SHA:688683 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,096	948.31	509.74	425.88	466.41	446.48
Other Revenue	29.22	29.22	15.91	12.34	9.41	8.56
Revenue	1,125	977.53	525.65	438.22	475.82	455.04
Revenue Growth (YoY)	90.29%	85.97%	19.95%	-7.90%	4.57%	13.53%
Cost of Revenue	929.66	800.37	403.86	336.77	354.3	311.8
Gross Profit	195.57	177.16	121.78	101.45	121.52	143.24
Selling, General & Admin	82.12	77.19	63.21	54.89	54.73	54.65
Research & Development	58.41	51.91	29.54	23.79	25.78	25.38
Other Operating Expenses	6.34	3.66	1.53	1.33	1.69	2.01
Operating Expenses	148.84	134.72	92.89	80.25	84.25	82.52
Operating Income	46.74	42.44	28.89	21.2	37.26	60.72
Interest Expense	-1.37	-1.37	-1.25	-0.79	-1.38	-1.47
Interest & Investment Income	1.6	1.54	3.71	6.98	6.6	9.3
Currency Exchange Gain (Loss)	-0.31	-0.31	1.39	0.68	6.21	-2.69
Other Non Operating Income (Expenses)	-1.44	-0.23	-2.2	-0.17	0.02	-0.03
EBT Excluding Unusual Items	45.24	42.08	30.53	27.9	48.71	65.83
Gain (Loss) on Sale of Investments	0.41	0.36	0.04	-1.53	-1.71	1.49
Gain (Loss) on Sale of Assets	-0.13	-0.1	-0.07	-3.06	0.92	-0.05
Asset Writedown	0.74	-	-	-	-	-
Other Unusual Items	4.02	4.02	8.95	4.15	4.93	9.39
Pretax Income	50.28	46.34	39.44	27.47	52.85	76.66
Income Tax Expense	1.17	1.37	2.44	0.84	4.54	8.91
Earnings From Continuing Operations	49.11	44.98	37.01	26.62	48.31	67.74
Minority Interest in Earnings	-4.18	-3.38	0.35	2.63	-0.61	-
Net Income	44.93	41.6	37.36	29.25	47.69	67.74
Net Income to Common	44.93	41.6	37.36	29.25	47.69	67.74
Net Income Growth	13.25%	11.36%	27.69%	-38.66%	-29.60%	7.00%
Shares Outstanding (Basic)	155	154	156	154	149	135
Shares Outstanding (Diluted)	155	154	156	154	149	135
Shares Change (YoY)	1.87%	-1.01%	1.09%	3.31%	10.01%	21.98%
EPS (Basic)	0.29	0.27	0.24	0.19	0.32	0.50
EPS (Diluted)	0.29	0.27	0.24	0.19	0.32	0.50
EPS Growth	11.17%	12.50%	26.32%	-40.63%	-36.00%	-12.28%
Free Cash Flow	-53.57	-27.55	-216.27	-135.97	-67.67	-46.57
Free Cash Flow Per Share	-0.35	-0.18	-1.39	-0.88	-0.45	-0.34
Dividend Per Share	0.080	0.080	0.066	0.065	0.100	0.150
Dividend Growth	21.21%	21.21%	1.54%	-35.00%	-33.33%	-11.77%
Gross Margin	17.38%	18.12%	23.17%	23.15%	25.54%	31.48%
Operating Margin	4.15%	4.34%	5.50%	4.84%	7.83%	13.34%
Profit Margin	3.99%	4.26%	7.11%	6.68%	10.02%	14.89%
Free Cash Flow Margin	-4.76%	-2.82%	-41.14%	-31.03%	-14.22%	-10.23%
EBITDA	82.71	76.53	55.46	43.51	50.69	71.3
EBITDA Margin	7.35%	7.83%	10.55%	9.93%	10.65%	15.67%
D&A For EBITDA	35.97	34.09	26.57	22.31	13.43	10.58
EBIT	46.74	42.44	28.89	21.2	37.26	60.72
EBIT Margin	4.15%	4.34%	5.50%	4.84%	7.83%	13.34%
Effective Tax Rate	2.32%	2.95%	6.18%	3.06%	8.59%	11.63%
Revenue as Reported	977.53	977.53	525.65	438.22	475.82	455.04

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