SHA:688683 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	961.79	509.74	425.88	466.41	446.48
Other Revenue	-	15.91	12.34	9.41	8.56
Revenue	961.79	525.65	438.22	475.82	455.04
Revenue Growth (YoY)	82.97%	19.95%	-7.90%	4.57%	13.53%
Cost of Revenue	914.15	403.86	336.77	354.3	311.8
Gross Profit	47.63	121.78	101.45	121.52	143.24
Selling, General & Admin	-	63.21	54.89	54.73	54.65
Research & Development	-	29.54	23.79	25.78	25.38
Other Operating Expenses	-	1.53	1.33	1.69	2.01
Operating Expenses	-	92.89	80.25	84.25	82.52
Operating Income	47.63	28.89	21.2	37.26	60.72
Interest Expense	-	-1.25	-0.79	-1.38	-1.47
Interest & Investment Income	-	3.71	6.98	6.6	9.3
Currency Exchange Gain (Loss)	-	1.39	0.68	6.21	-2.69
Other Non Operating Income (Expenses)	0.21	-2.2	-0.17	0.02	-0.03
EBT Excluding Unusual Items	47.85	30.53	27.9	48.71	65.83
Gain (Loss) on Sale of Investments	-	0.04	-1.53	-1.71	1.49
Gain (Loss) on Sale of Assets	-	-0.07	-3.06	0.92	-0.05
Other Unusual Items	-	8.95	4.15	4.93	9.39
Pretax Income	47.85	39.44	27.47	52.85	76.66
Income Tax Expense	5.38	2.44	0.84	4.54	8.91
Earnings From Continuing Operations	42.46	37.01	26.62	48.31	67.74
Minority Interest in Earnings	-	0.35	2.63	-0.61	-
Net Income	42.46	37.36	29.25	47.69	67.74
Net Income to Common	42.46	37.36	29.25	47.69	67.74
Net Income Growth	13.67%	27.69%	-38.66%	-29.60%	7.00%
Shares Outstanding (Basic)	152	156	154	149	135
Shares Outstanding (Diluted)	152	156	154	149	135
Shares Change (YoY)	-2.57%	1.09%	3.31%	10.01%	21.98%
EPS (Basic)	0.28	0.24	0.19	0.32	0.50
EPS (Diluted)	0.28	0.24	0.19	0.32	0.50
EPS Growth	16.67%	26.32%	-40.63%	-36.00%	-12.28%
Free Cash Flow	-	-216.27	-135.97	-67.67	-46.57
Free Cash Flow Per Share	-	-1.39	-0.88	-0.45	-0.34
Dividend Per Share	-	0.066	0.065	0.100	0.150
Dividend Growth	-	1.54%	-35.00%	-33.33%	-11.77%
Gross Margin	4.95%	23.17%	23.15%	25.54%	31.48%
Operating Margin	4.95%	5.50%	4.84%	7.83%	13.34%
Profit Margin	4.42%	7.11%	6.68%	10.02%	14.89%
Free Cash Flow Margin	-	-41.14%	-31.03%	-14.22%	-10.23%
EBITDA	73.72	54.98	43.51	50.69	71.3
EBITDA Margin	7.66%	10.46%	9.93%	10.65%	15.67%
D&A For EBITDA	26.09	26.09	22.31	13.43	10.58
EBIT	47.63	28.89	21.2	37.26	60.72
EBIT Margin	4.95%	5.50%	4.84%	7.83%	13.34%
Effective Tax Rate	11.25%	6.18%	3.06%	8.59%	11.63%
Revenue as Reported	-	525.65	438.22	475.82	455.04

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