SHA:688750 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	614.08	782.08	778.85	682.32	552.04
Other Revenue	-	26.33	22.28	18.51	20.46
Revenue	614.08	808.41	801.13	700.83	572.5
Revenue Growth (YoY)	-24.04%	0.91%	14.31%	22.41%	24.01%
Cost of Revenue	-	512.51	531.15	473.22	352.85
Gross Profit	614.08	295.9	269.98	227.61	219.65
Selling, General & Admin	-	71.67	64.45	58.95	58.89
Research & Development	-	52.77	48.61	39.24	31.34
Other Operating Expenses	553.74	0.34	-5.35	-2.35	5.08
Operating Expenses	553.74	137	123.6	97.96	92.88
Operating Income	60.34	158.9	146.39	129.65	126.78
Interest Expense	-	-7.88	-8.36	-13.98	-17.24
Interest & Investment Income	-	14.21	14.4	22.24	5.96
Currency Exchange Gain (Loss)	-	-0	-1.13	1.9	-0.03
Other Non Operating Income (Expenses)	1.84	-2.48	-0.82	-0.84	-1.98
EBT Excluding Unusual Items	62.18	162.75	150.48	138.97	113.48
Gain (Loss) on Sale of Assets	-	-0.2	-0.06	-	-0.19
Asset Writedown	-	-	-1.08	-0.13	-0
Other Unusual Items	-	7.45	16.03	10.82	-6.45
Pretax Income	62.18	170.01	165.37	149.66	106.84
Income Tax Expense	2.91	18.3	18.13	17.11	11.84
Net Income	59.27	151.71	147.24	132.55	95
Net Income to Common	59.27	151.71	147.24	132.55	95
Net Income Growth	-60.93%	3.04%	11.08%	39.53%	275.49%
Shares Outstanding (Basic)	463	378	370	370	-
Shares Outstanding (Diluted)	463	378	370	370	-
Shares Change (YoY)	22.50%	2.07%	0.02%	-	-
EPS (Basic)	0.13	0.40	0.40	0.36	-
EPS (Diluted)	0.13	0.40	0.40	0.36	-
EPS Growth	-68.11%	0.95%	11.05%	-	-
Free Cash Flow	-	-65.63	179.91	9.6	20.41
Free Cash Flow Per Share	-	-0.17	0.49	0.03	-
Dividend Per Share	-	0.084	-	-	-
Gross Margin	100.00%	36.60%	33.70%	32.48%	38.37%
Operating Margin	9.83%	19.66%	18.27%	18.50%	22.14%
Profit Margin	9.65%	18.77%	18.38%	18.91%	16.59%
Free Cash Flow Margin	-	-8.12%	22.46%	1.37%	3.56%
EBITDA	130.46	229.02	208.87	184.14	179.75
EBITDA Margin	21.24%	28.33%	26.07%	26.27%	31.40%
D&A For EBITDA	70.12	70.12	62.48	54.48	52.97
EBIT	60.34	158.9	146.39	129.65	126.78
EBIT Margin	9.83%	19.66%	18.27%	18.50%	22.14%
Effective Tax Rate	4.68%	10.76%	10.97%	11.43%	11.08%

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