.01	-0.15
Other Non Operating Income (Expenses)	-1.34	-8.78	-0.95	-1.44	-0.39
EBT Excluding Unusual Items	-28.73	-39.08	-29.45	-12.88	58.95
Gain (Loss) on Sale of Investments	-	0.07	0.1	0.07	0.18
Gain (Loss) on Sale of Assets	-	-1.81	-1.96	-0.26	-
Asset Writedown	-	-21.08	-8.1	-6.52	-
Other Unusual Items	-	3.1	4.64	20.84	17.03
Pretax Income	-28.73	-58.81	-34.77	1.25	76.17
Income Tax Expense	1.47	2.04	-9.4	-4.93	5.72
Net Income	-30.19	-60.86	-25.38	6.19	70.45
Net Income to Common	-30.19	-60.86	-25.38	6.19	70.45
Net Income Growth	-	-	-	-91.22%	13.53%
Shares Outstanding (Basic)	159	160	159	155	150
Shares Outstanding (Diluted)	159	160	159	155	150
Shares Change (YoY)	-0.77%	0.96%	2.55%	3.19%	25.61%
EPS (Basic)	-0.19	-0.38	-0.16	0.04	0.47
EPS (Diluted)	-0.19	-0.38	-0.16	0.04	0.47
EPS Growth	-	-	-	-91.49%	-9.62%
Free Cash Flow	-	-1.45	-28.11	-278.19	-6.55
Free Cash Flow Per Share	-	-0.01	-0.18	-1.80	-0.04
Dividend Per Share	-	-	-	-	0.135
Dividend Growth	-	-	-	-	12.50%
Gross Margin	-3.92%	24.89%	26.97%	24.04%	30.83%
Operating Margin	-3.92%	-3.07%	-3.21%	-1.38%	11.94%
Profit Margin	-4.32%	-9.66%	-4.84%	1.07%	14.03%
Free Cash Flow Margin	-	-0.23%	-5.36%	-48.04%	-1.31%
EBITDA	14.41	22.47	18.88	20.02	80.77
EBITDA Margin	2.06%	3.57%	3.60%	3.46%	16.09%
D&A For EBITDA	41.79	41.79	35.72	28.03	20.84
EBIT	-27.38	-19.32	-16.84	-8.01	59.93
EBIT Margin	-3.92%	-3.07%	-3.21%	-1.38%	11.94%
Effective Tax Rate	-	-	-	-	7.51%
Revenue as Reported	-	629.66	524.24	579.03	502
Advertising Expenses	-	1.62	1.35	0.54	1.89

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