SHA:688755 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	735.13	690.88	619.01	481.79	320.51
Revenue Growth (YoY)	6.40%	11.61%	28.48%	50.32%	6.03%
Cost of Revenue	-	432.74	398.89	311.9	221.98
Gross Profit	735.13	258.15	220.12	169.89	98.53
Selling, General & Admin	-	128.24	124.91	99.12	71.76
Research & Development	-	41.85	37.18	28.99	22.04
Other Operating Expenses	666.33	3.5	3.42	2.09	0.71
Operating Expenses	666.33	181.4	166.57	134.55	97.57
Operating Income	68.8	76.75	53.55	35.34	0.96
Interest Expense	-	-3.21	-4.37	-2.89	-1.16
Interest & Investment Income	-	12.09	9.44	6.13	1.58
Currency Exchange Gain (Loss)	-	0.74	0.1	0.15	0.11
Other Non Operating Income (Expenses)	-0.1	-0.17	-0.14	-0.15	-0.17
EBT Excluding Unusual Items	68.7	86.2	58.58	38.59	1.31
Gain (Loss) on Sale of Investments	-	-	-0.25	0.08	0.2
Gain (Loss) on Sale of Assets	-	-0	0.01	0	-0.01
Asset Writedown	-	0.12	-0	0	-0.08
Legal Settlements	-	3.4	-3.4	-	-
Other Unusual Items	-	2.89	6.28	6.27	2.63
Pretax Income	68.7	92.6	61.22	44.94	4.05
Income Tax Expense	9.11	13.26	9.72	6.38	-0.81
Net Income	59.59	79.34	51.5	38.56	4.86
Net Income to Common	59.59	79.34	51.5	38.56	4.86
Net Income Growth	-24.89%	54.06%	33.55%	693.13%	-50.82%
Shares Outstanding (Basic)	78	66	66	62	-
Shares Outstanding (Diluted)	78	66	66	62	-
Shares Change (YoY)	18.59%	0.14%	6.16%	-	-
EPS (Basic)	0.76	1.20	0.78	0.62	-
EPS (Diluted)	0.76	1.20	0.78	0.62	-
EPS Growth	-36.67%	53.85%	25.81%	-	-
Free Cash Flow	-	90.07	63.08	-25.5	-54.58
Free Cash Flow Per Share	-	1.36	0.96	-0.41	-
Gross Margin	100.00%	37.36%	35.56%	35.26%	30.74%
Operating Margin	9.36%	11.11%	8.65%	7.33%	0.30%
Profit Margin	8.11%	11.48%	8.32%	8.00%	1.52%
Free Cash Flow Margin	-	13.04%	10.19%	-5.29%	-17.03%
EBITDA	76.67	84.62	60.42	40.25	4.71
EBITDA Margin	10.43%	12.25%	9.76%	8.36%	1.47%
D&A For EBITDA	7.87	7.87	6.87	4.91	3.75
EBIT	68.8	76.75	53.55	35.34	0.96
EBIT Margin	9.36%	11.11%	8.65%	7.33%	0.30%
Effective Tax Rate	13.27%	14.32%	15.88%	14.20%	-
Advertising Expenses	-	0.69	1.05	0.9	1.17

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