SHA:688813 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	2,144	2,353	2,130	1,563	918.53	499.96
Other Revenue	41.61	41.61	63.71	106.92	86.05	19.46
Revenue	2,186	2,395	2,194	1,669	1,005	519.41
Revenue Growth (YoY)	-8.61%	9.16%	31.41%	66.18%	93.41%	-
Cost of Revenue	1,771	1,941	1,763	1,332	804.33	392.36
Gross Profit	414.96	453.9	430.38	337.25	200.25	127.05
Selling, General & Admin	73.22	70.31	79.06	65.58	39.22	36.38
Research & Development	98.42	93.76	71.84	48.54	37.55	21.17
Other Operating Expenses	9.54	11.52	-1.83	-9.07	2.91	2.16
Operating Expenses	211.42	217.13	206.75	160.49	95.4	64.78
Operating Income	203.54	236.77	223.63	176.76	104.85	62.27
Interest Expense	-11.24	-11.8	-9.58	-5.2	-3.25	-7.25
Interest & Investment Income	0.4	0.26	1.88	3.41	3.88	0.91
Currency Exchange Gain (Loss)	-0.08	-0.08	0.14	0.31	-0.11	-0.03
Other Non Operating Income (Expenses)	-0.47	-0.54	1.15	-9.61	-1.67	-1.21
EBT Excluding Unusual Items	192.16	224.61	217.22	165.67	103.69	54.7
Gain (Loss) on Sale of Investments	-0.16	-0.47	-0.31	-	-	-
Gain (Loss) on Sale of Assets	-0.51	-0.51	0.12	0.06	-	-
Asset Writedown	-1.69	0.01	-0.03	-	-	-
Other Unusual Items	1.32	1	-	8.23	5.45	6.39
Pretax Income	191.12	224.63	217	173.96	109.14	61.09
Income Tax Expense	15.17	20.52	21.61	18.62	10.85	6.11
Net Income	175.95	204.11	195.39	155.35	98.29	54.98
Net Income to Common	175.95	204.11	195.39	155.35	98.29	54.98
Net Income Growth	-23.41%	4.46%	25.78%	58.04%	78.77%	-
Shares Outstanding (Basic)	120	120	120	120	120	-
Shares Outstanding (Diluted)	120	120	120	120	120	-
Shares Change (YoY)	0.55%	0.16%	-0.46%	0.46%	-	-
EPS (Basic)	1.46	1.70	1.63	1.29	0.82	-
EPS (Diluted)	1.46	1.70	1.63	1.29	0.82	-
EPS Growth	-23.82%	4.29%	26.36%	57.32%	-	-
Free Cash Flow	129.53	118.1	-533.39	151.8	147.13	262.63
Free Cash Flow Per Share	1.08	0.98	-4.45	1.26	1.23	-
Dividend Per Share	-	-	-	-	0.500	-
Gross Margin	18.98%	18.95%	19.62%	20.20%	19.93%	24.46%
Operating Margin	9.31%	9.89%	10.19%	10.59%	10.44%	11.99%
Profit Margin	8.05%	8.52%	8.91%	9.30%	9.79%	10.59%
Free Cash Flow Margin	5.93%	4.93%	-24.31%	9.09%	14.65%	50.56%
EBITDA	225.77	258.32	242.46	189.86	111.88	67.69
EBITDA Margin	10.33%	10.79%	11.05%	11.37%	11.14%	13.03%
D&A For EBITDA	22.23	21.54	18.82	13.1	7.03	5.42
EBIT	203.54	236.77	223.63	176.76	104.85	62.27
EBIT Margin	9.31%	9.89%	10.19%	10.59%	10.44%	11.99%
Effective Tax Rate	7.94%	9.14%	9.96%	10.70%	9.94%	10.00%
Revenue as Reported	2,186	2,395	2,194	1,669	1,005	519.41
Advertising Expenses	-	1.13	0.92	0.89	0.09	0.2