SHA:688811 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	574.63	559.11	480.56	385.8
Other Revenue	-	50.52	17.41	28.56
Revenue	574.63	609.64	497.97	414.35
Revenue Growth (YoY)	-5.74%	22.43%	20.18%	-
Cost of Revenue	407.07	441.67	359.17	291.1
Gross Profit	167.56	167.97	138.8	123.26
Selling, General & Admin	50.04	43.98	37.49	36.51
Research & Development	45.59	52.3	37.08	44.87
Other Operating Expenses	-7.7	2.25	1.74	3.5
Operating Expenses	87.81	102.09	78.71	86.47
Operating Income	79.75	65.88	60.09	36.79
Interest Expense	-2.35	-3.55	-3.17	-2.72
Interest & Investment Income	0.22	1.1	0.68	0.13
Currency Exchange Gain (Loss)	-	2.08	0.3	4.69
Other Non Operating Income (Expenses)	-0.49	-0.37	2.46	11.95
EBT Excluding Unusual Items	77.13	65.14	60.37	50.84
Gain (Loss) on Sale of Investments	-	-	-	-0.55
Gain (Loss) on Sale of Assets	4.84	-0.17	1.12	18.8
Asset Writedown	-2.06	-0.2	-0.2	-0.07
Other Unusual Items	-	11.57	7.06	15.4
Pretax Income	79.91	76.34	68.34	84.42
Income Tax Expense	11.1	7.9	6.43	9.31
Earnings From Continuing Operations	68.81	68.44	61.91	75.11
Minority Interest in Earnings	0.09	-2.89	-8.04	-16.8
Net Income	68.9	65.55	53.88	58.31
Net Income to Common	68.9	65.55	53.88	58.31
Net Income Growth	5.12%	21.66%	-7.59%	-
Shares Outstanding (Basic)	363	328	-	-
Shares Outstanding (Diluted)	363	328	-	-
Shares Change (YoY)	10.65%	-	-	-
EPS (Basic)	0.19	0.20	-	-
EPS (Diluted)	0.19	0.20	-	-
EPS Growth	-5.00%	-	-	-
Free Cash Flow	14.14	-153.21	32.41	2.3
Free Cash Flow Per Share	0.04	-0.47	-	-
Gross Margin	29.16%	27.55%	27.87%	29.75%
Operating Margin	13.88%	10.81%	12.07%	8.88%
Profit Margin	11.99%	10.75%	10.82%	14.07%
Free Cash Flow Margin	2.46%	-25.13%	6.51%	0.56%
EBITDA	88.77	74.9	67.07	44.26
EBITDA Margin	15.45%	12.29%	13.47%	10.68%
D&A For EBITDA	9.03	9.03	6.98	7.47
EBIT	79.75	65.88	60.09	36.79
EBIT Margin	13.88%	10.81%	12.07%	8.88%
Effective Tax Rate	13.89%	10.35%	9.41%	11.03%
Revenue as Reported	574.63	-	-	-

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