Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (CNY) Term End Date Filing Date | 2025 Dec 31, 2025 Mar 17, 2026 | 2024 Dec 31, 2024 Mar 28, 2025 | 2023 Dec 31, 2023 Mar 15, 2024 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
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Total Revenue | 129.08B 3.0% | 133.13B 1.1% | 134.60B 8.8% | 123.67B 0.7% | 124.49B 16.3% | 107.07B 0.3% | 107.41B 5.0% | 102.28B 20.6% |
Cost of Revenue | 72.44B 9.6% | 66.10B 1.6% | 65.03B 1.7% | 63.94B 0.6% | 64.31B 16.6% | 55.16B 12.2% | 62.85B 21.5% | 51.74B 20.2% |
Gross Profit | 56.64B 15.5% | 67.02B 3.7% | 69.57B 16.4% | 59.74B 0.7% | 60.18B 15.9% | 51.92B 16.5% | 44.56B 11.8% | 50.53B 21.0% |
Gross Margin % | 44.00% 12.0% | 50.00% 3.8% | 52.00% 8.3% | 48.00% 0.0% | 48.00% 0.0% | 48.00% 17.1% | 41.00% 16.3% | 49.00% 0.0% |
Research & Development | 20.43B 7.7% | 22.13B 8.5% | 24.19B 3.8% | 23.32B 6.5% | 24.94B 27.8% | 19.51B 6.4% | 18.35B 16.3% | 15.77B 22.0% |
General & Administrative | 0.00 | 0.00 100.0% | 10.32B 0.0% | 10.31B 17.6% | 12.52B 29.6% | 9.66B 2.7% | 9.41B 3.1% | 9.13B 7.1% |
Selling & Marketing | 0.00 | 0.00 100.0% | 13.20B 29.4% | 10.20B 16.4% | 12.20B 45.2% | 8.40B 20.0% | 10.50B 4.0% | 10.10B 119.6% |
SG&A Expenses | 25.84B 9.4% | 23.62B 0.4% | 23.52B 14.6% | 20.51B 17.0% | 24.72B 36.9% | 18.06B 9.3% | 19.91B 3.5% | 19.23B 46.5% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 46.28B 1.1% | 45.75B 4.1% | 47.71B 8.9% | 43.83B 11.7% | 49.66B 32.2% | 37.58B 1.8% | 38.26B 9.3% | 35.00B 34.3% |
Cost and Expenses | 118.71B 6.1% | 111.86B 0.8% | 112.74B 4.6% | 107.76B 5.4% | 113.97B 22.9% | 92.73B 8.3% | 101.11B 16.6% | 86.75B 25.5% |
Operating Income | 10.37B 51.3% | 21.27B 2.7% | 21.86B 492.0% | -5.58B 34.1% | -8.46B 1.0% | -8.37B 57.0% | -19.48B 225.5% | 15.53B 1.0% |
Operating Margin % | 8.00% 50.0% | 16.00% 0.0% | 16.00% 420.0% | -5.00% 28.6% | -7.00% 12.5% | -8.00% 55.6% | -18.00% 220.0% | 15.00% 21.1% |
EBITDA | 23.79B 33.8% | 35.95B 1.6% | 36.53B 151.8% | 14.51B 2.9% | 14.10B 1.7% | 14.34B 42.1% | 24.76B 15.6% | 29.33B 0.0% |
EBITDA Margin % | 18.00% 33.3% | 27.00% 0.0% | 27.00% 125.0% | 12.00% 9.1% | 11.00% 15.4% | 13.00% 43.5% | 23.00% 20.7% | 29.00% 17.1% |
Interest Expense | 2.78B 1.4% | 2.82B 13.1% | 3.25B 11.5% | 2.91B 14.8% | 3.42B 10.2% | 3.10B 4.8% | 2.96B 57.2% | 1.88B 16.6% |
Interest Income | 8.60B 8.0% | 7.96B 0.6% | 8.01B 28.2% | 6.25B 12.5% | 5.55B 3.6% | 5.36B 11.6% | 6.06B 36.1% | 4.45B 41.1% |
Other Income (Expense) | -3.65B 149.7% | 7.35B 120.0% | 3.34B 78.7% | 15.69B 18.5% | 19.24B 119.9% | 8.75B 231.6% | -6.65B 156.4% | 11.79B 110.9% |
Pre-Tax Income | 6.72B 76.5% | 28.62B 13.6% | 25.20B 149.2% | 10.11B 6.2% | 10.78B 53.3% | 23.09B 6891.2% | -340.00M 101.2% | 27.32B 28.4% |
Pre-Tax Margin % | 5.00% 77.3% | 22.00% 15.8% | 19.00% 137.5% | 8.00% 11.1% | 9.00% 59.1% | 22.00% | 0.00% 100.0% | 27.00% 8.0% |
Tax Provision | 1.26B 71.7% | 4.45B 21.9% | 3.65B 41.5% | 2.58B 19.1% | 3.19B 21.6% | 4.06B 108.6% | 1.95B 58.9% | 4.74B 58.4% |
Net Income | 5.59B 76.5% | 23.76B 17.0% | 20.32B 168.8% | 7.56B 0.4% | 7.59B 66.2% | 22.47B 1082.2% | -2.29B 108.3% | 27.57B 50.7% |
Net Margin % | 4.00% 77.8% | 18.00% 20.0% | 15.00% 150.0% | 6.00% 0.0% | 6.00% 71.4% | 21.00% 1150.0% | -2.00% 107.4% | 27.00% 22.7% |
Basic EPS | 13.28 80.0% | 66.48 14.4% | 77.68 257.0% | 21.76 1.1% | 22.00 66.6% | 65.84 1103.7% | -6.56 108.3% | 79.04 49.9% |
Diluted EPS | 11.76 82.2% | 65.92 5.9% | 62.24 189.2% | 21.52 0.4% | 21.60 66.9% | 65.20 1093.9% | -6.56 108.3% | 78.96 50.9% |
Basic Shares Outstanding | 475.26M 36.3% | 348.75M 0.6% | 350.88M 0.9% | 347.75M 0.9% | 344.75M 1.0% | 341.50M 2.0% | 348.38M 0.2% | 348.99M 0.5% |
Diluted Shares Outstanding | 343.00M 1.9% | 349.75M 1.4% | 354.63M 1.0% | 351.13M 0.2% | 351.75M 2.1% | 344.50M 1.3% | 348.88M 0.1% | 349.35M 0.0% |