SHA:688785 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
Revenue	530.25	540.79	325.27	158.16
Revenue Growth (YoY)	-1.95%	66.26%	105.66%	-
Cost of Revenue	-	277.38	176.64	93.23
Gross Profit	530.25	263.41	148.63	64.93
Selling, General & Admin	-	53.33	33.87	21.66
Research & Development	-	55.28	36.96	21.54
Other Operating Expenses	407.81	-18.57	-0.34	0.4
Operating Expenses	407.81	90.03	73.39	44.23
Operating Income	122.44	173.38	75.24	20.7
Interest Expense	-	-	-0.37	-1.27
Interest & Investment Income	-	2.6	1.46	1.2
Currency Exchange Gain (Loss)	-	-	0.12	0.22
Other Non Operating Income (Expenses)	-0.46	0.43	0.1	0.03
EBT Excluding Unusual Items	121.98	176.41	76.55	20.88
Gain (Loss) on Sale of Investments	-	-	0.62	0
Asset Writedown	-	-15.36	-0	0
Other Unusual Items	-	-	11.29	6.6
Pretax Income	121.98	161.04	88.46	27.48
Income Tax Expense	7.6	17.9	7.92	1.09
Net Income	114.38	143.15	80.54	26.39
Net Income to Common	114.38	143.15	80.54	26.39
Net Income Growth	-20.10%	77.75%	205.18%	-
Shares Outstanding (Basic)	51	51	49	-
Shares Outstanding (Diluted)	51	51	49	-
Shares Change (YoY)	0.14%	3.37%	-	-
EPS (Basic)	2.25	2.82	1.64	-
EPS (Diluted)	2.25	2.82	1.64	-
EPS Growth	-20.21%	71.95%	-	-
Free Cash Flow	-	13.59	35.21	0.17
Free Cash Flow Per Share	-	0.27	0.72	-
Gross Margin	100.00%	48.71%	45.69%	41.05%
Operating Margin	23.09%	32.06%	23.13%	13.09%
Profit Margin	21.57%	26.47%	24.76%	16.69%
Free Cash Flow Margin	-	2.51%	10.83%	0.11%
EBITDA	139.43	188.7	83.44	24.94
EBITDA Margin	26.30%	34.89%	25.65%	15.77%
D&A For EBITDA	16.99	15.33	8.2	4.24
EBIT	122.44	173.38	75.24	20.7
EBIT Margin	23.09%	32.06%	23.13%	13.09%
Effective Tax Rate	6.23%	11.11%	8.96%	3.97%
Revenue as Reported	-	-	325.27	158.16
Advertising Expenses	-	-	0.65	0.31

Source: S&P Capital IQ. Standard template. Financial Sources.