CNY 36.50
−1.48%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 101.1B | 104.3B | 82.5B | 59.3B | 50.3B |
| Cost of Revenue | 76.6B | 82.9B | 68.9B | 49.4B | 43.2B |
| Gross Profit | 24.5B | 21.3B | 13.6B | 9.8B | 7.1B |
| Operating Expenses | |||||
| R&D Expense | 1.1B | 992.9M | 770.4M | 487.2M | 399.6M |
| SG&A Expense | (427.0M) | — | — | — | — |
| General & Admin Expense | 2.3B | 3.6B | 2.9B | 2.5B | 2.3B |
| Selling & Marketing Expense | 234.1M | 167.2M | 184.6M | 147.2M | 176.4M |
| Other Expenses | 2.8B | — | — | — | — |
| Total Operating Expenses | 9.9B | 8.9B | 7.4B | 5.8B | 4.8B |
| Cost and Expenses | 86.5B | 91.9B | 76.3B | 55.3B | 48.0B |
| Operating Income (EBIT) | 12.1B | 9.4B | 5.7B | 3.6B | 2.1B |
| Non-Operating | |||||
| Interest Income | 55.8M | — | — | — | — |
| Interest Expense | 429.1M | — | — | — | — |
| Net Interest Income | (373.4M) | — | — | — | — |
| Other Non-Op Income/Expense | (11.0M) | — | — | — | — |
| Non-Operating Income (excl Interest) | (1.0B) | — | — | — | — |
| EBT (Pre-Tax Income) | 11.8B | 9.1B | 5.7B | 3.6B | 2.0B |
| Income Tax Expense | 3.3B | 2.5B | 1.2B | 672.5M | 580.6M |
| Bottom Line | |||||
| Net Income | 5.5B | 4.7B | 3.0B | 2.3B | 1.2B |
| Earnings from Cont. Ops | 8.5B | 6.6B | 4.4B | 2.9B | 1.4B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 5.2B | 4.7B | 3.0B | 2.3B | 1.2B |
| Per Share | |||||
| Basic EPS | CN¥1.12 | CN¥0.94 | CN¥0.57 | CN¥0.42 | CN¥0.20 |
| Diluted EPS | CN¥1.12 | CN¥0.94 | CN¥0.57 | CN¥0.42 | CN¥0.20 |
| Revenue Per Share | CN¥21.39 | CN¥20.68 | CN¥15.94 | CN¥10.70 | CN¥8.06 |
| Shares | |||||
| Basic Shares Outstanding | 4.7B | 5.0B | 5.2B | 5.5B | 6.2B |
| Diluted Shares Outstanding | 4.2B | 5.0B | 5.2B | 5.5B | 6.2B |
| Profitability Metrics | |||||
| EBITDA | 7.2B | 16.6B | 10.6B | 7.6B | 5.3B |
| D&A | 1.6B | 7.2B | 4.9B | 3.9B | 3.2B |
| EBIT | 5.6B | — | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026