SHA:688786 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	452.32	437.53	399.96	341.74	413.92	398.64
Other Revenue	-	-	17.82	26.74	13.74	4.43
Revenue	452.32	437.53	417.78	368.48	427.66	403.07
Revenue Growth (YoY)	6.21%	4.73%	13.38%	-13.84%	6.10%	57.20%
Cost of Revenue	266.84	263.71	279.42	228.76	282.97	254.9
Gross Profit	185.47	173.82	138.36	139.72	144.7	148.17
Selling, General & Admin	54.93	48.59	36.84	36.79	31.27	30.34
Research & Development	21.66	20.84	23.42	20.22	21.07	22.3
Other Operating Expenses	1.9	2.04	3.75	1.4	2.56	3.59
Operating Expenses	78.49	71.47	64.43	58.71	53.56	55.78
Operating Income	106.98	102.35	73.93	81.01	91.14	92.39
Interest Expense	-	-	-	-	-0.4	-0.96
Interest & Investment Income	0.69	0.48	1.9	4.96	5.62	1.9
Currency Exchange Gain (Loss)	-	-	1.6	1.46	3.39	-1.06
Other Non Operating Income (Expenses)	-4.01	-2.62	-0.2	0.03	-0.26	-0.04
EBT Excluding Unusual Items	103.66	100.21	77.23	87.45	99.49	92.22
Impairment of Goodwill	-	-	-0.46	-0.89	-	-
Gain (Loss) on Sale of Investments	0.41	0.12	-1.39	0.49	0.67	0.71
Gain (Loss) on Sale of Assets	-0	0.01	-0.4	0.06	0.43	-0.53
Asset Writedown	-3.29	-3.29	-	-	-	-
Other Unusual Items	-	-	2.58	3.17	7.73	12.21
Pretax Income	100.78	97.05	77.57	90.42	108.34	104.69
Income Tax Expense	15.69	14.15	9.75	11.65	8.99	12.69
Earnings From Continuing Operations	85.09	82.9	67.82	78.77	99.35	92
Minority Interest in Earnings	0.1	-0.08	2.47	1.11	-0.55	-3.32
Net Income	85.19	82.82	70.29	79.88	98.8	88.68
Net Income to Common	85.19	82.82	70.29	79.88	98.8	88.68
Net Income Growth	21.10%	17.82%	-12.00%	-19.15%	11.40%	71.11%
Shares Outstanding (Basic)	145	143	143	143	143	119
Shares Outstanding (Diluted)	145	143	143	143	143	119
Shares Change (YoY)	1.45%	-0.11%	-0.08%	-0.00%	20.03%	10.88%
EPS (Basic)	0.59	0.58	0.49	0.56	0.69	0.74
EPS (Diluted)	0.59	0.58	0.49	0.56	0.69	0.74
EPS Growth	19.36%	17.96%	-11.93%	-19.15%	-7.19%	54.33%
Free Cash Flow	40	58.08	-33.2	-78.86	52.97	40.54
Free Cash Flow Per Share	0.28	0.41	-0.23	-0.55	0.37	0.34
Dividend Per Share	-	-	0.208	0.357	0.357	0.357
Dividend Growth	-	-	-41.67%	-	-	-
Gross Margin	41.01%	39.73%	33.12%	37.92%	33.83%	36.76%
Operating Margin	23.65%	23.39%	17.70%	21.98%	21.31%	22.92%
Profit Margin	18.83%	18.93%	16.83%	21.68%	23.10%	22.00%
Free Cash Flow Margin	8.84%	13.28%	-7.95%	-21.40%	12.39%	10.06%
EBITDA	144.12	139.17	109.49	100.61	105.94	108.45
EBITDA Margin	31.86%	31.81%	26.21%	27.30%	24.77%	26.91%
D&A For EBITDA	37.14	36.82	35.56	19.6	14.8	16.06
EBIT	106.98	102.35	73.93	81.01	91.14	92.39
EBIT Margin	23.65%	23.39%	17.70%	21.98%	21.31%	22.92%
Effective Tax Rate	15.57%	14.58%	12.57%	12.88%	8.30%	12.12%
Revenue as Reported	-	-	417.78	368.48	427.66	403.07
Advertising Expenses	-	-	2.54	2.55	0.83	-

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