SHA:688755 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	Mar '26 Mar 31, 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	764.35	734.93	690.55	619.01	481.79	320.51
Other Revenue	0.2	0.2	0.34	-	-	-
Revenue	764.55	735.13	690.88	619.01	481.79	320.51
Revenue Growth (YoY)	6.44%	6.40%	11.61%	28.48%	50.32%	6.03%
Cost of Revenue	516.84	499.68	434.37	398.89	311.9	221.98
Gross Profit	247.71	235.45	256.51	220.12	169.89	98.53
Selling, General & Admin	130.58	131.41	123.13	124.91	99.12	71.76
Research & Development	46.42	45.29	45.32	37.18	28.99	22.04
Other Operating Expenses	2.92	1.51	3.67	3.42	2.09	0.71
Operating Expenses	185.96	186.79	179.82	166.57	134.55	97.57
Operating Income	61.75	48.66	76.69	53.55	35.34	0.96
Interest Expense	-0.13	-0.21	-3.21	-4.37	-2.89	-1.16
Interest & Investment Income	14.76	13.39	12.09	9.44	6.13	1.58
Currency Exchange Gain (Loss)	-4.7	-4.7	0.74	0.1	0.15	0.11
Other Non Operating Income (Expenses)	-4.22	-0.22	-0.17	-0.14	-0.16	-0.17
EBT Excluding Unusual Items	67.46	56.92	86.14	58.58	38.58	1.31
Gain (Loss) on Sale of Investments	0.67	0.23	-	-0.25	0.08	0.2
Gain (Loss) on Sale of Assets	-0	-0	-0	0.01	0	-0.01
Asset Writedown	-3.93	-0.95	0.17	-0	0	-0.08
Legal Settlements	-	-	3.4	-3.4	-	-
Other Unusual Items	13.09	13.09	2.89	6.28	6.28	2.63
Pretax Income	77.29	69.28	92.6	61.22	44.94	4.05
Income Tax Expense	10.29	9.63	13.26	9.72	6.38	-0.81
Net Income	67	59.65	79.34	51.5	38.56	4.86
Net Income to Common	67	59.65	79.34	51.5	38.56	4.86
Net Income Growth	-20.90%	-24.81%	54.06%	33.55%	693.13%	-50.82%
Shares Outstanding (Basic)	84	78	66	66	62	-
Shares Outstanding (Diluted)	84	78	66	66	62	-
Shares Change (YoY)	26.46%	18.71%	0.14%	6.16%	-	-
EPS (Basic)	0.80	0.76	1.20	0.78	0.62	-
EPS (Diluted)	0.80	0.76	1.20	0.78	0.62	-
EPS Growth	-37.45%	-36.67%	53.85%	25.81%	-	-
Free Cash Flow	17.92	26.2	90.07	63.08	-25.5	-54.58
Free Cash Flow Per Share	0.21	0.33	1.36	0.96	-0.41	-
Dividend Per Share	0.220	0.220	-	-	-	-
Gross Margin	32.40%	32.03%	37.13%	35.56%	35.26%	30.74%
Operating Margin	8.08%	6.62%	11.10%	8.65%	7.33%	0.30%
Profit Margin	8.76%	8.11%	11.48%	8.32%	8.00%	1.52%
Free Cash Flow Margin	2.34%	3.56%	13.04%	10.19%	-5.29%	-17.03%
EBITDA	78.6	65.09	91.47	60.42	40.25	4.71
EBITDA Margin	10.28%	8.85%	13.24%	9.76%	8.36%	1.47%
D&A For EBITDA	16.84	16.43	14.77	6.87	4.91	3.75
EBIT	61.75	48.66	76.69	53.55	35.34	0.96
EBIT Margin	8.08%	6.62%	11.10%	8.65%	7.33%	0.30%
Effective Tax Rate	13.31%	13.90%	14.32%	15.88%	14.20%	-
Revenue as Reported	764.55	735.13	690.88	-	-	-
Advertising Expenses	-	1.01	0.69	1.05	0.9	1.17

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