SHA:688835 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 2020
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Operating Revenue	625.08	509.21	421.53	224.66	162.54	174.48
Other Revenue	1.39	1.39	1.64	1.06	2.49	2.37
Revenue	626.47	510.61	423.17	225.71	165.03	176.86
Revenue Growth	-	20.66%	87.48%	36.77%	-6.69%	42.90%
Cost of Revenue	281.4	229.32	205.59	117.11	75.81	80.84
Gross Profit	345.08	281.29	217.58	108.6	89.22	96.02
Selling, General & Admin	80	70.58	62.52	56.86	48.66	14.54
Research & Development	98.55	81.39	54.05	43.51	36.04	19.54
Other Operating Expenses	1.67	4.53	1.53	1.76	-1.8	-8.92
Operating Expenses	179.58	155.86	126.07	109.25	83.41	23.62
Operating Income	165.5	125.43	91.51	-0.65	5.81	72.41
Interest Expense	-0.38	-0.38	-1.16	-0.65	-0.54	-
Interest & Investment Income	1.85	1.92	0.03	0.42	2.68	2.96
Currency Exchange Gain (Loss)	-0.57	-0.57	0.12	0.06	0.13	-0.56
Other Non Operating Income (Expenses)	12.77	-0.08	0.94	1.36	-0.15	-0.09
EBT Excluding Unusual Items	179.17	126.32	91.44	0.54	7.95	74.72
Gain (Loss) on Sale of Investments	4.31	0.95	-0.23	-	0.15	-
Gain (Loss) on Sale of Assets	-1.09	-1.3	-0.91	-0.26	-0.03	-0.07
Asset Writedown	-1.29	-	-	-	-0	-0.01
Other Unusual Items	16.61	16.61	19.6	25.42	6.33	-0.1
Pretax Income	197.72	142.59	109.9	25.71	14.4	74.54
Income Tax Expense	17.3	12.08	10.14	-0.79	-1.03	9.05
Earnings From Continuing Operations	180.42	130.5	99.76	26.49	15.43	65.49
Minority Interest in Earnings	3.15	2.22	-	-	-0.03	-0.58
Net Income	183.58	132.72	99.76	26.49	15.4	64.92
Net Income to Common	183.58	132.72	99.76	26.49	15.4	64.92
Net Income Growth	-	33.04%	276.57%	72.05%	-76.28%	51.08%
Shares Outstanding (Basic)	77	73	70	68	67	68
Shares Outstanding (Diluted)	77	73	70	68	67	68
Shares Change	-	3.80%	3.43%	1.47%	-1.09%	3.06%
EPS (Basic)	2.38	1.82	1.42	0.39	0.23	0.96
EPS (Diluted)	2.38	1.82	1.42	0.39	0.23	0.96
EPS Growth	-	28.17%	264.10%	69.56%	-76.02%	47.56%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Free Cash Flow	89.04	99.97	42.64	-82.68	-79.08	61.91
Free Cash Flow Per Share	1.16	1.37	0.61	-1.22	-1.18	0.92
Dividend Per Share	-	-	0.400	0.300	-	-
Dividend Growth	-	-	33.33%	200.00%	-	-
Gross Margin	55.08%	55.09%	51.42%	48.12%	54.06%	54.29%
Operating Margin	26.42%	24.56%	21.63%	-0.29%	3.52%	40.94%
Profit Margin	29.30%	25.99%	23.57%	11.74%	9.33%	36.70%
Free Cash Flow Margin	14.21%	19.58%	10.08%	-36.63%	-47.92%	35.00%
EBITDA	177.49	136.17	101.52	3.01	9.73	74.15
EBITDA Margin	28.33%	26.67%	23.99%	1.34%	5.90%	41.93%
D&A For EBITDA	11.99	10.75	10	3.67	3.92	1.74
EBIT	165.5	125.43	91.51	-0.65	5.81	72.41
EBIT Margin	26.42%	24.56%	21.63%	-0.29%	3.52%	40.94%
Effective Tax Rate	8.75%	8.48%	9.23%	-	-	12.14%
Revenue as Reported	510.61	510.61	423.17	225.71	165.03	-
Advertising Expenses	-	1.74	2.26	2.11	0.18	0.85