Wave Cyber (Shanghai) Co., Ltd. (SHA:688718)
China · Delayed Price · Currency is CNY 13.57
+0.15 (1.12%)
Sep 14, 2026, 11:29 AM CST
Wave Cyber (Shanghai) Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 435.93 | 419.09 | 375.08 | 384.06 | 307.86 | 378.63 |
Other Revenue | 0.08 | 0.08 | 0.16 | 0.15 | 0.19 | 0.56 |
| 436.01 | 419.17 | 375.24 | 384.21 | 308.05 | 379.19 | |
Revenue Growth | 16.04% | 11.71% | -2.34% | 24.72% | -18.76% | 20.92% |
Cost of Revenue | 287.99 | 283.98 | 250.46 | 264.09 | 215.36 | 249.58 |
Gross Profit | 148.02 | 135.2 | 124.77 | 120.12 | 92.69 | 129.61 |
Selling, General & Admin | 55.49 | 53.39 | 61 | 49.42 | 45.72 | 44.38 |
Research & Development | 27.11 | 29.87 | 29.14 | 27.39 | 21.3 | 23.78 |
Other Operating Expenses | 6.88 | 4.93 | 4.16 | 5.29 | 3.71 | 4.35 |
Operating Expenses | 92.68 | 91.39 | 95.19 | 82.3 | 71.01 | 72.52 |
Operating Income | 55.34 | 43.81 | 29.58 | 37.82 | 21.68 | 57.09 |
Interest Expense | -0.01 | -0.01 | -0.02 | -0.18 | -0.36 | -1.58 |
Interest & Investment Income | 1.35 | 1.35 | 0.94 | 1.86 | 1.61 | 0.74 |
Currency Exchange Gain (Loss) | -1.21 | -1.21 | 2.44 | 1.78 | 4.57 | -1.13 |
Other Non Operating Income (Expenses) | -3.48 | -1.38 | -0.28 | 0.05 | -0.34 | -0.36 |
EBT Excluding Unusual Items | 51.99 | 42.56 | 32.66 | 41.34 | 27.15 | 54.75 |
Gain (Loss) on Sale of Investments | -0.81 | -0.05 | -0.22 | -0.41 | -0.2 | -0.18 |
Gain (Loss) on Sale of Assets | 0.21 | -0.02 | 0.5 | 0.15 | -0.08 | -0.39 |
Asset Writedown | - | - | - | - | - | -4.5 |
Other Unusual Items | 8.38 | 8.38 | 5.64 | 5.53 | 4.99 | 8.03 |
Pretax Income | 59.77 | 50.86 | 38.58 | 46.6 | 31.86 | 57.71 |
Income Tax Expense | 5.1 | 4.02 | 1.65 | 1.67 | 0.48 | 7.23 |
Earnings From Continuing Operations | 54.66 | 46.84 | 36.93 | 44.94 | 31.38 | 50.48 |
Minority Interest in Earnings | -1.8 | -1.36 | 1.66 | 1 | - | - |
Net Income | 52.86 | 45.48 | 38.59 | 45.94 | 31.38 | 50.48 |
Net Income to Common | 52.86 | 45.48 | 38.59 | 45.94 | 31.38 | 50.48 |
Net Income Growth | 51.03% | 17.85% | -16.00% | 46.41% | -37.84% | 7.96% |
Shares Outstanding (Basic) | 178 | 175 | 175 | 177 | 174 | 148 |
Shares Outstanding (Diluted) | 178 | 175 | 175 | 177 | 174 | 148 |
Shares Change | 1.95% | -0.28% | -0.73% | 1.70% | 17.06% | 13.89% |
EPS (Basic) | 0.30 | 0.26 | 0.22 | 0.26 | 0.18 | 0.34 |
EPS (Diluted) | 0.30 | 0.26 | 0.22 | 0.26 | 0.18 | 0.34 |
EPS Growth | 48.14% | 18.18% | -15.38% | 43.96% | -46.90% | -5.21% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 30.98 | 50.03 | 9.46 | -27.22 | -25.25 | -92.42 |
Free Cash Flow Per Share | 0.17 | 0.29 | 0.05 | -0.15 | -0.14 | -0.62 |
Gross Margin | 33.95% | 32.25% | 33.25% | 31.26% | 30.09% | 34.18% |
Operating Margin | 12.69% | 10.45% | 7.88% | 9.84% | 7.04% | 15.05% |
Profit Margin | 12.12% | 10.85% | 10.28% | 11.96% | 10.19% | 13.31% |
Free Cash Flow Margin | 7.11% | 11.94% | 2.52% | -7.08% | -8.20% | -24.37% |
EBITDA | 99.77 | 86.49 | 66.51 | 71.59 | 48.63 | 81.35 |
EBITDA Margin | 22.88% | 20.63% | 17.73% | 18.63% | 15.79% | 21.45% |
D&A For EBITDA | 44.42 | 42.67 | 36.93 | 33.77 | 26.95 | 24.26 |
EBIT | 55.34 | 43.81 | 29.58 | 37.82 | 21.68 | 57.09 |
EBIT Margin | 12.69% | 10.45% | 7.88% | 9.84% | 7.04% | 15.05% |
Effective Tax Rate | 8.54% | 7.91% | 4.27% | 3.58% | 1.52% | 12.52% |
Revenue as Reported | 419.17 | 419.17 | 375.24 | 384.21 | 308.05 | 379.19 |
Advertising Expenses | - | 0.36 | 0.1 | 0.06 | 0.05 | 0.58 |