SHA:688708 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	1,111	956.85	980.84	756.54	512.54
Other Revenue	-	-	-	12.43	17.63
Revenue	1,111	956.85	980.84	768.98	530.17
Revenue Growth (YoY)	16.11%	-2.45%	27.55%	45.04%	-
Cost of Revenue	-	225.4	227.38	138.22	93.73
Gross Profit	1,111	731.45	753.47	630.75	436.44
Selling, General & Admin	-	50.14	42.61	36.34	178.91
Research & Development	-	87.6	86.86	44.05	32.79
Other Operating Expenses	620.08	2.6	10.55	7.99	7.63
Operating Expenses	620.08	163.79	152.52	97.11	219.58
Operating Income	490.92	567.66	600.95	533.65	216.86
Interest Expense	-	-0.01	-	-0	-0.01
Interest & Investment Income	-	10.11	6.17	4.03	2.07
Other Non Operating Income (Expenses)	-0.3	0.14	-0.5	-0.16	-0.15
EBT Excluding Unusual Items	490.62	577.9	606.62	537.52	218.77
Gain (Loss) on Sale of Assets	-	-	8.34	-	-
Asset Writedown	-	-0.18	-0.4	-0.47	-0.35
Other Unusual Items	-	17.16	34.85	22.12	1.89
Pretax Income	490.62	594.88	649.42	559.17	220.31
Income Tax Expense	54.39	77.57	85.72	75.08	53.13
Net Income	436.23	517.31	563.7	484.09	167.17
Net Income to Common	436.23	517.31	563.7	484.09	167.17
Net Income Growth	-15.68%	-8.23%	16.45%	189.57%	-
Shares Outstanding (Basic)	400	363	360	361	363
Shares Outstanding (Diluted)	400	363	360	361	363
Shares Change (YoY)	10.15%	0.92%	-0.35%	-0.60%	-
EPS (Basic)	1.09	1.42	1.57	1.34	0.46
EPS (Diluted)	1.09	1.42	1.57	1.34	0.46
EPS Growth	-23.44%	-9.07%	16.85%	191.30%	-
Free Cash Flow	-	322.87	249.63	50.71	228.37
Free Cash Flow Per Share	-	0.89	0.69	0.14	0.63
Dividend Per Share	-	0.400	-	-	-
Gross Margin	100.00%	76.44%	76.82%	82.03%	82.32%
Operating Margin	44.19%	59.33%	61.27%	69.40%	40.90%
Profit Margin	39.26%	54.06%	57.47%	62.95%	31.53%
Free Cash Flow Margin	-	33.74%	25.45%	6.59%	43.08%
EBITDA	528.12	604.87	631.89	551.55	229.31
EBITDA Margin	47.54%	63.21%	64.42%	71.73%	43.25%
D&A For EBITDA	37.21	37.21	30.94	17.9	12.45
EBIT	490.92	567.66	600.95	533.65	216.86
EBIT Margin	44.19%	59.33%	61.27%	69.40%	40.90%
Effective Tax Rate	11.09%	13.04%	13.20%	13.43%	24.12%
Revenue as Reported	-	956.85	980.84	768.98	530.17
Advertising Expenses	-	0.08	0.02	0.29	0.09

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