SHA:688729 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
Revenue	5,076	4,633	3,931	4,763	3,241
Revenue Growth (YoY)	9.57%	17.84%	-17.45%	46.96%	40.14%
Cost of Revenue	-	2,963	2,622	3,464	2,275
Gross Profit	5,076	1,670	1,310	1,299	965.84
Selling, General & Admin	-	511.74	485.34	437.97	366.08
Research & Development	-	705.75	597.48	516.91	379.44
Other Operating Expenses	4,396	5.74	3.59	1.5	-2.42
Operating Expenses	4,396	1,219	1,093	964.12	747.86
Operating Income	680.47	450.08	216.55	334.9	217.98
Interest Expense	-	-34.23	-20.22	-13.33	-6.84
Interest & Investment Income	-	49.32	16.45	26.95	30.87
Currency Exchange Gain (Loss)	-	8.68	18.87	29.32	-
Other Non Operating Income (Expenses)	-0.04	-4.35	-3.67	-3.8	-15.36
EBT Excluding Unusual Items	680.43	469.49	227.99	374.04	226.66
Gain (Loss) on Sale of Investments	-	36.59	28.22	11.57	9.73
Gain (Loss) on Sale of Assets	-	-0.29	-1.7	0.04	-0.21
Asset Writedown	-	-	-	-	-30.02
Legal Settlements	-	-1.94	-	-0.24	-
Other Unusual Items	-	8.5	10.31	14.73	-
Pretax Income	680.43	512.35	264.82	400.14	206.16
Income Tax Expense	9.65	-28.45	-44.6	17.62	24.92
Net Income	670.78	540.8	309.42	382.52	181.24
Net Income to Common	670.78	540.8	309.42	382.52	181.24
Net Income Growth	24.03%	74.78%	-19.11%	111.06%	631.93%
Shares Outstanding (Basic)	2,795	2,660	2,660	2,660	2,589
Shares Outstanding (Diluted)	2,795	2,660	2,660	2,660	2,589
Shares Change (YoY)	5.07%	-	-	2.74%	-2.67%
EPS (Basic)	0.24	0.20	0.12	0.14	0.07
EPS (Diluted)	0.24	0.20	0.12	0.14	0.07
EPS Growth	20.00%	71.94%	-16.91%	100.00%	652.04%
Free Cash Flow	-	366.14	173.52	-915	53.07
Free Cash Flow Per Share	-	0.14	0.07	-0.34	0.02
Gross Margin	100.00%	36.04%	33.32%	27.27%	29.80%
Operating Margin	13.41%	9.71%	5.51%	7.03%	6.73%
Profit Margin	13.21%	11.67%	7.87%	8.03%	5.59%
Free Cash Flow Margin	-	7.90%	4.41%	-19.21%	1.64%
EBITDA	790.2	559.8	303.86	398.47	266.76
EBITDA Margin	15.57%	12.08%	7.73%	8.37%	8.23%
D&A For EBITDA	109.72	109.72	87.31	63.57	48.78
EBIT	680.47	450.08	216.55	334.9	217.98
EBIT Margin	13.41%	9.71%	5.51%	7.03%	6.73%
Effective Tax Rate	1.42%	-	-	4.40%	12.09%

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