SHA:688717 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	4,082	3,069	4,466	4,610	831.93
Other Revenue	-	4.2	7.02	2.13	0.74
Revenue	4,082	3,073	4,473	4,612	832.67
Revenue Growth (YoY)	32.84%	-31.30%	-3.01%	453.86%	114.00%
Cost of Revenue	-	1,942	2,763	2,841	536.68
Gross Profit	4,082	1,130	1,710	1,771	295.99
Selling, General & Admin	-	523.38	359.19	354	138.45
Research & Development	-	480.56	274.71	150.7	54.6
Other Operating Expenses	4,034	22.11	37.19	3.71	0.9
Operating Expenses	4,034	1,024	673.3	529.8	196.33
Operating Income	47.52	106.33	1,037	1,241	99.65
Interest Expense	-	-3	-3.31	-5.62	-6.85
Interest & Investment Income	-	47.35	14.17	1.12	2.13
Currency Exchange Gain (Loss)	-	-34.78	130.7	60.95	-22.89
Other Non Operating Income (Expenses)	-3.39	-4.86	0.27	-5.96	-1.44
EBT Excluding Unusual Items	44.13	111.04	1,178	1,292	70.6
Gain (Loss) on Sale of Investments	-	-	-	-1.19	-
Gain (Loss) on Sale of Assets	-	0.19	0.01	0.01	-
Asset Writedown	-	-0.5	-0.87	-0.06	-
Legal Settlements	-	-	-	-	-9.14
Other Unusual Items	-	63.28	29.48	17.11	5.54
Pretax Income	44.13	174.02	1,207	1,308	67
Income Tax Expense	-71.6	-29.58	142.48	173.67	4.12
Net Income	115.73	203.6	1,065	1,134	62.87
Net Income to Common	115.73	203.6	1,065	1,134	62.87
Net Income Growth	-43.16%	-80.88%	-6.12%	1703.61%	90.16%
Shares Outstanding (Basic)	161	160	120	120	121
Shares Outstanding (Diluted)	161	160	120	120	121
Shares Change (YoY)	0.26%	33.57%	0.02%	-0.75%	2.39%
EPS (Basic)	0.72	1.27	8.87	9.45	0.52
EPS (Diluted)	0.72	1.27	8.87	9.45	0.52
EPS Growth	-43.31%	-85.68%	-6.14%	1717.31%	85.71%
Free Cash Flow	-	344.81	275.21	648.26	47.99
Free Cash Flow Per Share	-	2.15	2.29	5.40	0.40
Dividend Per Share	0.938	0.938	-	-	-
Gross Margin	100.00%	36.79%	38.23%	38.40%	35.55%
Operating Margin	1.16%	3.46%	23.18%	26.92%	11.97%
Profit Margin	2.83%	6.63%	23.80%	24.59%	7.55%
Free Cash Flow Margin	-	11.22%	6.15%	14.06%	5.76%
EBITDA	105.31	164.13	1,073	1,251	102.42
EBITDA Margin	2.58%	5.34%	23.99%	27.12%	12.30%
D&A For EBITDA	57.79	57.79	36.24	9.4	2.77
EBIT	47.52	106.33	1,037	1,241	99.65
EBIT Margin	1.16%	3.46%	23.18%	26.92%	11.97%
Effective Tax Rate	-	-	11.80%	13.28%	6.15%
Revenue as Reported	-	3,073	4,473	4,612	832.67
Advertising Expenses	-	61.85	35.88	10.74	8.22

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