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	977.53	509.74	425.88	466.41	446.48
Other Revenue	-	15.91	12.34	9.41	8.56
Revenue	977.53	525.65	438.22	475.82	455.04
Revenue Growth (YoY)	85.97%	19.95%	-7.90%	4.57%	13.53%
Cost of Revenue	795.91	403.86	336.77	354.3	311.8
Gross Profit	181.62	121.78	101.45	121.52	143.24
Selling, General & Admin	77.19	63.21	54.89	54.73	54.65
Research & Development	51.91	29.54	23.79	25.78	25.38
Other Operating Expenses	-0.01	1.53	1.33	1.69	2.01
Operating Expenses	129.08	92.89	80.25	84.25	82.52
Operating Income	52.54	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)	-2.04	-2.2	-0.17	0.02	-0.03
EBT Excluding Unusual Items	50.5	30.53	27.9	48.71	65.83
Gain (Loss) on Sale of Investments	0.36	0.04	-1.53	-1.71	1.49
Gain (Loss) on Sale of Assets	-0.05	-0.07	-3.06	0.92	-0.05
Asset Writedown	-4.46	-	-	-	-
Other Unusual Items	-	8.95	4.15	4.93	9.39
Pretax Income	46.34	39.44	27.47	52.85	76.66
Income Tax Expense	1.37	2.44	0.84	4.54	8.91
Earnings From Continuing Operations	44.98	37.01	26.62	48.31	67.74
Minority Interest in Earnings	-3.38	0.35	2.63	-0.61	-
Net Income	41.6	37.36	29.25	47.69	67.74
Net Income to Common	41.6	37.36	29.25	47.69	67.74
Net Income Growth	11.36%	27.69%	-38.66%	-29.60%	7.00%
Shares Outstanding (Basic)	154	156	154	149	135
Shares Outstanding (Diluted)	154	156	154	149	135
Shares Change (YoY)	-1.01%	1.09%	3.31%	10.01%	21.98%
EPS (Basic)	0.27	0.24	0.19	0.32	0.50
EPS (Diluted)	0.27	0.24	0.19	0.32	0.50
EPS Growth	12.50%	26.32%	-40.63%	-36.00%	-12.28%
Free Cash Flow	-27.55	-216.27	-135.97	-67.67	-46.57
Free Cash Flow Per Share	-0.18	-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	18.58%	23.17%	23.15%	25.54%	31.48%
Operating Margin	5.38%	5.50%	4.84%	7.83%	13.34%
Profit Margin	4.26%	7.11%	6.68%	10.02%	14.89%
Free Cash Flow Margin	-2.82%	-41.14%	-31.03%	-14.22%	-10.23%
EBITDA	87.03	54.98	43.51	50.69	71.3
EBITDA Margin	8.90%	10.46%	9.93%	10.65%	15.67%
D&A For EBITDA	34.49	26.09	22.31	13.43	10.58
EBIT	52.54	28.89	21.2	37.26	60.72
EBIT Margin	5.38%	5.50%	4.84%	7.83%	13.34%
Effective Tax Rate	2.95%	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.