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	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 '20 Dec 31, 2020
Operating Revenue	595.13	509.21	421.53	224.66	162.54	174.48
Other Revenue	1.14	1.39	1.64	1.06	2.49	2.37
Revenue	596.26	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	260.35	229.32	205.59	117.11	75.81	80.84
Gross Profit	335.91	281.29	217.58	108.6	89.22	96.02
Selling, General & Admin	76.33	70.58	62.52	56.86	48.66	14.54
Research & Development	85.51	81.39	54.05	43.51	36.04	19.54
Other Operating Expenses	-2.59	4.53	1.53	1.76	-1.8	-8.92
Operating Expenses	153.98	155.86	126.07	109.25	83.41	23.62
Operating Income	181.93	125.43	91.51	-0.65	5.81	72.41
Interest Expense	-0.33	-0.38	-1.16	-0.65	-0.54	-
Interest & Investment Income	2.71	1.92	0.03	0.42	2.68	2.96
Currency Exchange Gain (Loss)	-1.75	-0.57	0.12	0.06	0.13	-0.56
Other Non Operating Income (Expenses)	0.01	-0.08	0.94	1.36	-0.15	-0.09
EBT Excluding Unusual Items	182.56	126.32	91.44	0.54	7.95	74.72
Gain (Loss) on Sale of Investments	2.71	0.95	-0.23	-	0.15	-
Gain (Loss) on Sale of Assets	-0.41	-1.3	-0.91	-0.26	-0.03	-0.07
Asset Writedown	-	-	-	-	-0	-0.01
Other Unusual Items	18.15	16.61	19.6	25.42	6.33	-0.1
Pretax Income	203.01	142.59	109.9	25.71	14.4	74.54
Income Tax Expense	21.19	12.08	10.14	-0.79	-1.03	9.05
Earnings From Continuing Operations	181.82	130.5	99.76	26.49	15.43	65.49
Minority Interest in Earnings	2.63	2.22	-	-	-0.03	-0.58
Net Income	184.45	132.72	99.76	26.49	15.4	64.92
Net Income to Common	184.45	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)	75	73	70	68	67	68
Shares Outstanding (Diluted)	75	73	70	68	67	68
Shares Change	-	3.80%	3.43%	1.47%	-1.09%	3.06%
EPS (Basic)	2.46	1.82	1.42	0.39	0.23	0.96
EPS (Diluted)	2.46	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	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 '20 Dec 31, 2020
Free Cash Flow	184.11	99.97	42.64	-82.68	-79.08	61.91
Free Cash Flow Per Share	2.46	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	56.34%	55.09%	51.42%	48.12%	54.06%	54.29%
Operating Margin	30.51%	24.56%	21.63%	-0.29%	3.52%	40.94%
Profit Margin	30.94%	25.99%	23.57%	11.74%	9.33%	36.70%
Free Cash Flow Margin	30.88%	19.58%	10.08%	-36.63%	-47.92%	35.00%
EBITDA	193.51	136.17	101.52	3.01	9.73	74.15
EBITDA Margin	32.45%	26.67%	23.99%	1.34%	5.90%	41.93%
D&A For EBITDA	11.58	10.75	10	3.67	3.92	1.74
EBIT	181.93	125.43	91.51	-0.65	5.81	72.41
EBIT Margin	30.51%	24.56%	21.63%	-0.29%	3.52%	40.94%
Effective Tax Rate	10.44%	8.48%	9.23%	-	-	12.14%
Revenue as Reported	596.26	510.61	423.17	225.71	165.03	-
Advertising Expenses	-	1.74	2.26	2.11	0.18	0.85