SHA:688690 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	924.69	780.53	584.9	698.17	443.73
Other Revenue	-	1.92	1.96	7.68	2.62
Revenue	924.69	782.46	586.87	705.84	446.35
Revenue Growth (YoY)	18.18%	33.33%	-16.86%	58.14%	117.74%
Cost of Revenue	-	249.81	142.29	154.85	75.02
Gross Profit	924.69	532.64	444.58	550.99	371.32
Selling, General & Admin	-	248.48	233.44	196.43	113.89
Research & Development	-	172.83	157.52	115.66	65.64
Other Operating Expenses	744.57	8.25	6.8	8.16	6.39
Operating Expenses	744.57	440.37	396.95	327.19	188.18
Operating Income	180.12	92.27	47.63	223.8	183.15
Interest Expense	-	-2.1	-2.41	-5.11	-1.2
Interest & Investment Income	-	2.34	10.67	70.65	17.16
Currency Exchange Gain (Loss)	-	0.03	0.1	1.56	-0.63
Other Non Operating Income (Expenses)	-2.65	-0.45	-0.85	0.63	-0.09
EBT Excluding Unusual Items	177.46	92.09	55.15	291.54	198.39
Impairment of Goodwill	-	-25.06	-26.45	-	-
Gain (Loss) on Sale of Investments	-	0.29	-0.11	-	-
Gain (Loss) on Sale of Assets	-	-8.91	18.41	-0.18	-0.33
Other Unusual Items	-	36.24	18.36	15.84	14.77
Pretax Income	177.46	94.64	65.36	307.2	212.83
Income Tax Expense	41.45	11.71	6.95	30.33	25.5
Earnings From Continuing Operations	136.01	82.93	58.41	276.86	187.34
Minority Interest in Earnings	-	-0.09	10.16	-1.74	0.75
Net Income	136.01	82.84	68.57	275.13	188.09
Net Income to Common	136.01	82.84	68.57	275.13	188.09
Net Income Growth	64.18%	20.82%	-75.08%	46.27%	158.75%
Shares Outstanding (Basic)	401	402	404	402	378
Shares Outstanding (Diluted)	401	402	404	402	378
Shares Change (YoY)	-0.21%	-0.50%	0.39%	6.31%	6.17%
EPS (Basic)	0.34	0.21	0.17	0.69	0.50
EPS (Diluted)	0.34	0.21	0.17	0.68	0.50
EPS Growth	64.52%	21.42%	-75.17%	37.59%	143.70%
Free Cash Flow	-	-6.36	0.98	-43.83	110.35
Free Cash Flow Per Share	-	-0.02	0.00	-0.11	0.29
Dividend Per Share	-	0.063	0.050	0.103	0.071
Dividend Growth	-	26.00%	-51.46%	45.07%	-
Gross Margin	100.00%	68.07%	75.75%	78.06%	83.19%
Operating Margin	19.48%	11.79%	8.12%	31.71%	41.03%
Profit Margin	14.71%	10.59%	11.68%	38.98%	42.14%
Free Cash Flow Margin	-	-0.81%	0.17%	-6.21%	24.72%
EBITDA	242.78	154.94	90.9	254.33	204.52
EBITDA Margin	26.25%	19.80%	15.49%	36.03%	45.82%
D&A For EBITDA	62.66	62.66	43.27	30.53	21.37
EBIT	180.12	92.27	47.63	223.8	183.15
EBIT Margin	19.48%	11.79%	8.12%	31.71%	41.03%
Effective Tax Rate	23.36%	12.38%	10.64%	9.87%	11.98%
Revenue as Reported	-	782.46	586.87	705.84	446.35
Advertising Expenses	-	13.34	8.83	4.79	3.36

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