SHA:688739 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	1,390	1,676	1,750	1,815	2,088
Revenue Growth (YoY)	-17.06%	-4.22%	-3.58%	-13.08%	4.63%
Cost of Revenue	286.82	319.24	342.56	243.28	220.37
Gross Profit	1,103	1,357	1,408	1,572	1,868
Selling, General & Admin	609.38	659.02	648.29	588.41	603.58
Research & Development	294.04	281.94	219.96	210.89	236.82
Other Operating Expenses	3.07	22.63	21.86	22.1	20.82
Operating Expenses	906.49	972.25	902.89	836.49	877.65
Operating Income	196.98	384.75	504.66	735.23	990.02
Interest Expense	-	-1.58	-1.42	-1.32	-1.54
Interest & Investment Income	15.93	70.5	96.81	128.3	45.81
Currency Exchange Gain (Loss)	-	0.84	2.47	2.5	-0.48
Other Non Operating Income (Expenses)	25.61	-0.28	-0.82	-0.47	-0.42
EBT Excluding Unusual Items	238.52	454.22	601.71	864.25	1,033
Gain (Loss) on Sale of Investments	63.17	-75.57	-45.29	-43.63	-25.53
Gain (Loss) on Sale of Assets	-0	-1.72	1.61	-0.79	-0.69
Asset Writedown	-132.09	-	-	-	-
Other Unusual Items	-	26.08	18.36	18.25	23.81
Pretax Income	169.6	403.02	576.38	838.07	1,031
Income Tax Expense	37.81	60.2	110.46	124.05	138.49
Net Income	131.79	342.82	465.92	714.02	892.49
Net Income to Common	131.79	342.82	465.92	714.02	892.49
Net Income Growth	-61.56%	-26.42%	-34.75%	-20.00%	-2.80%
Shares Outstanding (Basic)	412	413	416	418	381
Shares Outstanding (Diluted)	412	413	416	418	381
Shares Change (YoY)	-0.29%	-0.71%	-0.37%	9.48%	1.77%
EPS (Basic)	0.32	0.83	1.12	1.71	2.34
EPS (Diluted)	0.32	0.83	1.12	1.71	2.34
EPS Growth	-61.45%	-25.89%	-34.50%	-26.92%	-4.49%
Free Cash Flow	32.78	138.48	125.02	34.89	-1.97
Free Cash Flow Per Share	0.08	0.34	0.30	0.08	-0.01
Dividend Per Share	-	0.800	0.800	1.000	1.000
Dividend Growth	-	-	-20.00%	-	-
Gross Margin	79.37%	80.95%	80.43%	86.60%	89.45%
Operating Margin	14.17%	22.95%	28.84%	40.51%	47.41%
Profit Margin	9.48%	20.45%	26.62%	39.34%	42.74%
Free Cash Flow Margin	2.36%	8.26%	7.14%	1.92%	-0.09%
EBITDA	370.6	549.77	624.89	851.42	1,101
EBITDA Margin	26.66%	32.80%	35.71%	46.91%	52.73%
D&A For EBITDA	173.62	165.02	120.24	116.19	111.07
EBIT	196.98	384.75	504.66	735.23	990.02
EBIT Margin	14.17%	22.95%	28.84%	40.51%	47.41%
Effective Tax Rate	22.30%	14.94%	19.16%	14.80%	13.43%
Revenue as Reported	-	1,676	1,750	1,815	2,088

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