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	Jun '26 Jun 30, 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	460.24	430.09	399.96	341.74	413.92	398.64
Other Revenue	7.37	7.44	17.82	26.74	13.74	4.43
Revenue	467.62	437.53	417.78	368.48	427.66	403.07
Revenue Growth	12.35%	4.73%	13.38%	-13.84%	6.10%	57.20%
Cost of Revenue	282.02	267.08	279.42	228.76	282.97	254.9
Gross Profit	185.6	170.45	138.36	139.72	144.7	148.17
Selling, General & Admin	60.05	48.51	36.84	36.79	31.27	30.34
Research & Development	22.1	20.84	23.42	20.22	21.07	22.3
Other Operating Expenses	9.55	6.09	3.75	1.4	2.56	3.59
Operating Expenses	92.93	76.38	64.43	58.71	53.56	55.78
Operating Income	92.66	94.08	73.93	81.01	91.14	92.39
Interest Expense	-2.39	-1.5	-	-	-0.4	-0.96
Interest & Investment Income	2.11	1.15	1.9	4.96	5.62	1.9
Currency Exchange Gain (Loss)	-2.89	-0.32	1.6	1.46	3.39	-1.06
Other Non Operating Income (Expenses)	0.51	0.21	-0.2	0.03	-0.26	-0.04
EBT Excluding Unusual Items	90.01	93.61	77.23	87.45	99.49	92.22
Impairment of Goodwill	-	-	-0.46	-0.89	-	-
Gain (Loss) on Sale of Investments	0.08	0.12	-1.39	0.49	0.67	0.71
Gain (Loss) on Sale of Assets	-1.03	-0.56	-0.4	0.06	0.43	-0.53
Other Unusual Items	7.23	3.88	2.58	3.17	7.73	12.21
Pretax Income	96.27	97.05	77.57	90.42	108.34	104.69
Income Tax Expense	15.19	14.15	9.75	11.65	8.99	12.69
Earnings From Continuing Operations	81.08	82.9	67.82	78.77	99.35	92
Minority Interest in Earnings	0.16	-0.08	2.47	1.11	-0.55	-3.32
Net Income	81.24	82.82	70.29	79.88	98.8	88.68
Net Income to Common	81.24	82.82	70.29	79.88	98.8	88.68
Net Income Growth	13.48%	17.82%	-12.00%	-19.15%	11.40%	71.11%
Shares Outstanding (Basic)	172	171	172	172	172	143
Shares Outstanding (Diluted)	172	171	172	172	172	143
Shares Change	-1.22%	-0.46%	0.28%	-0.01%	20.04%	10.89%
EPS (Basic)	0.47	0.48	0.41	0.47	0.58	0.62
EPS (Diluted)	0.47	0.48	0.41	0.47	0.58	0.62
EPS Growth	14.88%	18.37%	-12.25%	-19.13%	-7.19%	54.31%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	25.73	58.08	-33.2	-78.86	52.97	40.54
Free Cash Flow Per Share	0.15	0.34	-0.19	-0.46	0.31	0.28
Dividend Per Share	0.167	0.167	0.208	0.298	0.298	0.298
Dividend Growth	-19.97%	-19.97%	-30.01%	0%	0%	-
Gross Margin	39.69%	38.96%	33.12%	37.92%	33.83%	36.76%
Operating Margin	19.82%	21.50%	17.70%	21.98%	21.31%	22.92%
Profit Margin	17.37%	18.93%	16.83%	21.68%	23.10%	22.00%
Free Cash Flow Margin	5.50%	13.28%	-7.95%	-21.40%	12.39%	10.06%
EBITDA	131.68	130.65	109.65	100.61	105.94	108.45
EBITDA Margin	28.16%	29.86%	26.25%	27.30%	24.77%	26.91%
D&A For EBITDA	39.01	36.57	35.72	19.6	14.8	16.06
EBIT	92.66	94.08	73.93	81.01	91.14	92.39
EBIT Margin	19.82%	21.50%	17.70%	21.98%	21.31%	22.92%
Effective Tax Rate	15.78%	14.58%	12.57%	12.88%	8.30%	12.12%
Revenue as Reported	467.62	437.53	417.78	368.48	427.66	403.07
Advertising Expenses	-	2.26	2.54	2.55	0.83	-