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	2,289	1,885	1,759	1,353	1,292
Gross Profit	604.48	577.01	562.5	492.88	420.7
Selling, General & Admin	173.56	168.42	152.34	161.39	164.48
Research & Development	137.93	112.47	101.93	82.06	73.69
Other Operating Expenses	-41.27	-26.2	-11.86	-5.09	6.73
Operating Expenses	270.22	260.91	246.6	230.69	249.53
Operating Income	334.25	316.1	315.9	262.19	171.16
Interest Expense	-	-12.35	-10.94	-4.63	-1.02
Interest & Investment Income	9.17	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)	-15.6	-0.96	-0.63	-0.3	-0.3
EBT Excluding Unusual Items	327.82	336.54	331.44	277.62	176.16
Gain (Loss) on Sale of Investments	11.05	8.03	9.51	12.22	1.68
Gain (Loss) on Sale of Assets	0.17	-0.55	0.12	0.67	-0.29
Asset Writedown	-6.14	-0.08	-0.19	-0.51	-0.14
Other Unusual Items	-	21.01	18.39	2.87	11.33
Pretax Income	332.9	364.95	359.27	292.87	188.75
Income Tax Expense	28.66	39.79	41.62	30.64	20.2
Net Income	304.25	325.16	317.65	262.23	168.54
Net Income to Common	304.25	325.16	317.65	262.23	168.54
Net Income Growth	-6.43%	2.36%	21.13%	55.59%	62.06%
Shares Outstanding (Basic)	454	455	458	459	369
Shares Outstanding (Diluted)	454	455	458	459	369
Shares Change (YoY)	-0.24%	-0.70%	-0.11%	24.46%	6.36%
EPS (Basic)	0.67	0.71	0.69	0.57	0.46
EPS (Diluted)	0.67	0.71	0.69	0.57	0.46
EPS Growth	-6.20%	3.09%	21.26%	25.00%	52.37%
Free Cash Flow	5.92	54.54	233.11	108.67	98.59
Free Cash Flow Per Share	0.01	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	20.89%	23.43%	24.23%	26.71%	24.57%
Operating Margin	11.55%	12.84%	13.61%	14.21%	9.99%
Profit Margin	10.51%	13.21%	13.69%	14.21%	9.84%
Free Cash Flow Margin	0.20%	2.21%	10.04%	5.89%	5.76%
EBITDA	394.99	363.55	359.53	296	200.47
EBITDA Margin	13.65%	14.77%	15.49%	16.04%	11.71%
D&A For EBITDA	60.73	47.44	43.63	33.81	29.3
EBIT	334.25	316.1	315.9	262.19	171.16
EBIT Margin	11.55%	12.84%	13.61%	14.21%	9.99%
Effective Tax Rate	8.61%	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.