SHA:688668 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	1,584	936.89	613.33	771.75	531.86
Other Revenue	-	94.77	69.34	67.37	36.13
Revenue	1,584	1,032	682.66	839.12	567.99
Revenue Growth (YoY)	53.52%	51.12%	-18.64%	47.74%	58.76%
Cost of Revenue	1,323	755.7	510.05	544.58	374.7
Gross Profit	261.21	275.97	172.61	294.54	193.29
Selling, General & Admin	-	87.83	67.41	53.95	39.84
Research & Development	-	91.52	72.68	65.57	37.16
Other Operating Expenses	-	4.92	2.92	5.46	4.5
Operating Expenses	-	185.56	143.69	125.87	82.74
Operating Income	261.21	90.4	28.93	168.66	110.55
Interest Expense	-	-0.95	-1.13	-1.66	-1.73
Interest & Investment Income	-	12.71	22.01	3.94	3.7
Currency Exchange Gain (Loss)	-	3.11	0.82	1.13	-1.42
Other Non Operating Income (Expenses)	-0.97	-0.14	5.7	-0.14	-0.1
EBT Excluding Unusual Items	260.24	105.13	56.32	171.95	111
Gain (Loss) on Sale of Investments	-	0.75	0.81	1.12	5.04
Gain (Loss) on Sale of Assets	-	-1.04	-0.38	0.24	-0.13
Other Unusual Items	-	10.33	9.54	10.56	6.5
Pretax Income	260.24	115.17	66.29	183.87	122.42
Income Tax Expense	18.96	4.83	-0.28	15.41	13.04
Net Income	241.28	110.34	66.57	168.47	109.38
Net Income to Common	241.28	110.34	66.57	168.47	109.38
Net Income Growth	118.68%	65.74%	-60.48%	54.02%	50.39%
Shares Outstanding (Basic)	139	138	139	121	120
Shares Outstanding (Diluted)	139	138	139	121	120
Shares Change (YoY)	0.54%	-0.55%	14.67%	1.10%	33.94%
EPS (Basic)	1.74	0.80	0.48	1.39	0.91
EPS (Diluted)	1.74	0.80	0.48	1.39	0.91
EPS Growth	117.50%	66.67%	-65.54%	52.35%	12.28%
Free Cash Flow	-	-128.9	-160.86	-86.26	-101.71
Free Cash Flow Per Share	-	-0.94	-1.16	-0.71	-0.85
Dividend Per Share	-	0.500	0.357	0.500	0.429
Dividend Growth	-	40.02%	-28.58%	16.66%	20.02%
Gross Margin	16.49%	26.75%	25.29%	35.10%	34.03%
Operating Margin	16.49%	8.76%	4.24%	20.10%	19.46%
Profit Margin	15.23%	10.70%	9.75%	20.08%	19.26%
Free Cash Flow Margin	-	-12.49%	-23.56%	-10.28%	-17.91%
EBITDA	323.51	152.71	81.85	206.83	135.03
EBITDA Margin	20.43%	14.80%	11.99%	24.65%	23.77%
D&A For EBITDA	62.3	62.3	52.93	38.16	24.48
EBIT	261.21	90.4	28.93	168.66	110.55
EBIT Margin	16.49%	8.76%	4.24%	20.10%	19.46%
Effective Tax Rate	7.28%	4.20%	-	8.38%	10.65%
Revenue as Reported	-	1,032	682.66	839.12	567.99

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