SHA:688697 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	2,893	2,449	2,309	1,835	1,704
Other Revenue	-	12.82	12.15	10.62	8.81
Revenue	2,893	2,462	2,321	1,846	1,713
Revenue Growth (YoY)	17.52%	6.08%	25.76%	7.76%	47.06%
Cost of Revenue	2,565	1,885	1,759	1,353	1,292
Gross Profit	328.58	577.01	562.5	492.88	420.7
Selling, General & Admin	-	168.42	152.34	161.39	164.48
Research & Development	-	112.47	101.93	82.06	73.69
Other Operating Expenses	-	-26.2	-11.86	-5.09	6.73
Operating Expenses	-	260.91	246.6	230.69	249.53
Operating Income	328.58	316.1	315.9	262.19	171.16
Interest Expense	-	-12.35	-10.94	-4.63	-1.02
Interest & Investment Income	-	30.85	27.8	18.19	7.61
Currency Exchange Gain (Loss)	-	2.89	-0.69	2.19	-1.29
Other Non Operating Income (Expenses)	3.73	-0.96	-0.63	-0.3	-0.3
EBT Excluding Unusual Items	332.31	336.54	331.44	277.62	176.16
Gain (Loss) on Sale of Investments	-	8.03	9.51	12.22	1.68
Gain (Loss) on Sale of Assets	-	-0.55	0.12	0.67	-0.29
Asset Writedown	-	-0.08	-0.19	-0.51	-0.14
Other Unusual Items	-	21.01	18.39	2.87	11.33
Pretax Income	332.31	364.95	359.27	292.87	188.75
Income Tax Expense	29.67	39.79	41.62	30.64	20.2
Net Income	302.64	325.16	317.65	262.23	168.54
Net Income to Common	302.64	325.16	317.65	262.23	168.54
Net Income Growth	-6.93%	2.36%	21.13%	55.59%	62.06%
Shares Outstanding (Basic)	459	455	458	459	369
Shares Outstanding (Diluted)	459	455	458	459	369
Shares Change (YoY)	0.73%	-0.70%	-0.11%	24.46%	6.36%
EPS (Basic)	0.66	0.71	0.69	0.57	0.46
EPS (Diluted)	0.66	0.71	0.69	0.57	0.46
EPS Growth	-7.60%	3.09%	21.26%	25.00%	52.37%
Free Cash Flow	-	54.54	233.11	108.67	98.59
Free Cash Flow Per Share	-	0.12	0.51	0.24	0.27
Dividend Per Share	-	0.429	0.429	0.286	0.179
Dividend Growth	-	-	50.02%	59.97%	-
Gross Margin	11.36%	23.43%	24.23%	26.71%	24.57%
Operating Margin	11.36%	12.84%	13.61%	14.21%	9.99%
Profit Margin	10.46%	13.21%	13.69%	14.21%	9.84%
Free Cash Flow Margin	-	2.21%	10.04%	5.89%	5.76%
EBITDA	376.02	363.55	359.53	296	200.47
EBITDA Margin	13.00%	14.77%	15.49%	16.04%	11.71%
D&A For EBITDA	47.44	47.44	43.63	33.81	29.3
EBIT	328.58	316.1	315.9	262.19	171.16
EBIT Margin	11.36%	12.84%	13.61%	14.21%	9.99%
Effective Tax Rate	8.93%	10.90%	11.58%	10.46%	10.70%
Revenue as Reported	-	2,462	2,321	1,846	1,713
Advertising Expenses	-	8.54	4.25	3.67	2.71

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