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	Jun '26 Jun 30, 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	1,269	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	1,298	977.53	525.65	438.22	475.82	455.04
Revenue Growth	90.05%	85.97%	19.95%	-7.90%	4.57%	13.53%
Cost of Revenue	1,073	800.37	403.86	336.77	354.3	311.8
Gross Profit	224.73	177.16	121.78	101.45	121.52	143.24
Selling, General & Admin	92.58	77.19	63.21	54.89	54.73	54.65
Research & Development	65.38	51.91	29.54	23.79	25.78	25.38
Other Operating Expenses	7.02	3.66	1.53	1.33	1.69	2.01
Operating Expenses	166.94	134.72	92.89	80.25	84.25	82.52
Operating Income	57.79	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	1.63	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)	-5.34	-0.23	-2.2	-0.17	0.02	-0.03
EBT Excluding Unusual Items	52.4	42.08	30.53	27.9	48.71	65.83
Gain (Loss) on Sale of Investments	0.37	0.36	0.04	-1.53	-1.71	1.49
Gain (Loss) on Sale of Assets	-0.02	-0.1	-0.07	-3.06	0.92	-0.05
Asset Writedown	-0.82	-	-	-	-	-
Other Unusual Items	4.02	4.02	8.95	4.15	4.93	9.39
Pretax Income	55.93	46.34	39.44	27.47	52.85	76.66
Income Tax Expense	2.56	1.37	2.44	0.84	4.54	8.91
Earnings From Continuing Operations	53.37	44.98	37.01	26.62	48.31	67.74
Minority Interest in Earnings	-6.39	-3.38	0.35	2.63	-0.61	-
Net Income	46.98	41.6	37.36	29.25	47.69	67.74
Net Income to Common	46.98	41.6	37.36	29.25	47.69	67.74
Net Income Growth	18.25%	11.36%	27.69%	-38.66%	-29.60%	7.00%
Shares Outstanding (Basic)	157	154	156	154	149	135
Shares Outstanding (Diluted)	157	154	156	154	149	135
Shares Change	2.63%	-1.01%	1.09%	3.31%	10.01%	21.98%
EPS (Basic)	0.30	0.27	0.24	0.19	0.32	0.50
EPS (Diluted)	0.30	0.27	0.24	0.19	0.32	0.50
EPS Growth	15.22%	12.50%	26.32%	-40.63%	-36.00%	-12.28%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-104.59	-27.55	-216.27	-135.97	-67.67	-46.57
Free Cash Flow Per Share	-0.67	-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	17.31%	18.12%	23.17%	23.15%	25.54%	31.48%
Operating Margin	4.45%	4.34%	5.50%	4.84%	7.83%	13.34%
Profit Margin	3.62%	4.26%	7.11%	6.68%	10.02%	14.89%
Free Cash Flow Margin	-8.06%	-2.82%	-41.14%	-31.03%	-14.22%	-10.23%
EBITDA	97.68	76.53	55.46	43.51	50.69	71.3
EBITDA Margin	7.52%	7.83%	10.55%	9.93%	10.65%	15.67%
D&A For EBITDA	39.89	34.09	26.57	22.31	13.43	10.58
EBIT	57.79	42.44	28.89	21.2	37.26	60.72
EBIT Margin	4.45%	4.34%	5.50%	4.84%	7.83%	13.34%
Effective Tax Rate	4.58%	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