SHA:688663 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	2,009	1,904	1,668	1,293	936.96
Other Revenue	-	13.41	32.58	10.27	5.85
Revenue	2,009	1,918	1,701	1,303	942.81
Revenue Growth (YoY)	4.74%	12.75%	30.50%	38.23%	11.71%
Cost of Revenue	1,571	1,474	1,243	963.76	677.41
Gross Profit	437.34	443.15	457.83	339.5	265.4
Selling, General & Admin	228.29	192.19	220.64	159.1	127.25
Research & Development	100.32	86.4	78.08	59.49	39.32
Other Operating Expenses	-23.14	-30.75	-21.89	-13.33	-10.79
Operating Expenses	323.34	247.45	284.44	217.72	159.89
Operating Income	113.99	195.7	173.39	121.78	105.51
Interest Expense	-0.52	-0.15	-0.07	-0.18	-0.03
Interest & Investment Income	11.03	11.79	9.03	12.13	6.18
Currency Exchange Gain (Loss)	-	0.05	-	-	-
Other Non Operating Income (Expenses)	-1.54	-1.59	-0.84	-1.43	-0.45
EBT Excluding Unusual Items	122.96	205.8	181.52	132.3	111.22
Gain (Loss) on Sale of Investments	-0.23	-	-	1.05	1.4
Gain (Loss) on Sale of Assets	-	-	-0.02	-	-0
Asset Writedown	-18.97	-	-	-	-
Other Unusual Items	-	-9.63	3.21	8.89	18.85
Pretax Income	103.76	196.16	184.71	142.24	131.46
Income Tax Expense	2.02	20.88	18.51	14.17	15.38
Earnings From Continuing Operations	101.75	175.29	166.2	128.07	116.08
Minority Interest in Earnings	-6.34	-0.94	-0.58	0.62	-
Net Income	95.41	174.34	165.62	128.69	116.08
Net Income to Common	95.41	174.34	165.62	128.69	116.08
Net Income Growth	-45.27%	5.27%	28.70%	10.86%	8.77%
Shares Outstanding (Basic)	138	139	140	140	129
Shares Outstanding (Diluted)	138	139	140	141	129
Shares Change (YoY)	-0.86%	-0.63%	-0.75%	9.64%	23.28%
EPS (Basic)	0.69	1.25	1.18	0.92	0.90
EPS (Diluted)	0.69	1.25	1.18	0.91	0.90
EPS Growth	-44.80%	5.93%	29.67%	1.11%	-11.77%
Free Cash Flow	397.13	227.01	130.77	35.83	18.84
Free Cash Flow Per Share	2.87	1.63	0.93	0.25	0.15
Dividend Per Share	-	0.600	0.500	0.400	0.400
Dividend Growth	-	20.00%	25.00%	-	33.33%
Gross Margin	21.77%	23.11%	26.92%	26.05%	28.15%
Operating Margin	5.67%	10.21%	10.20%	9.34%	11.19%
Profit Margin	4.75%	9.09%	9.74%	9.87%	12.31%
Free Cash Flow Margin	19.77%	11.84%	7.69%	2.75%	2.00%
EBITDA	134.89	210.66	186.76	133.33	115.02
EBITDA Margin	6.72%	10.99%	10.98%	10.23%	12.20%
D&A For EBITDA	20.89	14.96	13.37	11.55	9.51
EBIT	113.99	195.7	173.39	121.78	105.51
EBIT Margin	5.67%	10.21%	10.20%	9.34%	11.19%
Effective Tax Rate	1.94%	10.64%	10.02%	9.96%	11.70%
Revenue as Reported	2,009	1,918	1,701	1,303	942.81
Advertising Expenses	-	5.2	4.73	1.3	5.41

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