SHA:688685 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	576.78	473.58	289.38	315.64	302.63
Other Revenue	-	3.18	4.29	8.37	18.09
Revenue	576.78	476.77	293.67	324.01	320.72
Revenue Growth (YoY)	20.98%	62.35%	-9.37%	1.03%	11.12%
Cost of Revenue	-	289.93	214.03	222.44	220.18
Gross Profit	576.78	186.83	79.63	101.57	100.54
Selling, General & Admin	-	60.74	42.5	38.85	32.59
Research & Development	-	30.12	25.29	20.51	16.45
Other Operating Expenses	488.12	3.68	1.69	2.6	1.39
Operating Expenses	488.12	115.04	69.33	63.33	48.44
Operating Income	88.66	71.79	10.31	38.23	52.1
Interest Expense	-	-17.15	-0.52	-1.28	-2.24
Interest & Investment Income	-	0.53	2.18	3.75	2.33
Currency Exchange Gain (Loss)	-	-1.67	-0	-0.32	-1.61
Other Non Operating Income (Expenses)	0.06	-10.54	-0.34	-0.14	-0.11
EBT Excluding Unusual Items	88.72	42.95	11.63	40.25	50.47
Gain (Loss) on Sale of Investments	-	-3.22	-2.06	-	-
Gain (Loss) on Sale of Assets	-	-0.61	0.42	0.07	0.32
Other Unusual Items	-	30.04	6.81	8.75	10.22
Pretax Income	88.72	69.16	16.81	49.06	61.01
Income Tax Expense	32.85	11.11	0.53	6.19	7.19
Earnings From Continuing Operations	55.87	58.05	16.28	42.87	53.81
Minority Interest in Earnings	-	-12.51	-1.03	-0.39	-2.85
Net Income	55.87	45.54	15.25	42.47	50.96
Net Income to Common	55.87	45.54	15.25	42.47	50.96
Net Income Growth	22.68%	198.73%	-64.11%	-16.66%	-0.46%
Shares Outstanding (Basic)	147	147	152	145	130
Shares Outstanding (Diluted)	147	147	152	145	130
Shares Change (YoY)	0.08%	-3.64%	4.92%	11.86%	19.05%
EPS (Basic)	0.38	0.31	0.10	0.29	0.39
EPS (Diluted)	0.38	0.31	0.10	0.29	0.39
EPS Growth	22.58%	210.00%	-65.79%	-25.49%	-16.39%
Free Cash Flow	-	-830.07	-149.52	-14.18	80.26
Free Cash Flow Per Share	-	-5.65	-0.98	-0.10	0.62
Dividend Per Share	-	0.157	0.077	0.231	-
Dividend Growth	-	103.90%	-66.64%	-	-
Gross Margin	100.00%	39.19%	27.12%	31.35%	31.35%
Operating Margin	15.37%	15.06%	3.51%	11.80%	16.24%
Profit Margin	9.69%	9.55%	5.19%	13.11%	15.89%
Free Cash Flow Margin	-	-174.10%	-50.91%	-4.38%	25.02%
EBITDA	135.48	118.6	41.68	68.45	76.92
EBITDA Margin	23.49%	24.88%	14.19%	21.13%	23.98%
D&A For EBITDA	46.82	46.82	31.38	30.21	24.82
EBIT	88.66	71.79	10.31	38.23	52.1
EBIT Margin	15.37%	15.06%	3.51%	11.80%	16.24%
Effective Tax Rate	37.02%	16.06%	3.16%	12.62%	11.79%
Revenue as Reported	-	476.77	293.67	324.01	320.72

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