SHA:688679 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	1,405	1,600	1,490	1,276	961.58
Other Revenue	-	-	0.71	0.21	0.71
Revenue	1,405	1,600	1,491	1,277	962.29
Revenue Growth (YoY)	-12.23%	7.34%	16.78%	32.67%	12.75%
Cost of Revenue	1,435	1,306	1,230	1,034	761.56
Gross Profit	-30.47	294.54	260.43	242.74	200.73
Selling, General & Admin	-	124.6	113.65	114.97	112.07
Research & Development	-	48.4	52.08	43.48	34.96
Other Operating Expenses	-	8.27	4.97	6.07	4.38
Operating Expenses	-	232.99	228.16	190.99	178.25
Operating Income	-30.47	61.54	32.27	51.76	22.48
Interest Expense	-	-12.97	-9.02	-7.95	-9.52
Interest & Investment Income	-	1.64	6.62	8.53	20.41
Currency Exchange Gain (Loss)	-	0	-	-	-
Other Non Operating Income (Expenses)	-4.96	-4.07	1	-2.39	-0.71
EBT Excluding Unusual Items	-35.43	46.15	30.87	49.94	32.66
Gain (Loss) on Sale of Investments	-	-10.75	-	0.21	0
Gain (Loss) on Sale of Assets	-	0.21	0.02	0.09	-0.04
Asset Writedown	-	-10.87	-3.88	-7.47	-
Other Unusual Items	-	5.14	3.01	7.41	21.69
Pretax Income	-35.43	29.87	30.01	50.19	54.31
Income Tax Expense	4.73	3.98	3.16	8.2	7.66
Earnings From Continuing Operations	-40.16	25.89	26.85	41.99	46.65
Minority Interest in Earnings	-	-4.15	4.88	3.55	3.48
Net Income	-40.16	21.75	31.73	45.54	50.13
Net Income to Common	-40.16	21.75	31.73	45.54	50.13
Net Income Growth	-	-31.45%	-30.32%	-9.16%	-44.56%
Shares Outstanding (Basic)	134	128	132	130	132
Shares Outstanding (Diluted)	134	136	132	130	132
Shares Change (YoY)	-1.51%	2.82%	1.61%	-1.37%	34.22%
EPS (Basic)	-0.30	0.17	0.24	0.35	0.38
EPS (Diluted)	-0.30	0.16	0.24	0.35	0.38
EPS Growth	-	-33.33%	-31.43%	-7.90%	-58.70%
Free Cash Flow	-	-28.39	-115.29	78.31	-237.26
Free Cash Flow Per Share	-	-0.21	-0.87	0.60	-1.80
Dividend Per Share	-	0.061	0.073	0.104	0.120
Dividend Growth	-	-16.44%	-29.81%	-13.33%	-42.86%
Gross Margin	-2.17%	18.40%	17.47%	19.01%	20.86%
Operating Margin	-2.17%	3.85%	2.16%	4.05%	2.34%
Profit Margin	-2.86%	1.36%	2.13%	3.57%	5.21%
Free Cash Flow Margin	-	-1.77%	-7.73%	6.13%	-24.66%
EBITDA	-0.43	91.59	56.59	76.64	44.15
EBITDA Margin	-0.03%	5.72%	3.80%	6.00%	4.59%
D&A For EBITDA	30.04	30.04	24.33	24.89	21.67
EBIT	-30.47	61.54	32.27	51.76	22.48
EBIT Margin	-2.17%	3.85%	2.16%	4.05%	2.34%
Effective Tax Rate	-	13.33%	10.54%	16.34%	14.11%
Revenue as Reported	-	1,600	1,491	1,277	962.29

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