SHA:688677 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	602.61	440.59	468.49	476.09	309.62
Other Revenue	-	2.24	2.11	0.73	0.06
Revenue	602.61	442.83	470.6	476.82	309.67
Revenue Growth (YoY)	36.08%	-5.90%	-1.31%	53.97%	12.53%
Cost of Revenue	-	162.76	176.88	171.56	116.79
Gross Profit	602.61	280.07	293.72	305.26	192.89
Selling, General & Admin	-	77.05	69.82	56.35	42.99
Research & Development	-	54.15	65.89	59.9	41.34
Other Operating Expenses	412.6	5.09	5.01	4.38	3.66
Operating Expenses	412.6	137.45	139.81	122.19	88.33
Operating Income	190.01	142.63	153.92	183.07	104.56
Interest Expense	-	-0.51	-0.47	-0.37	-0.35
Interest & Investment Income	-	4.86	4.63	10.59	14.57
Currency Exchange Gain (Loss)	-	4.8	0.91	8.4	-2.71
Other Non Operating Income (Expenses)	1.16	-0.28	-0.19	0.01	-0.21
EBT Excluding Unusual Items	191.17	151.49	158.79	201.69	115.85
Gain (Loss) on Sale of Investments	-	-4.95	-3.14	-	-
Gain (Loss) on Sale of Assets	-	-0.22	-0.18	-0.53	-0.27
Asset Writedown	-	-	-	-2.77	-
Other Unusual Items	-	6.15	4.76	7.09	17.65
Pretax Income	191.17	152.48	160.24	205.49	133.24
Income Tax Expense	19.56	18.73	18.07	23.78	16.08
Earnings From Continuing Operations	171.6	133.75	142.17	181.71	117.16
Minority Interest in Earnings	-	1.6	3.55	0.86	0.57
Net Income	171.6	135.35	145.71	182.57	117.73
Net Income to Common	171.6	135.35	145.71	182.57	117.73
Net Income Growth	26.79%	-7.11%	-20.19%	55.07%	22.19%
Shares Outstanding (Basic)	119	121	121	122	117
Shares Outstanding (Diluted)	119	121	121	122	117
Shares Change (YoY)	-1.39%	-0.48%	-0.24%	4.12%	28.26%
EPS (Basic)	1.44	1.12	1.20	1.50	1.01
EPS (Diluted)	1.44	1.12	1.20	1.50	1.01
EPS Growth	28.57%	-6.67%	-20.00%	48.94%	-4.73%
Free Cash Flow	-	36.05	102.14	2.7	3.89
Free Cash Flow Per Share	-	0.30	0.84	0.02	0.03
Dividend Per Share	-	0.600	0.550	0.571	0.293
Dividend Growth	-	9.09%	-3.74%	95.08%	2.52%
Gross Margin	100.00%	63.25%	62.41%	64.02%	62.29%
Operating Margin	31.53%	32.21%	32.71%	38.39%	33.76%
Profit Margin	28.48%	30.56%	30.96%	38.29%	38.02%
Free Cash Flow Margin	-	8.14%	21.70%	0.57%	1.26%
EBITDA	215.89	168.51	176.75	197	114.27
EBITDA Margin	35.83%	38.05%	37.56%	41.31%	36.90%
D&A For EBITDA	25.88	25.88	22.83	13.93	9.72
EBIT	190.01	142.63	153.92	183.07	104.56
EBIT Margin	31.53%	32.21%	32.71%	38.39%	33.76%
Effective Tax Rate	10.23%	12.28%	11.28%	11.57%	12.07%
Revenue as Reported	-	442.83	470.6	476.82	309.67
Advertising Expenses	-	3.62	2.49	2.57	2.38

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